E-Qure Corp. announced that the Company has signed its first distribution agreement with Rubifarm S.A. The agreement goes into effect immediately. After conducting preliminary market research, testing the device, and securing regulatory approval, E-QURE and Rubifarm entered into agreement where Rubifarm S.A. would undertake a minimum electrodes purchasing obligation of $50,000 for the first year, growing up to a minimum of $1,000,000 after 5 years.

Local regulatory process has put the agreement into effect. In addition to purchase obligations, the distribution agreement defines the commercial terms of the relationship. In principle, devices will be rented to hospitals and clinics at a small monthly monetary rate to cover service and repairs, while the distributor will sell disposable electrodes on 'treatment days' basis.