RCS - LifeSafe Holdings - Launch of new non-toxic wildfire fluid

LifeSafe HoldingsAnnouncement

11/12/2023 07:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231211:nRSK2570Wa&default-theme=true

RNS Number : 2570W  LifeSafe Holdings PLC  11 December 2023

For immediate
release
11 December 2023

 

RNS Reach

LifeSafe Holdings plc

 

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

 

Launch of new non-toxic wildfire fluid

 

LifeSafe (AIM:LIFS), a fire safety technology business with innovative fire
extinguishing fluids and fire safety products, announces the launch of its new
patent pending wildfire extinguishing fluid, Wildfire Pro. Wildfire Pro is a
non-toxic and fluorine-free wildfire fluid engineered to suppress, extinguish
and prevent the spread of devastating wildfires. Unlike current fluorine-based
fluid solutions, Wildfire Pro's non-toxic and fluorine-free properties pose no
chemical threat to wildlife or natural ecosystems.

 

Wildfire Pro controls wildfires through LifeSafe's patent pending fluid,
incorporating the Company's EndoShield and ExoSuppression technologies, which
first absorbs the energy and heat from the fire, and then prevents re-ignition
by stopping any further oxygen from fuelling embers. Through lengthy testing
and development, it was identified that the fluid can be used as a retardant
when used as a pre-treatment, presenting a truly complete solution when
tackling deadly forest fires. The spraying of the fluid onto land creates a
barrier to fire from which the applied area will simply not ignite. See
Wildfire Pro in action at www.lifesafeindustrial.com
(http://www.lifesafeindustrial.com)

 

The greatest number of wildfires are predominantly in North America, South
America, Australia and Southern Europe, with parts of Asia and Eastern Europe
also experiencing a growing number of fires. Wildfires are forecast to grow by
over 40 per cent. in the next 25 years as weather patterns and temperatures
change. The significant total cost of wildfires is in the billions with some
recent data from Europe suggesting the 2022 Wildfire season in Europe alone
cost €2.97bn 1 .

 

Dominic Berger, Chairman of LifeSafe, commented: "We are proud to announce
another new fluid to add to our family of fire suppression technologies.
Wildfire Pro provides a complete solution to both tackle and prevent
devastating wildfires. The launch of the new fluid will open up new
partnership and geographic markets for the Group."

 

 1  According to the European Forest Fire Information System:
https://effis.jrc.ec.europa.eu/ (https://effis.jrc.ec.europa.eu/)

 

For further enquiries:

 

 LifeSafe Holdings plc                                 Via FTI Consulting
 Dominic Berger, Chairman                              info@lifesafetechnologies.com
 Neil Smith, Chief Executive Officer
 Mike Stilwell, Chief Financial Officer

 WH Ireland Limited (Nominated Adviser & Broker)       Tel: +44 (0) 20 7220 1666
 Chris Fielding
 Darshan Patel
 Isaac Hooper

 FTI Consulting (Financial Communications)             Tel: +44 (0) 20 3727 1000
 Tom Hufton                                            LifeSafe@fticonsulting.com
 Harriet Jackson
 Liam Gerrard

 

Notes to Editors

 

LifeSafe is a fire safety technology business that develops eco-friendly,
novel and innovative fire extinguishing 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 and the number one selling fire extinguisher on Amazon UK.  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
(https://www.lifesafeholdingsplc.com/) .

LinkedIn: https://www.linkedin.com/company/lifesafe-technologies
(https://www.linkedin.com/company/lifesafe-technologies)

Twitter: https://twitter.com/LifesafeT (https://twitter.com/LifesafeT)

( )

(#_ftnref1)

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAFBLLFXLLFFBE