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Biotech / Medical : Paracelsian Inc (PRLN)

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To: FreedomForAll who wrote (4335)1/28/2002 5:55:32 PM
From: John H. Farro  Read Replies (2) of 4342
 
Kubota Announces Marketing Agreements

ITHACA, N.Y., Jan. 28 /PRNewswire-FirstCall/ -- Kubota Corporation Technology Development
Headquarters (NYSE: KUB - news) announced that they are going to further develop the sales and marketing
program for Paracelsian's Ah-IMMUNOASSAY® Kit in co-operation with Nisshin Environmental Research
Center in Tokyo and Kansai Total Environmental Center in Osaka. Together they will sell kits, develop a
customer base, and provide technical services.

Kubota also announced that they are partnering with Wako Pure Chemical Industries, Ltd. to sell the detection
Kits throughout Japan.

Paracelsian's Ah-IMMUNOASSY® Kit is a highly sensitive, convenient and cost effective testing system for
the detection and quantification of highly toxic environmental chemicals generally known as dioxin and
dioxin-like compounds.

``These relationships are very important and further enhance Paracelsian's ability to position the
Ah-IMMUNOASSAY® Kit as the leading technology in the marketplace,'' said NoriYoshi Inoue, President
and CEO.

Nisshin Environmental Planning Inc., an environmental analysis service company fully owned by Japan's top
spinning company Nisshinbo Industries, Inc., said it has started offering an analysis service, the
Ah-IMMUNOASSAY® Kit, for detecting dioxin in air, soil, and water that is faster and cheaper than the
conventional method.

The Kansai Environmental Research Center is involved in dioxin research and analysis, one of today's major
issues is Japan.

Wako Pure Chemical Industries is an international corporation supplying a variety of innovative chemical
diagnostic reagents, bioproducts and specialty chemicals worldwide.

Paracelsian (OTC Bulletin Board: PRLNE - news) is a unique biotechnology company with three primary
areas of focus. Paracelsian develops technologies useful in the detection and monitoring of environmental
contaminants such as dioxin. Second, Paracelsian develops functional bioassays, which are the basis of its
BioFIT(TM) Quality Assurance program for herbs, botanicals and other dietary supplements. And finally,
Paracelsian's Internet business leverages extensive relationships in China, along with expertise in nutritional
science, to provide an exchange of unique health products and research services.

Notice: This news release may contain forward-looking statements. Investors are cautioned that such
forward-looking statements involve risks and uncertainties, including but not limited to, the results of research and development efforts, the effect
of regulation by the United States Food and Drug Administration and other agencies, the impact of competitive products, product development,
commercialization and technological difficulties, and other risks detailed in the Company's periodic reports filed with the Securities and Exchange
Commission.

No forward-looking statement is a guarantee of future results or events, and one should avoid placing undue reliance on such statements.

SOURCE: Paracelsian, Inc.
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