Cyanotech Common Stock Continues Trading on Nasdaq SmallCap Market.Business Editors/Health/Medical Writers KAILUA-KONA, Hawaii--(BUSINESS WIRE)--June 18, 2003 Cyanotech Corporation (Nasdaq: CYAN) today announced that it has received from Nasdaq an additional 90-day period, or until September Until September is a 1984 romantic drama set in France. It stars Karen Allen as an American tourist in Paris who falls in love with a married Frenchman (Thierry Lhermitte). External links 10, 2003, to meet compliance for continued listing on the SmallCap Market. Regarding the Company's prospects for the coming months, Cyanotech President and Chief Executive Officer, Dr. Gerald Cysewski, said, "Cyanotech's results for the past two fiscal quarters indicate continued progress towards profitability with sales of natural astaxanthin products, NatuRose(R) and BioAstin(R), increasing steadily. We hope to maintain this trend in the new fiscal year, which began April 1, 2003." Cyanotech Corporation, a world leader in microalgae technology, develops unique natural products from microalgae, and is the world's only producer of Hawaiian Spirulina spirulina Any cyanobacteria in the genus Spirulina. A traditional food source in parts of Africa and Mexico, spirulina is an exceptionally rich source of vitamins, minerals, and protein, and one of the few nonanimal sources of vitamin B12. and the largest commercial producer of BioAstin(R) natural astaxanthin (pronounced "asta-zan-thin"). Products include BioAstin(R), a powerful antioxidant antioxidant, substance that prevents or slows the breakdown of another substance by oxygen. Synthetic and natural antioxidants are used to slow the deterioration of gasoline and rubber, and such antioxidants as vitamin C (ascorbic acid), butylated hydroxytoluene with expanding applications as a human nutraceutical; NatuRose(R) natural astaxanthin for the aquaculture aquaculture, the raising and harvesting of fresh- and saltwater plants and animals. The most economically important form of aquaculture is fish farming, an industry that accounts for an ever increasing share of world fisheries production. and animal feed industries; Spirulina Pacifica(R), a nutrient-rich green food; and phycobiliproteins, fluorescent pigments used in the immunological immunologic, immunological emanating from or pertaining to immunology. immunologic competence see immunocompetence. immunologic domains diagnostics market. Spirulina Pacifica(R) and BioAstin(R) are found in the products of the finest supplement brands in over 30 countries worldwide and are sold through various distribution channels including mass, discount, grocery, pharmacy, health food, network marketing, internet and others. Cyanotech is committed to sustainable business A business is sustainable if it has adapted its practices for the use of renewable resources and holds itself accountable for the environmental and human rights impacts of its activities. practices that respect the environment and our natural resources. Corporate and product information is available at www.cyanotech.com |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion