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To: The Fly who wrote (22203)12/4/1998 11:23:00 AM
From: Big Blue  Respond to of 119973
 
LNDC ready to rock! This new product development is Faster, saves cost in capital equip, and has less waste.
Environmental +
Cost Savings +
Quicker than existing solutions+

(PR Wires) DJ: Landec Corporation Introduces New Formulated Product: Sa
DJ: Landec Corporation Introduces New Formulated Product: Says It Expects To
Receive Initial Orders From European Automotive Industry in Early 1999

MENLO PARK, Calif., Dec. 4 /PRNewswire/ -- Landec Corporation (Nasdaq:
LNDC), a specialty polymer company, today introduced Aeromark(TM) 80, a new
formulated product used in product prototyping and part design.
Based on the company's proprietary Intelimer(R) technology, Aeromark 80 is
being targeted initially to the transportation industry, including
automobile and aerospace manufacturers. The company said it has been
testing the product with several major European automobile manufacturers and
expects to begin shipping orders and recording initial revenues from
Aeromark 80 within the next 90 days. The product was unveiled this week at
EuroMold '98 , a major trade fair in Frankfurt, Germany for the moldmaking,
tooling and product design industries.
"This one component product can be used to create a three dimensional model
for an entire product, such as an automobile, or a specific automobile or
airplane part. It is designed for use in CAD-CAM and CNC-based model and
prototype fabrication. Aeromark 80 comes in a liquid paste form that is
pumped over a shaped frame and then cured. This product will be used to
provide a three dimensional, lightweight model that is machineable and
dimensionally stable," said Guy Stokes, vice president of commercial
development for Landec.
"With our European distributor, Aero Consultants Ltd. A.G., we began testing
this product with several leading European automobile manufacturers earlier
this year and the results have been very positive," Stokes said. "We have
established manufacturing capabilities in Europe and expect to begin
shipping initial orders there in the early part of 1999.
"Aeromark 80 is a stable one component material which requires no mixing,
and can be easily and inexpensively applied. In addition, Aeromark 80
requires lower capital equipment costs, cures quickly and creates less waste
than existing methods," Stokes continued.
"The introduction of Aeromark 80 marks Landec's entry into the prototype,
design and fabrication markets and is the first of what he hope to be a line
of High Performance Materials products based on our Intelimer polymer
technology. "This new product extends our existing line of Intelimer
Polymer Catalyst products, which are used by customers to catalyze thermoset
systems used in coatings, sealants, adhesives, pre-pregs and other fiber
reinforced composites," noted Gary T. Steele, chairman and chief executive
officer of Landec.
Landec Corporation designs, develops, manufactures and sells
temperature-activated and other specialty polymer products for a variety of
food packaging, industrial high performance materials, agricultural seed and
distribution and medical applications. The company's temperature-activated
polymer products are based on its proprietary Intelimer polymers, which
differ from other polymers in that they can be customized to abruptly change
their physical characteristics when heated or cooled through a pre-set
temperature switch.
This press release contains forward-looking statements, including statements
regarding the sales of current products and products under development. All
such statements involve risks and uncertainties including, without
limitation, the risks detailed in Landec's filings and reports with the
Securities and Exchange Commission. Such statements are only predictions
and actual events or results may differ materially from those set forth in
such statements.
/CONTACT: Joy T. Fry, Vice President, Finance & Administration and Chief
Financial Officer of Landec Corporation, 650-306-1650/
03:01 EST
*** end of story ***