Press Release

Contact: Jake Mortensen, 530-750-0150 x 114, jmortensen@agraquest.com

Contact: Jeff Crampton, 519-268-5903 , jcrampton@uap.ca

AgraQuest Inc. Launches SERENADE® ASO Biofungicide into Canadian Agriculture Market

DAVIS, Calif. (Mar. 21, 2008) – AgraQuest Inc., a leading provider of effective and safe pest management products, announced today that it has received approval of a Canadian label for its biofungicide SERENADE® ASO for use in the agriculture market. SERENADE ASO will be available immediately through UAP Canada.

"The introduction of SERENADE ASO is an excellent complement to the products that AgraQuest has launched in Canada recently" said Chris Coombs, V.P. North America for AgraQuest. "It provides growers an effective tool against a number of common diseases found in Canada"

SERENADE ASO is labeled in Canada on a variety of crops and crop groups for diseases including Powdery and Downy Mildew, Gray Mold and Botrytis Blight. SERENADE ASO is an aqueous suspension (liquid) formulation and is derived from a naturally occurring bacterium, Bacillus subtilis. Its biological nature offers growers an effective, yet safe, alternative to traditional synthetic chemistries.

SERENADE ASO has a zero-day pre-harvest interval and a four-hour restricted entry interval providing growers minimal interruption following sprays. SERENADE ASO joins SERENADE MAX and RHAPSODY ASO as products being offered to the Canadian market by AgraQuest.

About AgraQuest
AgraQuest is a biotechnology company that focuses on developing, manufacturing and marketing effective, safe and environmentally friendly natural pest management products for agricultural, institutional and home markets. The company sells SERENADE®, SERENADE® Garden, RHAPSODY®, SONATA® and BALLAD® fungicides. AgraQuest received the Presidential Green Chemistry Award from the EPA for the discovery and commercialization of SERENADE Biofungicide. In 2004, AgraQuest received a Red Herring Top 100 Private Company Award and the World Technology Award for the Environment. The company's headquarters are located in Davis, California.

About UAP Canada
Founded in 1978, United Agri Products (UAP) is the largest distributor of agricultural and non-crop inputs in the United States and Canada. UAP markets a comprehensive line of products, including crop protection chemicals and plant nutrients to national and regional dealers. UAP’s extensive infrastructure is a critical element of their supplier’s route-to-market, as it enables them to reach a highly fragmented customer base.


Certain matters contained in the press release concerning AgraQuest, Inc. are forward-looking statements which are subject to known and unknown risks and uncertainties which may cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Such risks and uncertainties include, among others, the receipt of EPA and other regulatory approval of the Company’s products, the success of the Company’s products in field trials and the timely development, manufacture and marketing and acceptance of the Company’s products in the marketplace.