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Philom Bios Inc. to market AGROTAIN® “Nitrogen Stabilizer”
Saskatoon, Saskatchewan
September 17, 2003

Philom Bios Inc. of Saskatoon, Saskatchewan and AGROTAIN International LLC of St. Louis, Missouri, are pleased to announce that a Marketing Agreement has been reached that transitions the responsibility for distribution, sales and marketing of AGROTAIN® Nitrogen Stabilizer in the Canadian marketplace to Philom Bios Inc. AGROTAIN International LLC will continue to market AGROTAIN® products within the turf, forestry, and livestock nutrient management markets in Canada.

"We are very pleased with the opportunity to add AGROTAIN® to our portfolio of products. We see AGROTAIN® as an excellent compliment to our existing product line JumpStart®, TagTeam® and N-Prove®," says Trevor Thiessen, Vice-President, Commercial Operations with Philom Bios Inc. “Producers need to optimize their investment in plant nutrients to realize incremental profit gains,” says Thiessen. “Nitrogen stabilization technology is a tool to accomplish this goal. AGROTAIN® reduces losses to the environment and improves nitrogen use efficiency. This makes for good economics and increased profit potential, but also sound environmental stewardship.”

AGROTAIN® is used in surface applications of urea and UAN solution to stop the nitrogen loss process called volatilization. Research from around the world shows surface-applied urea or UAN sources can lose up to 30 percent or more nitrogen within 24 hours. AGROTAIN® stops nitrogen volatilization for up to 14 days and reduces volatilization losses for up to 28 days, protecting urea based formulations.

Research and grower experience with AGROTAIN® has also shown an excellent fit for increasing seed and crop safety when used in seed banded applications of urea and UAN. With the rapid increase in adoption of direct seeding, growers are looking for solutions to maximize their efficiencies around nutrient management and seed placement.

"Philom Bios has a track record of successfully marketing value-added products to Canadian farmers. We like their business model of focussing on customer needs and believe that they are the right company to move AGROTAIN® forward in the Canadian Ag marketplace," says Norm Davy, Canadian Market Manager, with AGROTAIN International LLC in Winnipeg, Manitoba. "The agreement is good for both of us as we get a sales team with a proven track record and Philom Bios gets a new product that expands their line of products that improve nutrient use efficiency for farmers."

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Located in Saskatoon with over 55 employees in a wide range of research, manufacturing, marketing and management positions, Philom Bios is the leading Inoculant Company in Western Canada. Philom Bios is the only Canadian-owned company with high-performance inoculants serving the needs of Prairie farmers. A Canadian controlled private corporation, Philom Bios has a 20-year commitment to western farmers through a dynamic partnership with distributors and leading retailers.

With headquarters in St. Louis Missouri, AGROTAIN International LLC is a Global Leader in Nitrogen utilization products. A wholly owned subsidiary of Lange-Stegmann Company with more than 70+ years leadership in the fertilizer industry; AGROTAIN International LLC continues to grow its business globally with current sales of AGROTAIN® products in over 30 countries focusing on Agriculture, Turf, Forestry, Manure management, and all other related markets.

 

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