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</div> <p class=MsoNormal align=center style='text-align:center'><span style='display:none;mso-hide:all'><o:p>&nbsp;</o:p></span></p> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow:yes'> <td width="100%" valign=top style='width:100.0%;padding:0in 21.75pt 0in 21.75pt'> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes;height:.75pt'> <td style='padding:11.25pt 0in 11.25pt 0in;height:.75pt'> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes;height:.75pt'> <td style='background:#828385;padding:0in 0in .75pt 0in;height: .75pt'> <p class=MsoNormal align=center style='text-align:center; mso-line-height-alt:.75pt'><img border=0 width=5 height=1 id="_x0000_i1029" src="http://img.constantcontact.com/letters/images/sys/S.gif" style='display:block'></p> </td> </tr> </table> </td> </tr> </table> </div> <p class=MsoNormal align=center style='text-align:center'><span style='display:none;mso-hide:all'><o:p>&nbsp;</o:p></span></p> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in' id="content_LETTER.BLOCK5"> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td valign=top style='padding:0in 0in 0in 0in'> <div> <p class=MsoNormal><span style='font-size:8.0pt;font-family:"Arial",sans-serif; color:#555759'><img border=0 width=562 id="_x0000_i1030" src="http://files.constantcontact.com/6af9cff2101/1d0e8c00-e0a5-42ba-891c-32e4062760be.jpg" style='display:block' name=ACCOUNT.IMAGE.85><o:p></o:p></span></p> </div> </td> </tr> </table> </div> <p class=MsoNormal align=center style='text-align:center'><span style='display:none;mso-hide:all'><o:p>&nbsp;</o:p></span></p> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes;height:.75pt'> <td style='padding:11.25pt 0in 11.25pt 0in;height:.75pt'> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes;height:.75pt'> <td style='background:#828385;padding:0in 0in .75pt 0in;height: .75pt'> <p class=MsoNormal align=center style='text-align:center; mso-line-height-alt:.75pt'><img border=0 width=5 height=1 id="_x0000_i1031" src="http://img.constantcontact.com/letters/images/sys/S.gif" style='display:block'></p> </td> </tr> </table> </td> </tr> </table> </div> </td> </tr> </table> </div> <p class=MsoNormal align=center style='text-align:center'><span style='display:none;mso-hide:all'><o:p>&nbsp;</o:p></span></p> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow:yes'> <td width="100%" valign=top style='width:100.0%;padding:0in 0in 0in 0in'> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td width="100%" valign=top style='width:100.0%;padding:0in 6.75pt 0in 21.75pt'> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes'> <td valign=top style='padding:0in 0in 6.0pt 0in'> <div> <p class=MsoNormal><b><span style='font-size:11.0pt;font-family: "Arial",sans-serif;color:#004E7D'>IN THIS ISSUE<o:p></o:p></span></b></p> </div> </td> </tr> <tr style='mso-yfti-irow:1;mso-yfti-lastrow:yes'> <td valign=top style='padding:0in 0in 6.0pt 0in'> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;background: #457DA1;mso-yfti-tbllook:1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td valign=top style='padding:7.5pt 12.75pt 7.5pt 12.75pt'> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes'> <td valign=top style='padding:0in 0in 0in 0in'> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing: 0in;mso-yfti-tbllook:1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td valign=top style='padding:4.5pt 3.75pt 0in 0in'> <div> <p class=MsoNormal style='mso-line-height-alt:.75pt'><b><span style='font-size:8.0pt;font-family:"Arial",sans-serif; color:white'><img border=0 width=4 height=3 id="_x0000_i1032" src="http://img.constantcontact.com/letters/images/1101116784221/teenoland_2015T_TOCBullet.png" style='display:block'><o:p></o:p></span></b></p> </div> </td> </tr> </table> </td> <td width="100%" valign=top style='width:100.0%;padding:0in 0in 0in 0in'> <div> <p class=MsoNormal><b><span style='font-size:8.0pt;font-family: "Arial",sans-serif;color:white'><a