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IGI UNIT AND UNGERER TO DEVELOP ENCAPSULATED FLAVORS

 IGI UNIT AND UNGERER TO DEVELOP ENCAPSULATED FLAVORS
 BUENA, N.J., July 15 /PRNewswire/ -- Ungerer & Company of Lincoln Park, N.J., and a unit of IGI, Inc. (AMEX: IG) agreed to establish a separate, jointly owned corporation to develop flavors for foods, including low-fat and non-fat foods, utilizing IGI's patented Novasome(TM) technology and Ungerer's expertise in flavors and their incorporation in food products.
 The new company's principal business will be to evaluate and develop the Novasome lipid vesicle technology for use in conjunction with flavors and to market these flavors through Ungerer.
 Philip J. Capasso, Ungerer's vice president, flavors, said, "IGI and Ungerer believe encapsulation of flavors in Novasome lipid vesicles will result in increased flavor stability and more efficacious and cost effective food products."
 In addition, IGI announced that it has commenced production of Novasome entrapped cosmetic products for major cosmetic companies which are expected to introduce the products in the retail marketplace later this year.
 Privately-held Ungerer is a major international supplier of flavors, fragrances, essential oils and flavoring ingredients to the food, beverage, cosmetic and perfume industries.
 IGI has developed programs in pharmaceuticals, vaccines, cosmetics, consumer and industrial products based on a Novasome(TM) lipid vesicle encapsulation technology developed by its majority owned subsidiary, Micro Vesicular Systems, Inc.
 Novasome is a trademark of a subsidiary of IGI, Inc.
 -0- 7/15/92
 /CONTACT: Michael Dodge of IGI, 609-697-1441, or Thomas Redington of Redington, Inc., 203-222-7399, or 212-926-1733, for IGI/
 (IG) CO: IGI Inc.; Ungerer & Company ST: New Jersey IN: FOD SU:


SM-PS -- NY012 -- 9430 07/15/92 09:54 EDT
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Publication:PR Newswire
Date:Jul 15, 1992
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