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Registration Statement Filed for Spin-off of Epitope's Agritope Subsidiary

    BEAVERTON, Ore., Sept. 2 /PRNewswire/ -- Epitope, Inc. (Nasdaq: EPTO)
today announced that its wholly owned subsidiary, Agritope, Inc., has filed a
registration statement with the Securities and Exchange Commission with
respect to Epitope's previously announced intention to spin off its Agritope
agricultural biotechnology subsidiary.
    The spin-off will be accomplished through a dividend distribution to
Epitope shareholders of all Agritope common stock held by Epitope.  As a
result of the spin-off, Agritope will cease to be a wholly owned subsidiary of
Epitope and will operate as an independent public company.  Epitope
shareholders will not have to pay for any shares of Agritope stock received in
the distribution or take any action to receive shares.
    Completion of the spin-off is contingent upon obtaining financing for
Agritope sufficient to operate it as an independent public company and
satisfaction of certain other conditions, including a review of the
registration statement by the SEC.
    Agritope is a biotechnology company specializing in the development of new
fruit and vegetable plant varieties.  Agritope is also the majority owner of
Vinifera, Inc., which offers grapevine plant propagation and disease screening
and elimination programs.  Epitope, Inc. is a biotechnology company that
develops and markets medical diagnostic products.
    NOTE:  A registration statement relating to these securities has been
filed with the Securities and Exchange Commission.  These securities may not
be sold nor may offers to buy be accepted prior to the time the registration
statement becomes effective.  This press release shall not constitute an offer
to sell or the solicitation of an offer to buy nor shall there be any sale of
these securities in any state in which such offer, solicitation, or sale would
be unlawful prior to registration or qualification under the securities laws
of any such state.

Source: EPITOPE Inc.

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