Did anyone pick this up in 2003 annual report (see last...

Did anyone pick this up in 2003 annual report (see last paragraph of this post)?


IN THE MICROGENIX JOINT VENTURE
· A Business Model including a global Marketing & Sales Strategy for Microgenix products has been developed and is being implemented
· Limited production commenced based on prototypes that were tested in U.K.
· R&D has continued for refinement and development of products using the Microgenix technology
· A Reference sites program has started for selected niche markets
o Defence Industry - T45 Destroyer Contract for U.K Royal Navy & Greek Olympic Games
o Hospitality Industry - Luxury Unit Block West London
o Medical Industry - U.K, Irish & Russian Hospital Trial Units
o Manufacturing – Yoghurt factories
· New Distributors and Agents have been appointed or are in negotiation for Marketing and Distribution in
o Germany
o Austria
o Russia
o Greece
o Turkey
o Indonesia
o China
o Australia
o Singapore
o Dubai
o Hong Kong
o and in some specialised market segments of industry.

In China the negotiations have been lengthy and complex since the P.R.C is a highly regulated society generally, and numerous government approvals are required, particularly in heavily regulated sectors such as health and hospitality which have been identified as primary markets.

The Board is very confident that it will be in a position shortly to announce the finalisation of a number of contracts that will establish production and marketing for products deploying Microgenix technology in the P.R.C and a very cost effective manufacturing supply source for other markets.