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Biotech / Medical : PRCY - ANY BODY HAS ANY NEWS ON THESE
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To: Douglas who wrote (423)12/15/1998 10:31:00 AM
From: Douglas   of 670
 
ProCyte Corporation Gains Nasdaq Hearing

REDMOND, Wash., Dec. 15 /PRNewswire/ -- ProCyte Corporation (Nasdaq: PRCY - news) today said Nasdaq has
agreed to a hearing with ProCyte on the issue of ProCyte's continued listing on the NASDAQ National Market based on its
bid price being below $1 per share.

As a result, the NASDAQ staff will take no action regarding ProCyte's listing until after the hearing date in late January 1999
and the company's common stock will continue to trade on the NASDAQ National Market without restriction.

''Our overall business and cash position remains solid'', said Jack Clifford, President & CEO, ''we are also pleased with the
consumer response to our recently released Tricomin® advanced care for thinning hair products''.

ProCyte Corporation is a healthcare company that develops, manufactures and markets products for tissue repair, skin health
and hair care. The Company's products incorporate its patented copper peptide technology and are marketed both directly and
through distribution partners.

This report may contain forward-looking statements. The Company's results may vary significantly from quarter to quarter and
will depend among other factors on product launches and market acceptance, manufacturing contracts, and distribution
agreements.
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