SEO's agreement with ASDA extended to end of March 07 but they no longer have exclusivity. They can therefore sell to others. They would not have excluded the exclusivity unless they were talking to other suppliers.
Stanelco is pleased to announce an update regarding its GreenSeal™ technology following the end of the initial 12 month exclusivity period with ASDA.
Stanelco continues to work with ASDA, as they support our GreenSeal™ technology as a way to achieve part of ASDA'S greater business objective of meeting their obligations around sustainability.
The original terms of the agreement between ASDA and Stanelco, as announced on 24 March 2005, for Stanelco's GreenSeal™ technology have been extended for another 12 months, other than the exclusivity arrangement with ASDA which has been waived. This will allow Stanelco to offer the GreenSeal™ technology to non-exclusive ASDA suppliers, as well as ASDA
I think I will top up next week while we are so low.