Article: Planet Polymer Technologies Inc. Announces Agreement with Allergy Free to Combine Companies.

Business Editors

SAN DIEGO--(BUSINESS WIRE)--March 22, 2004

Company Also Announces Year Ended December 31, 2003 Fiscal Results

and Agway Sale of Licensing Rights to BASF and Alltech

On March 18, 2004, Planet Polymer Technologies Inc. (OTC BB: POLY), a San Diego advanced materials company ("Planet"), and Allergy Free LLC, a California limited liability company ("Allergy Free"), jointly announced entering into an Asset Purchase Agreement in which Planet will acquire substantially all of the assets of Allergy Free and assume certain of the liabilities of Allergy Free, for which Planet will issue a subordinated convertible note not to ...

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