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DelSite Chairman George DeMott Resigns
Date:12/11/2008

ccine using a non-egg-based H5N1 antigen. I believe the four platforms developed by DelSite are based on state-of-the-art science. Several collaborative evaluations underway with companies in both the drug and vaccine space have long-term commercial value.

"DelSite, as well as many biotech companies at this time, continues to struggle with financial difficulties, Mr. DeMott continued. "There is no guarantee of success, but strategies to stabilize DelSite's liquidity issues have been put in place. I believe it is time for me to step down as the active chairman; however, as a member of the board until May 2009, I will be available to advise Carlton and to continue the search for the next CEO for DelSite."

Dr. Carlton Turner said, "Mr. DeMott has been a most effective chairman. He provided the insight and the leadership needed to reorganize the Company, and it will be difficult to replace his knowledge of the pharmaceutical business and his institutional memory at DelSite. As chairman, George was astute and adroit at building board consensus. Although George really wanted to retire now, he has agreed to stay on the Board until his term expires. All at DelSite are appreciative of his leadership and look forward to his continued counsel."

The Board's Governance and Nominating Committee will continue to evaluate candidates for the President/CEO position. Focus of the search has been on biotech executives with experience in vaccine and drug delivery.

About DelSite

DelSite, Inc. is an ISO 9001-certified, research-based, biopharmaceutical and consumer products company with a core technology based on naturally-occurring complex carbohydrates. DelSite also manufactures and markets consumer products and manufactures quality products for other companies. Manufacturing operations comply with cGMP standards. DelSite is developing its proprietary GelSite(R) technology designe
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SOURCE DelSite, Inc.
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