RCS - FireAngel SafetyTech - Launch of New Standalone Products

Fireangel Safety Technology

05/05/2022 07:00

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RNS Number : 3673K  FireAngel Safety Technology Group  05 May 2022

Reach

5 May 2022

 

FireAngel Safety Technology Group plc

('FireAngel', the 'Company')

 

Launch of New Standalone Products

 

FireAngel (AIM: FA.), one of Europe's leading developers and suppliers of home
safety products, announces that it has launched a new range of optical sensor
smoke and Thermistor sensor heat alarms that incorporate an array of
innovative features. The new standalone range features optical sensing
technology, which works by 'seeing' smoke as it enters the alarm, making it
the perfect detector for slow burning fires. It also features a
quiet-self-test and an escape light to ensure residents find their route to
safety.

 

The products which are being sold in DIY stores and online have already seen
excellent uptake, with orders to date exceeding 315,000 units since launch at
the end of March 2022. The supply for these standalone products has been
secured and orders continue to be fulfilled.

 

John Conoley, Executive Chairman of FireAngel, commented: "The Board is
pleased with the level of initial orders received for the new standalone
products which is slightly ahead of its expectations.

 

FireAngel continues to innovate to meet the needs of our customers and
partners. Our new products feature cutting-edge home safety technology which
is protecting and saving lives."

 

ENDS

For further information, please contact:

 FireAngel Safety Technology Group plc               024 7771 7700
 John Conoley, Executive Chairman
 Zoe Fox, Chief Finance Officer

 Shore Capital (Nominated adviser and joint broker)
 Tom Griffiths/David Coaten                          020 7408 4050

 Singer Capital Markets (Joint broker)
 Rick Thompson/Alex Bond
                                                     020 7496 3000
 Houston (Financial PR)
 Kate Hoare/Joe Burgess                              0204 529 0549

 Notes to Editors

 

About FireAngel Safety Technology Group plc

 

FireAngel's mission is to protect and save lives by making innovative, home
safety products which are simple and accessible. FireAngel is one of the
market leaders in the European home safety products market.

 

FireAngel's principal products are connected smoke alarms, CO alarms, heat
alarms and accessories.  The Company has an extensive portfolio of patented
intellectual property in Europe, the US and other selected territories.
Products are sold under FireAngel's leading brands of FireAngel, FireAngel
Pro, FireAngel Specification and AngelEye.

For further product information, please visit: www.fireangeltech.com
(http://www.fireangeltech.com/)

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