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The Company has secured a contract to supply The Active Group, a UK based producer and distributor of agricultural products, with a range of hoof and teat care products containing Byotrol technology in both concentrate and pre-mix form for use by livestock farmers. Products to the value of £250,000 are to be delivered in March 2008 and the annual call off is expected to be around £1 million in the first year.
The Directors of Byotrol believe the dairy cattle sector will be an important market for the Company and expenditure on sanitising products is estimated to be worth in excess of £35 million per annum in the UK, with equally significant opportunities in Western Europe and North America.
The Company’s teat and hoof care products were launched at one of the UK’s leading agricultural events, the Royal Bath and West of England Dairy Show, in January this year.
Food Sector – Marks and Spencer (“M&S”) Accreditation and Heinz Order
The Company is very pleased to report that M&S has approved Byosan as an Approved Terminal Disinfectant for use within M&S’s Food Manufacturing Supply Chain. Accordingly, Byotrol is now approved to supply organisations that process and manufacture food products on behalf of M&S.
Approval was granted following an eight month, three stage project involving initial laboratory verification of the technology by the Campden and Chorleywood Food Research Association followed by a period of commercial validation conducted by Pennine Foods (part of Northern Foods). Hygiene, technical and final commercial validation was conducted in conjunction with Pennine Foods.
In the Director’s opinion the approval with M&S opens up potentially significant sales opportunities following the approval with one of the UK’s most reputable food retailers. It also opens up sales opportunities within Northern Foods, as a result of the work conducted with Pennine Foods.
The Company has also secured its first order to supply food manufacturer H J Heinz with Byotrol technology in one of its facilities in Cumbria. The initial order follows extensive evaluation conducted by H J Heinz to establish the efficacy of the Byotrol technology. Studies of Byotrol products are being conducted at other Heinz sites.
Healthcare Sector – Care UK Deployment Complete and Pre-School Care Order
The Company’s health distribution partner, Synergy Healthcare, has completed the installation of more than 4,000 hand dispensers that use hand hygiene products containing Byotrol technology into Care UK, a leading independent provider of health and social care service solutions. The completion of this installation will lead to an annual ongoing provision of product to Care UK.
The Company has also secured an initial order for £30,000 of product to be supplied for use in the pre-school and playgroup sectors where Byotrol technology is being used under the Toyguard brand to enable playgroup operators to clean equipment and toys used in the pre-school setting.
Consumer Products
Byotrol’s joint venture, Byotrol Consumer Products limited, set up with leading innovation company What If, continues to make strong progress with a number of leading companies in the target consumer goods sectors and the business plan for this joint venture is in line with the original timescales set out at the time of launch.
Commenting on these developments Stephen Falder, Deputy Chairman of Byotrol plc said:- “In the food sector we have set out to secure accreditation and orders at the very highest level with three of the UK’s leading food manufacturers. These pave the way for sales right across the food industry supply chain.
“We are now starting to demonstrate commercial returns across a number of sectors and are looking to build on these successes in the months ahead.”