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Sipex applies for re-listing on NASDAQ Global Market

Milpitas, California , - Sipex Corporation has announced that it has filed an application for the re-listing of its common stock on the NASDAQ Global Market. "We have been executing on our plan and believe the time is right to apply. Re-listing on NASDAQ would represent a very significant event for the company. Being re-listed on this global exchange would provide Sipex with greater visibility and access to the capital markets. This is important to our existing shareholders", said CEO Ralph Schmitt.

Safe Harbor Statement

This press release contains forward-looking statements concerning Sipex's future events including, but not limited to statements regarding Sipex's re-listing on the NASDAQ Global Market and the effect that this might have on the perception of Sipex. Statements regarding the Company's beliefs, plans, expectations or intentions regarding the future are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All such forward looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are predictions and involve risks and uncertainties, such that actual results may differ significantly. These risks include, but are not limited to, the risk Sipex may be unable to re-list on the NASDAQ Global Market or any other national securities exchange. The Company disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For further discussion of these risks and uncertainties, we refer you to the documents Sipex files with the SEC from time to time, including Sipex's Annual Report on Form 10-K for the year ended December 31, 2005 and Quarterly Reports on Form 10-Q for the quarter ended April 1, 2006, July 1, 2006 and September 30, 2006. All forward-looking statements are made as of today, and the Company disclaims any duty to update such statements.

Sábado, 09 Diciembre, 2006 - 10:57
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