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PHYCOTECH DISCOVERS NEW METHOD OF PRODUCING OMEGA-3 FATTY ACIDS

 PHYCOTECH DISCOVERS NEW METHOD OF PRODUCING OMEGA-3 FATTY ACIDS
 BOULDER, Colo., March 31 /PRNewswire/ -- A Colorado biotech company, PhycoTech Inc., announced today that it has been awarded a U.S. patent that will be of significant interest for Americans concerned about their cardiovascular health.
 PhycoTech's patent makes possible a new generation of food products that will be enriched with long chain omega-3 highly unsaturated fatty acids (EPA, DHA).
 During the last 20 years scientists in the fields of medicine and nutrition have conducted research demonstrating the important health benefits of omega-3 highly unsaturated fatty acids. Among these benefits is a reduction in serum triglycerides. Recent studies conducted by the researchers at the University of Helsinki in Finland have found that individuals with high triglyceride levels, and normal total cholesterol levels are 3.8 times more likely to have a heart attack. These findings further the importance of PhycoTech's patent.
 While the FDA feels that additional studies may be necessary to demonstrate the effects of omega-3 fatty acids, PhycoTech's technology paves the way for inexpensive production of long chain omega-3 fatty highly unsaturated fatty acids for use as a feed supplement. "What we have developed and patented," says Dr. Bill Barclay, president of PhycoTech "is a process that allows for the production of egg and poultry products that are healthier for consumers." According to Barclay, "By using our feed supplement product, the poultry industry can produce eggs and chickens with an omega-3 content similar to some varieties of salmon, one of the types of fish with a high omega-3 content."
 Currently the food and feed industry's primary source of long chain omega-3 fatty acids has been fish or fish oil. Fish oil can be used in poultry feeds to increase the omega-3 content of eggs and poultry, but to reach appropriate levels for cardiovascular benefit the resulting eggs and poultry usually taste and smell like fish.
 The problems encountered with using fish oil led PhycoTech to search for a commercially viable method of producing microalgae, the source of the omega-3 found in fish. "Fish do not make the omega-3 fatty acids found in their oils," says Barclay, "rather, they obtain them through their diets, by eating fish, that have eaten plankton that have eaten omega-3 rich microalgae."
 PhycoTech, a company specializing in microbial technologies, was started in a biotech business incubator at Denver University in 1987. Participating with Dr. Barclay in this biotech start-up are health industry pioneer Mo Siegel, CEO of Celestial Seasonings, and Kent Meager, a Colorado entrepreneur.
 PhycoTech will be working with the FDA to obtain approval for use of its products in food and feeds, but is entering the international aquaculture marketplace immediately. The company is developing additional products for use in infant formulas as a source of omega-3 fatty acids. PhycoTech expects that their patented process will also be used in the production of beef products enriched with omega-3 fatty acids. PhycoTech is completing agreements with a U.S. manufacturing partner and is negotiating with Japanese and U.S. investment interests.
 -0- 3/31/92
 /CONTACT: Kent Meager, 303-442-0047, for PhycoTech/ CO: PhycoTech Inc. ST: Colorado IN: SU:


BB -- DV001 -- 3277 03/31/92 09:38 EST
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Date:Mar 31, 1992
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