Protein Polymer Technologies Granted 15th U.S. Patent Covering Core Technology, Clinical Product Applications

    SAN DIEGO, Feb. 24  -- Protein Polymer Technologies, Inc. (OTC Bulletin Board: PPTI) announced today that the U.S. Patent and Trademark Office (USPTO) has granted PPTI another patent with broad composition of matter claims based on its core protein engineering technology. Including U.S. Patent Number 6,018,030 issued on January 25, 2000, PPTI currently has fifteen issued U.S. patents, and nine patent applications pending, two of which have been allowed. Corresponding patent applications have been filed in major international markets, with fourteen issued foreign patents and thirty- one foreign patents pending.

    The newly issued claims extend the scope of the patent issued in 1998 that covered recombinant proteins consisting of relatively short sequences of amino acids found to be repeated in natural proteins. The newly issued patent covers the corresponding DNA sequences and cells comprising those sequences. These ``repeat unit'' sequences are used by PPTI scientists as building blocks for creating ``protein polymers'' that have unique materials properties due to the repetition of these sequences throughout the polymer molecules. Silk and collagen are but two of the many natural proteins whose valuable properties result from such repeat units.

    The value of the proprietary technology platform established by PPTI is based on the capability to create new proteins, ones not found in nature, which have new and improved properties that can be manufactured reproducibly and economically in a useful form, particularly for use in medical products. The protein polymers PPTI creates may isolate and amplify properties found in natural proteins, introduce completely new properties, or combine properties found in two or more natural proteins.

    The protein polymers are made by using recombinant DNA technology to create synthetic genes which direct host cells, typically bacteria, to produce the protein designed by PPTI's scientists. By using a genetic template to direct the production process, high molecular weight polymers are created with an exquisite degree of control over their composition and properties. Such control is required in the natural production of proteins which sustain life, but has been unobtainable using traditional synthetic polymer chemistry.

    Stress urinary incontinence (SUI) is the most common type of incontinence and is caused by failure of the urethral sphincter to prevent urine flow, particularly associated with physical activity.  Treatments range from non-invasive behavioral training to abdominal surgery.

    "This latest patent continues to fortify our pioneering position in the field of biomaterials," said J. Thomas Parmeter, President and Chief Executive Officer of Protein Polymer Technologies, Inc. "Our strategic, layered approach to intellectual property protection has resulted in a patent portfolio that now broadly covers both protein and DNA compositions, the recombinant DNA methods used to create the genes which express the proteins, methods for purifying the protein compositions, and products and methods of use which are based on the protein compositions. Of particular importance, this latest patent covers multiple aspects of the polymer component of our urethral bulking agent for female stress urinary incontinence, which began initial human clinical trials at the end of 1999."

    Protein Polymer Technologies, Inc., is a San Diego-based company focused on developing products to improve medical and surgical outcomes. From its inception in 1988, PPTI has been a pioneer in protein design and synthesis, developing an extensive portfolio of proprietary biomaterials. These genetically engineered biomaterials are high molecular weight proteins, processed into products with physical and biological characteristics tailored to specific clinical performance requirements. Targeted products include urethral bulking agents for the treatment of stress urinary incontinence, dermal augmentation products for cosmetic and reconstructive surgery, surgical adhesives and sealants, scaffolds for wound healing and tissue engineering, and depots for local drug delivery.

   This press release may contain forward-looking statements that are based on management's expectations. Actual results could differ materially from those expressed here; further, the Company is not obligated to comment specifically on those differences. Risks associated with the Company's activities include raising adequate capital to continue operations, scientific and product development uncertainties, competitive products and approaches, continuing collaborative partnership interest and funding, regulatory testing and approvals, and manufacturing scale-up. The reader is encouraged to refer to the Company's Annual Report Form 10-KSB, and recent filings with the Securities and Exchange Commission, copies of which are available from the Company, to further ascertain the risks associated with the above statements.

For more information on these and other issued patents, visit PPTI's online Patents page.