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RNS Number : 9827D LifeSafe Holdings PLC 08 April 2025
8 April
2025
This is a Reach (i.e. non-regulatory) announcement, and the information
contained is not considered to be material or to have a significant impact on
management's expectations of the Company's performance.
LifeSafe Holdings plc
("LifeSafe", the "Group" or the "Company")
United States Distribution Agreement
United States distribution agreement with Artemis AG-Solutions, LLC
LifeSafe (AIM: LIFS), a fire safety technology business with innovative fire
extinguishing and prevention fluids and fire safety products, is pleased to
announce the signing of an agreement between LifeSafe and Artemis
AG-Solutions, LLC ("Artemis") for the supply of the Company's range of bulk
fluids comprising LifeSafe's Multi-Purpose Fluid ("MPF"), a high-performance
multi-fire extinguishing fluid, and Thermal Runaway Fluid ("TRF"), designed to
extinguish and prevent the re-ignition of dangerous lithium battery fires.
Under the terms of the agreement, LifeSafe will supply Artemis with the
Company's range of bulk fluids on a non-exclusive basis in the United States.
The Board expects this agreement to generate sales in the region of $500,000
over the next two years. This agreement is complementary to, and permitted
under, the global distribution agreement announced on 26 March 2025 with
subsidiaries of IDEX Fire & Safety.
About Artemis
Artemis is an industry leader in North America serving the food processing and
biosecurity sector providing cleaning, disinfecting, and sanitising solutions
in commercial and industrial food processing facilities. With its diverse
product offerings and strategic partnerships, Artemis specialises in providing
products that contribute to safer environments across multiple industries.
Joe Drake, Vice President, Artemis, commented:
"We are proud to partner with LifeSafe Technologies to distribute their
cutting-edge fire safety products. LifeSafe's Multi-Purpose Fluid and
extinguisher range address critical safety challenges, such as lithium-ion
battery fires, and align perfectly with our mission to deliver innovative,
reliable solutions to our clients across industrial and commercial sectors."
Dominic Berger, Chairman of LifeSafe, commented:
"The distribution agreement with Artemis is another step forward for our
organisation. The reach of our product range into new and complementary
sectors is significant. As knowledge of our fluids' capabilities and
performance grows, new and exciting markets are looking to become involved
with the LifeSafe product range to support their customers."
For further enquiries:
LifeSafe Holdings plc info@lifesafetechnologies.com
Dominic Berger, Chairman
Neil Smith, Chief Executive Officer
Mike Stilwell, Chief Financial Officer
Notes to Editors
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
(https://www.lifesafeholdingsplc.com/)
LinkedIn: https://www.linkedin.com/company/lifesafe-technologies
(https://www.linkedin.com/company/lifesafe-technologies)
X (formerly Twitter): https://x.com/LifesafeT (https://x.com/LifesafeT)
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