Struthers, Inc. Forms Subsidiary with Legred Genetics, Inc.

CHARLESTON, S.C.--(BUSINESS WIRE)--Oct. 18, 1999--

Struthers, Inc. (OTC BB:STRU), world leaders in porcine biotechnology, is pleased to announce that on October 15, 1999, Legred Genetics Inc., parent company of LSG/Norsvin, entered into an agreement with Struthers, Inc. to become a part of Struthers wholly owned subsidiary to be known as Legred Struthers Genetics, Inc. (LSG).

Legred Genetics is currently valued at over $5.2 million.

LSG/Norsvin is a 3700 stud boar, sow and gilt multiplier operation, which has in excess of 7000 customers with ongoing sales agreements for semen, stud boars, and gilts. LSG/Norsvin markets its swine-breeding program worldwide through artificial insemination and nucleus breeding animals. LSG/Norsvin is noted for being a leading international genetic development company selecting and breeding swine for lean muscle, faster growth, lower feed conversion, and leaner carcass. The animals consistently average over 60% lean meat content in less than 140 days.

LSG/Norsvin was recently recognized by the National Pork Producers Council as producer of the top percentage lean muscle volume pigs in the nation.

Dr. Douglas Beatty, President & CEO of Struthers, Inc., stated, "We are looking forward to working with Brent Legred, President of Legred Genetics. Mr. Legred brings internationally renowned genetic experience to our new subsidiary".

For more information visit our web site at http://www.struthersinc.com .

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by Struthers, Inc.) contains statements that are forward-looking, such as, statements relating to the future anticipated direction of the porcine industry, future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of Struthers, Inc. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, changes in federal or state tax laws and market competition factors.