• PRODUCT REVENUES grew to US$2.9 million, (2008: US$1.0 million)
• OVERALL REVENUE increased to US$6.6 million (2008: US$5.9 million)
• NET LOSS before and after tax for the period reduced significantly US$13.9 million, (2008: US$17.4 million).
• NET CASH used in operations fell to US$7.9 million (2008: US$17.9 million)
HIGHLIGHTS
- Successful launch of the SafeShield product in the consumer market through our partnership with Terminix International
- Terminix Natural Pest Control Contact Insecticide and Terminix Natural Drain Fly Killer sold and distributed into institutional, commercial and government markets
- Second milestone successfully achieved in functional foods contract with Kraft
- Partnership with Arysta produced first crop protection product, Shooter™ based on TyraTech Nature's Technology™, to provide an Eco-Responsive™ approach to insect control in commercial agriculture to be launched in 2010
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