2nd September 2013
Exosect Limited announced today (2nd September 2013) that they have reached an agreement with Xenex Associates owned, Pest Trader business for the expanded distribution of their Public Health products for professional use; Exosex SPTab (for the control of stored product moths in food production) and CLTab (for clothes moth). The distribution agreement is for Europe and is effective of 1st October 2013. All other current distribution agreements remain unaffected.
In addition Pest Trader has acquired from Exosect full exclusive global manufacturing, IP and commercialisation rights for the Exoroach® cockroach trap. The purchase amount has not been disclosed.
Martin Brown CEO of Exosect commented “This appointment together with the divestment of Exoroach®, allows Exosect to focus its resources on the strategic development and licensing of its patented delivery platform, Entostat. Pest Trader will be able to provide a high level of support to customers and increase market penetration of our products in Europe.”
“These new arrangements”, said Rob Fryatt, Director of Xenex Associates “are an excellent fit with the further development of our Pest Trader business which markets a range of unique and niche prevention monitoring and placement products from all corners of the globe”. He further commented “We know the products well from our previous consultancy work with Exosect and have the team in place - Marketing, Technical and Customer Management - to increase the support of the products”.
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Notes to Editors
About Pest Trader
Pest Trader is the trading division of Xenex Associates Ltd, the leading international business consultants to markets Beyond-Agriculture. Pest Trader market a range of unique and individual pest management products focused on pest prevention, pest monitoring and placement of chemicals sourced from around the globe.
For further information please contact: Georgina Donovan at Exosect.
Tel: +44 23 8060 3939 or email: firstname.lastname@example.org
Char Taylor at Xenex Associates: email@example.com +44 1403 791593