Ken Globus, President of United-Guardian, stated, "We are optimistic that we will continue to make up some or all of the shortfall in year-to-date sales that is partially attributable to buying patterns of our customers. This was especially evident in October, when sales were very strong and shipments to our largest customer were up substantially compared with October, 2005. We are also excited about a new project with an Ohio company that has found some interesting new uses for Cloronine(TM), one of our proprietary disinfectants. We will know more after some initial field tests are completed in November and December."

United-Guardian is a manufacturer of cosmetic ingredients, personal and health care products, pharmaceuticals, and specialty industrial products.

NOTE: This press release contains both historical and "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements about the company's expectations or beliefs concerning future events, such as financial performance, business prospects, and similar matters, are being made in reliance upon the "safe harbor" provisions of that Act. Such statements are subject to a variety of factors that could cause our actual results or performance to differ materially from the anticipated results or performance expressed or implied by such forward-looking statements. For further information about the risks and uncertainties that may affect the company's business please refer to the company's reports and filings with the Securities and Exchange Commission.