Authentication company Dotz Nano (ASX: DTZ) has entered into five-year supply and distribution agreements with a subsidiary of Zohar Dalia Cooperative Agricultural Association Ltd – Israel’s largest manufacturer supplier of detergent intermediates and cleaning products, for an anti-viral disinfectant that utilises Dotz’s security markers to verify surface sanitation in real-time.
Zohar Dalia’s Active V-SRD product uses Dotz’s non-toxic molecular markers and detectors to enable real-time verification of proper surface sanitation. The slow-release anti-viral disinfectant is exclusively licensed from the Israel Ministry of Defense and has demonstrated anti-viral protection of up to 72 hours.
Under the exclusive supply agreement, Dotz will provide its non-toxic molecular markers and detectors to Zohar Dalia to create Zohar Dalia’s Active V-SRD product. Dotz’s security markers are invisible to the naked eye and do not affect the properties or appearance of tagged products. The company’s ValiDotz taggants are ideal for use in long shelf life products, remaining stable in high temperatures and harsh conditions for two years. These characteristics align with the requirements of Zohar Dalia’s disinfection materials. The supply agreement grants Zohar Dalia an initial exclusivity period of six months in connection with products that compete with the Active V-SRD product, and thereafter such exclusivity is subject to Zohar Dalia satisfying certain conditions still to be agreed between the parties.
The non-exclusive distribution agreement enables Dotz to promote and sell Zohar Dalia’s Active V-SRD solution in multiple approved markets, including the UK, India, Italy, France, Australia, Germany, Spain and throughout Africa.
The agreements follow a successful pilot in Tel Aviv Ben Gurion Airport, where Dotz inserted its markers into 1,000 litres of the Zohar Dalia disinfectant to provide real-time verification of proper surface sanitation in commercial passenger airplanes.
Commenting on the agreements Dotz Chairman and Interim CEO Bernie Brookes AM said, “Our supply and distribution agreements with Zohar Dalia further highlight the broad applicability of Dotz’s authentication technology, and the Board believes increases our value proposition even further. It enables us to enter a new sector in several markets with what the Board believes to be a superior solution both in terms of effectiveness and the unique ability to verify proper surface sanitation.
“As the world adapts to the new normal from the COVID-19 pandemic, it is more important than ever before that public spaces are properly sanitised to a high standard. The ability to verify effective surface sanitisation, made possible by Dotz’s ValiDotz taggants, will provide additional peace of mind to consumers.
“The Board believes that the success of the volume pilot at Tel Aviv Ben Gurion Airport validates the effectiveness of Zohar Dalia’s Active V-SRD® sanitation solution and Dotz’s ValiDotz taggants, and provides a large addressable global market, including public transport providers, hospitals and healthcare facilities, as well as hotels, universities and sporting venues.”