Biotec Foods Voluntarily Dismisses Vitarich Laboratories, Inc., and Its Founder from Federal Trademark Infringement Lawsuit Citing No Meritorious Claims

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In December 2004, Agrigenic Food Company, named Vitarich Laboratories, Inc., and its principal officer, Kevin J. Thomas, in a lawsuit which alleged that Vitarich and Thomas had conspired with a third-party, William James Fahey, to wilfully violate its U.S. Trademarks. On March 16th, 2006, Agrigenic finished its discovery and determined that there were no grounds for continuing to assert the existence of any meritorious claims against Vitarich or Thomas. Today's announcement specifically recants Agrigenic's prior allegations.

Agrigenic Food Company, a Huntington Beach based manufacturer, packager and distributor of the renowned Biotec Food, Biomed Food and Biovet International brands of dietary supplements and pet supplements, has voluntarily dismissed Florida based Vitarich Laboratories, Inc., and its principal officer, Kevin J. Thomas, as well as his related-party business entities from its Federal lawsuit, citing a lack of evidence sufficient to support any meritorious claims against Vitarich or Thomas.

In its January 2005 press release, Agrigenic announced that Vitarich Laboratories, a Florida based manufacturer, packager and distributor of nutraceutical products, and its founder Kevin J. Thomas, along with his related-party business entities, allegedly conspired with William Fahey, Biotec Foods of Florida, Inc., and Biovet International, Inc., to wilfully violate Agrigenic's registered and common law trademarks in spite of an existing US District Court order and injunction which prohibited the activity. Today's announcement and press release specifically recants those prior allegations.

On March 16th, 2006, Agrigenic completed its discovery and determined that there is a lack of evidence sufficient to support any meritorious claims against Vitarich, Thomas or his related-party entities.

Vitarich Laboratories Inc., is a wholly owned subsidiary of Argan Inc, (OTCBB; BSE: AGAX.PK; AGX) a publicly traded holding company.

None of the remaining defendants in the Federal lawsuit are related to Argan Inc., Vitarich Laboratories, Inc., or Kevin J. Thomas, in any way.

Agrigenic Food Company is based in Huntington Beach, California.

The complete docket files for these related civil actions (Case No. CV 99-02283-CAS-MANx and Case No. CV 04-10585-CAS-MANx) are available on-line through the United States District Court for the Central District of California's public access to court electronic records (PACER) system. For more information about PACER, contact the PACER Service Center at http://www.pacer.uscourts.gov.

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