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Ecosciences, Inc. Signs International Master Distributor Agreement With Its New Zealand and South African Distributor
Ecosciences, Inc. Signs International Master Distributor Agreement With Its New Zealand and South African Distributor.
About this update from Ecosciences, Inc.
[{"type":"text","content":"\n \n \n Ecosciences, Inc. Signs International Master Distributor Agreement With Its New Zealand and South African Distributor\n \n \nEcosciences, Inc. Signs International Master Distributor Agreement With Its New Zealand and South African Distributor\n\nTerritory Includes Africa and Australasia, Germany and The Netherlands\n\n \n JERICHO, NY--(Marketwired - Aug 25, 2015) - Ecosciences, Inc. (OTCQB: ECEZ) (\"Ecosciences\" or the \"Company\") is pleased to announce the signing of an exclusive International Master Distributor Agreement with Eco Logic Limited (\"Eco Logic\"), its current New Zealand and South African distributor of the Company's range of products for use in the biological treatment of wastewater. \n The Company sells its bio-remediation products to distributors who then resell them to end user customers. In the New Zealand market, Eco Logic Limited resells the Company's products under the Nova Tabs (www.novatabs.com) brand name. Past purchasers of the Nova Tabs in New Zealand have included McDonalds franchises as well as governmental body, the Tauranga City Council (www.tauranga.govt.nz). \n The International Master Distributor Agreement contractually formalizes the Company and Eco Logic's business relationship and is intended to increase product distribution and sales in New Zealand and other territories where Eco Logic has or is seeking customers. The term of the Agreement is for five years with successive five year terms if not otherwise terminated and the territory includes Africa, Australasia, Germany and The Netherlands. The Company recently shipped to Eco Logic a large order consisting of approximately 4,000 of the Company's TRAP-EZE tablets and 400 lbs. of the TRAP-EZE product in a powdered blend form marketed under the Nova Tabs brand for the South African market.\n The Company's management commented, \"Eco Logic has been a long time customer of ours and has recently begun placing larger orders with us. They have the right mix of ambition and execution which gives us confidence that this arrangement will add to our Company's long term growth.\" \n About Ecosciences, Inc. \n Ecosciences, Inc. focuses on building, acquiring and investing in businesses around ecological and life sciences. From waste water remediation to healthcare and more, Ecosciences, Inc. is committed to building a better li...