OptiCept Technologies AB (publ) has renegotiated its partnership with Syngenta Flowers and takes full control of the global sales and marketing efforts for the OptiBoost application starting 1st of August 2023. Syngenta Flowers will become a reference customer by looking to introduce OptiBoost for ornamental cuttings within their own operations. Agreements will be drawn up and signed by the end of 2023 at the latest.

OptiCept will drive global sales and marketing from August 1st, 2023. The target is to have the triparty agreement between OptiCept, Syngenta and Prebona amended by year end. Syngenta Flowers' commissions will consequently be moved to OptiCept in two steps.

With two thirds by August 1st and then fully from year-end. Prebona will continue to supply the patented OptiBona solution. Following this transition Syngenta will sign a commercial contract as a preferred customer while the triparty collaboration agreement is amended in parallel.

OptiCept will take over the current agent agreement with BCC and finish ongoing discussions with additional sales resources in forestry cuttings.