PHOENIX, Jan. 8, 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 EvolveTM,
its innovative soft bait fertility control solution, into the
broader market of open field agriculture. This expansion partners
with a global leader in irrigation solutions for sustainable
agriculture, and will begin at a California dairy and almond grower.
"Open field agriculture presents a unique challenge to rodent
pest control. Poisons can not be broadcast, and trapping is
expensive and of limited efficacy. The Evolve soft bait, with its
minimum risk, its reasonable cost, and its proven efficacy,
provides a new tool for this widespread market," said Joel Fruendt, SenesTech's president and CEO.
"We are partnering with one of the global leaders in irrigation
solutions, with a commitment to sustainability, and they have
selected one of their preferred customers for the initial
deployment, a diary and almond producer. Their stated goal is to
ultimately expand the offering of Evolve to their customers across
the globe as they learn more about Evolve's potential," continued
Mr. Fruendt.
Evolve addresses the fundamental issue of rodent overpopulation
by focusing on the rapid reproduction of rats. Evolve controls the
population by reducing or eliminating the fertility of rats, rather
than trying to keep up with the growing numbers of an infestation
with poisons alone. The active ingredient in Evolve effectively
reduces fertility in rodents in numerous independent studies.
Evolve is highly palatable to rats, easy to deploy, offers diverse
placement in many different environments and is priced
competitively to rodenticide alternatives.
The broader agricultural market represents a significant
opportunity for Evolve. Rodents are reportedly responsible for
destroying nearly 20% of the world's stored food supply due to
consumption and contamination.
Further, California has enacted
legislation restricting the use of the four major second generation
anticoagulant rodenticides (SGARs), or poisons, which has created a
need in the market for non-lethal, effective pest control
alternatives.
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 this is an
excellent partner for us; and our belief that we will be able to
expand our work with open air agriculture. 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.