Landec Corporation Schedules Third Quarter Fiscal Year 2012 Earnings Release For March 26, 2012, And Conference Call For March 27, 2012

Landec Corporation (NASDAQ:LNDC) announced today that it will report financial results for the fiscal year 2012 third quarter ended February 26, 2012, after market close on Monday, March 26, 2012.

The news release will be followed the next morning, Tuesday, March 27, 2012, by a teleconference and webcast open to all interested parties at 8:00 a.m. Pacific Time. The teleconference can be accessed by calling 866-244-4530 or 703-639-1173. Please log in 5 - 10 minutes prior to the beginning of the call.

This call is being webcast by Thomson Reuters and can be accessed at Landec’s web site at www.landec.com by selecting Investors and the Financial Releases & Events page. The webcast will be available for 30 days through April 25, 2012. A replay of the teleconference will be available for one week until midnight Eastern Time, Tuesday, April 3, 2012, by calling 888-266-2081 or 703-925-2533. The access code for the replay is 1571046.

For further information, please call Greg Skinner, 650-261-3677.

The webcast is also being distributed over Thomson Reuter’s Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through Thomson’s individual investor center at www.fulldisclosure.com or by visiting any of the investor sites in Thomson’s Individual Investor Network such as America Online’s Personal Finance Channel, Fidelity Investments(R) (Fidelity.com) and others. Institutional investors can access the call via Thomson’s password-protected event management site, StreetEvents ( www.streetevents.com). StreetEvents allows institutional investors to identify, organize, and track the hundreds of conference calls that occur each day during earnings season, to download events of interest to their Outlook calendar, and to RSVP to events online.

Landec Corporation is a materials science company that leverages its proprietary polymer technologies, application development and innovation capabilities to develop and commercialize new products in biomedical, agricultural and industrial markets. Landec has two proprietary polymer technology platforms: Intelimer Polymers ^® and Sodium Hyaluronate (“NaHy”) that are the foundation for its business. Landec’s subsidiary, Apio, has become the leader in US fresh-cut specialty packaged vegetables by combining Landec’s proprietary food packaging technology with the capabilities of a large national food supplier, processor and distributor. Through its subsidiary, Lifecore Biomedical, Landec is now a premium supplier of hyaluronan-based materials and medical products to ophthalmic, orthopedic and veterinary markets worldwide. Landec’s Licensing Partnerships work closely with market-leading companies to develop and commercialize differentiated polymer-based products. For more information about the Company, visit Landec’s website at www.landec.com.

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