href="#LETTER.BLOCK11" shape=rect><span style='color:white;text-decoration:none; text-underline:none'>Plant Within A Plant </span></a><o:p></o:p></span></b></p> </div> </td> </tr> <tr style='mso-yfti-irow:1'> <td valign=top style='padding:0in 0in 0in 0in'> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing: 0in;mso-yfti-tbllook:1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td valign=top style='padding:4.5pt 3.75pt 0in 0in'> <div> <p class=MsoNormal style='mso-line-height-alt:.75pt'><b><span style='font-size:8.0pt;font-family:"Arial",sans-serif; color:white'><img border=0 width=4 height=3 id="_x0000_i1033" src="http://img.constantcontact.com/letters/images/1101116784221/teenoland_2015T_TOCBullet.png" style='display:block'><o:p></o:p></span></b></p> </div> </td> </tr> </table> </td> <td width="100%" valign=top style='width:100.0%;padding:0in 0in 0in 0in'> <div> <p class=MsoNormal><b><span style='font-size:8.0pt;font-family: "Arial",sans-serif;color:white'><a href="#LETTER.BLOCK31" shape=rect><span style='color:white;text-decoration:none; text-underline:none'>Made in America - Now and in the Future</span></a><o:p></o:p></span></b></p> </div> </td> </tr> <tr style='mso-yfti-irow:2'> <td valign=top style='padding:0in 0in 0in 0in'> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing: 0in;mso-yfti-tbllook:1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td valign=top style='padding:4.5pt 3.75pt 0in 0in'> <div> <p class=MsoNormal style='mso-line-height-alt:.75pt'><b><span style='font-size:8.0pt;font-family:"Arial",sans-serif; color:white'><img border=0 width=4 height=3 id="_x0000_i1034" src="http://img.constantcontact.com/letters/images/1101116784221/teenoland_2015T_TOCBullet.png" style='display:block'><o:p></o:p></span></b></p> </div> </td> </tr> </table> </td> <td width="100%" valign=top style='width:100.0%;padding:0in 0in 0in 0in'> <div> <p class=MsoNormal><b><span style='font-size:8.0pt;font-family: "Arial",sans-serif;color:white'><a href="#LETTER.BLOCK18" shape=rect><span style='color:white;text-decoration:none; text-underline:none'>Reorganized Business Development Group for More Expedient Customer Service</span></a><o:p></o:p></span></b></p> </div> </td> </tr> <tr style='mso-yfti-irow:3;mso-yfti-lastrow:yes'> <td valign=top style='padding:0in 0in 0in 0in'> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing: 0in;mso-yfti-tbllook:1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td valign=top style='padding:4.5pt 3.75pt 0in 0in'> <div> <p class=MsoNormal style='mso-line-height-alt:.75pt'><b><span style='font-size:8.0pt;font-family:"Arial",sans-serif; color:white'><img border=0 width=4 height=3 id="_x0000_i1035" src="http://img.constantcontact.com/letters/images/1101116784221/teenoland_2015T_TOCBullet.png" style='display:block'><o:p></o:p></span></b></p> </div> </td> </tr> </table> </td> <td width="100%" valign=top style='width:100.0%;padding:0in 0in 0in 0in'> <div> <p class=MsoNormal><b><span style='font-size:8.0pt;font-family: "Arial",sans-serif;color:white'><a href="#LETTER.BLOCK20" shape=rect><span style='color:white;text-decoration:none; text-underline:none'>Shows &amp; Events</span></a><o:p></o:p></span></b></p> </div> </td> </tr> </table> </td> </tr> </table> </td> </tr> </table> </div> <p class=MsoNormal align=center style='text-align:center'><span style='display:none;mso-hide:all'><o:p>&nbsp;</o:p></span></p> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes;height:.75pt'> <td style='padding:6.0pt 0in 6.0pt 0in;height:.75pt'> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes;height:.75pt'> <td style='background:#68696B;padding:0in 0in 0in 0in;height: .75pt'> <p class=MsoNormal align=center style='text-align:center; mso-line-height-alt:.75pt'><img border=0 width=5 height=1 id="_x0000_i1036" src="http://img.constantcontact.com/letters/images/sys/S.gif" style='display:block'></p> </td> </tr> </table> </td> </tr> </table> </div> <p class=MsoNormal align=center style='text-align:center'><span