Modern Water plc announced that it has signed a three-year revenue sharing manufacturing agency agreement with Integumen plc to manufacture, and provide logistic support for, the supply of the Company's water monitoring reagent consumables to Monitoring Division clients on behalf of the Company. These supplies have historically been manufactured by the Company. The Agreement enables the Company to fulfil an order backlog of approximately $665,000 which it is not currently able to meet.

The Agreement has an estimated value of $1.25 million (£1.04 million) per year for 3 years, worth a total of $3.75 million (£3.12 million), based on Modern Water's historic sales levels of reagent consumables, although is no guarantee that these revenue levels will be met. The revenue share split is 60% /40% in favour of Modern Water, after costs, and is subject to rolling 12-month extensions thereafter.