SenesTech Announces Sale of ContraPest® to Pestmaster Services® for First Deployment in California
FLAGSTAFF, Ariz., July 19, 2018 /PRNewswire/ — SenesTech, Inc. (NASDAQ: SNES), a developer of proprietary technologies for managing animal pest populations through fertility control, today announced the sale of ContraPest® to Pestmaster Services® (“Pestmaster”) for the first deployment in California. Pestmaster plans to immediately deploy ContraPest to new and existing customers who have been pre-selected for ContraPest. The order also includes stocking quantities for additional customers yet to be identified.
“We have worked with Pestmaster to identify and plan for the ideal deployment of ContraPest with a variety of customer types. We are aware of two immediate customers, an animal care facility and a large government agency, but we know there are others where Pestmaster has planned deployments,” said Tom Chesterman, EVP, CFO and head of commercialization for SenesTech. “Given Pestmaster’s reputation for quality and innovation, as well as their expertise in governmental contracting, we have no doubt that ContraPest will make rapid inroads into integrated pest management in California and throughout the Pestmaster network.”
ContraPest® is an innovative technology that targets the reproductive capabilities of Norway and roof rats. As a highly palatable liquid, the formulation promotes sustained consumption, helping to reduce fertility in both male and female rats, bringing populations down and keeping them down. Our delivery system is designed to minimize handler exposure, and ContraPest is dispensed inside tamper resistant bait stations, minimizing the risks to non-target species.
As a versatile tool, ContraPest can be used within Integrated Pest Management (IPM) programs to help reduce reproduction and magnify the success of IPM protocols or as a standalone, non-lethal solution for customers that are looking to reduce or eliminate the use of lethal methodologies.
ContraPest is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. Target species: Norway and roof rats
SenesTech has developed and is in the process of commercializing a proprietary technology for managing animal pest populations, primarily rat populations, through fertility control. For more information visit the SenesTech website at www.senestech.com.
Safe Harbor Statements
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors and other risks identified in our filings with the Securities and Exchange Commission. Forward-looking statements include but are not limited to, our expectations regarding the California pest control market, including our expectations regarding the timing of our marketing, sales and shipments of our products. All forward-looking statements contained in this press release speak only as of the date on which they were made and are based on management’s assumptions and estimates as of such date. We do not undertake any obligation to publicly update any forward-looking statements, whether as a result of the receipt of new information, the occurrence of future events or otherwise.
Investor: Robert Blum, Joe Dorame, Joe Diaz, Lytham Partners, LLC, 602-889-9700, email@example.com
Company: Tom Chesterman, Chief Financial Officer, SenesTech, Inc., 928-779-4143
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SOURCE SenesTech, Inc.