Ken Globus, President of United-Guardian, stated "I believe that it is important to point out that earnings for the first nine months of 2007 were only $0.01 per share less than our earnings for all of last year. This is the result not only of strong sales of our personal care products, but also our ability to reduce our cost of goods sold this year, which also enabled us to increase our earnings for the 3-month period even though sales were down slightly. Based on our year-to-date sales and earnings we expect this to be our strongest year ever."

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.