TyraTech, Inc. AMVAC and TyraTech Name New Joint Venture

TIDMTYR

TyraTech, Inc.

30 January 2013

30 January 2013

TyraTech, Inc.

("Tyratech")

AMVAC and TyraTech Name New Joint Venture

New company to be named Envance Technologies

AMVAC Chemical Corporation ("AMVAC") and TyraTech, Inc. are pleased to announce Envance Technologies ("Envance" or the "JV"), the new corporate identity chosen for their joint venture launched in December, 2012. Envance will develop and commercialize a range of innovative pest control solutions for global consumer, commercial, and agriculture pest control markets.

The new company's name was selected to capture the combination of TyraTech's insect science and technology platform with AMVAC's market-driven, global commercial growth capabilities. Envance's focus is to advance this technology and expand a range of commercial solutions for comprehensive insect control.

Envance is currently distributing its Terminix-branded household insect control products in major US retail channels. The JV's immediate focus will be on supporting the ongoing retail launch, expanding distribution through other leading US retail partners, and developing new product and market opportunities.

Shayne M. Wetherall, formerly TyraTech's Vice President of Commercial Operations and newly named CEO of Envance, commented:"The new venture's strategic intent is to continue delivering innovative pest control solutions and technologies to the marketplace that provide superior performance and safety. With our proven products, technologies and brands, Envance will have a strong commercial focus on meeting marketplace demands for new solutions that are safe and effective."

Eric Wintemute, Chairman & CEO of AMVAC's parent company American Vanguard Corporation commented: "This exciting joint venture opens up a new growth path for AMVAC Chemical in both consumer and commercial pest control. Additionally, we expect to develop innovative solutions leveraging TyraTech's Extend Technology(TM) platform to create novel, synergistic combinations of natural active ingredients with proven synthetic compounds for comprehensive agricultural insect control. By broadening the distribution of TyraTech's existing natural product offering and using the technology capabilities of both firms, we expect this collaboration to develop new products that can provide unique, proprietary solutions to pest control applications worldwide."

Alan Reade, Executive Chairman of TyraTech, Inc. commented: "We see this joint venture as a great opportunity to optimize the value of the insecticide platform that has been developed by TyraTech over the past seven years. We are particularly pleased to be able to partner with the AMVAC team, which has a demonstrable ability to drive profitable innovation, and has become a leader in the global insecticide market."

For further information please contact:

TyraTech Inc.

Alan Reade, Executive Chairman

Tel: [phone]

Peter Jerome, Chief Financial Officer

Tel: [phone]

N+1 Singer, Nominated Adviser and Joint Broker

Aubrey Powell / Alex Wright

Tel: [phone]

First Columbus LLP, Joint Broker

Chris Crawford

Tel: [phone]

Walbrook, Financial PR and IR

Bob Huxford /Helen Westaway (Public Relations)

Tel + 44 7933 8792

Paul Cornelius (Investor Relations)

Tel [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRABKLLLXFFLBBE