Landec Increases Investment in Windset

Landec Also Secures New Equipment Loan and Increased Line of Credit

MENLO PARK, Calif., July 18, 2014 (GLOBE NEWSWIRE) — Landec Corporation (Nasdaq:LNDC), a materials science Company that develops and markets innovative and patented products for healthy living applications in food and biomedical markets, announced that its subsidiary, Apio, Inc., has increased its equity investment in Windset Holdings 2010 Ltd. (“Windset”) by purchasing 15,857 shares of non-voting Junior Preferred Stock which represents 8.5% of the outstanding Junior Preferred Stock and an additional 68 shares of Common Stock from the Newell Capital Corporation. The purchase of the 68 shares of Common Stock of Windset represents an additional 6.8% share in Apio’s ownership in Windset and increases Apio’s total Common Stock ownership in Windset from 20.1% to 26.9%

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