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CROP GENETICS LEASES NEW PRODUCTION FACILITY FACTORY FOR ENVIRONMENTALLY SAFE BIOINSECTICIDES

 CROP GENETICS LEASES NEW PRODUCTION FACILITY
 FACTORY FOR ENVIRONMENTALLY SAFE BIOINSECTICIDES
 COLUMBIA, Md., Sept. 2 /PRNewswire/ -- Crop Genetics International (NASDAQ: CROP) announced today that the company has entered into a lease for a 75,500 square-foot building in Columbia, Md., to house the company's new production facility for environmentally safe bioinsecticides.
 The Howard County building, owned by a joint venture between Manekin Corporation and Copley Real Estate Advisors, will also become the new headquarters for Crop Genetics International. "We are anxious to begin production of our bioinsecticide and look forward to consolidating our laboratories and administrative offices into one building," said Joe Kelly, Crop Genetics chief executive officer. Kelly said about 80 of the company's 100 employees will be located at the Columbia facility.
 The larger facility is needed to produce Insecticidal Virus Products or IVPs, a new class of bioinsecticides being developed by Crop Genetics International and E.I. Du Pont de Nemours & Co. IVPs protect farmer's crops from insect damage and are considered environmentally safe because they pose no known threat to wildlife or humans. Last year, Du Pont and Crop Genetics International entered into an Alliance Agreement to commercialize IVPs. Under the agreement, Crop Genetics International will be the exclusive producer of IVPs for Du Pont, most of which will be manufactured at the Columbia facility. Kelly said Crop Genetics anticipates producing IVPs in commercial quantities in the Columbia facility by the end of 1993.
 "We are very excited about our new relationship with Crop Genetics," said Donald Manekin, senior vice president of the Manekin Corporation. "The building at Rivers Center will not only satisfy Crop Genetics immediate needs, but the lot is also large enough to expand the building to accommodate future growth," explained Manekin.
 "We are delighted that Crop Genetics chose Howard County, Maryland for their expansion," said Charles I. Ecker, Howard County executive. "The development of biological crop protection products will assist the agricultural community in the search for environmentally sound products. In addition, Howard County is the heart of the Washington/Baltimore Common Market and provides sound business support and a caring community to all who choose to do business here."
 The building is located in the Rouse Company's Rivers Corporate Park which will enhance Crop Genetics' corporate image and provide some corporate amenities the company does not have today, according to Manekin. "The building is flexible to meet their space needs, with some production and some office space. It's also strategically located just five minutes from I-95 and convenient to Baltimore, Washington and the international airports," he said.
 Manekin, along with the Howard County government, has worked very closely with Crop Genetics to expedite their occupancy. "We see it as a win for the county, a win for the landlord, and a win for the tenant as well," said Manekin. "Manekin got a tenant with a long-term, 12-year lease, Crop Genetics got a lease with a flexible rent schedule that they can grow into, and the county got the type of biotechnology business targeted in their economic development plan. Manekin especially appreciates the efforts of Frank Graybeal, an assistant vice president with Barnes, Morris, Pardoe & Foster, continued Manekin.
 Crop Genetics International develops novel biological crop protection systems to control insects, weeds and other agricultural pests. CGI's research is focused on the creation of unique pesticides that are both effective for food production and compatible with the environment. The company's INSTAR(TM) division is developing low-cost manufacturing process for insecticidal virus products; the company's InCide(R) technology utilizes genetically engineered plant vaccines to protect corn, rice and other crops from insects and fungi; CGI's X-tend(TM) group is designing environmentally sound weed control systems; and the company's Kleentek(R) business markets disease-free sugarcane seed.
 Manekin Corporation is a Baltimore-based, full-service commercial real estate firm which has developed more than 5.1 million square feet of office and R&D space in Maryland and northern Virginia.
 -0- 9/2/92
 /CONTACT: Joseph Kelly, CEO of Crop Genetics International, 410-712-7170, or Donald Manekin of Manekin Corporation, 410-290-1400/
 (CROP) CO: Crop Genetics International; Manekin Corporation ST: Maryland IN: SU:


CC-JS -- PH033 -- 6127 09/02/92 17:31 EDT
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Date:Sep 2, 1992
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