Algae.Tec Limited ("the company" or "AEB") reported that it has entered into an exclusive commercial supply and collaboration agreement with Seachem Laboratories Inc. ("Seachem"). Under the agreement, AEB will manufacture and package an exclusive line of aquarist products for sale through Seachem's established and large network of distribution outlets and retail customers in North America, and internationally. AEB has the right of first offer to supply Seachem for all other products that may be used in Seachem formulations. Both parties have also established a Collaboration Program for the joint development and commercialisation of new products for supply into global aquarist and aqua feed markets respectively.