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Sepragen Relocates to New Facility

 

San Leandro, CA, January 12, 2001--Sepragen Corporation (OTC BB:SPGNA), a provider of patented technology and equipment for purification needs in the nutritional and biotech industries, today announced the relocation of its operations from its Hayward location to nearby San Leandro, California.The new address and contact information is listed below:

Sepragen Corporation 

14500 Doolittle Drive

San Leandro, CA  94577 

Phone:   (510) 667-1004 

Fax:       (510) 667-1070  

Sepragen’s previous lease had expired.  The new approximately 18,500 sq. ft. facility is comparatively more affordable.  It is better suited to Sepragen’s projected operational needs with a greater percentage square footage devoted to product manufacturing as opposed to R & D.

Sepragen is a leading supplier of separation process technology, equipment and consumables to the biotechnology and nutraceutical industries.  In addition to its biotech drug separation business, the Company has developed 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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