RooLife Group Ltd. appointed by AFT Pharmaceuticals Limited to launch and operate a New Zealand branded health & pharmacy store selling key AFT products on Alibaba's Tmall platform. The three-year contract expands RooLife's Alibaba Tmall revenues and provides RooLife a mixture of monthly service fees and product sales revenue from marketing and selling products within the AFT range. The contract, which is subject to ongoing sales performance milestones, is expected to deliver total revenue for the RooLife Group of approximately $2.2 million over a three year period if minimum sales targets, which are scaled up each year, are met.

The new Kiwi Health store will market and sell a range of health and well-being products online in China leveraging the strong brand awareness of AFT's product range using the "Kiwi's thinking about health" branding.