updated 10/13/2010 5:15:17 AM ET 2010-10-13T09:15:17

MEDFIELD, Mass., Oct. 12, 2010 (GLOBE NEWSWIRE) -- Symbollon Pharmaceuticals, Inc. (OTCBB:SYMBA) (www.symbollon.com) in honor of National Breast Cancer Awareness Month, beginning October 1, 2010 Phoenix area radio station, KEZ, and one of its sponsors, the Scottsdale Medical Imaging, have created "Shopping 4 the Cause". Throughout the month of October, KEZ listeners are invited to shop at our partnering businesses where a portion of their shopping will go directly to breast cancer research at the Mayo Clinic. Other participating partner companies in the Shop 4 the Cause program are: Safeway, Hi-Health, Liberty Buick, Liberty GMC and Peoria Kia.

Paul Desjourdy, President and CEO of Symbollon Pharmaceuticals, Inc. stated that, "We are thrilled to be participating in the Shop 4 the Cause program. We have entered into an exclusive vendor agreement with the Hi-Health stores to sell Iogen™ in the Arizona retail markets. During the month of October, Symbollon will donate a part of its proceeds to breast cancer research as part of the Shop 4 the Cause Program." He went on to say that "Hi-Health Stores sell the highest quality health foods, nutritional supplements and provide extensive education to their customers throughout their 47 retail stores chain in Arizona.  Hi-Health's 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."

Clear Channel/Phoenix President and Market Manager Jeff England said, "It is most gratifying when we are able to bring listeners, clients, and KEZ together for a great cause."

Sean Johnson, General Sales Manager for KEZ had this to say, "We know our listeners love to shop, and we want to give them a way to take part in this important cause, while doing the things they love to do anyways in their daily lives. Shopping…and helping to fight breast cancer…what could be more KEZ?" Log on to KEZ999.com, keyword; Shopping, for details on what each partner is contributing to Shopping 4 the Cause.

Jay Chopra V.P. Merchandising for Hi-Health Stores said, "Iogen™ is the first of its kind, formulated to promote breast health for women and proven clinically safe product with impressive efficacy. Hi-Health is excited to be the first to carry the product to 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 the products visit their website at www.hihealth.com.

About Clear Channel Communications, Inc. (OTCBB:CCMO), Clear Channel Radio Phoenix

Clear Channel Radio Phoenix comprises KNIX-FM 102.5, KESZ-FM 99.9, KYOT-FM 95.5, KMXP-FM 96.9, KZZP-FM,104.7, KFYI-AM 550, KGME-AM 910 and KOY-AM 1230. Clear Channel Radio Phoenix is part of Clear Channel Radio, a leading radio company focused on serving local communities across the U.S. with more than 110 million listeners choosing Clear Channel Radio programming each week. The company's content can be heard on AM/FM stations, HD digital radio channels, on the Internet, via iPods and cell phones and used via navigation systems from BMW, Volvo, TomTom, Garmin and others. The company's operations include radio broadcasting, syndication and independent media representation. Clear Channel Radio is a division of Clear Channel Communications, Inc. (OTCBB:CCMO), a leading global media and entertainment company. More information on the company can be found at www.clearchannel.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 and IOGEN, please visit the company's website at http://www.symbollon.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) we will be able to successfully commercialize Iogen, (ii) Symbollon will be able to obtain the resources necessary to continue operations as a going concern, (iii) the Company will be able to enter into new arrangements with corporate partners, (iv) Symbollon will be able to commercialize other products and (vi) 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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