Holista CollTech Limited Signs Two-Year Exclusivity Agreement With Quick Service Restaurant Holdings Pty Limited

Holista CollTech Limited announced the signing of a two-year exclusivity agreement with Quick Service Restaurant Holdings Pty Limited (QSRH). QSRH is one of Australia's fast-food operators with over 600 restaurants in Australia. Under the agreement, the Company, using its breakthrough patented technologies, will supply its ingredients exclusively to QSRH for joint research and development with HCT for a period of two years, with the aim of offering healthier food to QSRH customers without chemical additives. During this period, the Company has agreed not to sell its ingredients or products to any other competitor of QSRH within the Australian market. In recognition of this collaboration, Holista and QSRH have agreed to a preferential supply arrangement for a further 5 years and beyond the initial two-year exclusivity.