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Neptune Technologies receives GRAS notification in the United States
Date:1/23/2008

a required milestone for functional food partners and market entrance

LAVAL, QC, Jan. 23 /PRNewswire-FirstCall/ - Neptune Technologies & Bioressources Inc. ("Neptune") (NASDAQ.NEPT - TSX.V.NTB) received notification that Neptune Krill Oil ("NKO(R)") has been determined to be safe as a human food ingredient, a regulatory status required for the commercialization of NKO(R) incorporated into different functional foods. Neptune has completed all the necessary regulatory clearances for full commercialization in the United States.

A three-member panel of independent experts, Richard C. Kraska, Ph.D., DABT, Robert S. McQuate, Ph.D. and Stanley T. Omaye, Ph.D., with backgrounds in toxicology, chemistry and pharmacology, performed an independent safety evaluation of NKO(R). The review included an extensive package of safety, toxicology and clinical research data obtained from animal and human testing. In addition, information relating to the historic use of NKO(R) in food, compositional details, specifications and method of preparation was submitted.

Dr. McQuate, CEO of GRAS Associates, indicated that the safety dossier that has been generated by Neptune is impressive in its scientific rigor and attention to critical details. The compositional characterization of the proprietary krill oil is most impressive, and the analytical data were carefully compared with other commonly consumed fish oils that are known to be safe for human consumption. He added that additional support for NKO(R)'s GRAS determination under the anticipated conditions of use was derived from accompanying clinical and animal safety testing.

"Achieving GRAS notification within the target timeframe fulfills one more milestone in Neptune's development program as well as a major requirement of our partners in the food industry, Nestle and Yoplait. GRAS approval is another step leading to the commercialization of NKO(R) in the functional and medical food markets," said Dr. Tin
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SOURCE NEPTUNE TECHNOLOGIES & BIORESSOURCES INC.
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