style='display:none;mso-hide:all'><o:p>&nbsp;</o:p></span></p> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td valign=top style='padding:6.0pt 0in 5.25pt 0in'> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;background: #457DA1;mso-yfti-tbllook:1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td valign=top style='padding:3.75pt 12.75pt 3.75pt 12.75pt'> <div> <p class=MsoNormal align=center style='text-align:center'><b><span style='font-size:18.0pt;font-family:"Arial",sans-serif; color:white'>FEATURE<o:p></o:p></span></b></p> </div> </td> </tr> </table> </td> </tr> </table> </div> <p class=MsoNormal align=center style='text-align:center'><a name=LETTER.BLOCK11></a><span style='display:none;mso-hide:all'><o:p>&nbsp;</o:p></span></p> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in;display:table' id="content_LETTER.BLOCK11"> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td valign=top style='padding:6.0pt 0in 6.0pt 0in'> <div> <div style='margin-bottom:5.25pt'> <div> <div> <div> <div> <div> <p class=MsoNormal align=center style='text-align:center'><b><span style='font-size:11.0pt;font-family:"Arial",sans-serif;color:#004E7D'>PLANT WITHIN A PLANT&nbsp;<o:p></o:p></span></b></p> </div> </div> </div> <div> <p class=MsoNormal align=center style='text-align:center'><b><span style='font-size:11.0pt;font-family:"Arial",sans-serif;color:#004E7D'>&nbsp;<o:p></o:p></span></b></p> </div> </div> <p class=MsoNormal style='text-align:justify'><!--[if gte vml 1]><v:shapetype id="_x0000_t75" coordsize="21600,21600" o:spt="75" o:preferrelative="t" path="m@4@5l@4@11@9@11@9@5xe" filled="f" stroked="f"> <v:stroke joinstyle="miter"/> <v:formulas> <v:f eqn="if lineDrawn pixelLineWidth 0"/> <v:f eqn="sum @0 1 0"/> <v:f eqn="sum 0 0 @1"/> <v:f eqn="prod @2 1 2"/> <v:f eqn="prod @3 21600 pixelWidth"/> <v:f eqn="prod @3 21600 pixelHeight"/> <v:f eqn="sum @0 0 1"/> <v:f eqn="prod @6 1 2"/> <v:f eqn="prod @7 21600 pixelWidth"/> <v:f eqn="sum @8 21600 0"/> <v:f eqn="prod @7 21600 pixelHeight"/> <v:f eqn="sum @10 21600 0"/> </v:formulas> <v:path o:extrusionok="f" gradientshapeok="t" o:connecttype="rect"/> <o:lock v:ext="edit" aspectratio="t"/> </v:shapetype><v:shape id="_x0000_s1026" type="#_x0000_t75" alt="" style='position:absolute;left:0;text-align:left;margin-left:61.3pt; margin-top:0;width:112.5pt;height:149.25pt;z-index:251658240; mso-wrap-distance-left:3.75pt;mso-wrap-distance-top:3.75pt; mso-wrap-distance-right:3.75pt;mso-wrap-distance-bottom:3.75pt; mso-position-horizontal:right;mso-position-horizontal-relative:text; mso-position-vertical-relative:line' o:allowoverlap="f"> <v:imagedata src="http://files.constantcontact.com/6af9cff2101/bb187a5a-3808-46d9-9ff2-ac4c7e1d8d0c.jpg"/> <w:wrap type="square"/> </v:shape><![endif]--><![if !vml]><img width=150 height=199 src="http://files.constantcontact.com/6af9cff2101/bb187a5a-3808-46d9-9ff2-ac4c7e1d8d0c.jpg" align=right hspace=5 vspace=5 class=cc-image-resize border=0 name=ACCOUNT.IMAGE.116 v:shapes="_x0000_s1026"><![endif]><span style='font-size:8.0pt;font-family:"Arial",sans-serif;color:#333333'><!-- </img> -->These days, Pharma Tech's manufacturing prowess extends far beyond its signature powder-based products.&nbsp; We recently launched an initiative to help showcase this to existing and potential customers.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:8.0pt;font-family:"Arial",sans-serif;color:#333333'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:8.0pt;font-family:"Arial",sans-serif;color:#333333'>To promote Pharma Tech's capabilities in the area of innovative drug delivery devices and concepts, we've introduced a 'plant within a plant' concept that distinguishes this skill set from core powder manufacturing while staying true to our attractive &quot;all under one roof&quot; mantra. &nbsp;<o:p></o:p></span></p> <div> <p class=MsoNormal><span style='font-size:8.0pt;font-family:"Arial",sans-serif; color:#333333'>&nbsp;&nbsp;<o:p></o:p></span></p> </div> <div> <p style='margin:0in;margin-bottom:.0001pt;text-align:justify; line-height:125%'><span style='font-size:8.0pt;line-height:125%; font-family:"Arial",sans-serif;color:#333333'>Many of you may recall that Pharma Tech's first foray into complex drug delivery devices was an inhalation powder product for the treatment of neurological disorders, which was approved and is now a successful RX product on the market.&nbsp; We are currently starting work on a second drug device combination.&nbsp; Stay tuned for more details!<o:p></o:p></span></p> </div> </div> </div> </div> </td> </tr> </table> </div> <p class=MsoNormal align=center style='text-align:center'><span style='display:none;mso-hide:all'><o:p>&nbsp;</o:p></span></p> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes;height:.75pt'> <td style='padding:6.0pt 0in 6.0pt 0in;height:.75pt'> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes;height:.75pt'> <td style='background:#68696B;padding:0in 0in 0in 0in;height: .75pt'> <p class=MsoNormal align=center style='text-align:center; mso-line-height-alt:.75pt'><img border=0 width=5 height=1 id="_x0000_i1037" src="http://img.constantcontact.com/letters/images/sys/S.gif" style='display:block'></p> </td> </tr> </table> </td> </tr> </table> </div> <p class=MsoNormal align=center style='text-align:center'><a name=LETTER.BLOCK31></a><span style='display:none;mso-hide:all'><o:p>&nbsp;</o:p></span></p> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in;display:table' id="content_LETTER.BLOCK31"> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td valign=top style='padding:6.0pt 0in 6.0pt 0in'> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 align=right width=1 style='width:.75pt;mso-cellspacing:0in; mso-yfti-tbllook:1184;mso-table-lspace:6.0pt;margin-left:3.75pt; mso-table-rspace:2.25pt;mso-table-anchor-vertical:paragraph; mso-table-anchor-horizontal:column;mso-table-left:right; mso-table-top:middle;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td valign=top style='padding:2.25pt 3.75pt 3.75pt 3.75pt'></td> </tr> </table> <div> <div style='margin-bottom:5.25pt'> <div> <p class=MsoNormal align=center style='text-align:center'><em><b><span style='font-size:11.0pt;font-family:"Arial",sans-serif;color:#004E7D'>MADE IN AMERICA</span></b></em><b><span style='font-size:11.0pt; font-family:"Arial",sans-serif;color:#004E7D'> - NOW AND IN THE FUTURE<o:p></o:p></span></b></p> </div> </div> <div> <div> <p class=MsoNormal align=center style='text-align:center'><span style='font-size:8.0pt;font-family:"Arial",sans-serif;color:#555759'><img border=0 width=233 height=116 id="_x0000_i1038" src="http://files.constantcontact.com/6af9cff2101/8fe00db0-c433-4b6f-a4af-439ad8ea35ed.jpg" hspace=10 vspace=10 name=ACCOUNT.IMAGE.118><o:p></o:p></span></p> <div> <p class=MsoNormal style='text-align:justify'><span style='font-size:8.0pt;font-family:"Arial",sans-serif;color:#555759'>Since filling our first products in 1972 in the small town of Union, Missouri, Pharma Tech has grown into one of the largest pharmaceutical contract manufacturers and packagers of powder products in the world.&nbsp; We accomplished this by gradually expanding into three locations in Union, one manufacturing facility in Royston, Georgia, and setting up corporate headquarters in nearby Athens, GA. &nbsp;&nbsp;<o:p></o:p></span></p> </div> <p class=MsoNormal style='text-align:justify'><span style='font-size:8.0pt;font-family:"Arial",sans-serif;color:#555759'><o:p>&nbsp;</o:p></span></p> </div> </div> <div> <div> <div> <div> <p class=MsoNormal style='text-align:justify'><span style='font-size:8.0pt;font-family:"Arial",sans-serif;color:#555759'>Pharma Tech owes its success to its dedicated workforce - a talented team assembled while retaining a strong commitment to our American roots. &nbsp;To this point,&nbsp;<strong><span style='font-family: "Arial",sans-serif'>the company is especially proud of its decision to buck the trend of outsourcing pharmaceutical production abroad.