Aqua Bio Technology ASA: Distribution agreement signed for New Zealand and Australia

25.2.2021 20:54:59 CET | Aqua Bio Technology ASA | Inside information

Aqua Bio Technology ASA (ABT) has today signed an exclusive distribution
agreement with Moana Active Skincare Limited for New Zealand and Australia. As
informed in the stock exchange announcement on 10 September 2020
[https://newsweb.oslobors.no/message/513213], ABT retains its local presence and
knowledge through the conclusion of an agreement with Moana Skincare New Zealand
Limited. The duration of the agreement is three years.

"We are pleased to have entered into an exclusive distribution agreement for New
Zealand and Australia. With this agreement, we are confident that the
continuation of marketing activities in the region will be taken care of. The
fact that the company's CEO is also a social entrepreneur in Downlights, a
company who works with people with Down syndrome and intellectual / learning
disabilities [https://www.downlightsnz.com/], adds an extra positive dimension
to the collaboration that ABT values, says Espen Kvale, CEO of Aqua Bio
Technology ASA.

"We are proud and enthusiastic to be able to continue and further develop Moana
Skincare and its position in New Zealand and Australia. Moana Skincare, as a
certified organic skin care series, is a series we are well acquainted with from
the past and will be important in Moana Active Skincare Limited's continued
growth in the region, "said Jennifer Del Bel, CEO of Moana Active Skincare
Limited.

For further information, please contact Espen Kvale, CEO, telephone +47 916 28
092

Aqua Bio Technology (ABT) is developing and commercializing sustainable
biotechnology for use in skin care products. ABT's cosmetics ingredients are
effective and they provide the cosmetics industry with natural alternatives to
traditional ingredients. ABT is also marketing and distributing natural skin
care products developed by partners towards consumers and professional users.
ABT's focus on commercialization and development of natural ingredients and
natural skin care products has been, and will continue to be, an important part
of the company's strategy going forward. Aqua Bio Technology is listed on
Euronext Expand.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

 

DISCLAIMER

This information is subject of the disclosure requirements pursuant to section
of 5-12 of the Norwegian Securities Trading Act.

CONTACTS

 * Espen Kvale, CEO, +47 916 28 092, espen.kvale@aquabiotech.no 

ABOUT AQUA BIO TECHNOLOGY ASA

Aqua Bio Technology (ABT) is developing and commercializing sustainable
biotechnology for use in skin care products. ABT's cosmetics ingredients are
highly effective and they provide the cosmetics industry with natural
alternatives to traditional ingredients. ABT is also marketing and distributing
natural skin care products developed by partners towards consumers and
professional users. Aqua Bio Technology is listed on Euronext Expand.

ATTACHMENTS

 * Download announcement as PDF.pdf
   [https://kommunikasjon.ntb.no/ir-files/17847556/351/434/Download%20announceme
   nt%20as%20PDF.pdf]

en_Download announcement as PDF