BUENA, NJ January 24, 2008 - IGI, INC. (AMEX: IG) today announced filing of a US Patent Application for a new class of NovasomeŽ wall forming materials. The application has been accepted by the United States Patent and Trademark Office and assigned 12/017,932 as the patent application number.
"This patent application on preparing membrane vesicles from naturally derived materials further strengthens our intellectual portfolio and puts us in a more favorable position to license as well as to defend our technologies", said Rajiv Mathur, President and CEO of IGI, Inc.
This report contains forward-looking statements relating to IGI's hopes and expectations for the future. For this purpose, any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, words such as "will," "possible," "one time," "provides an opportunity," "continue" and similar expressions are intended to identify forward-looking statements. Such statements involve a number of risks and uncertainties and actual future events and results could differ materially from those indicated by such forward-looking statements due to general economic conditions, and the risk factors detailed in IGI's periodic reports and registration statements filed with the Securities and Exchange Commission.
Contact:
Rajiv Mathur President & Chief Executive Officer IGI, Inc. 856-697-1441 ext. 211 www.askigi.com