Monday, March 03, 2008

Strategic Alliance with Leading Agricultural Additives Manufacturer

Waukegan, Illinois (March 3, 2008) – Precision Laboratories, Inc. announced it has entered into a series of business and license agreements with Adjuvants Plus of Ontario, Canada, a leading technology company that develops and markets agricultural additives and natural chemistry products.

The alliance provides Precision with exclusive manufacturing and marketing rights in the United States to a wide range of adjuvant formulations based on Adjuvants Plus’ patents around monocarbamide di- hydrogen sulfide (MCDS). The agreement provides Precision with the opportunity to use Adjuvants Plus data and research. Included in the agreement is Adjuvant Plus’ branded adjuvant N-Tank.

“We’re very excited to be working with the Adjuvants Plus team. Their unique, patented formulations of MCDS have been proven to allow applicators to apply micronutrients, in tank mix combinations with glyphosate, without reducing herbicide performance," said Rick Wohlner, president of Precision Laboratories. “Adjuvant Plus’ proven development experience in agricultural formulations will give us the opportunity to provide our customers with advanced products that deliver unique performance results in the near and long term.”

"This has application potential for virtually every acre of Roundup Ready® corn and soybeans when you consider that many universities have linked reduced uptake and transport of micronutrients in Roundup Ready crops to yield drag," added James Reiss, vice president of agricultural business for Precision Laboratories. “This is the perfect complement to ensure future growth.”

About Precision Laboratories
Precision Laboratories is a leading provider of specialized chemistries applied to plants, seeds, soil and water to maximize resource and biological performance potential while stewarding the environment. For more information on the company’s products and its value-added dealers and distributors, call 800-323-6280 or visit www.precisionlab.com.

About Adjuvants Plus
is a primary developer and marketer of innovative agrochemical crop care products that offer superior performance, optimal health and safety benefits with minimal impact on the environment. Adjuvants Plus Inc. develops and markets agricultural additives, natural chemistry products and systems that provide value-added performance benefits including cost, convenience and safety to its customers.

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