BPO 0.00% 0.3¢ bioprospect limited

BPO NEUDORFF !, page-2

  1. 4,756 Posts.
    Signs Neudorff to Evaluate QCIDE

    BIOPROSPECT LIMITED 2002-10-29 ASX-SIGNAL-G

    HOMEX - Perth

    +++++++++++++++++++++++++
    BioProspect Limited is pleased to announce that W.Neudorff GmbH of
    Germany has been selected to evaluate Qcide for the Household and
    Domestic garden market in Europe.

    A subsidiary of the Dr Paul Lohmann Group, Neudorff is a market
    leader in the European natural product derived domestic gardening and
    agricultural fields. The insecticide market targeted by Neudorff is
    worth more than 25 million Euro (AU$43.8 million) in Germany alone.
    With 600 employees in the group, this company based in Germany
    specialises in the development and manufacture of chemicals and
    pharmaceuticals.

    Neudorff will begin their preliminary evaluation of Qcide in the
    ornamental garden market testing on aphids, white fly, spider mites
    and mealybugs. With lead products in the insecticide and snail and
    slug areas, Neudorff has extensive distribution throughout Europe
    including the UK and France.

    BioProspect's collaboration with Neudorff ensures penetration into
    the European natural pesticide market which has led the world in the
    move away from the traditional pesticide products.

    BioProspect Chief Executive Officer Selwyn Snell added "BioProspect
    is proud to be associated with Neudorff which is a leading European
    natural product company focussing on the European home garden market.
    It is a company that exhibits both innovation and quality in both its
    R&D as well as its marketing and sales activities"'.

    The arrangement with Neudorff is the first that BioProspect has
    established outside of the crop protection market. The Company is
    focussed on a strategy that will ensure that Qcide is evaluated in
    all its target markets including crop protection, animal health,
    industrial, garden and domestic use. BioProspect estimates that the
    size of these markets combined is AU$20 billion.


    S Snell
    CHIEF EXECUTIVE OFFICER

    For further information, please contact:

    Mr Selwyn Snell - Chief Executive Officer
    (Ph) +61 7 3229 5755

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    Fig Jam

    I don't hold BPO
 
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