Business
USA Distribution Agreement and major PR campaign
USA Distribution Agreement and major PR campaign.
About this update from Symphony Environmental Technologies Plc
[{"type":"text","content":"\n \n\n\n\n\n\nRNS Number : 6798B Symphony Environmental Tech. PLC 23 February 2011 \n \n\n23 February 2011 \n \nSYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC\n \nUSA Distribution Agreement \nand\nMajor USA PR Campaign\n \nSymphony Environmental Technologies Plc (\"Symphony\" or \"Company\"), the specialist in advanced plastics technologies including controlled life and anti-microbial products, is pleased to announce that it has signed a 25 year distribution agreement (the \"Agreement\") with Timothy Murtaugh (T/A Symphony Environmental USA) (the \"Distributor\") for its d2w and d2p additives and products in the United States of America (\"USA\").\n \nHIGHLIGHTS: \n \n· 25 year distribution agreement to supply Symphony's d2w and d2p technologies and finished \nproducts in the USA;\n· USA based sales force will market and sell Symphony's products;\n· Symphony to be issued with 10 per cent. of the shares in the new US distribution company; and\n· Planning of a major joint public relations and marketing campaign throughout the USA commenced.\n \nUnder the 25 year distribution agreement the Distributor will exclusively distribute and market the Company's d2w and d2p additives in the USA (other than to certain existing Symphony customers). The Agreement also appoints the Distributor as Symphony's non-exclusive distributor of certain agreed finished products. The Distributor will market and sell Symphony's additives and products through an existing USA based sales force.\n \nDuring the nine months following the signing of the Agreement, Symphony will carry out a nationwide public relations and marketing exercise in the USA focusing on building brand awareness and recognition of plastic products incorporating d2w, to be co-ordinated by B...