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Plandai Biotechnology Enters Into Agreement to Supply Phytofare to United Kingdom Distributor With First Purchase Order

Submitted by Marijuana News on Mon, 06/29/2015 - 16:21

Plandaí Biotechnology, Inc. (OTCQB: PLPL) (“Plandaí” or “the Company”), producer of the highly bioavailable green tea extract, Phytofare® Catechin Complex, today announced that it has entered into an agreement with ProTec Nutra (“ProTec”), a leading supplier of high quality ingredients to the European food and nutraceutical industry, to become the official distributor of the Company’s Phytofare® Catechin Complex in the United Kingdom (UK). ProTec has placed its first order for Plandaí’s Phytofare® Catechin Complex to fill confirmed orders that ProTec has received from its client base in the UK.

ProTec sources, develops and markets specialty ingredients and bulk products into the Functional Foods and Nutraceuticals markets in Europe with a number of manufacturing partners including Plandaí Biotechnology: www.protecnutra.com/our-partners/plandai-biotechnology.

Callum Cottrell-Duffield, Vice President of Sales and Marketing for Plandaí, said, “Having a distributor with an ethos of quality and the customer base that ProTec does, shows our intention to supply...

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http://money.cnn.com/news/newsfeeds/articles/marketwire/11G046121-001.htm

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