China, A Silver Lining to the Black Cloud of '09 :
International and Other Markets
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ZCL continues to focus on attracting licensees for its tank
manufacturing and Phoenix System™ lining technologies
in the international marketplace.
Subsequent to the end
of the second quarter, the Company executed a new
license agreement with JIZHOU ZHONGYI FRP Co., Ltd.of
China. This agreement has a twenty year term and
provides for a license fee and ongoing royalties. It is also
expected that this and other new license agreements will
result in increased revenue from the sale of ZCL proprietary
products used in the manufacturing or installation of licensed
products.
The Company expects to execute additional new
license agreements in 2009.
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from Management's Discussion and Analysis, Q2:
https://sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=00003872&fileName=/csfsprod/data99/filings/01454393/00000001/k%3A\filings\livework\wkout\25405\MDA.pdf
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