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Sepragen Signs North American Distributorship with Bodman Industries

HAYWARD, CA, April 29, 1998 – Sepragen Corporation (OTC BB: SPGNU, SPGNA, SPGNW) announced that it has signed a distribution agreement with Bodman Industries. This exclusive distribution agreement will cover all of Sepragen's downstream processing purification products for cost effective biopharmaceutical production. "This strategic alliance with Bodman will result in an increased presence of our biotech product lines", said Sanjeev Saxena, Vice President of sales and marketing at Sepragen. Bodman Industries currently reports sales between 7 and 8 million and expects separation products to compliment and augment their current product lines.

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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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