Business
Major Client Named
Major Client Named.
About this update from Time Finance Plc
[{"type":"text","content":"\n Timestrip PLC\n08 January 2008\n\nTIME.L\n\n Timestrip plc\n ('Timestrip' or the 'Company')\n\n Timestrip confirms Tetra as client, a division of the United Pet Group Inc\n\n\nThe Company announced in August that it had signed a $3 million, exclusive three\nyear rolling contract with one of North America's leading consumer product\ncompanies. We are delighted to confirm that the client is United Pet Group Inc.,\nthe world's leading marketer and manufacturer of Aquatic and Companion Pet\nproducts with market leading brand names such as Tetra.\n\nTimestrip smart labels will be integrated into Tetra's biggest selling aquarium\nfilter and will also be supplied with all replacement filter cartridges sold in\nthe North American market. Timestrip and UPG will unveil the newly designed\nfilter at this year's Global Pet Expo in San Diego from February 14th to 16th.\n\nThe agreement also provides for the adoption of the Timestrip smart label\ntechnology with other mass-market products in the UPG portfolio during the\ncourse of 2008.\n\n\nKevin Brenner, President, United Pet Group Aquatics - Americas, said:\n\n'Timestrip smart labels are an excellent and cost effective means of ensuring\nthat Tetra filter cartridges are changed regularly, thus providing an optimum\naquatic living environment. Our research has shown that customers welcome this\ntechnology. It makes the job of routine maintenance easier, and our exclusive\nadoption of the technology reinforces our position as the global brand leader in\nthis market.'\n\nPaul Freedman, Joint CEO of Timestrip, said:\n\n'We are delighted to officially announce Tetra as our client, which again\nhighlights both the application potential and versatility of our technology,\nwhich is now firmly establishing itself as an essential added value device for a\nbroad range of consumer appliances. We are confident of developing our\nrelationship with United Pet Group and look forward to continued progress in\n2008.'\n\n\nFor more information, please contact:\n\nPaul Freedman, Joint CEO, Timestrip plc 01462 440 700\nShane Dolan, Biddicks 020 7448 1000\nFergus Marcroft, Evolution Securities 020 7071 4300\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":2568,"tagName":"div"}]