UAE Expansion Continues Regional Strategy
working with Pesterminators
PHOENIX, Jan. 2, 2024
/PRNewswire/ -- SenesTech, Inc. (Nasdaq: SNES; "SenesTech" or the
"Company"), the leader in fertility control to manage animal pest
populations, today announces the expansion of its distribution
agreement with Pesterminators Pvt Ltd to include the deployment of
EvolveTM. This expansion also extends the territory into
the United Arab Emirates (UAE)
market through the Pesterminators subsidiary, TCS Global for
General Trading LLC in UAE.
"This expansion is part of our regional strategy as we
collaborate with Pesterminators and follows the successful
deployment of our ContraPest products into the Maldives. This expanded distribution agreement
incorporates their initial stocking order for Evolve as well as an
expanded territory that now includes the UAE," said Joel Fruendt, SenesTech's president and CEO.
"The UAE has implemented strict measures in recent years to
control and prevent the use of harmful chemicals. Health
officials in Dubai
have issued warnings about hiring illegal companies, with municipal
regulations prohibiting the importing, handling, and trading of
pesticides without permission, and limiting the use of poisons in
sensitive areas. Pesterminators is committed to introducing
sustainable solutions for the pest management segment and holds a
solid position in the UAE. Evolve aligns well into our pest control
practice and meets regulatory requirements in the region," said Mr.
Sathes Ramachandran, CEO of Pesterminators Pvt Ltd and TCS Global,
UAE.
"Further regional expansion is expected as we proceed
systematically with Pesterminators," concluded Mr. Fruendt.
About SenesTech
We are committed to improving the
health of the world by humanely managing animal pest populations
through fertility control. We are experts in fertility control to
manage animal pest populations. We invented ContraPest, the
only U.S. EPA-registered contraceptive for male and female rats,
and Evolve, an EPA-designated minimum-risk contraceptive currently
offered for rats. ContraPest and Evolve fit seamlessly into all
integrated pest management programs, significantly improving the
overall goal of effective pest management. We strive for clean
cities, efficient businesses and happy households – with a product
designed to be humane, effective and sustainable.
For more information visit https://senestech.com/ and
https://contrapeststore.com.
Safe Harbor Statement
This press release contains
"forward-looking statements" within the meaning of federal
securities laws, and we intend that such forward-looking statements
be subject to the safe harbor created thereby. Such forward-looking
statements include, among others, our belief that Pesterminators is
an excellent partner for us; and our belief that we will be able to
expand our work with Pesterminators in the UAE and the South Asian
region. Forward-looking statements may describe future
expectations, plans, results or strategies and are often, but not
always, made through the use of words such as "believe," "may,"
"future," "plan," "will," "should," "expect," "anticipate,"
"eventually," "project," "estimate," "continuing," "intend" and
similar words or phrases. You are cautioned that such statements
are subject to risks, uncertainties and other factors that could
cause actual results to differ materially from those reflected by
such forward-looking statements. Such factors include, among
others, the impacts and implications of the COVID-19 pandemic, the
successful commercialization of our products, market acceptance of
our products, regulatory approval and regulation of our products
and other factors and risks identified from time to time in our
filings with the Securities and Exchange Commission, including our
Annual Report on Form 10-K for the fiscal year ended December 31, 2022. All forward-looking statements
contained in this press release speak only as of the date on which
they were made and are based on management's assumptions and
estimates as of such date. Except as required by law, we do not
undertake any obligation to publicly update any forward-looking
statements, whether as a result of the receipt of new information,
the occurrence of future events or otherwise.
CONTACT:
Investors:
Robert Blum, Joe Dorame, Joe Diaz, Lytham Partners,
LLC,
602-889-9700, senestech@lythampartners.com
Company:
Tom Chesterman, Chief Financial
Officer, SenesTech, Inc.,
928-779-4143 x825
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SOURCE SenesTech, Inc.