termites...

Searching for hte most likely next news.
This ann suggests late Dec 06 - so now being nearly mid Jan, looks like a possibility.
This project excites me.

The Manager
Company Announcements
Australian Stock Exchange
Level 4, 20 Bridge Street
Sydney, NSW 2000
27 November 2006
BioProspect progresses with natural termite product development.
BioProspect Limited (ASX: BPO) today advises that the company has entered into an agreement
with Ensis (an unincorporated joint venture between CSIRO FFP Pty Ltd and Scion Australasia
Limited involved in forest industries research) to develop a number of formulations that will
impregnate Eremophilone (AP 778 in the form of a natural oil) into commercial timber products.
The project with Ensis will start immediately to develop formulations at varying concentrations
in Pinus radiata (Pine is the world’s largest source of plantation timber) in the first stage. It is
aimed to have candidate formulations prepared by late December 2006.
The ability to develop an appropriate formulation for a timber product resistant to termites is an
important step in the progression towards a possible commercial product based on the use of a
naturally derived and environmentally safe compound.
Recent trial results from Narrandera N.S.W have indicated minimum volumes that the natural oil
should be impregnated into commercial timber in order to achieve termite repellancy.
The timber samples will then undergo bioassay and analytical assessment to determine the best
candidate to carry through to termite efficacy trials, biochemical testing, environmental and
mammalian toxicity evaluations in the field that will generate data for registration in Australia.
Further formulation work focusing 2 other commercial termite products containing
Eremophilone will begin shortly.
For any further information, please contact the company’s General Manager Warwick Dowse
Colin Johnston
Company Secretary