Two Prestigious Aloe Industry Awards Presented at Annual IASC Scientific Seminar

Broomfield, CO - October 28, 2003 - Aloecorp, the world’s leading vertically integrated supplier of Aloe vera raw materials, announced that the prestigious International Aloe Science Council (IASC) Hall of Fame Award was posthumously awarded to Yun Ho Lee, who served as Chairman of the Board of the Namyang Aloe family of companies in Seoul, Korea before his passing November 12, 1996. The award, only one of nine presented to outstanding individuals in the world of aloe by the IASC during its twenty-two year history, was bestowed upon Lee’s wife, Korean Senator Helen Chung, in recognition of the significant contributions and advancements made in the worldwide aloe and health industries as a result of Lee’s pioneering vision and commitment to quality.

The award was presented to Chung at a banquet dinner held October 18th during the 22nd Annual IASC Scientific Seminar in Las Vegas, Nevada, with special guests including IASC Board member companies. Also present was B. William Lee, son of the late Chairman Lee and current Chairman of the Board of the Namyang family of companies, who is also founder and Chairman of Aloecorp.

Award presenter and IASC Managing Director, Gene Hale, said, “It was the late Chairman Lee’s passion and vision that accounted for scientific developments in Aloe vera as one of the most popular natural ingredients with seemingly infinite health benefits. Thanks to Chairman Lee’s foresight and countless efforts, tremendous strides continue to be made in the aloe industry-fulfilling his own dream and the dream of many, and positively affecting the health of the world.”

Another award was presented during the IASC Scientific Seminar to Dr. Yawei Ni for his research, “Isolation and Characterization of Structural Components of Aloe vera L. Leaf Pulp.” The 7th annual Yun Ho Lee Award of Scientific Merit, established in 1997 by B. William Lee in honor of Chairman Lee, was presented to Ni, along with a prize of $10,000, for his innovative research in better defining the components and characteristics of Aloe vera’s inner gel, which may aid Aloe vera suppliers in developing more refined and controlled methods for its processing. Through a number of processes such as homogenization, low-speed centrifugation, light and electron microscopy, and alcohol precipitation, Ni was able to better define the composition of the pulp (inner gel), helping raw material suppliers retain specific bioactive components in their Aloe vera raw materials. Dr. Ni is an Adjunct Faculty Member of Texas A&M University and research scientist for Carrington Laboratories, Inc. and DelSite Biotechnologies, both of which are located in Irving, TX.

Aloecorp’s Mick Anderson, newly elected IASC President, said, “On behalf of Aloecorp and the IASC I extend to Senator Chung a heartfelt thanks and appreciation for the visionary and altruistic work carried out by the Lee family, without which the aloe industry would not have progressed to where it is today. I also want to acknowledge Dr. Ni for conducting the sort of research that provides the industry with innovative tools for producing high-quality, efficacious aloe.”

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About Aloecorp

Aloecorp is a multinational company that provides only the best biologically active Aloe vera raw material worldwide. That goal is largely achieved through internal cooperation and harmony, coupled with the determination to maintain innovative leadership in the industry. Aloecorp’s corporate philosophy is to “bring the best of nature to mankind.” This desire to merge the inherent quality of aloe’s natural benefits with the scientific technology of Aloe vera is the driving force behind all aspects of Aloecorp’s business.

Since its inception in 1988, Aloecorp has been the world’s leading vertically integrated supplier of raw Aloe vera materials. All of Aloecorp’s raw Aloe vera materials have been scientifically tested for biological activity and quality and have been certified pure by the International Aloe Science Council. Aloecorp provides raw Aloe vera materials to finished goods manufacturers in the nutritional and dietary supplement, functional food, cosmeceutical, personal care and pharmaceutical industries.

Aloecorp, ACTIVE ALOE®, and all associated logos are registered trademarks of Aloecorp in the United States and other countries. Unigen Pharmaceuticals, Inc. has granted Aloecorp an exclusive licensing agreement to use its patented processes to manufacture ACTIVE ALOE®.

Susan Westfall Mick Anderson
Westfall Communications Aloecorp
303-284-4087 303-635-2200 x122
[email protected] [email protected]

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