Carrington Labs Signs Agreement with Mannatech

December 4, 2006 by Ty | 0 Comments

Carrington Laboratories, Inc., (Nasdaq: CARN - News) today announced they have signed a letter of intent with Mannatech, Inc. (Nasdaq: MTEX - News) to provide for a supply and trademark agreement for Manapol® powder. Under the agreed upon conditions in the letter of intent and the ensuing contract, expected to be signed shortly, Carrington agrees to supply Manapol® powder to Mannatech under a non-exclusive agreement for a period of up to three (3) years. During that period, Mannatech will continue to be granted the right to use the Manapol® trademark in labeling and advertising of products containing Manapol® powder.

Carrington and Mannatech Extend Supply and Trademark Agreement for Manapol(R) Powder: Financial News - Yahoo! Finance

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