BIOSPHERICS PRESENTS FLYCRACKER AS PESTICIDE OF FUTURE AT INTERNATIONAL MEETING Designed to Meet Anticipated Environmental Regulations CONTACT: Mark Hopkinson, 561/750-9800 x15 Email: mhopkinson@TransMediagroup.com FOR IMMEDIATE RELEASE BELTSVILLE, MD, October 11, 2000 - Biospherics Incorporated (NASDAQ: BINC) -- the Maryland-based biotech company - has announced that it will present its environmentally safe pesticide, FlyCracker™, at the Eighth International Symposium on Animal, Agricultural and Food Processing Waste (ISAAFPW). Representatives of the agricultural industry, environmental groups, the EPA, and USDA will come together from October 9-11 in Des Moines, Iowa, to discuss new regulations on the use of pesticides while protecting the environment. FlyCracker is a dry, granular substance that is sprinkled over areas prone to infestation. Unlike harsh pesticides, the new product relies on a physical, rather than a chemical, process that does not allow the fly larvae to develop into adult flies. Hence, no resistance can be developed to FlyCracker, which is completely biodegradable and safe even if accidentally ingested, by animals or humans. FlyCracker pesticide does not need to be registered with the Federal Environmental Protection Agency and is "Generally Recognized As Safe" (GRAS) by the Food and Drug Administration. "One of our goals is to be able to offer a safe alternative to harsh chemical pesticides as a part of the Integrated Pest Management System," said Shawnee Vasquez, Research Associate, who will lead the Biospherics promotional research team. Biospherics is confident the exposure generated by the upcoming series of conferences will help promote FlyCracker as the pesticide of choice when the new regulations have been set in place to better protect the environment. "This will give us a chance to present the product and its advantages to the retail sector and the professional associations that set the regulations and guidelines for the agricultural industry," added Vasquez. The conference, sponsored by the American Society of Agricultural Engineers (ASAE) will highlight new findings on ways to protect the environment. The ASAE is a non-profit worldwide organization that communicates opportunities for the processing of resources for conversion to energy and industrial products, coordinating and sponsoring technical sessions, workshops, conferences and tours. This event will take place at the Marriott Conference Center in Des Moines, Iowa. The following week the National Poultry Waste Management Symposium will meet in Maryland to present industry and university managers and personnel, regulators, farmers, growers, and environmental groups with a program promoting and outlining newfound research knowledge to discuss new options for setting new regulations. The symposium will be held at the Sheraton Fontainebleu Hotel in Ocean City, Maryland from October 16-18, 2000. "We also want to present the agricultural, environmental and food preparation industries with FlyCracker and its results and benefits," noted Vasquez, "and the conferences will give us a chance to demonstrate the application and discuss its advantages over other pesticides. "Biospherics Incorporated is a biotechnology research company founded by Dr. Gilbert Levin who also performed research as part of NASA's mission to Mars in 1976 where Biospherics technology helped test soil samples. As a related project, Biospherics began research on non-fattening sweeteners and in the 1990's discovered that tagatose, a natural sugar found in certain berries and dairy products tastes like table sugar and is low in calories. The Company then invented a "green" process to make the sweetener economically using whey as the raw material. The Company is anticipating U.S. and foreign approvals of its product. Certain statements contained herein are "forward-looking" statements as defined in the Private Securities Litigation Act of 1995. Because such statements include risks and uncertainties, actual results may differ from those expressed or implied. Factors that could not cause actual results may differ from those expressed or implied include, but are not limited to, those discussed by the Company with the Securities and Exchange Commission, including the filing on Form 8-K on March 3, 1999.