Lacey, WA –
October 17, 2006: ECONET, a global family of health and natural product
companies with operations in the United States, Canada, South Korea,
Russia, China and Mexico, hosted Governor Gregoire  and a trade mission
delegation from Washington State yesterday at their global headquarters
in Seoul, Korea.

“We made a very successful transition of our U.S. operations from
Colorado to Washington State in 2004, and have been incredibly pleased
with both State and local government support,” said Bill Lee, Owner and
Chairman of ECONET. “I am pleased to host Governor Gregoire and her
trade mission delegation at the ECONET Center, our global headquarters
here in Seoul.”

The Governor and delegates toured the ECONET Center, and then the
Governor addressed employees and guests remarking on the five-year
construction project of ECONET’s new U.S.  headquarters in Lacey,
Washington – a cutting-edge environmental development that is a first
for that area of Washington State and on the cutting edge of corporate
campus development world wide.  Senator Paul Shin, who is accompanying
the Governor in Seoul, was instrumental in ECONET‘s decision to choose
Washington State as their US headquarters location.

Following the meeting at the ECONET Center, Governor Gregoire was
hosted by Bill Lee and Derek Hall – ECONET Vice-Chairman and CEO,
along with other dignitaries such as former Korean Senator Helen Chung,
Lee’s mother. 

“ECONET is now beginning a significant global expansion, and we are
pleased to have worked with Senator Shin and others in Washington State
to secure a US Headquarters site in Lacey, Washington,” said Hall.  “We
anticipate increased participation with the State Department of Trade,
Community and Economic Development (CTED) and the Governor’s office as
ECONET companies expand worldwide.”

About the ECONET Family of Companies
Unigen Pharmaceuticals (www.unigenpharma.com),
with significant research facilities in the US and Korea and a Bio-Mass
facility in Russia, is a leading research and development company and
proprietary ingredients supplier of therapeutic botanicals for the
pharmaceutical, nutraceutical, functional food and cosmetic industries.
Aloecorp (www.aloecorp.com), with
operations in the US, Mexico and China is the world’s leading
vertically integrated fine ingredient Aloe vera manufacturer and
supplier focused on scientific methodology and procedures which
guarantee product quality, purity, potency and biological activity
supported by published, peer-reviewed studies. Univera (www.univeralifesciences.com),
with operations in the US and Korea, is the world’s leading healthy
aging direct sales company with full-scale genomic, proteomic and
biological research capabilities unmatched in advanced research,
technology and manufacturing capabilities. Namyang is a Korean
manufacturing company of health and nutrition products.