Auris Medical Holding AG announced its intention to relocate the Company's domicile from Zug, Switzerland to Hamilton, Bermuda. With the redomiciliation, the Company expects to gain more corporate flexibility, achieve cost savings and operate under a jurisdiction that is more familiar to U.S. investors. The move and related decisions will be subject to shareholder approval. The Company's operating company, Auris Medical AG, will remain unaffected by the redomiciliation of the holding company and continue its activities in Basel, Switzerland.