REMEDENT, INC. ANNOUNCES EXCLUSIVE DISTRIBUTION
AGREEMENT WITH LEADING OTC DISTRITUBOR ENCOMPASSING THE
NETHERLANDS
DEURLE, Belgium—December 14, 2007 - Remedent,
Inc. (OTCBB: REMI) today announced that it has signed an exclusive
distribution agreement with a leading OTC distributor in the
Netherlands. The terms call for this distributor to sell a private
label kit similar to Reme)sense™, to treat sensitive teeth in
the Netherlands and calls for an initial order and a minimum yearly
performance. Remedent has agreed to deliver the product in packed
form and ready for sale, while the distributor will be responsible
to promote and advertise the product to the marketplace within the
Netherlands. The agreement gives the distributor exclusive
distribution rights to sell and distribute this product in the
Netherlands using all its own distribution channels. First
shipments are expected to commence during the first quarter of
2008.
The product will be for sensitive teeth, which is
one of the most common complaints adults have about their teeth.
The kit will contain six foam strips and on double tray, similar to
the Reme)sense kit. Each package contains enough strips to provide
relief for a total of three months, by applying an easy,
once-a-month 10-minute application.
Mr. Robin List, CEO of Remedent, noted, “We
are pleased to have reached this agreement with a leading OTC
distributor in the Netherlands and announce another distribution
agreement for our teeth sensitizing product. We believe our new
partner has the proper relationships to create market acceptability
for a new approach and solution to those adults who suffer from
sensitive teeth. We continue to anticipate additional distribution
agreements, especially in Europe, where we need to partner with
distribution leaders in each country where pharmacies tend to be
highly fragmented and
