Industrial Biotechnology Corporation Engages Dr. Yuan-Chi Su For Process Development Scale-Up And Optimization

SARASOTA, FL -- (MARKET WIRE) -- October 27, 2006 -- Industrial Biotechnology Corporation (PINKSHEETS: IBTY) (IBC), a company dedicated to new biotechnologies and innovations in the chemical industry, is honored to announce that Dr. Yuan-Chi Su (Professor Su) has accepted a position with IBC.

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