MUKILTEO, Wash., Sept. 16, 2008 (GLOBE NEWSWIRE) -- CombiMatrix Corporation (Nasdaq:CBMX) clarified today that the Federal Court judgment in its favor against National Union, for $35.7 million, is not affected by AIG’s present financial woes. In March of this year, National Union, an AIG member company, posted a bond with the Court, issued by The Insurance Company of the State of Pennsylvania, in the amount of $35.3 million, to satisfy the judgment. This bond provides the funds for collection of the judgment, irrespective of AIG’s (and National Union’s) financial condition.
