TIDMFA.

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

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 or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word "Reach" in the source column of the News Explorer pages of London Stock Exchange's website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

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.

END

NRASSFFWLEESEEI

(END) Dow Jones Newswires

May 05, 2022 02:02 ET (06:02 GMT)

Fireangel Safety Technol... (LSE:FA.)
Historical Stock Chart
From Jul 2022 to Aug 2022 Click Here for more Fireangel Safety Technol... Charts.
Fireangel Safety Technol... (LSE:FA.)
Historical Stock Chart
From Aug 2021 to Aug 2022 Click Here for more Fireangel Safety Technol... Charts.