$60m mozzie man

Written on the 9 September 2009

A MOSQUITO trap designed by a Burleigh Heads inventor is taking the sting out of a worldwide epidemic and is looking to achieve 400 per cent growth with sales of $60 million over the next five years.

Bantix Worldwide has just signed a $500,000 deal to export its signature product, the Mosquito Slayer Pro, to distributors in Dubai.

Another 20 countries, including Malaysia and Russia are now importing the product.

CEO Andrew Coventry, says it’s the only device in the world that kills between 83 and 98 per cent of the potentially deadly female mosquito.

“We are experiencing very major growth,” says Coventry.

“The basic plan was to get 1000 units into 24 countries, which would have netted us around $6 million in profit. We are now expecting growth of more than 400 per cent. Our main competitor in the US spent $35 million alone on advertising and they have gone under. We have spent $12,000 over six years on advertising.”

The unit is powered by a 12-volt battery and contains a ‘lure’ designed by Bantix Worldwide. It contains a mix of food stuffs that are injected with CO2 to attract the mosquito to the trap.

The company has completed its world-wide patent for the trap with Fisher Adams Kelly. The spread of diseases like Dengue and Ross River Fever and Malaria are widening. A recent outbreak of Dengue Fever in the northern regions of Queensland was upgraded to epidemic status by the State Government.

“I’m very proud of our product, it’s saving people’s lives,” says Coventry.


Latest News

BUNNINGS BOSS JOHN GILLAM QUITS WESFARMERS

THE man behind Bunnings' home improvement domination has resigned from his role in charge of the retailer.

...

NOVOTEL SALE REFLECTS HOT BUYERS' MARKET

AFTER two decades in the hands of a private syndicate, The Novotel Melbourne Glen Waverley has been sold to the Sy...

SUPERLOOP ONE STEP CLOSER TO BIGAIR ACQUISITION

BIGAIR (ASX:BGL) shareholders have given Superloop (ASX:SLC) the green light to acquire the telecommunications com...

RINEHART-BACKED OIL AND GAS EXPLORER SUES VICTORIA FOR $2.7 BILLION

AN oil and gas explorer backed by Gina Rinehart (pictured) is suing the Victorian state government for more than $...

Related News

HOW MCDONALD'S AUSTRALIA REDISCOVERED ITS INNOVATIVE SPIRIT

MCDONALD'S is such a ubiquitous part of the Australian landscape today that it is easy to forget how it change...

JB HI-FI IS THE GOOD GUY IN $870 MILLION ACQUISITION

ELECTRONICS giant JB Hi-Fi has formally completed its $870 million acquisition of home appliance chain The Good Gu...

ACCC ACTS AGAINST MERITON'S RIGGED REVIEWS

MERITON Property Services is under fire from Australia's main consumer watchdog, after it allegedly engaged in mi...

ACCC FIRES WARNING SHOT TO IVF PROVIDERS

IVF clinics have been put on notice by consumer watchdog, the Australian Competition and Consumer Commission (ACCC...

Contact us

Email News Update Sign Up Contact Details

Subscribe to our mailing list

* indicates required
Email Format

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter