Cyanotech Names Nancy Katz as a Director

KAILUA KONA, Hawaii–(BUSINESS WIRE)–The Board of Directors of Cyanotech Corporation (Nasdaq Capital Market:
CYAN) has named Nancy Katz as a Director of the Company.

“We are pleased to welcome Ms. Katz to Cyanotech’s Board,” said Michael
A. Davis, Chairman of the Board. “Her significant experience as an
executive and director of public companies will provide valuable insight
to the Board and management in strategy development and other Company
functions.”

Ms. Katz served as Vice President, Consumer Marketing at Medtronic,
Inc., a medical technology company from May 2011 to August 2014. From
July 2005 to July 2010, she was Senior Vice President, Bayer Diabetes
Care — North America. Prior to this position, she was President and
Chief Executive Officer of Calypte Biomedical Corporation, a
manufacturer of HIV diagnostics; President of Zila Pharmaceutical, Inc.,
a manufacturer of oral care products; and held senior marketing
positions with the Lifescan division of Johnson & Johnson (blood glucose
diabetes products), Schering-Plough Healthcare Products, and with
American Home Products. She has previously served on the Boards of
Directors of Neoprobe Corporation, Calypte Biomedical Corporation, LXN
Corporation and Pepgen Corporation. She currently serves on the Board of
NeuroMetrix, Inc.

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 AssociationTM. Visit www.cyanotech.com
for more information.

Contacts

Cyanotech Corporation
Bruce Russell
(310) 346-6131
brussell@cyanotech.com