Alcide and Novus Announce Agreement Termination.REDMOND, Wash.--(BUSINESS WIRE)--Oct. 8, 1998--Alcide Corp. (Nasdaq:ALCD ALCD Association of Law Costs Draftsmen ALCD Analogue Libraries on Low-Cost CMOS Digital Process (ESPRIT Project 8030) ) and Novus International Inc. today announced the termination of their May 21, 1997 Agreement covering Novus's distribution of Alcide Sanova(R) food antimicrobial antimicrobial /an·ti·mi·cro·bi·al/ (-mi-kro´be-al) 1. killing microorganisms or suppressing their multiplication or growth. 2. an agent with such effects. to the poultry poultry, domesticated fowl kept primarily for meat and eggs; including birds of the order Galliformes, e.g., the chicken, turkey, guinea fowl, pheasant, quail, and peacock; and natatorial (swimming) birds, e.g., the duck and goose. industry, effective November 30, 1998. As a result of this decision Alcide will now sell and distribute Sanova directly to the poultry processing industry which comprises some 200 plants in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The Sanova Food Quality System has been installed and has generated successful results in five commercial plants. Additional plants have indicated they intend to utilize the system and should be operational before year end. Dr. W. Joseph Privott, Novus President and Chief Executive Officer, said, "We believe that under controlled conditions the Sanova chemistry is the most effective food antimicrobial available to the industry. Unfortunately, the investment necessary to introduce the product and the margins generated do not provide sufficient return for sharing by two companies. We have agreed to work closely with Alcide during the transition." Joseph A. Sasenick, Alcide President and Chief Executive Officer, commented that, "We appreciate the past support of Novus and their willingness to supply support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services during the transition period. We believe that customer service is a key determinant determinant, a polynomial expression that is inherent in the entries of a square matrix. The size n of the square matrix, as determined from the number of entries in any row or column, is called the order of the determinant. of successful operation of the Sanova Food Quality System, and to this end we plan to bring together a business team of sales, engineering, technical services and logistics expertise to support the expansion of the Sanova Food Quality System to the poultry processing industry." Alcide Corporation is dedicated to the research, development and commercialization of antimicrobial products for animal health, human health and industrial applications. The Company holds substantial worldwide rights to its discoveries and technologies through various patents, patent applications, trademarks and know-how. Alcide disinfectant disinfectant, agent that destroys disease-causing microorganisms and their spores. Disinfectants, or germicides, are sometimes considered to be substances applied to inanimate bodies, whereas antiseptics, not so potent, are agents that kill microbes on living things. systems are unique in the market place. The Company's patented chemical compounds produce strong, rapid biocidal bi·o·cid·al adj. Of or relating to an agent that is destructive to living organisms. biocidal (bī´ōsī´d activity, a broad spectrum of kill and sustained activity against a wide range of disease causing microorganisms. This release includes forward looking statements which involve risk and uncertainty including, without limitation, risk of dependence on third party suppliers and distributors, market acceptance of and demand for the Company's products, distribution capabilities, development of technology and regulatory approval thereof. |
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