</span></strong><o:p></o:p></span></p> </div> <div> <p class=MsoNormal style='text-align:justify'><span style='font-size:8.0pt;font-family:"Arial",sans-serif;color:#555759'><o:p>&nbsp;</o:p></span></p> </div> <div> <p class=MsoNormal style='text-align:justify'><span style='font-size:8.0pt;font-family:"Arial",sans-serif;color:#555759'>Over more than 40 years, Pharma Tech has earned consistent year over year growth. &nbsp;Delivery systems have grown from our original topical powders to include ingestible and inhaled powders, as well as effervescents. &nbsp;Pharma Tech also now produces molded medical devices, packaging components, and cotton swabs. &nbsp;Our regulatory status has grown from non-regulated products to include nutritional products, medical foods, medical devices, OTC and Rx products.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:8.0pt;font-family:"Arial",sans-serif;color:#555759'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:8.0pt;font-family:"Arial",sans-serif;color:#555759'>&quot;We capitalize on U.S. entrepreneurialism and innovation, with the overarching goal of keeping supply chain activities and communication easy and accessible for customers,&quot; said Tee Noland, Chairman &amp; CEO of Pharma Tech Industries.&nbsp; &quot;Keeping our operations all-American creates efficiencies such as reduced lead times and transport costs, as well as access to sites and resources with minimal travel time - especially important when developing projects that require frequent sites visits to fully implement.&quot;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify'><strong><o:p>&nbsp;</o:p></strong></p> <div> <p class=MsoNormal style='text-align:justify'><b><span style='font-size:8.0pt;font-family:"Arial",sans-serif;color:#555759'>Pharma Tech is staging for further expansion into new jobs and technologies, and plans to proudly keep the United States as the focal point of its manufacturing activities. &nbsp;</span></b></p> </div> </div> </div> </div> </div> </div> </td> </tr> </table> </div> </td> </tr> </table> </div> </td> <td valign=top style='background:#828385;padding:0in 0in 0in 0in'> <p class=MsoNormal style='mso-line-height-alt:.75pt'><img border=0 width=2 height=5 id="_x0000_i1039" src="http://img.constantcontact.com/letters/images/sys/S.gif" style='display:block'></p> </td> <td valign=top style='padding:0in 0in 0in 0in'> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes'> <td width="100%" valign=top style='width:100.0%;padding:0in 21.75pt 0in 6.75pt'> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td valign=top style='padding:0in 0in 6.0pt 0in'> <div> <p class=MsoNormal align=center style='text-align:center'><a name=LETTER.BLOCK15></a><b><span style='font-size:11.0pt; font-family:"Arial",sans-serif;color:#004E7D'>COMPANY SPOTLIGHT<o:p></o:p></span></b></p> </div> </td> </tr> </table> </div> </td> </tr> <tr style='mso-yfti-irow:1'> <td valign=top style='padding:0in 21.75pt 0in 6.75pt'> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td width="100%" valign=top style='width:100.0%;background:#DDDDDE; padding:0in 0in 0in 0in'> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes;height:.75pt'> <td valign=top style='padding:0in 0in 10.5pt 0in;height:.75pt'> <p class=MsoNormal align=center style='text-align:center; mso-line-height-alt:.75pt'><img border=0 width=5 height=1 id="_x0000_i1040" src="http://img.constantcontact.com/letters/images/sys/S.gif" style='display:block'></p> </td> </tr> </table> </div> <p class=MsoNormal align=center style='text-align:center'><span style='display:none;mso-hide:all'><o:p>&nbsp;</o:p></span></p> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in;display:table' id="content_LETTER.BLOCK17"> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td valign=top style='padding:0in 11.25pt 7.5pt 11.25pt'> <div> <p class=MsoNormal align=center style='text-align:center'><span style='font-size:8.0pt;font-family:"Arial",sans-serif;color:#555759'><img border=0 