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UAE expansion pursues regional strategy in collaboration with Pesterminators
PHOENIX, Jan. 2, 2024 /PRNewswire/ — SenesTech, Inc. (Nasdaq: SNES; “SenesTech” or the “Company”), the leader in fertility control to manage animal pest populations, today announces the expansion of its distribution agreement with Pesterminators Pvt Ltd to include the deployment of EvolveTM. This expansion also extends the territory into the United Arab Emirates (UAE) market through the Pesterminators subsidiary, TCS Global for General Trading LLC in UAE.
“This expansion is part of our regional strategy as we collaborate with Pesterminators and follows the successful launch of our ContraPest products in the Maldives. This distribution agreement expanded their initial garage order for Evolve, as well as an expanded territory that now includes the United Arab Emirates. Emirates,” said Joel Fruendt, President and CEO of SenesTech.
“The UAE has implemented strict measures in recent years to prevent the use of destructive chemicals. Dubai’s health officials have issued warnings about contracting illegal businesses, with municipal regulations prohibiting the importation, handling and industry of insecticides without a permit, and restricting “the use of poisons in sensitive areas. ” Pesterminators is committed to introducing sustainable responses to the pest segment and maintains a strong position in the UAE. Evolve aligns well with our pest control practices and meets the regulatory needs of the region,” said Mr. Evolve. . Sathes. Ramachandran, Chief Executive Officer, Pesterminators Pvt Ltd and TCS Global, United Arab Emirates.
“Further regional expansion is expected as we proceed systematically with Pesterminators,” concluded Mr. Fruendt.
About SenesTechWe are committed to improving the health of the world by humanely managing pest populations through fertilityArrayWe are fertility experts to control pest animal populations. We invented ContraPest, the only contraceptive registered by the U. S. EPA. The U. S. Food and Drug Administration (FDA) has been used to test the U. S. Food and Drug Administration for male and female rats, and Evolve, an EPA-designated Minimal Risk Contraceptive recently introduced to rats. ContraPest and Evolve integrate seamlessly with all built-in pest control programs, greatly modifying the overall purpose of effective pest control. We aspire to leave cities blank, efficient businesses and satisfied families, with a product designed to be humane, effective and sustainable.
For more information, https://senestech. com/ and https://contrapeststore. com.
Safe Harbor StatementThis 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 in the UAE and the South Asian region. 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 x825
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SOURCE SenesTech, Inc.