Further Expansion in the Region is Contemplated in the Agreement
PHOENIX, June 5, 2023 /PRNewswire/ -- SenesTech, Inc. (NASDAQ: SNES, "SenesTech" or the "Company"), (www.senestech.com) the rodent fertility control experts and inventors of the only EPA registered contraceptive for male and female rats, announced entry into a Distribution Agreement with Pesterminators Pvt Ltd of Maldives ("Pesterminators") for the deployment of ContraPest® into Maldives. As Pesterminators is part of an multinational pest control organization, the potential expansion of the agreement throughout the region is contemplated in the agreement.
"Pesterminators is a leading provider of pest management solutions, committed to providing the best possible service while maintaining a safe and sustainable environment. As such, that makes them a perfect partner, and makes ContraPest the perfect addition to their integrated pest management programs," said Joel Fruendt, SenesTech's President and CEO.
"Our discussions include more than Maldives, however. With Pesterminators, I fully expect that we have the right partner for expansion into new markets in south Asia," continued Mr. Fruendt.
"We are thrilled to announce our partnership with SenesTech and the distribution of ContraPest® in the Maldives," stated Mr. Sathes Ramachandran, CEO of Pesterminators Pvt Ltd. "At Pesterminators, we are dedicated to delivering effective pest management solutions while prioritizing the safety and sustainability of our environment. The addition of ContraPest to our integrated pest management programs aligns perfectly with our commitment to innovative and eco-friendly strategies."
"This collaboration with SenesTech opens up exciting possibilities beyond the Maldives. With their support and expertise, we are confident in our ability to expand into new markets in South Asia, catering to the growing demand for advanced rodent control solutions," Mr. Ramachandran added.
About SenesTech
We are the experts in rat fertility control. Our passion is to create a healthy environment by better controlling rat pest populations. We keep an inescapable truth in mind. Two rats and their descendants can be responsible for the birth of up to 15,000 pups after a year. We invented ContraPest, the only U.S. EPA registered contraceptive for male and female rats. ContraPest fits seamlessly into all integrated pest management programs, greatly improving the overall goal of effective rat management. We strive for clean cities, efficient businesses, and happy households – with a product that was designed to be effective and sustainable without killing rats. At SenesTech, we are committed to improving the health of the world by humanely managing animal populations through fertility control.
For more information visit https://senestech.com/ and https://contrapeststore.com.
About Pesterminators
Pesterminators Pvt Ltd, a leading pest control organization in the Maldives, is dedicated to providing comprehensive and sustainable pest management solutions. With a focus on customer satisfaction, environmental sustainability, and cutting-edge technologies, Pesterminators has emerged as a trusted name in the industry.
Pesterminators understands the unique pest challenges faced in the Maldives. Their team of highly trained professionals possesses extensive knowledge of local pest species, their behaviors, and effective strategies for control and eradication. From rodents to insects and termites, Pesterminators has the expertise to tackle any pest-related issue efficiently and effectively. Pesterminators sets itself apart through its holistic approach to pest management. They embrace integrated pest management (IPM) techniques, prioritizing long-term prevention and eco-friendly solutions. By minimizing the use of harmful pesticides and adopting sustainable practices, Pesterminators preserves the delicate ecological balance of the Maldives.Committed to excellence, Pesterminators believes in building lasting relationships with clients by providing personalized attention and tailored solutions. Thorough inspections, education on pest prevention, and ongoing support ensure a pest-free environment.
Pesterminators proud to partner with SenesTech, Inc., a leader in rodent fertility control. This collaboration highlights Pesterminators' commitment to integrating innovative solutions into their services. As a result, Pesterminators now proudly offers ContraPest®, the only EPA registered contraceptive for male and female rats, further enhancing their ability to combat rodent populations sustainably.
For more information, visit www.pesterminators.com.mv
For further information about the partnership and the availability of ContraPest in the Maldives, please contact the Pesterminators media relations department at info@pesterminators.com.mv or through contact numbers +960 334 2930/ +960 972 1122 / +960 971 5511 / +960 971 2211
Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of federal securities laws, and we intend that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements include, among others, our belief that Pesterminators is an excellent partner for us; and our belief that we will be able to expand our work with Pesterminators across south Asia. Forward-looking statements may describe future expectations, plans, results or strategies and are often, but not always, made through the use of words such as "believe," "may," "future," "plan," "will," "should," "expect," "anticipate," "eventually," "project," "estimate," "continuing," "intend" and similar words or phrases. You are cautioned that such statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those reflected by such forward-looking statements. Such factors include, among others, the impacts and implications of the COVID-19 pandemic, the successful commercialization of our products, market acceptance of our products, regulatory approval and regulation of our products and other factors and risks identified from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2022. All forward-looking statements contained in this press release speak only as of the date on which they were made and are based on management's assumptions and estimates as of such date. Except as required by law, we do not undertake any obligation to publicly update any forward-looking statements, whether as a result of the receipt of new information, the occurrence of future events or otherwise.
CONTACT:
Investors: Robert Blum, Joe Dorame, Joe Diaz, Lytham Partners, LLC,
602-889-9700, senestech@lythampartners.com
Company: Tom Chesterman, Chief Financial Officer, SenesTech, Inc.,
928-779-4143
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SOURCE SenesTech, Inc.
