- Dotz Nano (DTZ) has entered into agreements with Zohar Dalia Professional LP for anti-viral disinfectant with verifiable surface sanitation
- The agreements include an exclusive supply contract in which Dotz will supply its non-toxic detectors for Zohar Dalia to use with its slow-release disinfectant, as well as a non-exclusive distribution agreement, granting Dotz the right to promote and sell Zohar Dalia’s Active V-SRD solution in multiple approved markets
- The agreement follows a successful pilot in which Dotz marked one thousand litres of Zohar’s disinfectant with its taggants to trace and verify proper surface sanitation within Tel Aviv Ben Gurion Airport
- Dotz says while the agreements with Zohar Dalia are not expected to have an immediate material impact its revenue, it offers significant potential
- Dotz Nano shares are down 1.39 per cent, trading at 35.5 cents
Dotz Nano (DTZ) has entered into agreements with Zohar Dalia Professional LP for anti-viral disinfectant with verifiable surface sanitation.
Zohar Dalia Professional LP is a subsidiary of Zohar Dalia Cooperative Agricultural Association, Israel’s largest manufacturer supplier of detergent and cleaning products.
The agreements include an exclusive supply agreement, in which Dotz will supply its non-toxic molecular markets and detectors for Zohar Dalia to use with its slow-release disinfectant, exclusively licensed from the Israel Ministry of Defence, to allow Zohar to create its new active surface sanitation solution, Active V-SRD.
It also involves a non-exclusive distribution agreement, granting Dotz the right to promote and sell Zohar Dalia’s Active V-SRD solution in multiple approved markets around the globe.
V-SRD is a hydrogen peroxide-based active disinfectant that provides anti-viral protection and uses Dotz’s security markers to verify proper surface sanitation.
The agreements are each for an initial five-year period, unless terminated earlier.
The agreement follows a successful pilot, in which Dotz marked one thousand litres of Zohar’s disinfectant with its taggants to trace and verify proper surface sanitation within Tel Aviv Ben Gurion Airport, as well as other public areas.
“Our supply and distribution agreements with Zohar Dalia further highlight the broad applicability of Dotz’s authentication technology, and the board believes increases our value proposition even further,” said Dotz Chairman and Interim CEO Bernie Brookes.
“As the world adapts to the new normal from the COVID-19 pandemic, it is more important than ever before that public spaces are properly sanitised to a high standard. The ability to verify effective surface sanitisation, made possible by Dotz’s ValiDotz taggants, will provide additional peace of mind to consumers.”
Dotz says the agreements with Zohar Dalia are not expected to have an immediate material impact its revenue. However, the company says the agreements have significant potential, based on the large addressable global market.
Dotz Nano shares are down 1.39 per cent, trading at 35.5 cents at 10:45 am AEST.