SCOTTSDALE, AZ--(Marketwire - October 16, 2008) - BioPharmetics, Inc. (PINKSHEETS: BPMT) is pleased to announce that the Company is seeking acquisition candidates in the food science industry. The company is currently in discussions with several food-related companies and has begun its initial due diligence on each. Management's focus is to identify and enter into an agreement with the best possible acquisition candidate to complement the Company's focus.