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HAYWARD, CA, March 22, 2000 - Sepragen Corporation (OTC BB:
SPGNU, SPGNA, SPGNW) a technology developer of equipment and supplies for radial flow chromatography
(RFC) applications, today announced the launch of its QuantaSep 3.X
bioseparations control software for Windows NT.
This dynamic new software powers Sepragen’s line of pilot and process scale
chromatography systems. These systems
are being used by Sepragen’s biotech customers to “scale-up” their processes in
order to produce purified material for later stage clinical trials and biotech
drug manufacturing. Sepragen’s biotech
customers include, Smith-Kline Beechman, Schering Plough, Baxter International,
Glaxo Wellcome, Chiron, Merck and Roche Diagnostics.
Vinit Saxena, Sepragen’s Chairman and CEO stated,
“Our technologies enable our biotech and gene therapy customers to produce
large quantities of product quickly, for clinical testing, which accelerates
their time to market. More established
customers find that our technology and products enable cost-effective,
predictable “scale-up” of their purification process for commercial launch.”
Sepragen Corporation develops and markets technology along with equipment and supplies
for process chromatography applications. Sepragen has developed a number of patented
applications that provide large market opportunities in the food and beverage industry,
including debittering citrus juices, extracting isoflavone (plant estrogen) from soy, as
well as extracting proteins from whey. The company holds over 14 issued patents relating
to its core technology.
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The statements in this release that relate to future events
or performance, statements about growth, future regulatory clearances, levels of sales and
market size and future manufacturing capacity and efficiencies are forward-looking
statements that involve risks and uncertainties, including risks associated with
uncertainties related to the development of markets for and commercial acceptance of the
company's products and services, the availability of components, competitors' product
introductions and other risks identified in the company's SEC filings. Actual results may
differ from those described in these forward-looking statements. Readers are cautioned not
to place undue reliance on these forward-looking statements, which speak only as of the
date hereof.
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