News
Launch and first order for TyraTech Crawling Insect Spray for the hospitality industry
16 October 2007
TyraTech Inc. (AIM: TYR), the pioneer of safer, effective and natural pesticide products, today announces the commercial launch of its Crawling Insect Spray, the first product from its TyraTech “Naturals” range.
A division of one of the largest US food service distributors has signed a Florida distribution agreement with TyraTech and has placed its first order for the spray. The agreement will enable TyraTech to target hotels, restaurant chains, hospitals, schools and other facilities across Florida.
The TyraTech Crawling Insect Spray uses a proprietary blend of natural plant oils to deliver a superior combination of potent broad-spectrum insect control coupled with improved safety to humans and animals. TyraTech’s formulation is ideal for use by the hospitality industry and other markets linked to inhabited spaces that require effective and responsible pest control, ensuring commitment to customer and public health.
Commenting on the launch, Douglas Armstrong PhD, Chief Executive Officer of TyraTech, said: “The US$30 billion global pesticide market has struggled to deliver products that meet the combined safety and efficacy requirements that commercial and institutional facilities face in their everyday business practices. With an established customer base and distribution channels into key markets, we have an ideal partner to bring our Crawling Insect Spray directly to those industries demanding effective pest control action with an unsurpassed safety profile.”
TyraTech’s Crawling Insect Spray treats a range of common pests including: cockroaches, drain flies, fruit flies, ants, bed bugs, dust mites and spiders. Based on a proprietary blend of plant oils, the spray’s active ingredients selectively target sensitive receptors found only in invertebrates to ensure fast, effective pest control. Unlike synthetic chemical insecticides, TyraTech’s product is safer for regular use in places of high human exposure including heavily trafficked public spaces as well as food preparation and storage areas. The product can be used while people carry on their day-to-day activities, eliminating the need for quarantine or evacuation that is required with many chemical pesticides.
For further information
| TyraTech Inc. Alan Reade, Executive Chairman www.tyratech.com |
1 (321) 409 - 7720 |
| Nomura Code Securities | |
| Charles Walker/ Clare Terlouw | Tel: +44 (0) 20 7776 1200 |
| www.nomuracode.com |
Media enquiries:
Abchurch |
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| Heather Salmond | Tel: +44 (0) 20 7398 7700 |
| heather.salmond@abchurch-group.com | |
| Gareth Mead | |
| gareth.mead@abchurch-group.com | www.abchurch-group.com |
About TyraTech
TyraTech is pioneering a new class of highly effective, non-toxic, pesticides and anti-parasitic compounds to address global agriculture, horticulture, functional foods, healthcare and veterinary markets. Using a revolutionary chemoreceptor screening process, TyraTech has identified proprietary blends of natural oils that stimulate the reactions and biological behaviour of insects and parasites so that they can be effectively repelled or killed. TyraTech’s technology prevents the development of resistance and avoids the environmental concerns and human health risks of chemical solutions whilst still being at least, if not more, effective.
The Company’s products have been validated through strong partnerships with multinational conglomerates operating within a growing US$23 billion worldwide market that is being increasingly driven by environmental legislation and end-user demand.
TyraTech continues to develop new product applications based on safe, natural ingredients with a broad range of partners around the world. www.tyratech.com
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