Human Pheromone Sciences, Inc. - Sharehol...( SAN JOSE Calif. Oct. 27 /- HPSI (...)

SAN JOSE, Calif., Oct. 27 /PRNewswire-FirstCall/ -- HPSI (OTC Bulletin Board: EROX) releases letter to its shareholders

Dear Shareholders,

In light of events that have shaken the investment community around the

world over the past several weeks, I want to take this opportunity to

update you as to what is happening in your Company at the present time.

Excluding technology advancements, an update of which will be provided

very shortly in another release, the objectives and strategies for the

Company for this year and 2009 are as follows:

-- The Company is continuing to work closely with our current licensees as

they undertake programs to introduce consumer products containing our

patented compounds.

During this year we have continued to be closely involved with the J&J

Personal Products Group as they continue product development efforts

under our License Agreement. This project is ongoing and viable.

In mid 2007, we entered into an agreement with Schwarzkopf and Henkel,

for the inclusion of our patented technology in several of their got2b

brand products sold in the United States. During this year, the

Agreement has been expanded geographically to include Henkel's European

businesses and an additional product line has been included in the

Agreement.

We continue, this year, to work with other U.S. and international

companies including Avon Products, who continue to utilize our

pheromone compounds. In addition, we continue to look

internationally, and continue to enter into agreements with companies

doing business in Mexico and Japan.

In addition, we are in discussions with several other companies in the

United States and overseas, in efforts to open new markets for our

current technology with local companies, with their own infras
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