updated 9/29/2010 9:16:39 AM ET 2010-09-29T13:16:39

MEDFIELD, Mass., Sept. 29, 2010 (GLOBE NEWSWIRE) -- Symbollon Pharmaceuticals, Inc. (OTCBB:SYMBA) (www.symbollon.com) is pleased to announce that we have entered into an exclusive vendor agreement with Hi-Health stores to sell Iogen™ in the Arizona retail markets. Hi-Health stores sell the highest quality health foods, nutritional supplements and provides extensive education to their customers throughout their 47 retail stores chain in Arizona. Hi-Health's research and merchandising staff constantly strive to ensure that the health and nutrition information they provide is based on respected scientific studies. Iogen™ is the first dietary supplement formulated to promote breast health for women. Iogen™ has been clinically tested in over 2,000 women with fibrocystic breast disease, including breast pain and tenderness and benign breast lumps and cysts.

Paul C. Desjourdy, President and Chief Executive Officer of Symbollon, stated, "We are excited about our exclusive agreement with the Hi-Health stores. They have made a significant commitment to Iogen™ and marketing our product for the benefit of all women in Arizona. We are committed to making Iogen™ available in all 47 Hi-Health stores so every woman who has interest in improving her breast health has easy access to Iogen™."

Jay Chopra, V.P. Merchandising for the Hi-Health stores, said, "Iogen™ is the first of its kind, specially formulated to promote breast health for women. Iogen™ is a proven clinically safe product with impressive efficacy. Hi-Health is excited to be the first to carry the product in the Arizona retail supplement market."

Through the company efforts, Iogen™ is already available in the following Hi-Health locations: http://hihealth.com/about/locations.html

About Hi-Health Stores: Since 1972, with 47 retail stores Hi-Health has been helping people improve their health through better nutrition. We offer our customers the highest quality health foods and nutritional supplements. Our well trained and experienced staff is dedicated to providing customers the best product information and customer service available from a health food store. Hi-Health has been under the same ownership, direction and leadership for over thirty-eight years. Our persistent commitment to quality and customer service has made us a recognized leader in the health food industry. The country's most respected shopping center developers have actively sought to include our stylish and innovative stores in their properties. For more information on Hi-Health and their products visit their website at www.hihealth.com.

About Symbollon Pharmaceuticals, Inc. (OTCBB:SYMBA)

Symbollon is a specialty life science company focused on the development and commercialization of proprietary products based on its molecular iodine technology for women's healthcare and antimicrobials uses. Iogen is a dietary supplement formulated for women suffering from the symptoms of fibrocystic breast disease, including breast pain and tenderness and benign breast lumps and cysts. For more information about Symbollon, please visit the company's website at http://www.symbollon.com . For more information about Iogen, please visit http://www.buyiogen.com .

The Symbollon Pharmaceuticals, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7640

Forward Looking Statement: This news release contains statements by the Company that involve risks and uncertainties and may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from those currently anticipated as a result of a number of factors, including, but not limited to, the risks and uncertainties associated with whether (i) Symbollon will be able to obtain the resources necessary to continue operations as a going concern, (ii) Symbollon will be able to commercialize other products and (iii) such other factors as may be disclosed from time-to-time in the Company's reports as filed with the Securities and Exchange Commission.

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