Aqua Bio Technology enters into a letter of intent for distribution of Moana in Japan and the Philippines

19.8.2021 11:40:57 CEST | Aqua Bio Technology ASA | Inside information

Aqua Bio Technology ASA (ABT) has today entered into a letter of intent with D &
S Maisey Limited for the exclusive distribution of Moana Skincare in Japan and
the Philippines. The Parties intend to sign an exclusive 3-year distribution
agreement for these markets as soon as the necessary governmental registration
process and approval is in place. It is expected that the registration process
in Japan will take appr. 3 months.

D&S Maisey Ltd. is situated in Auckland and has a regional development office
located South of Manila in the Philippines. The company has almost 30 years
working experience in luxury goods and niche market sales and has first-hand
experience in distribution in Japan and several other local South East Asia
(SEA) markets. D&S Maisey has a strong Environmental Social and Corporate
Governance Mission aimed to address poor soil and resource management in the
Philippines as well as other parts of SEA. 

For further information, please contact CEO Håvard Lindstrøm mobile phone +47
941 32 288.

Aqua Bio Technology is developing and commercializing sustainable biotechnology
for use in skincare 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 skincare products
developed by partners towards consumers and professional users. ABT's focus on
commercialization and development of natural ingredients and natural skincare
products has been, and will continue to be, an important part of the Company's
strategy going forward. Aqua Bio Technology is listed on the Euronext Expand
market of the Oslo Stock Exchange.

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

DISCLOSURE REGULATION

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

CONTACTS

 * Håvard Lindstrøm, 004794132288, hl@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/17847556/772/998/Download%20announcement%2
0as%20PDF.pdf

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