REG - LifeSafe Holdings - Global Distribution Agreement

LifeSafe HoldingsAnnouncement

26/03/2025 07:00

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RNS Number : 1282C  LifeSafe Holdings PLC  26 March 2025

The information communicated within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulations (EU) No.
596/2014 as it forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the
Company's obligations under Article 17 of MAR. Upon the publication of this
announcement, this inside information is now considered to be in the public
domain.

 

 For immediate release    26 March 2025

 

 
 

LifeSafe Holdings plc

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

 

Global Distribution Agreement

 

Global distribution agreement gives LifeSafe access to worldwide professional
fire safety market

 

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 exclusive global distribution agreement between
LifeSafe and Hurst Jaws of Life, Inc and Vetter GmbH two subsidiary companies
of IDEX Fire & Safety (the "Agreement").

 

The Agreement

 

The Agreement is for an initial 18-month term and relates to the exclusive
global supply of the Company's wholesale and industrial fire extinguishing and
prevention products into the professional fire sector. As is common with such
agreements, there is no guaranteed minimum income arising from the Agreement,
however LifeSafe estimates that revenue attributable to LifeSafe of between
£6-8 million could be generated over the next three years.

 

LifeSafe believes the Agreement will rapidly open up new territories and
market sectors for the Company's products.

 

The Agreement follows the Company's announcement entitled 'Business Outlook',
released on 10 February 2025, which referred to being in advanced negotiations
for a global distribution agreement. Following the signing of this Agreement,
LifeSafe expect a purchase order worth around €400k will be made by IDEX
Fire & Safety in the near future.

 

About IDEX Fire & Safety

 

IDEX Fire & Safety businesses are a group of diverse, speciality
manufacturers of highly-engineered solutions that solve mission-critical
problems within fire and safety, fire suppression, rescue, and municipal
markets. These businesses (https://www.idexcorp.com/business-directory/) are
committed to customer satisfaction and show that commitment through a broad
portfolio of innovative, quality products and services.

 

Trusted and recognised worldwide, IDEX Fire & Safety's leading brands are:
Akron Brass, AWG, Class 1, Dinglee, Hale, Hurst Jaws of Life®, Godiva, LUKAS,
Vetter, and Weldon.  Product offerings include truck-mounted fire pumps,
valves, monitors and controls, nozzles, lighting, appliances, and rescue and
recovery tools.

 

These collaborative, cross-functional businesses and teams come together to
provide comprehensive solutions to help solve mission-critical problems, save
lives and better the world in which we live.

 

Dominic Berger, Chairman of LifeSafe, commented: "I am proud to announce this
global distribution agreement with IDEX Fire & Safety.  It is testament
to the strategy, professional team and highly effective products we have
developed at LifeSafe over recent years which address the global structural
challenges and opportunities within the fire safety market driven by
legislative change, new technology and environmental concerns.  We are
delighted IDEX Fire & Safety has thoroughly tested our product and fluid
ranges and have chosen to sell the LifeSafe branded products alongside their
impressive brand portfolio of products.

 

This potentially transformational partnership will open the world of fire
safety to both LifeSafe's current and exciting new products launching in 2025,
combining the vast experience, expertise and distribution network IDEX Fire
& Safety bring across their marketplace of over 120 countries."

 

Wilhelm Schnicke, VP of IDEX Fire & Safety EU Sales, commented: "At IDEX
Fire & Safety, our mission has always been to equip those on the front
lines with the most advanced, reliable, and effective products available.
LifeSafe's fire extinguishing fluids and range of products perfectly fit this
vision, offering innovative solutions to some of today's most pressing fire
risks.

 

This global partnership with LifeSafe Technologies strengthens our ability to
innovate, adapt, and deliver cutting-edge products that solve real-world
challenges across public safety, firefighting, and fire protection
industries.  By combining LifeSafe's revolutionary product range with our
global reach and expertise, we enhance safety, efficiency, and environmental
responsibility for first responders and fire professionals worldwide."

 

For further enquiries:

 

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

 Zeus (Nominated Adviser & Broker)                              Tel: +44 (0) 203 829 5000
 David Foreman, Alexandra Campbell-Harris (Investment Banking)
 Emma Ayton (Sales)

 

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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