FLORENCE, Ky., March 21, 2006 (PRIMEZONE) -- ImmuDyne (Pink Sheets:IMMD), the leading supplier of Yeast Beta Glucan, today announced an agreement with ex-CEO, Nino Sorgente, wherein the former officer and director has surrendered all of his options and stock. As such, this event involves a net reduction of more than 1,000,000 options, plus a small amount of Sorgente's personal stock, in the favor of Immudyne. The ex-CEO had resigned from the Company in 2003 and the above agreement resolved issues which arose thereafter.
About ImmuDyne
ImmuDyne shares trade under the ticker symbol (Pink Sheets:IMMD) and the Company can be found on the web at www.immudyne.com.