FLAGSTAFF, Ariz., April 15, 2019 /PRNewswire/
-- SenesTech, Inc. (NASDAQ: SNES), a developer of
proprietary technologies for managing animal pest populations
through fertility control, provides a long term solution within the
state of California specifically
in response to the recommendation by California Department of Fish
and Wildlife: i.e. "CDFW Issues Reminder to Avoid Harmful
Poisons."
On April 11, 2019, the CDFW
published in the California Fish and Wildlife News
(https://cdfgnews.wordpress.com/2019/04/11/plentiful-precipitation-pumps-up-rodent-populations/)
that with the increased precipitation experienced in California rodent populations are increasing,
and in addition to the increased rodent population growth, "…CDFW
reminds people that rodenticides can also kill non-target wildlife,
and even pets and children." This alert comes only days after
AB1788 (the Bill that would create the California Ecosystems
Protection Act of 2019 and, in short, prohibit the use of the four
major Second Generation Anticoagulant Rodenticides (SGARs) commonly
used in rodent pest control) passed the Assembly Water, Parks and
Wildlife committee with a vote of 8 Ayes, 5 Noes. The Bill is
currently before the Appropriations Committee.
"California's economy of
$2.7 trillion is a prime factor in
our decision to concentrate our resources and effort here on behalf
of our flagship product - ContraPest®. Realizing that
California, by itself, is the
fifth largest economy in the World validates our commercial
decision to focus our efforts here in an attempt to accelerate the
proliferation of ContraPest sales in California," said Edward Albe, Senior Vice President of
Commercialization. "We are anxious, on behalf of California's concerned populace, to answer
their desire for new, and better, wildlife management tools. In
alignment with California's
integrated pest management professionals, we are concerned with
balancing rodent control with the protection of non-target wildlife
species, and provide an effective non-lethal tool for rodent
management. ContraPest is indeed a compelling value-add for all
stakeholders who share our vision!"
"SenesTech developed ContraPest as a liquid because rats
require 10% of their body weight daily in water for survival," said
Dr. Loretta Mayer, CEO and
co-founder of SenesTech. Dr. Mayer further states that "unlike mice
who get adequate hydration from the food they eat, the changing
climate means that increasing precipitation in many regions will
provide an endless fountain of water for the rats, and dense
vegetation undergrowth for habitat. This is the perfect storm in
creating ideal conditions for rats to breed. Let's get out ahead of
the root cause of the problem that's on it's way…we must blunt
reproduction with fertility control."
About SenesTech
SenesTech is changing the paradigm of pest management by
targeting the root cause of the problem: reproduction.
ContraPest® is an innovative technology with an
approach that targets the reproductive capabilities of both sexes
in rat populations, inducing egg loss in female rats and impairing
sperm development in males. Using a proprietary bait delivery
method, ContraPest® is dispensed in a highly palatable
liquid formulation that promotes sustained consumption by rat
communities. ContraPest® is designed, formulated and
dispensed to be low hazard for handlers and non-target species such
as wildlife, livestock and pets, where the active ingredients break
down rapidly.
We believe ContraPest® will establish a new paradigm
in rodent control, resulting in a decreased reliance on lethal
options. For more information visit the SenesTech website at
www.senestech.com.
Safe Harbor Statement
This release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended
and such forward-looking statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. "Forward-looking statements" describe future expectations,
plans, results, or strategies and are generally preceded by words
such as "may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors and other risks
identified in our filings with the Securities and Exchange
Commission. Forward looking statements include, but are not limited
to, our expectation regarding sales commitments, our expectation
regarding the conversion of sales commitments and programs to
revenue, our belief that our product is more humane, less harmful
to the environment and more effective than traditional methods, and
our belief that ContraPest will establish a new paradigm in rodent
control without environmental effects of rodenticides. 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. 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:
Investor: 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
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SOURCE SenesTech, Inc.