SOI soil sub technologies limited

SOIL SUB TECHNOLOGIES LIMITEDABN 39 078 388 155ASX AND MARKET...

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    SOIL SUB TECHNOLOGIES LIMITED
    ABN 39 078 388 155
    ASX AND MARKET ANNOUNCEMENT
    28 October 2008
    NUTRIMIX™ MIDDLE EAST HEADS OF AGREEMENT SIGNED
    Soil Sub Technologies Limited (“Soil Sub”) advises that it has signed a Heads of Agreement (“HoA”) with a
    major organisation which has an extensive network throughout the Middle East region for the promotion and
    sale of NutriMix™.
    Under these Heads of Agreement a joint venture company has been formed and a Shareholders’ Agreement
    is in the process of being finalised.
    Further details of the arrangement will be released once the negotiations have been completed and a contract
    signed.
    For further information, contact
    Graeme Scott, Executive Chairman
    About Soil Sub Technologies Limited:
    Soil Sub Technologies Limited has developed intellectual property rights including patents enabling it to
    manufacture and market, a highly water retentive, nutrient efficient fully organic growing medium product under
    the brand name “NutriMix™”. NutriMix™ is manufactured from renewable waste resources produced by the
    processing of other agricultural products which are available in abundance in many parts of the world.
    The efficacy of NutriMix™ has been shown in independent international trials, while the commercial utility has
    been demonstrated in the Company’s first licence agreement in June 2007 for the use of the product in a Chinese
    government sponsored bio-diesel project in the Jiangxi Province.
    Soil Sub Technologies Limited
    Suite 18, 30 Park Road
    Milton QLD 4064
    Telephone +61 (0)7 3368 3557
    Fax + 61 (0)7 3368 1138
    Email [email protected]
 
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