EX-99.1 4 j9478801exv99w1.txt EXHIBIT 99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE: June 4, 2002 CONTACT: Don Smith 724-352-7520 SYLVAN INC. APPOINTS NEW INDEPENDENT ACCOUNTANT ----------------------------------------------- Saxonburg, PA - June 4, 2002: Sylvan Inc. (Nasdaq: SYLN) today announced that its board of directors appointed Ernst & Young LLP as the company's independent accountant for 2002. The action was taken following the board's dismissal of Arthur Andersen LLP, Sylvan's previous independent accountant, effective May 31, 2002. A leader in fungal technology, Sylvan Inc. is a preeminent worldwide producer and distributor of products for the mushroom industry, specializing in spawn (the equivalent of seed for mushrooms) and spawn-related products and services, and is a major grower of fresh mushrooms in the United States. -end-