Global leader chooses Byotrol for consumer products development contract

11^th May 2011

Byotrol plc is pleased to announce that it has agreed a significant joint development contract between a Fortune 150 company and its 50% owned subsidiary Byotrol Consumer Products Ltd. The goal of this agreement is to develop a range of products containing Byotrol’s unique technology for global consumer markets.

Under the 9 month contract, BCP will receive between US$500,000 and US$1,000,000 in upfront, milestone-based payments, and offsets. The agreement entitles the Partner to exclusivities in certain global consumer markets and product forms, whilst providing funding for BCP’s product development activities. Both parties will commit technical, testing, market insight and customer testing resources to the project.