announcement just out

Heliothis will be the next revenue generating product after lucitrap ( now selling via Bayer) . This product has had successful trials in Australia.

cheers.




CARDIA TECHNOLOGIES LIMITED 2003-06-11 ASX-SIGNAL-G

HOMEX - Brisbane

+++++++++++++++++++++++++
The Board of Cardia Technologies Ltd ("Cardia") is pleased to
announce that its 42% owned agricultural biotechnology company
Bioglobal Pty Ltd ("Bioglobal") has lodged an International
Application for a "Noctuid Attractant Composition" to combat
agricultural moth pests.

Bioglobal has also initiated negotiations with the United States
Department of Agriculture for a Co-operative Research and Development
Agreement to trial the technology on the Heliothis moth in the USA
cotton fields.

As previously advised, the product is currently being trialled to
combat moth pests on cotton, grain, legume and vegetable crops. The
Heliothis moth inflicts heavy damage on these crops and the worldwide
market for the product is estimated to be in excess of $700 million.
The product aims to take advantage of insect behaviour to provide a
'greener' alternative to hard-option chemicals, and the trademark
"Bio-Attract" has been registered in Australia and the USA as the
brand under which this product will eventually be sold.

REDUCTION OF CHEMICAL USAGE

The attractant composition is used to pull the adult pests from
surrounding areas, and when combined with standard insecticides
(rotated for resistance management) will kill the pests after they
feed on the compound. Initial trial results on cotton, grain and
legumes indicate that chemical insecticide usage can be reduced by up
to 98%.

EXTENSION TO VEGETABLE CROPS

Bioglobal has also lodged a provisional patent for an "Insect Bait
Station" for use in vegetable crops such as tomatoes, cabbage,
celery, sweetcorn and lettuce. Trial work over summer 2003 led to the
development of this novel insect bait station. Many devices for
trapping or baiting insect pests are known. Many are impractical and
inefficient and insecticide usage has not diminished, with millions
of gallons of chemicals sprayed on crops annually.

The Insect Bait Station differs from Bioglobal's LuciTrap technology
for sheep blow flies currently being distributed by Bayer Australia
Ltd in that they do not aim to capture or retain insects but simply
attract them to the station where they walk on or feed on the killing
agent.

P Volpe
CHAIRMAN