HaloSource Inc HALOPURE® CHINA APPROVAL CERTIFICATE RENEWED (9454L)
May 01 2015 - 2:00AM
UK Regulatory
TIDMHAL TIDMHALO
RNS Number : 9454L
HaloSource Inc
01 May 2015
1 May2015
HaloSource, Inc.
("HaloSource" or the "Company")
HALOPURE(R) CHINA APPROVAL CERTIFICATE RENEWED BY THE CHINESE
NATIONAL HEALTH REGULATORY AUTHORITY
HaloSource Inc. (HAL.LN, HALO.LN), the global clean water
technology company traded on London's AIM, is pleased to announce
today that the Company has successfully had its approval
certificate renewed by the former Chinese Ministry of Health
("MOH") for HaloPure(R) for use in drinking water purification
devices, in what is a rapidly growing business segment. HaloPure(R)
media has similarly been registered with the United States
Environmental Protection Agency.
HaloPure(R) was the first new water purification technology to
be approved, in April 2011, under a rigorous standard developed by
China's MOH. Due to a structural change in 2014 by the Chinese
central government, the former MOH has been merged into the
"National Health and Family Planning Commission", and the
regulatory authorities for water safety are now decentralized to
provincial and municipal levels. While the contents and effects
remains the same for the new certificate in China for HaloPure(R),
the authorization body is now from the "Shanghai Health and Family
Planning Commission." HaloPure(R)'s certificate is nationally
accepted across all regions of China, helping to ensure their
partnerships with leading consumer goods companies continue to
strengthen and that their partners continue to deploy products,
which leverage their drinking water purification technology,
nationally across China.
HaloSource's partnership with Perfect, a leading global supplier
of consumer goods in the direct selling channel in China, was first
announced in April 2012. The companies worked together through
extended research and development and Perfect chose HaloSource's
HaloPure(R) media as the key enabling technology in its very first
water purifier launched in China in September 2012. Under the terms
of the supply agreement, Perfect holds the exclusive right to sell
pressurized water purification devices powered by HaloPure(R)
technology through its direct sales channels in China. Perfect is
continuing a national roll out of its pressure fed water
purification device.
In December 2014, HaloSource extended its stand-still agreement
with a major multi-national consumer goods company ("MNC") for
incorporation of its leading bromine-based HaloPure(R) disinfection
technology in their devices sold in China for the third consecutive
year, while continuing to ship cartridges in support of their
national launch in China. HaloSource has partnered with the MNC
since 2012 and supplied its HaloPure(R) disinfection technology for
deployment in certain gravity fed water purification devices sold
through the retail and online channels on an exclusive basis.
Martin Coles, CEO of HaloSource, commented,
"We are delighted that HaloPure(R) has had its approval
certificate renewed by the Chinese national health regulatory
authority for its use in drinking water purification devices across
China, which further endorses HaloPure(R)'s class-leading
technology.
Through our partnerships with the world's leading multi-national
companies in China, such as Perfect, our innovative, proprietary
technology continues to support them and the significant potential
of this market as they continue their national roll out and
launches in China."
Enquiries:
HaloSource
Martin Coles, Chief Executive
Officer +1 425 974 1975
James Thompson, Chief Financial
Officer +1 425 974 1993
Liberum Capital (NOMAD and Broker)
Richard Bootle/Jill Li/Steve
Pearce +44 203 100 2222
Allenby Capital (Joint Broker)
Chris Crawford/Kat Perez +44 203 328 5656
Newgate (PR Adviser) +44 207 680 6550
James Benjamin/Andre Hamlyn/Lois halosource@newgatecomms.com
Engstrand
About HaloSource
HaloSource, Inc. creates innovative solutions for water
purification that serve people, preserve the planet and protect our
most valuable resource. The Company works with scientists and
industry experts across the globe in search of new ways to improve
water quality and has been awarded more than 70 patents for its
ground breaking chemistries, which provide effective and
environmentally responsible solutions to the growing issue of water
stress.
Founded in Seattle, Washington, HaloSource has grown to become
an influential leader in three market segments: drinking water,
recreational water, and environmental water treatment and
remediation. 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.
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
The company news service from the London Stock Exchange
END
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