Lannett Company to Report Fiscal 2010 First-Quarter Financial Results and Host Conference Call on Monday, November 9, 2009

PHILADELPHIA--(Business Wire)--
Lannett Company, Inc. (NYSE Amex: LCI), a manufacturer of generic
pharmaceuticals, today announced that the company will release its fiscal 2010
first-quarter financial results on Monday, November 9, 2009. Lannett management
will host a conference call that same afternoon at 4:30 p.m. Eastern (1:30 p.m.
Pacific) to review financial results and answer questions.

The conference call will be available to interested parties by dialing
800-446-1671 from the U.S. or Canada, or 847-413-3362 from international
locations, passcode 25765256. This call is also available through a live,
listen-only audio Web broadcast via the Internet at www.lannett.com. Listeners
are encouraged to visit the Web site at least 15 minutes prior to the start of
the scheduled presentation to register, download and install any necessary audio
software. The call will be archived and accessible on the same Web site for one
year.

About Lannett Company, Inc.

Lannett Company, founded in 1942, develops, manufactures, packages, markets and
distributes generic pharmaceutical products for a wide range of indications. For
more information, visit Lannett Company`s website at www.lannett.com.

PondelWilkinson Inc.
Robert Jaffe/Evan Pondel
310-279-5980

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