Sipex Applies for Re-Listing on NASDAQ Global Market

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Sipex Applies for Re-Listing on NASDAQ Global Market
    MILPITAS, Calif., Dec. 7 /PRNewswire/ -- Sipex Corporation (OTC:
SIPX.PK) has announced that it has filed an application for the re-listing
of its common stock on the NASDAQ Global Market. "We have been executing on
our plan and believe the time is right to apply. Re-listing on NASDAQ would
represent a very significant event for the company. Being re-listed on this
global exchange would provide Sipex with greater visibility and access to
the capital markets. This is important to our existing shareholders," said
CEO Ralph Schmitt.
    Safe Harbor Statement
    This press release contains forward-looking statements concerning
Sipex's future events including, but not limited to statements regarding
Sipex's re-listing on the NASDAQ Global Market and the effect that this
might have on the perception of Sipex. Statements regarding the Company's
beliefs, plans, expectations or intentions regarding the future are
forward-looking statements, within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended. All such forward-looking statements are
made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
predictions and involve risks and uncertainties, such that actual results
may differ significantly. These risks include, but are not limited to, the
risk Sipex may be unable to re-list on the NASDAQ Global Market or any
other national securities exchange. The Company disclaims any intention or
obligation to publicly update or revise any forward-looking statements,
whether as a result of events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events. For further discussion of
these risks and uncertainties, we refer you to the documents Sipex files
with the SEC from time to time, including Sipex's Annual Report on Form
10-K for the year ended December 31, 2005 and Quarterly Reports on Form
10-Q for the quarter ended April 1, 2006, July 1, 2006 and September 30,
2006. All forward-looking statements are made as of today, and the Company
disclaims any duty to update such statements.
    About Sipex Corporation
    Sipex Corporation is an analog semiconductor company that addresses
standard linear and application specific standard products (ASSP) for
customer systems that are primarily targeted at the consumer, networking
and industrial markets. The products are categorized into three synergistic
areas of power management, interface and optical storage. Sipex is a global
company with operations in Asia, Europe and North America. It is the
mission of the company to create innovative analog products that enable
customers to produce differentiated products. For more information about
Sipex, visit http://www.sipex.com.
     For additional information, contact:
     Ralph Schmitt - Chief Executive Officer
     Tel: 408-934 7500
     Fax: 408-935-7678
     Email: rschmitt@sipex.com
SOURCE Sipex Corporation
http://www.sipex.com
http://www.prnewswire.com/comp/111683.html/
CONTACT:
Ralph Schmitt, Chief Executive Officer of
Sipex Corporation, +1-408-934 7500, or fax, +1-408-935-7678, or
rschmitt@sipex.com