ITOCO INC. announced it has finalized an agreement with Colorful Euphoria Lda, Portugal. The agreement replaces all earlier versions. Both parties agree to an Agency Agreement which forges an exclusive collaborative working relationship that benefits both parties.

Under this agreement, ITOCO will own client contracts and Colorful Euphoria, which has the expertise and experience, will be contracted to fulfill, and manage the projects. The services to be provided by Colorful Euphoria include identifying projects for ITOCO's Soil Rescue Program (SRP), scoping potential business solutions, improving sales by coordinating sales efforts, assisting in raising grant/investor funding, supplying required deliverables of SRP such as starting material, planting equipment, training, supervision, etc. This arrangement, which includes negotiations currently underway between Colorful Euphoria and clients in Europe and Africa, commits Colorful Euphoria's expertise, relationships, and current negotiations to the benefit of ITOCO.