PHOENIX, Feb. 8, 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 Evicom, an environmental management firm based in
Australia with distribution
throughout Australia, New Zealand and the surrounding region.
"Evicom is an environmental management company that is
technology-led and focused on sustainable solutions for the
management and control of pests. They already have experience with
fertility control as applied to pigeons. With that experience and
focus, we are confident they are the right partner to introduce
EvolveTM into their broad markets," said Joel Fruendt, SenesTech's President and CEO.
"Australia and New Zealand have great potential for our
fertility control products, with excellent economies and a strong
dedication to environmentally sound and sustainable methods and
products. Australia is
experiencing periodic 'rat plagues', and New Zealand has initiated a nationwide effort
to eradicate invasive Norway rats
by 2050 – so we know the demand is there," continued Mr.
Fruendt.
The agreement with Evicom includes annual minimums, and that
Evicom will take the lead on regulatory approvals.
"Evicom is thrilled to be appointed exclusive distributors of
Evolve for Australia and
New Zealand. Knowing SenesTech
really cares about humanely managing animal populations through
innovative fertility control aligns with our business strategy,"
said Simon de Bono, Managing
Director of Evicom. "It is a fantastic opportunity to partner
with SenesTech to add Evolve to our product range and offer
customers the first and only soft bait for reducing fertility in
rats with no risk to human health or the environment."
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/
About Evicom
Evicom is focused on providing technology
led and focused environmental consulting and on-ground
environmental and feral management to all types of clients
including aviation companies, local and state government, mining
and resource sectors, construction, private companies, property
developers, private landowners, and community groups.
The company operates across Australia and New
Zealand. With 20+ years combined experience in environmental
management and wildlife control we pride ourselves on designing
custom-built, flexible, scalable, and cost-effective solutions that
exceed customers' expectations.
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 confidence that Evicom is the
right partner to introduce Evolve into their broad markets; and our
belief that Australia and
New Zealand have great potential
for our fertility control products, with excellent economies and a
strong dedication to environmentally sound and sustainable methods
and products. 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.