PHOENIX, Jan. 29,
2024 /PRNewswire/ -- SenesTech, Inc. (Nasdaq:
SNES; "SenesTech" or the "Company"), the leader in fertility
control to manage animal pest populations, today announces a signed
distribution agreement with Poppe Enterprises LLC, a distributor
and pest management firm focused on the grain management market,
serving Nebraska, South Dakota, North
Dakota, Kansas,
Wyoming, Iowa and Colorado. Poppe Enterprises will be a stocking
distributor for Evolve™ soft bait and has placed its initial
stocking order.
Joel Fruendt, SenesTech's
President and CEO, said: "Grain storage operations have unique
challenges when it comes to rodent pest control. Poisons are highly
regulated and are tricky to use without contamination, and traps
are expensive and time-consuming to maintain. The non-poison Evolve
soft bait, with its minimum risk EPA designation, reasonable cost,
and proven efficacy, provides a new tool for this widespread
market.
"We are partnering with a leader and innovator in grain
management and pest control, Poppe Enterprises. Poppe Enterprises
has a keen focus on innovation, safety, and sustainability, and a
strong reputation in this substantial market. Their presence and
market knowledge will mean immediate penetration of the Evolve
product."
Evolve addresses the fundamental issue of rodent overpopulation
by focusing on the rapid reproduction of rats. Evolve controls the
population by reducing or eliminating the fertility of rats, rather
than trying to keep up with the growing numbers of an infestation
with poisons alone. The active ingredient in Evolve effectively
reduced fertility in rodents in numerous independent studies.
Evolve is highly palatable to rats, easy to deploy, offers diverse
placement in many different environments and is priced
competitively to rodenticide alternatives.
The grain market represents a significant opportunity for
Evolve. Rodents are responsible for destroying nearly 20% of the
world's stored food supply due to consumption and
contamination.
About SenesTech
We are committed to improving the
health of the world by humanely managing animal pest populations,
applying our expertise in fertility control. We invented
ContraPest, the only U.S. EPA-registered contraceptive for male and
female rats, and Evolve, an EPA-designated minimum-risk
contraceptive currently offered for rats. ContraPest and Evolve fit
seamlessly into all integrated pest management programs,
significantly improving the overall goal of effective pest
management. We strive for clean cities, efficient businesses and
happy households – with a product designed to be humane, effective
and sustainable.
For more information visit https://senestech.com/ and
https://contrapeststore.com.
Safe Harbor Statement
This press release contains
"forward-looking statements" within the meaning of federal
securities laws, and we intend that such forward-looking statements
be subject to the safe harbor created thereby. Poppe Enterprises'
market presence and knowledge will mean immediate penetration of
the Evolve product and our belief that the grain market represents
a significant opportunity for Evolve. Forward-looking statements
may describe future expectations, plans, results or strategies and
are often, but not always, made through the use of words such as
"believe," "may," "future," "plan," "will," "should," "expect,"
"anticipate," "eventually," "project," "estimate," "continuing,"
"intend" and similar words or phrases. You are cautioned that such
statements are subject to risks, uncertainties and other factors
that could cause actual results to differ materially from those
reflected by such forward-looking statements. Such factors include,
among others, the impacts and implications of the COVID-19
pandemic, the successful commercialization of our products, market
acceptance of our products, regulatory approval and regulation of
our products and other factors and risks identified from time to
time in our filings with the Securities and Exchange Commission,
including our Annual Report on Form 10-K for the fiscal year ended
December 31, 2022. All
forward-looking statements contained in this press release speak
only as of the date on which they were made and are based on
management's assumptions and estimates as of such date. Except as
required by law, we do not undertake any obligation to publicly
update any forward-looking statements, whether as a result of the
receipt of new information, the occurrence of future events or
otherwise.
CONTACT:
Investors:
Robert Blum, Joe Dorame, Joe Diaz, Lytham Partners,
LLC,
602-889-9700, senestech@lythampartners.com
Company:
Tom Chesterman, Chief Financial
Officer, SenesTech, Inc.,
928-779-4143 x825
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SOURCE SenesTech, Inc.