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Market: AIM
Sector: Chemicals
EPIC: TYR
Latest Price: 3.25p  (-7.14% Descending)
52-week High: 38.00p
52-week Low: 3.25p
Market Cap: 3.12M
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TyraTech Inc.
www.tyratech.com

TyraTech Nature's Technology effectively controls insects and parasites while providing a new level of safety for people, animals and the environment. TyraTech's patented scientific process targets receptors active only in invertebrates, not in humans or animals. TyraTech leverages this scientific platform to develop natural products that are as effective as traditional chemical options.

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TyraTech to continue collaboration with Terminix

2nd Feb 2012, 10:05 am by Giles Gwinnett Based on the strength of the discussions and the partnership, the companies will continue to collaborate as envisioned to develop and commercialise products that leverage TyraTech nature's technology and the Terminix brand, the company said today

TyraTech (LON:TYR) will continue to collaborate with Terminix - its main partner in the North American insect control market.

The two companies have renewed their relationship following positive discussions, the company said.

It comes following an announcement last month, when TyraTech said the pair were in talks after being told by Terminix that it was suspending distribution of TyraTech's SafeShield product to customers - not for performance reasons.

Based on the strength of the discussions and the partnership, the companies will continue to collaborate as envisioned to develop and commercialise products that leverage TyraTech nature's technology and the Terminix brand, the company said today.

TyraTech's vice president of commercial operations Shayne M Wetherall said: "We have enjoyed a strong and productive relationship with Terminix that continues to produce compelling and differentiated products.

"We look forward to continued collaboration, leveraging the power of our technology with the Terminix brand, to meet the growing demand for highly effective natural insect control solutions."
 
The firm added today that it remained positive about its medium and long-term prospects and are continuing to evaluate their funding options.

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