Further Expansion in the Region Is
Contemplated in the Agreement
PHOENIX, Feb. 5, 2024 /PRNewswire/ -- SenesTech, Inc.
(Nasdaq: SNES; "SenesTech" or the "Company"), the leader in
fertility control to manage animal pest populations, today
announces entry into a Distribution Agreement with Agro Technic PTE
Ltd, a pest control product manufacturer and distributor
headquartered in Singapore.
"Agro Technic is a leading manufacturer and supplier for
equipment and chemicals in Singapore, with a strong presence in public
health vector control, professional pest control and plant
protection. With their focus on putting forth customized solutions
to meet customers' needs in Singapore and throughout the region, they are
an excellent partner for SenesTech as we address that market," said
Joel Fruendt, SenesTech's President
and CEO.
The agreement with Agro Technic includes both a substantial
initial stocking order and annual minimums.
Heng Yiwei, Managing Director of Agro Technic, stated,
"Singapore is a city in a garden,
the modern metropolis of the region. Agro Technic has been at the
forefront of bringing in innovative solutions for the public health
sector since the 1970s. We continue to do so year on year, bringing
to market solutions that are not only environmentally friendly but
most importantly effective! The product range that Senestech
offers, is a perfect fit to our business model, long term strategy,
and market positioning and runs in tandem with the requirements of
our garden city. Together with Senestech, we look forward to making
Singapore our flagship from where
we will spearhead the adoption of a cleaner, greener, more humane
form of rodent management to the rest of the region. Let's
EVOLVE!"
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.
About Agro Technic
With a presence in public health
vector control, professional pest control to even plant protection,
with our richness in knowledge and experience, we are able to put
forth customized solutions that have proven to be highly effective
in meeting our customers' needs.
Through the years, AGRO TECHNIC has evolved to become a synonym
for high quality products, top-notch innovation and unrivaled
customer service in the business. We view the development of best
solutions for your everyday public healthcare problems as an
exciting commitment, a driving force that spears us towards
betterment.
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 Agro Technic is
an excellent partner for us; Argo Technic's plan, together with us,
to make Singapore its flagship
from where Argo Technic will spearhead the adoption of a cleaner,
greener, more humane form of rodent management to the rest of the
region; and our expectation that Argo Technic intends to move
quickly within Singapore and
throughout their regional network of relationships. 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
View original content to download
multimedia:https://www.prnewswire.com/news-releases/senestech-announces-exclusive-distribution-agreement-and-initial-order-for-evolve-soft-bait-in-singapore-302052837.html
SOURCE SenesTech, Inc.