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Martek Announces Fourth Quarter and FY 2010 Financial Results
Date:12/8/2010

ement extensions.  We also project net income growth over fiscal 2010, primarily driven by expected gross margin expansion of at least 400 basis points. This projected gross margin improvement results from the execution of the Company's strategy to significantly offset infant formula price reductions with lower ARA costs, product cost efficiencies (including those obtained from the Winchester plant restructuring and sale), and the discontinuation of the company's low margin contract manufacturing business.

Investor Conference Call and WebcastMartek will host a conference call for investors today at 4:45 p.m. Eastern Time to discuss its fourth quarter and fiscal year 2010 results.  All interested parties may listen to the call live via webcast by visiting Martek's web site at http://investors.martek.com.  To participate in the conference call, please dial in at least five minutes prior to start time:Domestic:

800-768-3591International:  

212-231-2900Passcode:  

214 899 12An archived webcast of the conference call will be available on the Martek's website for thirty days.  In addition, a recorded playback of the call will be available for one week and can be accessed by calling 800-633-8284 or 402-977-9140 and entering passcode 214 899 12.

Cautionary Note Regarding Forward-Looking StatementsSections of this release contain forward-looking statements concerning, among other things Martek's expectations regarding: (1) future revenue growth in and customer demand from the infant formula, pregnancy and nursing, nutritional supplements, animal feeds and food and beverage markets as well as markets for Amerifit products; (2) revenue, gross margin, operating expenses and income for the first quarter of and full year fiscal 2011 for both Martek and Amerifit; (3) launches by customers of products containing Martek's life'sDHA™; and (4) future capabilit
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SOURCE Martek Biosciences Corporation
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