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Neptune Technologies Reports Record Fiscal 2008 Fourth Quarter and Year End Results
Date:8/28/2008

ing its operations, in order to be wellpositioned for its future growth and expansion. The Company will take steps to further solidify its supply and production and is progressing with plans to increase its production capacity and improve productivity. In parallel, the Company is already in negotiations with major suppliers and multinational industrial manufacturing companies with international nutraceutical and pharmaceutical manufacturing standards in order to meet actual and forthcoming demand for its products. Neptune will seek to continue to penetrate into the nutraceutical market with the support of its existing clients and it will seek potential new distributors, and it intends to proceed with commercialization efforts to penetrate the functional food market with Nestle and Yoplait. The Company will also partner with other multinational food companies for the development of new functional food products for commercialization exploiting three therapeutic applications (cardiovascular, inflammation, cognitive) within four food categories (dairy, cereals/bars, juice/beverages, confectionary).

On the R&D side, the Company continues to advance its nutraceutical and pharmaceutical product opportunities and to prepare for commercialization upon obtaining the required regulatory approvals. New patents to protect Neptune products for several applications are currently being submitted, and Neptune soon expects to receive European Novel Food approval to commercialize NKO(R) as a dietary supplement and a functional food, opening new geographic opportunities.

With regards to pharmaceutical operations, the Company recently announced the formation of its subsidiary Acasti Pharma Inc. ("Acasti Pharma") through which it intends to further advance the pharmaceutical programs including an over-the-counter drug, a prescription medical food and a prescription drug with an initial focus on cardiovascular disease. The Company is preparing for an investigation new drug a
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SOURCE NEPTUNE TECHNOLOGIES & BIORESSOURCES INC.
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