BYOT Byotrol Plc

 

TIDMBYOT 
 
RNS Number : 9356O 
Byotrol PLC 
07 July 2010 
 

7 July 2010 
 
 
                                  Byotrol plc 
            Joint Development Agreement to develop and supply Byotrol 
            based products to consumer markets in the UK and Ireland 
  and an extension of the standstill agreement with a Fortune 150 Corporation 
 
Byotrol plc ('Byotrol' or 'the Company'), the leading AIM listed anti-microbial 
hygiene company, is pleased to announce that its joint venture, Byotrol Consumer 
Products Limited ("BCP"), has signed a joint development agreement (JDA) with 
McBride, to develop a liquid hard surface cleaner targeted at the consumer 
markets in UK and Ireland.  Under the JDA, Byotrol and Robert McBride Ltd, a 
member of the McBride Group of companies, Europe's leading supplier of Private 
Label household cleaning and personal care products, will develop and jointly 
market the product through to the end of the calendar year 2010.  Once the 
development programme is completed, the two firms intend to enter into a licence 
agreement to jointly supply the product to retailers. 
 
In addition, in December 2009, Byotrol entered into a six month standstill 
agreement with a Fortune 150 corporation over exclusive rights to enter into 
negotiations for the use of Byotrol's technology in the fields of pre-saturated 
wipes and certain surface care liquids.  This agreement offered the option of a 
three month extension subject to the payment of further non refundable fees. 
The counterparty has taken up their extension rights and will pay Byotrol and 
BCP US$120,000 for the extension. 
 
Commenting on the agreement, Gary Millar, Chief Executive at Byotrol plc, said: 
 
"The agreement with McBride is further evidence of progress in our strategy of 
partnering with significant suppliers and specialist distributors to our target 
sectors, whilst also providing additional endorsement of the technology. 
McBride is well recognised in Europe as one of the major forces in the private 
label market, and is found in all leading retailers.  This gives Byotrol a 
considerable lead into this sector. 
 
"We are also greatly encouraged by our ongoing relationship with our Fortune 150 
partner." 
 
 
Enquiries: 
 
Byotrol plc 
                        0161 277 9518 
Gary Millar, Chief Executive 
Richard Bell, Finance Director 
 
Arbuthnot Securities 
                   020 7012 2000 
Nominated Adviser 
Antonio Bossi / Henry Willcocks 
 
Winningtons 
                       020 3043 4162 
Tom Cooper / Paul Vann 
              0797 122 1972 
 
 
Notes to Editors: 
 
Byotrol plc (BYOT.L), quoted on AIM, is a leading microbial technology hygiene 
company, operating globally in the Health, Food, Leisure, Consumer, Industrial 
and Agriculture sectors, providing a low toxicity product with a broad-based and 
long lasting efficacy across all microbial classes; bacteria, viruses, fungi, 
moulds, microbacteria and algae. 
 
The Byotrol product can be used as a stand alone product or as a complementary 
biocide additive to existing products to improve their performance in personal 
hygiene, domestic and industrial disinfection, odour control, food production 
and food management. 
 
Founded in 2005, the Company has prioritised the development of a technology 
that creates easier, safer and cleaner lives through partnering with providers 
of essential goods and services.  Byotrol is the catalyst behind the aptly named 
global 'Hygiene Revolution'. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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