I-Tech: Signs Aquaculture license agreement - Redeye

Redeye is positive to today's news where I-Tech announced that it has signed a license agreement with Titanium Technology to develop and commercialise a non-biocidal antifouling technology for Aquaculture. We are encouraged that I-Tech continues to grow its pipeline ahead by diversifying its offering into different segments and into non-biocidal products. As the project is in an early development phase, we expect no immediate financial impact and await further information before we can form a view on the timeline ahead. We will likely get additional information in the Q3 report expected tomorrow.

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