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Carrington Settles Lawsuit, Sets Sights On Future
Date:2/1/2008

no needles, no preservatives, no cold storage and can be shipped anywhere free of the restrictive cold chain distribution systems required for traditional vaccines. As a nasal powder, it's patient-friendly and doesn't require administration by a medical professional. No painful injection could mean greater public acceptance and thus, public protection on a broader scale against specific diseases."

"At the corporate level, we are analyzing our business models and exploring strategies to move our business forward. We've incurred financial losses over recent years, due in part to Carrington's corporate funding of DelSite's initiatives and programs, and due in part to operational losses. We are now evaluating our business segments and growth opportunities with fresh perspectives. To that end, we just announced we have retained the services of an investment advisor to help us understand how we can capitalize on our considerable technologies and assets in a long-range business plan for the ultimate benefit of our shareholders and supporters. Improving shareholder value remains our highest priority."

About Carrington

Carrington Laboratories, Inc. is an ISO 9001-certified, research-based, biopharmaceutical and consumer products company currently utilizing naturally- occurring complex carbohydrates to manufacture and market products for mucositis, radiation dermatitis, wound and oral care, as well as to manufacture and market the nutraceutical raw material Manapol(R) and cosmetic raw material Hydrapol(TM). Carrington also manufactures and markets consumer products and manufactures quality products for other companies. Manufacturing operations comply with cGMP standards. Carrington's DelSite Biotechnologies subsidiary is developing its proprietary GelSite(R) technology designed to provide controlled release of peptide and protein-based drugs. Carrington's technology is protected by more than 130 patents in 26 countries. Select products carry the CE mark,
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SOURCE Carrington Laboratories, Inc.
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