Apogee Technology, Inc. Completes Medical Laboratory To Develop Advanced Drug Delivery Systems

NORWOOD, MA -- (MARKET WIRE) -- January 03, 2007 -- Apogee Technology, Inc. (AMEX: ATA), an emerging micro-systems and nanotechnology company that designs, develops and commercializes medical devices and sensor products, announced today that it has completed the installation of a dedicated laboratory facility at its headquarters to support the research and development efforts associated with its Medical Products Group. This new capability and planned expansion in staff will be used to further develop Apogee's PyraDerm™ drug delivery system and enhance its pursuit of polymer drug formulations that can be applied to its transdermal delivery systems.
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