Launch of New Standalone Products
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:
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FireAngel Safety Technology Group plc |
024 7771 7700 |
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John Conoley, Executive Chairman |
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Zoe Fox, Chief Finance Officer |
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Shore Capital (Nominated adviser and joint broker) |
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Tom Griffiths/David Coaten |
020 7408 4050 |
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Singer Capital Markets (Joint broker) |
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Rick Thompson/Alex Bond |
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020 7496 3000 |
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Houston (Financial PR) |
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Kate Hoare/Joe Burgess |
0204 529 0549 |
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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
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