TyraTech, Inc. Trademark Licensing Agreement with Terminix (0359N)
25 September 2012 - 4:01PM
UK Regulatory
TIDMTYR
RNS Number : 0359N
TyraTech, Inc.
25 September 2012
25 September 2012
TyraTech, Inc.
(the "Company" or "TyraTech")
Trademark Licensing Agreement with Terminix
TyraTech, Inc. (AIM: TYR and TYRU), a natural life sciences
company, is pleased to announce that it has entered into a
trademark licensing agreement ("Licensing Agreement") with Terminix
International Company ("Terminix").
Under the Licensing Agreement, TyraTech will manufacture, market
and support a new line of Terminix-branded insecticide products
targeting the consumer household market in the U.S. The products
feature TyraTech Nature's Technology(TM) which utilizes synergistic
combinations of natural materials to produce innovative insect
control products that are highly effective and safe. Laboratory
testing has shown the Company's products to be as or more effective
than leading synthetic insecticides.
"By integrating the power of the Terminix brand with TyraTech
Nature's Technology(TM), we are introducing a market changing range
of safe and effective household insecticide products to consumers
and we expect to confirm our distribution arrangements shortly,"
said Alan Reade, TyraTech's Executive Chairman.
Shayne Wetherall, TyraTech's Vice President of Commercial
Operations added, "Entering into the Licensing Agreement with
Terminix is an important step in the commercialization of
TyraTech's technologies. TyraTech looks forward to making these
products available to US consumers in 2013."
For further information please contact:
TyraTech Inc.
Alan Reade, Executive Chairman
Tel: +1 919 415 4310
Peter Jerome, Chief Financial Officer
Tel: +1 919 415 4280
N+1 Brewin, Nominated Adviser and Joint Broker
Aubrey Powell / Robert Beenstock / Alex Wright
Tel: +44 20 3201 3710
First Columbus LLP, Joint Broker
Chris Crawford
Tel: +44 20 3002 2070
About TyraTech
TyraTech, Inc., established in 2004, utilizes its proprietary
novel technology to fill the unmet and increasing global demand for
effective, safe, and natural pesticide technologies for human and
animal health.
TyraTech's products incorporate a unique blend of potent natural
active ingredients and have applications in a number of markets
including consumer, commercial, professional pest control,
agriculture, human and animal health, vector control and animal
health markets.
About Terminix
Terminix is a subsidiary of The ServiceMaster Company, a U.S.
company based in Memphis, Tenn. and one of the world's largest
residential and commercial service networks.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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