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Ann: DTZ Signs US$15m Distribution & Sales Agreement for China, page-5

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    DOTZ NANO SIGNS AGREEMENT FOR DISTRIBUTION AND
    SALES OF GQDS IN CHINA VALUED AT US$15 MILLION
    • Distribution and Sales Agreement signed with China Israel (hengqin) Science
    Technology Innovation Center Ltd. ("CisticPoly")
    • Agreed terms include distribution and minimum sales of GQDs in China
    • Total Agreement valued at minimum US$15 million over 3 years, on minimum
    commitments
    • Calendar year 2018 minimum commitment valued at US$2.5 million
    • Sale minimums are conditional on CisticPoly's or third-party approval of product
    specifications
    • Potential for joint venture for establishment of Chinese GQD manufacturing facility
 
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