width=120 height=100 id="_x0000_i1041" src="http://files.constantcontact.com/6af9cff2101/eac9706a-d5dc-4e33-a9f4-a33245faf158.jpg" style='display:block' name=ACCOUNT.IMAGE.117><o:p></o:p></span></p> </div> </td> </tr> </table> </div> <p class=MsoNormal align=center style='text-align:center'><a name=LETTER.BLOCK18></a><span style='display:none;mso-hide:all'><o:p>&nbsp;</o:p></span></p> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in' id="content_LETTER.BLOCK18"> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td valign=top style='padding:0in 11.25pt 11.25pt 11.25pt'> <div style='margin-bottom:5.25pt'> <div> <div> <p class=MsoNormal align=center style='text-align:center'><span style='font-size:8.0pt;font-family:"Arial",sans-serif;color:#004E7D'>REORGANIZED BUSINESS&nbsp; <o:p></o:p></span></p> <div> <p class=MsoNormal align=center style='text-align:center'><span style='font-size:8.0pt;font-family:"Arial",sans-serif;color:#004E7D'>DEVELOPMENT GROUP FOR MORE&nbsp;EXPEDIENT CUSTOMER SERVICE<o:p></o:p></span></p> </div> </div> <p class=MsoNormal align=center style='text-align:center'><span style='font-size:8.0pt;font-family:"Arial",sans-serif;color:#004E7D'><o:p>&nbsp;</o:p></span></p> </div> </div> <div> <div> <div> <div> <div> <p class=MsoNormal style='text-align:justify'><span style='font-size:8.0pt;font-family:"Arial",sans-serif;color:#555759'>Pharma Tech has restructured its Business Development group to now include all functions required to evaluate, quote and initiate a program internally, making it more in line with our one-stop shop approach to customer service. &nbsp;The reorganization streamlines Pharma Tech's ability to advise clients on feasibility, cost and timing, and should improve internal communication across disciplines by funneling all new programs through one team.&nbsp;<o:p></o:p></span></p> <p class=MsoNormal><span style='font-size:8.0pt;font-family:"Arial",sans-serif; color:#555759'>&nbsp;&nbsp;<o:p></o:p></span></p> </div> </div> </div> <div> <p class=MsoNormal style='text-align:justify'><span style='font-size:8.0pt;font-family:"Arial",sans-serif;color:#555759'>The revised sales organization setup also allows faster evaluation of new technology, enabling Pharma Tech to offer an even higher level of service to both existing and potential customers. &nbsp;This will include improvements in the pricing of programs, allocation of early-stage capital, and an expansion of basic core offerings.<o:p></o:p></span></p> </div> </div> </div> </td> </tr> </table> </div> </td> </tr> </table> </td> </tr> <tr style='mso-yfti-irow:2'> <td width="100%" valign=top style='width:100.0%;padding:0in 21.75pt 0in 6.75pt'> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes;height:.75pt'> <td style='background:white;padding:6.0pt 0in 6.0pt 0in;height: .75pt'> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes;height:.75pt'> <td style='background:#68696B;padding:0in 0in 0in 0in;height: .75pt'> <p class=MsoNormal align=center style='text-align:center; mso-line-height-alt:.75pt'><img border=0 width=5 height=1 id="_x0000_i1042" src="http://img.constantcontact.com/letters/images/sys/S.gif" style='display:block'></p> </td> </tr> </table> </td> </tr> </table> </div> </td> </tr> <tr style='mso-yfti-irow:3;mso-yfti-lastrow:yes'> <td valign=top style='padding:0in 21.75pt 0in 6.75pt'> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td width="100%" valign=top style='width:100.0%;background:#CDDCE6; padding:0in 0in 0in 0in'> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;background: #39749A;mso-yfti-tbllook:1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td valign=top style='padding:7.5pt 11.25pt 7.5pt 11.25pt'> <div> <p class=MsoNormal align=center style='text-align:center'><a name=LETTER.BLOCK20></a><b><span style='font-size:11.0pt; font-family:"Arial",sans-serif;color:white'>SHOWS &amp; EVENTS<o:p></o:p></span></b></p> </div> </td> </tr> </table> </div> <p class=MsoNormal align=center style='text-align:center'><span