Big Battery LLC places a first order for FX500

RNS Number : 7487M

Zenova Group PLC

16 January 2023

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 ("MAR") WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN

16 January 2023

Zenova Group PLC

("Zenova", the "Company" or the "Group")

USA's largest lithium battery supplier places a first order for the FX500 via Zenova's sub-distributor in the USA, Omnis LLC

Zenova Group PLC (AIM: ZED) is pleased to announce that via Omnis LLC (its sub-distributor  in the USA) it has received an initial order from Big Battery LLC based in California. Due for immediate delivery. Big Battery is the largest lithium battery supplier in the USA and has purchased 500 units of FX500 following a trial in which the mini extinguisher successfully extinguished a lithium battery fire. Such fires have proved very difficult if not impossible to put out using conventional methods. Management expect the initial order to lead to further more substantial orders in the near future.

Zenova  - a provider of fire safety and heat management technology solutions to a wide range of users across the globe, has begun production of the FX500 in USA as well as the UK.  The FX500 is now ready for both the retail and commercial markets, having significant performance capabilities of extinguishing all fire types at the simple push of a button even operating at -10 centigrade.

Commenting on the sale to Big Battery, Beau Preston, President of Omnis, said: Following our initial product launch at the Anaheim Disaster Trade show in California, we had tremendous interest and excitement in Zenova products (IP,IR,FP) but primarily the FX500 and WB. The subsequent interest from Big Battery alongside large players in the transport and logistics industry as well as the retail sector gave us confidence to place our first order for the FX500. Gaining interest from a large player such as Big Battery, who know very well the challenges of battery fires, is certainly an encouraging start. It is our belief that the FX500 could perform strongly in the USA in the near term.

Commenting on the FX500, Tony Crawley, CEO of Zenova Group PLC, said:   Following the production in the USA it is very encouraging that a customer engaged in lithium battery supply has chosen the FX500 as the solution to lithium battery fires which have proved intractable to extinguish. This follows a successful trial in which the FX500 extinguished a lithium battery fire in the presence of Big Battery personnel.  We expect this to be the first of many orders as we experience demand for his product not just in the USA but around the world given its powerful properties extinguishing all fires.

For further information please contact:

Zenova Group PLC
Tony Crawley, Chief Executive Officer Don Nicolson, Non-Executive Chairman	Via Orana Corporate LLP: Anthony Eastman Tel: [phone]
SPARK Advisory Partners Limited (Nominated Adviser)
Matt Davis / Adam Dawes	Tel: [phone]
SI Capital Limited (Broker)
Nick Emerson	Tel: [phone]

About Zenova Group PLC:

The Group, through Zenova Ltd, is the holder of intellectual property that underpins a suite of fire safety and temperature management products and technology. The product range is applicable to industrial, commercial, and residential markets. The Group's solutions include fire retardant paints, insulating paints and render, fire extinguishing fluid and applications. Through innovative development, and a refined formulation and development process, Zenova provides industry leading solutions across a range of fire protection and temperature management problems, comprising:

Zenova FP

A water-based fire-protection paint that prevents ignition and spread of fire. It can be used in commercial, industrial, and domestic applications on a variety of materials, from wood to metal.

Zenova FX

Patent pending fire extinguisher filled with proprietary Zenova Fluid (Zenova FXB) that extinguishes all types of fires, reduces chances of re-ignition, works in cold (-15 ̊C) conditions, is non-toxic and does not produce harmful by-products.

Zenova FX500

A high-performance handheld fire extinguisher that is tested by independent experts and adheres to the highest industry standards. The fire extinguisher is safe to use on any type of fire, reduces the risk of reignition once the fire has been extinguished and has been tested to the BS 6165 standard. It boasts an efficient and compact design, allowing for it to be dispersed from any 360° orientation, which ensures that the Zenova FX500 is convenient to handle and simple to operate while providing the user with a highly effective and fast working fire extinguisher.

Zenova IP

Thermal insulation paint that creates a thermal barrier, provides thermal reflection of sunrays and infrared radiation, anti-condensation, and anti-mould properties. It can be applied to virtually any exterior or interior material, regardless of the surface.

Zenova IR

Thermal insulation render to enhance the effectiveness of insulation by creating a thermo shield. It fills all cavities and gaps regardless of geometric shape and creates a vacuum - the most effective insulator.

Zenova WB

A wildfire barrier fluid (applied via spray wands or aerial drops), which provides a virtual barrier where fire simply will not burn. Repeated tests on a variety of extremely dry wildfire fuels (grasses, hays, brush) demonstrates the incredible fire resistance Zenova WB provides, while remaining viable after application for 30+ days in dry conditions.

Zenova CS

Patent pending next generation ceiling sprinkler filled with proprietary Zenova Fluid (Zenova FXB) that removes the need to install large fluid tanks, piping, complicated equipment, and software. This sprinkler could be installed in the kitchen.

The Group has achieved this without compromising the sustainability of natural and economical resources, including personal health and safety, with ecologically sound products.

Further information on the Group can be found at www.zenovagroup.com

 

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