Announcement
World Trade Systems : R&D and market distribution co-operation
RNS Number : 1728G
World Trade Systems PLC
24 May 2017
World Trade Systems PLC
17 May 2017
WORLD TRADE SYSTEMS PLC ("WTS")
17th May 2017
WTS plc announces that it has entered into a memorandum of understanding ("MOU") in connection with a commercial cooperation agreement with a well-established international company that aligns with the overarching goals and vision of WTS plc. The Board of WTS believes that this will result in the expansion of the business of WTS China by diversifying its product range and extending its market reach. R&D and market distribution co-operation with Biestmilch GmbH ("Biestmilch")
WTS plc has entered into an MOU with 'Biestmilch' which was founded in 1999 by Dr Susann Kraftner , based in Lindau, Germany.
Dr Susann Kraftner and Dr Arne Schumacher are the current Managing Directors. Dr Kraftner has over 19 years' experience in the development of Biestmilch products. She is also an author and medical doctor with experience of working in pharmaceutical organisations.
Beistmilch has already developed promising high end products for immune system performance and anti-depression chewable tablets with excellent results. Biestmilch has established their tested and effective products including the chewable tablets, to assist with immunity and the conditions of stress. Beistmilch's booster tablets have been described as "kicks in stronger than coffee while boosting your immunity at the same time". Biestmilch's object is to create a market leading brand of biological body immunity boost food.
WTS plc believes that through close collaboration with Biestmilch we can pool market knowledge and R&D resources to help both companies achieve synergistic benefits by distributing new healthcare and cell based products in an international market.
WTS plc will seek any necessary authorities in due course.
For more information, please contact the following:
World Trade Systems plc
Mr. Shao Chen, Vice Chairman, shaochen@wtscn.com
Mr. AKM Ismail, Executive Director, akm.ismail@gmail.com
Information on WTS plc
WTS plc is a health food products company that develops, manufactures and distributes health food products targeted at mid/high end consumers. Having previously had no business activities for a number of years, the Company began its current business activities in July of 2016 and is in the process of applying for a re-listing of its shares on the Standard Segment of the Official List of the Financial Conduct Authority.
Information on WTS China
Based on its expertise in the Chinese health food industry, with a focused product strategy, a progressive marketing plan, and in depth understanding of consumer trends, WTS China aims to become a comprehensive health food solution provider. WTS China is located in Suzhou, Jiangsu Province, in the central part of eastern China.
WTS China's current health drinks use collagen and other natural ingredients aimed at providing consumers with healthy food supplements containing nutrients which aim to support the body's immune system, improve digestion, lower cholesterol and blood pressure and promote healthier organ functions, smoother and more elastic skin and better complexion. WTS China is active in R&D developing additional products.
WTS China's vision is to become a leading player in distributing many high quality health food products throughout China.
This information is provided by RNS
The company news service from the London Stock Exchange
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