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Viragen to Begin OTC Trading; New Symbols Assigned

   Viragen logo. (PRNewsFoto/VIRAGEN)

PLANTATION, FL UNITED STATES
    PLANTATION, Fla., July 11 /PRNewswire-FirstCall/ -- Viragen, Inc.
(Amex: "VRA"; "VRA.U"; "VRA.WS") today announced that the Company's
securities will begin trading on the Over-the-Counter market tomorrow, July
12, 2007.
    The new trading symbols for the common stock, units and warrants will
be as follows:
    -- "VRAI" for Viragen's common shares;

    -- "VRAIU" for Viragen's units; and

    -- "VRAIW" for Viragen's warrants.
    About Viragen, Inc.:
    With international operations in the U.S., Scotland and Sweden, we are
a bio-pharmaceutical company engaged in the research, development,
manufacture and commercialization of therapeutic proteins for the treatment
of cancers and viral diseases. Our product portfolio includes:
Multiferon(R) (multi- subtype, human alpha interferon) which is uniquely
positioned in valuable niche indications, such as high-risk malignant
melanoma, and other select cancers and infectious diseases; VG102, a novel
monoclonal antibody that binds selectively to an antigen that is
significantly over-expressed on nearly all malignant tumors; and VG106, a
novel cytokine targeting difficult-to-treat cancers.
          For more information, please visit: http://www.Viragen.com

    Viragen, Inc. Corporate Contact:
    Douglas Calder, Director of Communications
    Phone: (954) 233-8746; Fax: (954) 233-1414
    E-mail: dcalder@viragen.com
    The foregoing press announcement contains forward-looking statements
that can be identified by such terminology such as "believes," "expects,"
"potential," "plans," "suggests," "may," "should," "could," "intends," or
similar expressions. Such forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause the actual
results to be materially different from any future results, performance or
achievements expressed or implied by such statements. In particular,
management's expectations regarding future research, development and/or
commercial results could be affected by, among other things, uncertainties
relating to clinical trials and product development; availability of future
financing; unexpected regulatory delays or government regulation generally;
the success of third- party marketing efforts; our ability to retain
third-party distributors; our ability to obtain or maintain patent and
other proprietary intellectual property protection; and competition in
general. Forward-looking statements speak only as to the date they are
made. The Company does not undertake to update forward-looking statements
to reflect circumstances or events that occur after the date the
forward-looking statements are made.


SOURCE Viragen, Inc.




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Related links:
  • http://www.viragen.com
    Photo Notes:http://www.newscom.com/cgi-bin/prnh/20010426/HSTH018LOGO-b
    AP Archive: http://photoarchive.ap.org
    PRN Photo Desk, photodesk@prnewswire.com
    CONTACT:
    Douglas Calder, Director of Communications,
    Viragen, Inc., +1-954-233-8746, or +1-954-233-1414 fax, or
    dcalder@viragen.com