Sprue Aegis plc New Product Launch
07 September 2017 - 4:01PM
RNS Non-Regulatory
TIDMSPRP
Sprue Aegis plc
07 September 2017
7 September 2017
Sprue Aegis plc
("Sprue", the "Company" or the "Group")
New Product Launch
Launch of UK's first battery-powered Natural Gas Alarm
Sprue (AIM: SPRP), one of Europe's leading developers and
suppliers of home safety products, today announces the launch of
the UK's first battery-powered "Natural Gas Detector", a major new
product innovation for the Company, under the Group's FireAngel(R)
brand.
The FireAngel(R) Natural Gas Detector is uniquely powered by
replaceable batteries and is simple to use as a portable or
freestanding device. Designed and independently tested to meet the
European standard for domestic combustible gas detectors (BS EN
50194), the unit features a semi-conductor catalytic sensor that
continuously detects combustible gas plus "smart" test, silence and
reset buttons for ease of use.
The FireAngel(R) Natural Gas Detector extends the Group's
product range and broadens Sprue's potential addressable market to
more than 300 million households in mainland Europe and over 25
million in the UK alone. Not only is natural gas explosive, it can
also cause death by suffocation and its presence is not always
detected.
Graham Whitworth, Executive Chairman of Sprue, commented:
"The FireAngel(R) Natural Gas Detector is an excellent example
of how Sprue's focus on new product development and innovation can
create expanded market opportunities for the Company. With the use
of natural gas increasing, customers want a simple, battery-powered
device to alert them to the dangers of natural gas either whilst in
or out of the home. Sprue remains committed to the development of
pioneering home safety products."
For further information, please contact:
Sprue Aegis plc 02477 717 700
Graham Whitworth, Executive
Chairman
Neil Smith, Group Chief Executive
John Gahan, Group Finance Director
Vigo Communications
Jeremy Garcia / Fiona Henson
/ Natalie Jones 020 7830 9700
Stockdale Securities 0207 601 6100
Tom Griffiths
Notes to Editors
About Sprue Aegis plc
Sprue's mission is to protect, save and improve our customers'
lives by making innovative, leading edge technology simple and
accessible. Sprue is one of the market leaders in the European home
safety products market and launched its own connected homes product
proposition at the end of 2016.
Sprue's principal products are smoke alarms, CO 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 Sprue's leading brands of
FireAngel, FireAngel Pro, SONA, AngelEye and FireAngel Connect. For
further product information, please visit: www.sprue.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRASSFESMFWSEEU
(END) Dow Jones Newswires
September 07, 2017 02:01 ET (06:01 GMT)
Fireangel Safety Technol... (LSE:FA.)
Historical Stock Chart
From Apr 2024 to May 2024
Fireangel Safety Technol... (LSE:FA.)
Historical Stock Chart
From May 2023 to May 2024