style='display:none;mso-hide:all'><o:p>&nbsp;</o:p></span></p> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes;height:.75pt'> <td valign=top style='padding:0in 0in 10.5pt 0in;height:.75pt'> <p class=MsoNormal align=center style='text-align:center; mso-line-height-alt:.75pt'><img border=0 width=5 height=1 id="_x0000_i1043" src="http://img.constantcontact.com/letters/images/sys/S.gif" style='display:block'></p> </td> </tr> </table> </div> <p class=MsoNormal align=center style='text-align:center'><span style='display:none;mso-hide:all'><o:p>&nbsp;</o:p></span></p> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in;display:table' id="content_LETTER.BLOCK25"> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td valign=top style='padding:0in 11.25pt 6.0pt 11.25pt'> <div> <p class=MsoNormal align=center style='text-align:center'><span style='font-size:8.0pt;font-family:"Arial",sans-serif;color:#555759'><img border=0 width=152 id="_x0000_i1044" src="http://files.constantcontact.com/6af9cff2101/e192b2eb-6891-4d6c-97b2-1ee350fdd1b4.png" style='display:block' name=ACCOUNT.IMAGE.113><o:p></o:p></span></p> </div> </td> </tr> </table> </div> <p class=MsoNormal align=center style='text-align:center'><span style='display:none;mso-hide:all'><o:p>&nbsp;</o:p></span></p> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in' id="content_LETTER.BLOCK26"> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td valign=top style='padding:0in 11.25pt 11.25pt 11.25pt'> <div> <div style='margin-bottom:3.0pt'> <div> <div> <div> <p class=MsoNormal><b><span style='font-size:8.0pt;font-family: "Arial",sans-serif;color:#004E7D'>CHPA Annual Executive Conference 2017</span></b><b><span style='font-size:8.0pt; font-family:"Arial",sans-serif;color:#555759'>&nbsp;</span></b><b><span style='font-size:8.0pt;font-family:"Arial",sans-serif;color:#004E7D'><o:p></o:p></span></b></p> </div> </div> </div> </div> <div> <div> <p class=MsoNormal><span style='font-size:8.0pt;font-family:"Arial",sans-serif; color:#555759'>March 19-22, 2017<o:p></o:p></span></p> </div> <div> <p class=MsoNormal><span style='font-size:8.0pt;font-family:"Arial",sans-serif; color:#555759'>Ritz-Carlton Amelia Island<o:p></o:p></span></p> </div> <div> <p class=MsoNormal><span style='font-size:8.0pt;font-family:"Arial",sans-serif; color:#555759'>Amelia Island, FL<o:p></o:p></span></p> </div> </div> </div> </td> </tr> </table> </div> <p class=MsoNormal align=center style='text-align:center'><span style='display:none;mso-hide:all'><o:p>&nbsp;</o:p></span></p> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in' id="content_LETTER.BLOCK22"> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td valign=top style='padding:0in 11.25pt 6.0pt 11.25pt'> <div> <p class=MsoNormal align=center style='text-align:center'><span style='font-size:8.0pt;font-family:"Arial",sans-serif;color:#555759'><img border=0 width=152 id="_x0000_i1045" src="http://files.constantcontact.com/6af9cff2101/dfe80130-111d-4a6e-bacb-6ecb88d03f59.png" style='display:block' name=ACCOUNT.IMAGE.112><o:p></o:p></span></p> </div> </td> </tr> </table> </div> <p class=MsoNormal align=center style='text-align:center'><span style='display:none;mso-hide:all'><o:p>&nbsp;</o:p></span></p> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in' id="content_LETTER.BLOCK23"> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td valign=top style='padding:0in 11.25pt 11.25pt 11.25pt'> <div> <div style='margin-bottom:3.0pt'> <div> <div> <div> <p class=MsoNormal><b><span style='font-size:8.0pt;font-family: "Arial",sans-serif;color:#004E7D'>DCAT Week<o:p></o:p></span></b></p> </div> </div> </div> </div> <div> <div> <p class=MsoNormal><span style='font-size:8.0pt;font-family:"Arial",sans-serif; color:#555759'>Drug, Chemical &amp; Associated Technologies Association<o:p></o:p></span></p> </div> <div> <p class=MsoNormal><span style='font-size:8.0pt;font-family:"Arial",sans-serif; color:#555759'>March 20-23, 2017<o:p></o:p></span></p> </div> <div> <p