Chairman's Statement and
Operational Review
The progress of our technology platform continues to reinforce our confidence in
our ability to quickly and effectively develop new, potent and safe products for our
core markets:
• Household and institutional pest control
• Home and garden
• Human and animal health, and
• Crop protection
These markets will be accessed by focusing on key partnerships, such as those with Terminix, Kraft Foods and Arysta.
During 2009, we were able, for the first time, to demonstrate the value of our
technology in a commercial setting. This was with the successful launch of Terminix SafeShield™ through our partnership with Terminix International, the world's largest professional pest control company, for the consumer markets and Terminix Natural
Pest Control Contact Insecticide and Terminix Natural Drain Fly Killer being sold and distributed into institutional, commercial, and government markets. We are pleased
with the success of the commercialization of these products and believe it will serve
to reinforce and broaden our partnership in the coming year and thereafter.
Kraft continues to be a highly valuable and committed partner. The partnership
has made important and very positive technical strides, which not only reinforces our confidence in the human uses of our platform, but also confirms our belief that there
is future value and opportunity for this technology in other markets, such as animal functional food.
In the agricultural market our partnership with Arysta has produced the first crop protection product, SHOOTER. This is expected to lead to a range of products suitable for a variety of crops, which should create further commercialization opportunities outside of North America.
TyraChem is progressing with product testing of our active ingredients incorporated into plastics in final testing.
FROM ALAN READE
T YR AT ECH, INC. / ANNUAL R EPORT 20 0 9
