Aqua Bio Technology ASA has decided to expand the Company's business to also include marketing and sales of third party products to consumers and professional users. Until now, ABTs business has been limited to the development and sales of ingredients to the cosmetics industry. The Company will continue its development and marketing of ingredients, while also establishing Aqua Bio Technology as a complete commercial center for sustainable technology aimed at skincare products and dietary supplements. The change represents the third step in the development of Aqua Bio Technology. The first step was the commercialization of ABT's proprietary technology. In this initial step, a U.S. based skin care company was granted exclusivity to ABT's lead ingredient Aquabeautine XL(TM). In step 2, ABT evolved into a center for commercialization of third party ingredients to the cosmetics industry. The Company has established partnerships with several technology owners and is in the process of adapting and commercializing new ingredients for skin care products. Additional partnerships in this segment are expected, and the first ingredients will be launched in the market early 2017. In the third step, ABT will, based on partnerships, market finished products directly to consumers and professional users. ABT's partners will be product owners and manufacturers already present in the market. ABT's contribution is to strengthen the commercial potential of these products in designated territories, mainly Europe and the Middle East.