11:38 AM EST - TSO3 Inc. : announced that an agreement has been reached for 3M to be the exclusive supplier and distributor of TSO3's STERIZONE 125L+ Sterilizer. The partnership with TSO3 will include new cycles to reach acute care facilities through 3M's global sales channel. While the details of the agreement are not being released, provisions include an exclusive license fee of which a portion is to be paid upfront, with milestone payments to be made linked to regulatory clearances, and, minimum purchases defined on an annual basis. TSO3 Inc.
shares T.TOS are trading down $0.10 at $1.84.
