HaloSource Inc HaloPure Powered Products in South Africa
December 05 2017 - 2:01AM
RNS Non-Regulatory
TIDMHAL
HaloSource Inc
05 December 2017
5 December 2017
HaloSource, Inc.
("HaloSource" or the "Company")
H20 INTERNATIONAL LAUNCHES HALOPURE POWERED PRODUCTS IN SOUTH
AFRICA
Marks the first sale of HaloPure(R)-powered devices on the
African continent
HaloSource Inc. (HAL.LN, HALO.LN), the global clean water
technology company traded on London's AIM, announces today that its
patented, best-in-class HaloPure(R) disinfection technology is
being utilised to power a line of purifying pitchers sold in retail
outlets across South Africa by H20 International.
H20 International has been selling water filtration products in
South Africa for nearly 24 years and, according to "The Global Home
Water Treatment Industry - Structure and Players, 2015 Edition"
Baytel research report, owns a 12% share of the market (on a
revenue basis), behind only Brita at 15%. The South African market
offers a good opportunity given that tap water quality is highly
variable and media attention has consistently raised questions
about the potability and safety of water there.
James Thompson, Chief Executive Officer of HaloSource
commented:
"We have known the H2O International US team for many years
working with them on several initiatives in Asia and Latin America.
They are well established in the drinking water device business and
have now built the largest network of drinking water retailers in
South Africa in partnership with H2O International SA. As we embark
on our new, augmented strategy of hydration products via OEM and
our own astrea(R) brand, the partners we choose will be critical.
Being promoted through this well-respected channel lends a
tremendous amount of credibility to our technology powered
hydration devices."
Guillermo Guzman, H20 International (US) Founder & President
commented:
"Having been in the drinking water device business for decades,
we are very well versed in the technologies that exist to make
water safe. HaloPure(R) is building a global following as a novel
technology that is powerful in its performance, flexible in its
application and competitive in its cost. We look forward to
promoting the HaloPure(R) powered disinfection devices in our 55
outlets across South Africa and exploring future options with
HaloSource's new heavy-metal removal media within our outlets and
other major retail outlets across South Africa."
Enquiries:
HaloSource, Inc.
James Thompson, Chief Executive
Officer +1 425 419 2258
Craig Crowell, Chief Financial
Officer +1 425 419 2248
Liberum Capital (NOMAD
and Broker)
Richard Bootle, Jill Li,
Steve Pearce +44 203 100 2222
Cantor Fitzgerald Europe
(Joint Broker)
Andrew Craig, Richard Salmond +44 207 894 7000
About HaloSource
HaloSource, Inc. innovates and integrates technologies to
deliver clean drinking water solutions to partners with trusted
brands around the world. The Company works with scientists and
industry experts across the globe in search of new ways to improve
drinking water quality and has been awarded more than 30 patents
for its ground-breaking chemistries, which provide safe drinking
water for more than 10 million consumers globally. The Company's
class-leading HaloPure(R) Drinking Water technology has the highest
global certifications, including registration with the US EPA.
Founded in Seattle, Washington, HaloSource has grown to become
an influential leader in drinking water purification. HaloSource is
headquartered in the US with operations in China and in India.
Learn more about the Company's research and development and
future cutting edge technologies by visiting
www.halosource.com.
The HaloPure(R) and astrea(R) brands are registered trademarks
of HaloSource, Inc. All other trademarks, brand names or product
names belong to their respective holders.
About H20 International
For more than 20 years, H20 International has supplied dealers
and distributors around the world with water filtration devices,
each of which has played a key part in establishing the company as
a manufacturing leader of affordable, high quality systems. Using
high-grade components and the finest media available, they have
continuously improved their product line to adapt to new markets,
changing regulations and the increased demand for high-quality
water. For many clients, they provide private labeling and
customized products. H20 International proudly maintains a
supportive staff that promptly responds to the needs of our
domestic and overseas distributors.
H(2) O International is also a sponsor of Wishing Well
International Foundation, a non-profit organization that brings
clean, safe drinking water to developing areas.
This document contains certain forward-looking statements
relating to the Company. The Company considers any statements that
are not historical facts as "forward-looking statements". They
relate to events and trends that are subject to risk and
uncertainty that may cause actual results and the financial
performance of the Company to differ materially from those
contained in any forward-looking statement. These statements are
made by management in good faith based on information available to
them and such statements should be treated with caution due to the
inherent uncertainties, including both economic and business risk
factors, underlying any such forward-looking information.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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