Donlar Biosyntrex Corporation Announces Stock Symbol Change.Business Editors BEDFORD PARK Bedford Park is the name of several places around the world:
Donlar Biosyntrex Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :BIME), a world leader in green chemistry, products and technology, today announced that its common stock listing symbol will change to DBSY, effective August 7, 2001. All stock trading, transaction settlements and market related information will be reported under this new symbol. The stock of Donlar Biosentrex Corporation trades on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. and will be accessible on various financial websites under the symbols DBSY and/or DBSY.OB. Larry P. Koskan, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President of Donlar Biosyntrex Corporation, stated, "We feel the effective change in our stock symbol will further help to differentiate our current operations from those of the Company prior to the asset purchase agreement with Biomune Systems, Inc. of October 31st of last year." Donlar Biosyntrex Corporation is at the forefront of providing unique synthetic proteins that reduce product manufacturing costs while satisfying environmental concerns for the creation of non-toxic products for a wide range of industrial and consumer markets. These thermal polyaspartate (TPA (Transient Program Area) See transient area. TPA - Transient Program Area ) biopolymers are protected by 130 Company owned patents, and are being rolled out into a broad variety of industrial, agricultural and consumer markets. In agricultural applications, these biodegradable proteins increase the efficiency of fertilizers, reducing fertilizer costs and ground water pollutants while improving crop yields. Initial products utilizing the Company's compounds also offer environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] improvements on products for oil production, baby and adult diapers, consumer detergents and agricultural markets. Donlar Biosyntrex also markets a superior natural protein used in pharmaceutical and nutraceutical markets. The Company is commercializing a unique family of synthetic biopolymer bi·o·pol·y·mer n. A macromolecule, such as a protein or nucleic acid, that is formed in a living organism. biopolymer any protein or nucleic acid produced by a living organism. proteins that are non-hazardous, non-toxic, hypoallergenic hy·po·al·ler·gen·ic adj. Having a decreased tendency to provoke an allergic reaction. hypoallergenic (hī´pōal´urjen´ik), adj , environmentally friendly and biodegradable. The U.S. government recognized the potential environmental benefits of the Company's patented family of biopolymers when they awarded the Company the first Presidential Green Chemistry Challenge Award. Economically viable applications are now being commercialized via industry-specific distributors. The Company also distributes natural proteins which contain the world's highest levels of immonuglobulins. These natural proteins are produced from milk by-products (whey whey liquid residue from milk after the removal of cheese curds in the manufacture of cheese. An excellent protein supplement but difficult to handle in the liquid form, except to pigs maintained close to the cheese factory. Dried whey is easy to handle but processing costs are high. ) and are useful in pharmaceutical, nutrient and nutraceutical applications. These immonoglobulin based milk proteins (IMP) are in the early stages of commercialization in the nutraceutical and nutrient supplement markets. Donlar addesses the needs for high IMP proteins by providing agricultural, industrial and consumer customers with products that are environmentally friendly and biodegradable, while at the same time offering superior economic performance. About Donlar Donlar is a twenty-first century research, development and marketing company that produce products ranging from performance chemicals and agricultural enhancers, to pharmaceuticals and nutraceuticals. Donlar is proud to have been the recipient of the EPA's first Presidential Green Chemistry Challenge Award for its work in the development of environmentally responsible products and manufacturing processes. Investments of over $60 million devoted to Donlar's research and development efforts have resulted in the issuance of 130 global patents that protect the Company's green technology, products and markets. Donlar's products are manufactured in its state-of-the-art facility located in Peru, Illinois Peru is a city in LaSalle County, Illinois, United States. The population was 9,835 at the 2000 census. Geography Peru is located at (41.334458, -89.127385). . (www.donlar.com) This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results could differ materially from those projected in the forward-looking statements, which involve a number of risks and uncertainties. The contents of this release should be considered in conjunction with the risk facters in Biomune's most recent filings with the Securities and Exchange Commission on Forms 10-QSB and 10-KSB and current reports on Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. . |
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