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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Harvey Allen who wrote (2314)4/10/1997 12:25:00 PM
From: Richard Mazzarella   of 4342
 
Arthur A. Koch Jr. Resigns from Paracelsian, Inc.

ITHACA, N.Y., April 10 /PRNewswire/ -- Paracelsian Inc announced today that Arthur A, Koch Jr., Vice
President and Chief Financial Officer, has resigned to pursue other interests.

Paracelsian is carrying forward with its previously developed launch plans for its first dietary supplement
product. In February, the Company signed a sales, marketing and manufacturing agreement with East West
Herbs Ltd., a leading herbal supplement company.

Paracelsian is a biotechnology company engaged in the discovery of useful products from herbal sources. Its
discoveries are accomplished by applying the Company's proprietary screening technology, based in signal
transduction, to its library of extracts used in Traditional Chinese Medicine. SOURCE Paracelsian Inc.
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