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MIT Signs Agreement for Distribution of ProVector to South Africaqrcode

Feb. 25, 2010

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Feb. 25, 2010
Chairman of the Board for MIT William "Rocky" Parker announced the signing of a distribution agreement with MediScopia for the rights to sell the newly invented ProVector(TM)Bt device that kills adult mosquitoes. MediScopia CEO Mark Smith, who negotiated the one year renewal agreement, for the African continent, is pleased with the new arrangement and relationship with MIT.

Terms and conditions include performance orders for 50,000 ProVectors for the first and for the second quarter and 75,000 ProVectors for the third and for the fourth quarters. This gives MIT a guarantee sale of 250,000 ProVectors for the first year.

Dr. Thomas Kollars CEO of MevLabs and ProVector, LLC invented the ProVector flower device and formulation with colors and smells that attract and kill adult mosquitoes. The flower center has a bait pad containing the specially created formulation with the safe and virtually non-toxic bio pesticide Bacillus thurengiensis (Bt). The Bt bait pad is covered by a barrier, preventing other insects and birds from feeding on it, but allows the feeding tube of the mosquito to pass through it. What makes this bait formulation so unique is, Dr. Kollars has been able to develop a Bt formulation that kills adult mosquitoes, previously Bt has only been used against mosquito larvae. One Bt bait pad is good for approximately 6 months and will kill about 10,000 mosquitoes.

Mosquitoes carry and transmit some of the most deadly infectious diseases know to man. Malaria is the number one killer of over one million people annually most of those are in the sub-Saharan African continent and primarily children under the age of five. The CDC estimates 350,000 million people are infected yearly worldwide and over 3 billion are affected globally by this one disease alone. Hundreds of millions of dollars are spent by individual nations to combat these diseases and the healthcares costs associated with them. MIT and MediScopia are pleased to offer to the public another tool to be used in the battle against mosquitoes. Used in addition to bed nets, ProVectorTM Bt provides 24 hour protection seven days a week, while families are indoors. It can be used with bed nets or alone.

Source: MIT Holding

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