Market Overview

Valent BioSciences, ADAPCO Form Strategic Partnership in Public Health

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Relationship includes an exclusive distribution agreement for US
markets

Valent BioSciences (VBC), the global leader in biorational solutions for
public health, forest health, and agriculture, announced it has entered
into a strategic partnership with ADAPCO, the world's largest
distributor of products to the professional mosquito control industry.
As part of the agreement, ADAPCO will become the exclusive distributor
of VBC's broad range of biological-based mosquito control technologies
in the US, Puerto Rico, and the Cayman Islands.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180829005072/en/

The move aligns two of Public Health's most respected companies in an
effort to better serve vector management programs across the US and
Caribbean.

"This partnership creates an exciting future for VBC's Public Health
business, its customers, and the people we protect," said Steve Krause,
Global Business Director for VBC's Public Health and Forestry
businesses. "We operate in a highly technical industry, and ADAPCO's
proven history of excellence in the design and operation of equipment,
field support, customer service, and the handling of our solutions made
it a clear choice going forward."

Krause indicates the partnership blossomed through ADAPCO's work with
VBC's award winning technology across five Western states. VBC won a
2017 Chicago Innovation Award for its Wide Area Larvicide Spray (WALS™)
application technology. Developed through more than 20 years of global
research, WALS leverages VectoBac®, VBC's advanced Bacillus
thuringiensis
spp. israelensis Strain AM65-52 (Bti)
technology using a breakthrough method for delivering biorational
larvicides into the hard-to-reach areas where Dengue- and
Zika-transmitting mosquitoes breed.

"We are excited to foster a new era of vector control and mosquito
suppression," said Steve Burt, Managing Director, Specialty Ag/Hort,
Azelis Americas. "This alignment of industry-leading teams – Valent
Biosciences' leadership in the space of biorational larvicides, together
with ADAPCO's field and application expertise – will usher in a
transformational future for vector control in these regions."

The effective date for the distribution agreement is October 1, 2018.

About Valent BioSciences

Headquartered in Libertyville, IL, Valent BioSciences is a subsidiary of
Tokyo-based Sumitomo Chemical Company and is the worldwide leader in the
development, manufacturing and commercialization of biorational products
with sales in 95 countries around the world. Valent BioSciences is an
ISO 9001:2008 Certified Company. For additional information, visit the
company's website at www.valentbiosciences.com.

About ADAPCO

Headquartered in Sanford, FL, ADAPCO is an Azelis Americas company.
ADAPCO© is the world's largest distributor of innovative insecticide
products, technology, and equipment to the professional mosquito control
industry. Azelis is a leading global specialty chemicals distributor,
providing a diverse range of products and innovative services to more
than 40,000 customers. ADAPCO operates with maximum regard for the user,
consumer, and the environment to protect human health. For additional
information, visit the company's website at www.myadapco.com.

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