Cyanotech Corporation (Nasdaq Capital Market: CYAN) reported today that
its 2015 Annual Report has been delayed.
The Company has experienced a delay in completing the necessary
disclosures and finalizing its financial statements in connection with
its Annual Report on Form 10-K for the year ended March 31, 2015 (the
“Annual Report”). As a result of this delay, the Registrant was unable
without unreasonable effort or expense to file its Annual Report by the
prescribed filing date. The Company anticipates filing its Annual Report
and related XBRL documents on or before the extended deadline of
July 14, 2015.
About Cyanotech — Cyanotech Corporation, a world leader in
microalgae technology, produces BioAstin® Natural Astaxanthin and
Hawaiian Spirulina Pacifica®—all natural, functional nutrients
that leverage our experience and reputation for quality, building
nutritional brands which promote health and well-being. Cyanotech's
Spirulina products offer complete nutrition, and augment energy and
immune response. They are FDA-reviewed and accepted as Generally
Recognized as Safe (GRAS) for use in food products. BioAstin's superior
antioxidant activity and ability to support and maintain a natural
anti-inflammatory response enhance skin, muscle and joint health. All
Cyanotech products are produced from microalgae grown at our 90-acre
facility in Kona, Hawaii, using patented and proprietary technology.
Cyanotech sells its products direct to consumers at retail locations in
the United States and online at www.nutrex-hawaii.com
and also distributes to nutritional supplement, nutraceutical and
cosmeceutical manufacturers and marketers worldwide and is GMP-certified
by the Natural Products Association™. Visit www.cyanotech.com
for more information.
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