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FOUNTAIN PHARMACEUTICALS, INC. LICENSES BLUBLOCKER NAME

 LARGO, Fla., Dec. 6 /PRNewswire/ -- Fountain Pharmaceuticals, Inc. (NASDAQ: FPHI) announced today that it had concluded a licensing agreement with BluBlocker Corporation for use of its brand name "BluBlocker(R)" in a line of skin care and skin protection products.
 Initial production runs have commenced, and shipments will occur early in 1994.
 John C. Walsh, Fountain's president and CEO, said, "The BluBlocker license, coupled with our technology, should be a unique combination. BluBlocker sunglasses have been an enormous success, and the audience for its product matches very well for the line extension that Fountain will introduce." Walsh indicated that the market for the product category exceeds $200 million, and, "We expect to achieve a representative share." Sales efforts will commence immediately.
 According to Joseph Sugarman, chairman of BluBlocker Corporation, "Our selection of Fountain as our licensee for skin protection was based on their advanced technology which I feel brings a new dimension to skin care. Many of our BluBlocker accounts were looking forward to this line extension."
 Fountain Pharmaceuticals is a publicly traded company based in Largo that specializes in the application of encapsulated delivery systems for the pharmaceutical and cosmetic industries. The company's shares are traded in the NASDAQ small caps grouping.
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 /CONTACT: John C. Walsh, president and CEO of Fountain Pharmaceuticals, 813-392-5300/
 (FPHI FHT)


CO: Fountain Pharmaceuticals, Inc.; BluBlocker Corporation ST: Florida IN: MTC SU: LIC

MK-JM -- PH028 -- 0867 12/06/93 14:23 EST
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Publication:PR Newswire
Date:Dec 6, 1993
Words:242
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