class=MsoNormal><span style='font-size:8.0pt;font-family:"Arial",sans-serif; color:#555759'>New York, NY<o:p></o:p></span></p> </div> </div> </div> </td> </tr> </table> </div> <p class=MsoNormal align=center style='text-align:center'><span style='display:none;mso-hide:all'><o:p>&nbsp;</o:p></span></p> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in' id="content_LETTER.BLOCK35"> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td valign=top style='padding:0in 11.25pt 6.0pt 11.25pt'> <div> <p class=MsoNormal align=center style='text-align:center'><span style='font-size:8.0pt;font-family:"Arial",sans-serif;color:#555759'><img border=0 width=152 id="_x0000_i1046" src="http://files.constantcontact.com/6af9cff2101/904347f7-0ce8-4242-ba2c-bc74d4c2f2dd.png" style='display:block' name=ACCOUNT.IMAGE.119><o:p></o:p></span></p> </div> </td> </tr> </table> </div> <p class=MsoNormal align=center style='text-align:center'><span style='display:none;mso-hide:all'><o:p>&nbsp;</o:p></span></p> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in' id="content_LETTER.BLOCK36"> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes'> <td valign=top style='padding:0in 11.25pt 11.25pt 11.25pt'> <div> <div style='margin-bottom:3.0pt'> <div> <div> <div> <div> <p class=MsoNormal><b><span style='font-size:8.0pt;font-family: "Arial",sans-serif;color:#004E7D'>CPhI North America&nbsp;<o:p></o:p></span></b></p> </div> </div> </div> </div> </div> <div> <div> <div> <p class=MsoNormal><span style='font-size:8.0pt;font-family:"Arial",sans-serif; color:#555759'>Pennsylvania Convention Center<o:p></o:p></span></p> </div> <div> <p class=MsoNormal><span style='font-size:8.0pt;font-family:"Arial",sans-serif; color:#555759'>May 16-18, 2017&nbsp;<o:p></o:p></span></p> </div> <div> <p class=MsoNormal><span style='font-size:8.0pt;font-family:"Arial",sans-serif; color:#555759'>Philadelphia, PA<o:p></o:p></span></p> </div> </div> </div> </div> </td> </tr> </table> </div> </td> </tr> </table> </td> </tr> </table> </div> <p class=MsoNormal align=center style='text-align:center'><span style='display:none;mso-hide:all'><o:p>&nbsp;</o:p></span></p> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=220 style='width:165.0pt;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow: yes;height:.75pt'> <td style='padding:0in 0in 0in 0in;height:.75pt'> <p class=MsoNormal align=center style='text-align:center;mso-line-height-alt: .75pt'><img border=0 width=5 height=1 id="_x0000_i1047" src="http://img.constantcontact.com/letters/images/sys/S.gif" style='display:block'></p> </td> </tr> </table> </div> </td> </tr> </table> </div> <p class=MsoNormal align=center style='text-align:center'><span style='display:none;mso-hide:all'><o:p>&nbsp;</o:p></span></p> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow:yes'> <td width="100%" style='width:100.0%;padding:0in 0in 0in 0in'> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;mso-cellspacing:0in;mso-yfti-tbllook: 1184;mso-padding-alt:0in 0in 0in 0in'> 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class=footercolumn><span style='font-size:10.0pt;font-family:"Verdana",sans-serif; color:#5D5D5D'>Pharma Tech Industries</span></span><span class=hideinmobile><span style='font-size:10.0pt;font-family:"Verdana",sans-serif; color:#5D5D5D'>,</span></span><span class=footercolumn><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:#5D5D5D'> 297&nbsp;Prince&nbsp;Avenue</span></span><span class=hideinmobile><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:#5D5D5D'>,</span></span><span class=footercolumn><span style='font-size:10.0pt;font-family:"Verdana",sans-serif; color:#5D5D5D'> Suite&nbsp;11</span></span><span class=hideinmobile><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:#5D5D5D'>,</span></span><span class=footercolumn><span style='font-size:10.0pt;font-family:"Verdana",sans-serif; color:#5D5D5D'>&nbsp;Athens</span></span><span class=hideinmobile><span 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