HaloSource Inc HaloSource Extends Strategic Partnership (2328X)
January 09 2014 - 2:00AM
UK Regulatory
TIDMHAL TIDMHALO
RNS Number : 2328X
HaloSource Inc
09 January 2014
For Immediate Release 9 January 2014
HaloSource Extends Strategic Partnership
BOTHELL, WA (US)-HaloSource, the clean water and antimicrobial
technology company, has extended a stand-still agreement with a
major multinational consumer goods company, to whom HaloSource is
providing its class leading HaloPure(R) disinfection technology on
an exclusive basis, for incorporation in certain gravity fed water
purification devices currently being sold in China.
HaloSource signed a one year "stand-still" agreement for
segments of the Chinese market in November 2012 and under the terms
of the agreement's extension, the company has agreed to extend this
period for a further year in exchange for a one time payment of
US$500,000.
HaloPure media has been registered with the United States
Environmental Protection Agency (USEPA) and is approved by the
Chinese MoH (Ministry of Health) for use in drinking water
purification.
Martin Coles, CEO of HaloSource, commented, "We are delighted to
be able to announce the extension of this partnership and we are
looking forward to advancing the role that our unique technology
will play in purifying drinking water for millions of future
consumers, building on the base of 5 million people who are
protected by our class leading technology today."
Enquiries:
HaloSource
James Thompson, Chief Financial
Officer +1 425 974 1993
Martin Coles, Chief Executive
Officer +1 425 974 1930
Buchanan +44 207 466 5000
Charles Ryland/Clare Akhurst
Liberum Capital (NOMAD)
Simon Atkinson/Richard Bootle +44 203 100 2222
HaloSource Technologies that Protect Water and Textiles:
-- HaloPure mediais the most flexible, price-competitive
disinfection solution for clean drinking water in the industry. In
2009, it became the first drinking water technology in 30 years to
be registered by the United States Environmental Protection Agency
(USEPA), widely recognized as having the world's most stringent
performance requirements for water purification. In 2010, HaloPure
media was approved by China's Ministry of Health (MOH) and
recognized for meeting the world's most stringent water
purification requirements, a key differentiator for our
multi-national partners. In Brazil, the use of HaloPure media has
met or exceeded all appropriate standards of the National Institute
of Metrology, Standardization and Industrial Quality (INMETRO).
-- SeaKlear(R) Pool and Spa treatment products bring both
natural biopolymers and antimicrobial applications for treating
recreational water.
-- HaloShield(R) products consist of antimicrobial coatings
solutions that employ unique technology that binds chlorine-based
bleach to textiles such as sheets, lab coats and towels for use as
a non-toxic biocide.
HaloSource Technologies that Preserve the Environment:
-- HaloKlear(R) products use natural biopolymers providing
industrial water clarification with dramatic reductions in
ecological impact.
HaloSource Initiatives that Celebrate Clean Water:
-- HaloSource supports organizations dedicated to sustainable
clean water projects. Earlier this year, we were proud to be a
presenting sponsor in the 2012 Carry5 awareness and fundraising
event benefiting Water 1(st) International.
HaloKlear, HaloPure, SeaKlear and HaloShield are either
trademarks or registered trademarks of HaloSource, Inc. All other
trademarks, brand names or product names belong to their respective
holders.
# # #
This information is provided by RNS
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