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11. CONTRACTS AND AGREEMENTS
9 Months Ended
Sep. 30, 2013
Notes to Financial Statements  
NOTE 11. CONTRACTS AND AGREEMENTS

On May 29, 2013, the Company entered into a contract manufacturing agreement with DIVIND LLC (“DivInd”) for the manufacture of the Company’s Steramist Binary Ionization Technology (“BIT”) as well as the Company’s proprietary BIT solution.  DivInd will manufacture exclusively for the Company and also provide research and development services for the Company.

 

In September 2013, the Company entered into a Sales and Distribution Agreement, superseding previous agreements, with TOMI Panama covering Panama, Columbia and Honduras.  TOMI Panama is its exclusive distributor of the Company’s products and services within these countries.