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Cyanotech Reports No Significant Damage from Earthquake

KAILUA KONA, Hawaii (October 16, 2006) — Cyanotech Corporation (Nasdaq Capital Market: CYAN) reported today that the company’s production facility on the Kona Coast of Hawaii suffered no significant damage from yesterday’s earthquake.  As a safety precaution, all production systems were shut down on Sunday morning after the initial earthquake.  Processing is now being started up and no problems have been reported.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995
Except for statements of historical fact, the statements in this news release are forward-looking.  Such statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made.  These factors include, but are not limited to, general economic conditions, forecasts of sales in future periods, changes in sales levels to our largest customers, weather patterns, production problems caused by contamination, risks associated with the acceptance of new products, competition, foreign exchange fluctuations, government regulation, and other factors more fully detailed in the Company’s recent Form 10-Q and annual form 10-K filings with the Securities and Exchange Commission.


Contact:

Bruce Russell: [email protected]
(310) 559-4955 x101


 

 
 
 
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