Oragenics, Inc. Announces the Exercise of Warrants and a Management Change

ALACHUA, FL--(Marketwire - February 12, 2008) - Oragenics, Inc. (AMEX: ONI) announced today that seven shareholders who received warrants as part of their March 2006 investment in Oragenics have exercised stock warrants which will provide the company with an additional $0.5 million. The shareholders who exercised their warrants included two members of Oragenics' Board of Directors and a former Chief Executive Officer (CEO)/President. The company plans to use the proceeds of this warrant exercise to support its lead product development programs.
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