Sipex to Present at Urchin Capital Value Below the Radar 2006 Conference

MILPITAS, Calif., Oct. 23 /PRNewswire-FirstCall/ -- Sipex Corporation , today announced that Ralph Schmitt, CEO of Sipex Corporation, will be presenting at the Small/Micro-Cap growth company institutional investor conference sponsored by Urchin Capital Partners. The conference will be held on October 24, 2006 at the Le Meridien in San Francisco, CA. Mr. Schmitt will be presenting the Sipex's historical performance and current strategy from 8:30am to 9:00am, with a breakout from 9:00am to 9:30am.

About Sipex Corporation

Sipex Corporation is an analog semiconductor company that addresses standard linear and application specific standard products (ASSP) for customer systems that are primarily targeted at the consumer, networking and industrial markets. The products are categorized into three synergistic areas of power management, interface and optical storage. Sipex is a global company with operations in Asia, Europe and North America. It is the mission of the Company to create innovative analog products that enable customers to produce differentiated products.

For additional information, contact: Ralph Schmitt CEO and Member of the Board of Directors Phone: [phone] Fax: [phone] Email: [e-mail]