BTG SIGN LICENCE AGREEMENT FOR GRAIN STRIPPER WITH MAJOR SOUTH AMERICAN COMPANY

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BTG SIGN LICENCE AGREEMENT FOR GRAIN STRIPPER WITH MAJOR SOUTH AMERICAN COMPANY
12 November 2000 - BTG

BTG has signed a third licence agreement for its grain stripper with Carlos Mainero & Cia of Argentina. Under this agreement Mainero has the right to manufacture the stripper header in Argentina and sell products throughout South America. Mainero will also have the right to pursue potential infringers in this region. Other licensees for BTG's successful stripper header are Shelbourne Reynolds Engineering in the UK and AGCO in the US.

The grain stripper is a unique combine harvester header that strips the grain and heads from the straw. It was developed at the Silsoe Research Institute in the UK, an internationally renowned centre of excellence in the application of engineering sciences to agriculture. Success of the header is well proven with an up to 80% increase in harvesting rates, and reduced grain losses especially where crops are laid or damaged. The grain stripper allows the farmer to harvest earlier on in the season and for more hours in the day. In 1990, the stripper set a new world record, which still stands today, for harvesting 54 tonnes of wheat in one hour and has also produced excellent results with barley, oats, linseed and herbage.

Trials at the Rice Research Institute in Louisiana have demonstrated that grain with moisture content of up to 36% can be stripped successfully, enabling harvesting even when the straw is too wet for a conventional harvester. The stripper header is therefore particularly suitable for large scale mechanised harvesting of rice in South America, in addition to the extensive wheat acreage in that region.

Martin Sandford, Director of BTG's Medical & Physical Sciences Division said "BTG has supported research and development of the grain stripper over many years and established a wide patent portfolio. Mainero has over 50 years of experience in the design and construction of agricultural machinery and the new licence provides an exciting opportunity to increase manufacture and sales of the grain stripper within South America."

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About: BTG
BTG is an intellectual property and technology commercialisation company that operates internationally. BTG creates value by investing in intellectual property and technology development, and in early stage ventures. We realise value through technology licensing, patent assertion and sale of equity investments. Through a multidisciplinary approach, we apply intellectual property and commercial expertise, together with specialist skills in science and technology, to create major product opportunities in the health and high tech sectors. BTG has commercialised important innovations, including Magnetic Resonance Imaging, Multilevel Cell Memory, Campath (alemtuzumab), the first monoclonal antibody treatment for chronic lymphocytic leukaemia, and recombinant Factor IX blood clotting protein. BTG operates through wholly owned subsidiaries BTG International Ltd and BTG International Inc in the UK and USA, respectively.

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