The agreement entitles CRT the rights to distribute Bioglobal products across regional Australia as of July 1st 2011. Through CRT’s network of 400 store outlets, Bioglobal will be able to strengthen its presence in the agricultural chemical market. Given the scale of CRT’s retail network, this opportunity will provide Bioglobal with the potential market penetration needed to reach its forecasted sales targets. In addition, the new distribution agreement will positively contribute in the uptake of sustainable insect management technology.

ABOUT CRT

CRT has more than 400 outlets; CRT/Town & Country is Australia's largest group of independent rural retailers and one of the country's leading agribusinesses with a strong national network of 240 agronomists. At local and national level, CRT and its 'Local Blokes' are involved in a wide range of activities to assist rural and regional communities. CRT is a division of Ruralco Holdings Limited.

Ken Ingbritsen

CEO