GAINESVILLE, Fla., May 20, 2011 (GLOBE NEWSWIRE) -- Quick-Med Technologies, Inc. (OTCQB:QMDT), a life sciences company that is developing innovative technologies for the healthcare and consumer markets, announced today that it has entered into a new multi-year exclusive worldwide Manufacturing and Distribution Agreement with BASF Corporation to continue to manufacture and distribute Quick-Med's proprietary MultiStat® anti-aging technology for use in cosmetics. BASF Corporation is a unit of BASF Group, the world's leading chemical company. BASF Beauty Care Solutions is a world leading biotechnology and delivery system provider to the beauty care sector.
