Appointment of US Distribution Partner

RNS Number : 9136B

Zenova Group PLC

17 February 2022

 

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

17 February 2022

Zenova Group PLC

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

Zenova Appoints US Construction Sector Distribution Partner

Zenova Group PLC (AIM: ZED) , a provider of innovative fire safety and heat management technology and products, is pleased to announce that it has entered a distribution agreement with Omnis Panels LLC ("Omnis") to distribute its thermal insulation and fire protection products throughout the construction sector in the United States of America.

The distribution agreement will provide US customers with direct access to Zenova's thermal insulation and fire protection products and builds upon Omnis' strong track-record of partnering with market leading companies and leveraging its best-in-class network to grow innovators in the US market.

Commenting on the news, Tony Crawley, Chief Executive of Zenova Group PLC said: "The agreement with Omnis represents a very important first step for Zenova into the United States and we look forward to working with Omnis as we gain a foothold for our products in the US construction sector.

We have been speaking with the Omnis team for some months and are incredibly impressed by their understanding of our products and their market potential, as well as Omnis' approach in helping businesses such as Zenova bring innovative building products to the US market.

In Omnis, we have a partner with a proven track record in developing and executing the most appropriate strategies for their clients, which is supported by an extensive network of sales representatives across the US. Omnis also provides Zenova with a partner to support us in ensuring our products achieve US specific needs, are understood and appreciated by the US construction sector, and in capitalising on the significant opportunity the US construction sector offers. "

Beau Preston, President of Omnis Panels said:   " We are thrilled to be Zenova's partner of choice in the US construction sector. Critically, by adding Zenova to our portfolio we continue our journey towards bringing innovative and high performing building materials with green credentials to the attention of architects, designers, and building owners to compliment design strategies that improve safety, performance and reduce our environmental impact.

Zenova IP , Zenova FP and Zenova IR improve the thermal performance and fire protection on future builds as well as providing solutions that do not exist in many scenarios. Adding Zenova to our product offerings allows Omnis to offer quick, affordable, and ecological insulation and fire protection   solutions. "

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]
Redbine Ltd (Media Enquiries)
Paul Dulieu	Tel: [phone]    [phone] Email: [e-mail]

About Omnis Panels, LLC:

Headquartered in Chicago, IL, Omnis Panels LLC (dba as Omnis USA) is a national partner for innovative and sustainable building products. Omnis represents manufacturers who create innovative solutions for use in the building envelop, with green/sustainability, efficiencies in mind. Working with a network of top US building envelope representatives, consultants, and distributors, Omnis strives to provide unparalleled service to installers, architects, contractors, and building owners. Omnis has a track record of developing and executing the most appropriate strategies to bring quality products to the US, ensuring rapid and sustained growth.

For further information on Omnis, please visit www.omnisusa.com

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 products 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 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 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 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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