Purchase orders in new markets

LifeSafe Holdings PLC

27 September 2024

 

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27 September 2024

LifeSafe Holdings plc

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

Purchase orders in new markets with new distribution partnerships

LifeSafe (AIM: LIFS), a fire safety technology business with innovative fire extinguishing and prevention fluids and fire safety products, is pleased to announce the following purchase orders in new markets with new distribution partnerships.

GreenTech

LifeSafe has received its first purchase order for an initial 10,000 units of its innovative, market-leading StaySafe All-in-1 aerosol fire extinguisher from Canadian-based GreenTech Fire Solutions, Inc ("GreenTech").

GreenTech provides innovative fire suppression and fire prevention products for industrial, aeronautic, wildfire, EV automotive, marine and home use, from Vancouver, Canada, and servicing North America.

This first purchase order represents a potentially substantial growth opportunity for LifeSafe in Canada, a new geography for the Group.

EHS International

LifeSafe has received its first purchase order for its StaySafe All-in-1 aerosol fire extinguisher and its new 6 litre cannister, featuring the Company's Multi-Purpose Fluid ("MPF"), to Ferndale Lane Investments Ltd trading as EHS International ("EHS International"), the fastest-growing single-source environmental, health and safety provider in Ireland.  MPF is fully tested and proven to effectively extinguish lithium battery fires using the fluid's Exo-suppression and Endo-shield technology.

This purchase order represents new and incremental revenue for LifeSafe, as well as expansion into a significant territory with this highly respected and growing organisation.

Pacific Optics

LifeSafe has received its first purchase order for an initial 18,144 units of its StaySafe All-in-1 aerosol fire extinguisher from Australian-based Pacific Optics PTY Limited ("Pacific Optics"). 

Pacific Optics has been providing general merchandise category solutions to Australian retailers since 1994 with over 6,000 active retail customers throughout Australia.

This first purchase order represents a major growth opportunity for the Group in this region providing new and incremental revenue streams.

Dominic Berger, Chairman of LifeSafe, commented: "We are pleased to announce these new partnerships in Canada, Ireland and Australia with trusted and leading businesses GreenTech, EHS International and Pacific Optics.  Their extensive reach across multiple sectors and organisations will provide a wide audience for the StaySafe All-in-1 brand and the Group's industrial fluids."

Ron Evans, President of GreenTech Fire, commented: "We are excited about the partnership with LifeSafe Technologies, supporting the growth in Canada of the innovative StaySafe All-in-1, a state-of-the-art fire safety device, but also giving us access to their market leading fluids."

Chris Mee, Founder and CEO of EHS International, commented: "We are thrilled to partner with LifeSafe Technologies as the exclusive Irish distributor of their innovative StaySafe All-in-1 and multi-purpose fire extinguishers.  These state-of-the-art extinguishers, tested and independently verified to combat the escalating threat of lithium battery fires, represent a significant advancement in safety technology for our society.

 - Ends -

For further enquiries:

LifeSafe Holdings plc
Dominic Berger, Chairman	[e-mail]
Neil Smith, CEO
Mike Stilwell, CFO
Zeus (Nominated Adviser & Broker)	Tel: [phone]
David Foreman, Alexandra Campbell-Harris (Investment Banking)
Emma Ayton (Sales)

Notes to Editors

About LifeSafe

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 GreenTech  

GreenTech Fire Solutions Inc. provides innovative fire suppression and fire prevention products for industrial, aeronautic, wildfire, EV automotive, marine and home use, from Vancouver, Canada, and servicing North America.

For more see greentechfire.com

About EHS International  

EHS International, founded by Chris Mee, is the fastest-growing single-source EHS provider in Ireland. EHS International services all areas of environmental, health, and safety (EHS), offering a comprehensive suite of services such as safety management, process safety engineering, industrial hygiene, and advanced safety training technologies.

Chris Mee is a seasoned EHS professional with over three decades of expertise in EHS management and delivery.  Beginning his career as a Senior Marine Engineer and later as a Senior Safety Engineer in Intel, Chris went on to establish the Chris Mee Group ("CMG") in 1996, a specialist safety consultancy firm.  Chris sold CMG in 2021. Chris Mee's new company, EHS International, was launched in October 2023, as a new single-source EHS company that develops and implements innovative solutions across all EHS spectrums, from construction safety to occupational health to environmental services.  

The company, supported by a skilled team of over 100 and strategic investments, delivers top-tier services across Ireland, the UK, and beyond, setting industry benchmarks and promoting a safer, more sustainable future.

For more see ehsinternational.com

About Pacific Optics PTY  

Pacific Optics PTY Limited has been providing general merchandise category solutions to Australian retailers since 1994.  They are a vertically integrated operation from the design of proprietary brands through to manufacturing, importing, distributing and marketing to over 6000 active retail customers throughout Australia.

For more see pacificoptics.com

 

END