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TyraTech Inc.: Placing and admission to trading
25 May 2007
TyraTech is developing and commercialising natural, safer and highly effective plant-oil derived products to kill or repel insects and parasites. These products are selectively toxic to invertebrates through the targeting of specific chemo-receptors present in insects, parasites and other invertebrates, but absent from humans and other mammals. The Company has more than 24 products in active development and plans to release six of these within the next twelve months. TyraTech is currently working with a number of leading blue-chip partners: Syngenta Crop Protection AG, The Scotts Company LLC, Arysta LifeScience North America Corporation, and Kraft Foods Holdings. “The positive international reception by high quality institutional investors reflects the exciting, innovative products that TyraTech is bringing to the global markets” said R. Douglas Armstrong, Ph.D., chief executive officer of TyraTech. “We are particularly indebted to our talented employees and appreciative of our world class partners for their ability to recognize and invest in a new standard of highly potent products that control insects and parasites yet are safer for humans, animals and the environment – a standard being increasingly sought by the pesticide industry and now recognized by the capital markets.” For further information:
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