Devgen nv and its partner for Turkey, Dogal A.S., receive regulatory
approval for Devgen's nematicid
(Thomson Reuters ONE) - Zwijnaarde, Belgium and Instanbul, Turkey, August 7, 2009Devgen nv (Euronext Brussels: DEVG) and Dogal A.S. today announcedthe approval by the Ministry of Agriculture of Turkey to sell itsnematicide product in Turkey for use on tomato and cucumber grownunder protective cover.Devgen nv and Dogal A.S. are immediately starting the commerciallaunch of Devguard® through a nationwide advertising, sales andmarketing campaign, targeting sales in the August season.With a production under protective cover of more than 2 million tonsof tomatoes and close to 1 million ton of cucumbers, Turkey is animportant worldwide player for the production of these high valuecrops with substantial exports into EU countries. Nematodes causeimportant yield losses to these crops.Field trials have indicated that the use of Devguard® integrates wellwith established grower practices and has been approved with a shortpre-harvest interval. This is key differentiator versus otherproducts in the market."Devgen, together with the leading crop protection company Dogal, ispleased to provide the vegetable farmer with a new solution tocontrol nematodes in an environment where his nematode controloptions become increasingly limited." says Devgen's CEO, ThierryBogaert. "After this pioneering research and product launch in Turkeywe are now working hard to bring this product also to the vegetablegrowers in other Mediterranean countries.""The major export problem of undercover tomato and cucumber fruits isresidue of the product used. With Devguard®, the residue nightmare ofgrower and exporter will be solved." says Ferhan Tezcan, CEO of DogalA.S. "The slogan of Devguard® in Turkey is: "Apply Today, HarvestToday". Devguard® will meet all the nematicide requirements ofTurkish growers along the Aegean and Mediterranean coastline ofAnatolia".About Dogal A.S.Dogal A.S. was established in 1994 by founders with 32 years ofexperience in plant protection. The company's primary mission is toprovide quality products and technical support to Turkish farmers.Dogal A.S. distributes more than 150 licensed pesticides, plantgrowth regulators and single nutrient fertilizers certified byMinistry of Agriculture and Rural Affairs, and other supportingmaterials used in agriculture. Dogal A.S. produces quality productsat its high-standard factory in the Antalya Organized IndustrialZone, with manufacturing license from the Ministry of Agriculture andRural Affairs, and SL, EC, SC, WP, SP, Tablet and Powder,manufacturing and filling lines. Dogal A.S.'s products are controlledand approved by an internal quality control lab before theirintroduction to the market. Dogal A.S. serves 1250 customersthroughout Turkey and employs over 90 people. Dogal A.S. is a farmeroriented company providing technical pre and post sales servicesupport.For more information please contact:Ferhan Tezcan, CEO Dr. NecdetYabasMarketing Development ManagerTel. +90.216.308.65.87 Tel.+90.533.275.64.52ferhantezcan(at)dogaltrm.com necdetyabas(at)dogaltrm.comor visit: www.dogaltrm.comAbout DevgenDevgen's mission is to enable farmers to sustainably grow more foodon less land, with less water, agrochemicals and labor.Devgen uses advanced biotechnology and molecular breeding technologyto make high yielding seeds and crop protection solutions with asuperior environmental profile.Devgen brings this technology to the market in the world's major foodand feed crops through two complementary strategies:- Licensing Devgen technology for use in corn, cotton and soy andselected other crops in exchange for R&D funding, and milestone androyalty payments.- Producing and selling its premium hybrid seeds in major field cropssuch as rice, sunflower, sorghum, and pearl millet, in the Indiansubcontinent and S.E. Asia.In its Crop Protection unit, Devgen develops a novel nematicide, anagro-chemical product that protects crops from damage by parasiticnematodes.Incorporated in 1997, Devgen has offices in Ghent (Belgium),Singapore, Hyderabad (India) and Delaware (US) and employs more than200 peopleFor more information please contact:Thierry Bogaert, CEO WimGoemaere, CFOTel. +32 9 324.24.24 Tel. +329324.24.24Thierry.Bogaert(at)devgen.com Wim.Goemaere(at)devgen.comor visit: www.devgen.comThis press release may contain forward-looking statements containingthe words "anticipates", "expects" , "intends", "plans", "estimates","may" and "continues" as well as similar expressions. Such forwardlooking statements may involve known and unknown risks, uncertaintiesand other factors which might cause the actual results, performanceor achievements of Devgen to be materially different from any futureresults or achievements expressed or implied by such forward-lookingstatements. These forward looking statements speak only as of thedate of publication of this document. Devgen disclaims any obligationto update such forward looking statements in this document to reflectany change in its expectations, conditions or circumstances on whichsuch statement is based, unless required by law or regulation.http://hugin.info/135721/R/1333264/315987.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 07.08.2009 - 07:31 Uhr
Sprache: Deutsch
News-ID 4462
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