This is a Reach announcement and the information contained is not considered to be material or to have a significant impact on management's expectations of the Company's performance. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach.
24 September 2024
LifeSafe Holdings plc
("LifeSafe", the "Group" or the "Company")
New Distributor Purchase orders support growth in North America
LifeSafe Holdings plc (AIM:LIFS), a fire safety technology business with innovative fire extinguishing and prevention fluids and fire safety products, is pleased to announce a series of purchase orders amounting to over $200,000 during 2024 to date, from Fire Suppression Solutions LLC ("FSS"), a leading US fire safety distribution business, supplying advanced fire suppression technologies and training across both public and private enterprises in North America.
LifeSafe is supplying its market-leading StaySafe All-in-1 aerosol fire extinguisher and its new Multi Purpose Fluid in the Company's new 6 litre cannister using the fluid's 'Exo-suppression' and 'Endo-shield' technologies.
This business-to-business relationship represents a major growth opportunity for the Company opening new revenue streams for both the StaySafe All-in-1 and the new 6 litre cylinder proposition within the US through partnering with established fire safety businesses.
Dominic Berger, Chairman of LifeSafe, commented: "We are pleased to announce the strengthening of our relationship with such an experienced and forward-thinking business such as FSS. This relationship extends the Company's reach into the US and has enabled access to new market segments. We look forward to a long and mutually successful and profitable alliance with FSS."
Richard Cohn at Fire Suppression Solutions, commented: "Since working with the LifeSafe team and testing their products we have been incredibly excited to be developing this relationship. The products work so well and offer a unique position in the market giving customers, from both domestic and commercial sectors, the opportunity to deal with multiple fire types including lithium batteries. The unique product mix and opportunities in this market are what makes this relationship so exciting."
- Ends -
For further enquiries:
LifeSafe Holdings plc Dominic Berger, Chairman Neil Smith, Chief Executive Officer Mike Stilwell, Chief Financial Officer
|
info@lifesafetechnologies.com |
Zeus (Nominated Adviser & Broker) David Foreman, Alexandra Campbell-Harris (Investment Banking) Emma Ayton (Sales)
| Tel: +44 (0) 203 829 5000 |
Notes to Editors
LifeSafe is a fire safety technology business that develops eco-friendly, novel and innovative fire extinguishing and prevention fluids and life-saving fire safety products. LifeSafe has developed a market disrupting range of eco-friendly fire safety protection products; a new patent-pending Thermal Runaway Fluid to combat lithium battery fires by permanently extinguishing and preventing re-ignition, and the StaySafe All-in-1, a handheld eco-friendly and fully recyclable extinguisher which is verified to extinguish ten different types of fire. LifeSafe is successfully creating new markets for the Group in fire safety through its innovative technologies, products, digital marketing and multi-channel sales; and is continuing to develop new fluid derivations for applications in various industrial market sectors.
LifeSafe was admitted to trading on AIM in July 2022 with the ticker LIFS.
For further information please visit: https://www.lifesafeholdingsplc.com.
LinkedIn: https://www.linkedin.com/company/lifesafe-technologies
X (formerly Twittter): https://x.com/LifesafeT
About Fire Suppression Solutions
FSS is the US master distributer for multiple game-changing solutions that help protect communities, businesses, and individuals.
FSS' mission is to deliver advanced fire suppression technologies partnered with education and training. With our team boasting decades of expertise in firefighting, law enforcement, EMS, engineering, sales, marketing, and business across private and public sectors, we are uniquely positioned to understand and fulfil the needs of all our customers.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.