Unigene Laboratories, Inc.- Elects Peter Slusser And Bruce Morra, Senior Financial And Pharmaceutical Executives, To Board Of Directors

Mr. Slusser has extensive experience in the corporate finance and investment banking fields. He is currently the President of Slusser Associates, a private investment banking company. He previously served as a managing director in the Merger and Acquisition Group at PaineWebber, as Senior Vice President and Manager of Corporate Finance at Shields Model Roland and as Manager of Special Situations at Dean Witter. He is currently a director of Ampex Corporation, Sparton Corporation and the Magellan Group. He has also served as a Member of the Financial Advisory Board of Columbia University Graduate School of Business Administration, a Member of the California Senate Special Committee on Local Government Investments and as a Member of the California Senate Commission on Corporate Governance, Securities Transactions and Shareholders' Rights. He received degrees from Stanford and the Harvard Graduate School of Business Administration, and will serve on Unigene's Audit Committee.
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