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SYMBOLLON ANNOUNCES STRATEGIC ALLIANCE WITH PREMIER FUNDING AND FINANCIAL MARKETING SERVICES

October 11, 2005

Symbollon Pharmaceuticals, Inc. (OTC BB: SYMBA) announced today that it has established a strategic alliance with Premier Funding and Financial Marketing Services LLC of Mesa, Arizona. Premier will focus on corporate imaging and creating retail market awareness for the existing and new shareholder base.

Market Wire (http://www.marketwire.com/mw/release_html_b1?release_id=97582)