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FOR IMMEDIATE RELEASE

GLYCOFI, INC. NAMED A "BUSINESS LEADER" ON THE "SCIENTIFIC AMERICAN 50"
 
Lebanon, NH (November 8, 2004) – GlycoFi, Inc. has been named by Scientific American magazine as one of the "Scientific American 50" - the noted magazine's annual list recognizing outstanding acts of leadership in technology from the past year.

Announced today, the Scientific American 50 appears in the magazine's December issue, arriving on newsstands November 23. The complete list may also be accessed on the magazine's website at www.sciam.com.

Selected by the magazine's Board of Editors with the help of distinguished outside advisors, the Scientific American 50 spotlights a Research Leader of the Year, a Business Leader of the Year and a Policy Leader of the Year. In addition it cites research, business and policy leaders in many technological categories, including Agriculture, Chemicals & Materials, Communications, Computing, Energy, Environment, Manufacturing, Medical Treatments and more.

GlycoFi is named a Business Leader in Manufacturing because of its successful efforts over the last year in developing a revolutionary protein production platform that permits precise control over how therapeutic proteins are made. More information on GlycoFi's technology can be found on the company's website: www.glycofi.com.

GlycoFi Contacts:

Michael Horvath
mhorvath@glycofi.com
603.643.8186 x5106

Joan Kureczka
Kureczka/Martin Associates
jkureczka@aol.com
415.821.2413