13th Sep 2006 07:03
PuriCore Plc13 September 2006 PuriCore Announces Major Supermarket Contract Awarded to Sterilox Food Safety Division MALVERN, PENNSYLVANIA, and STAFFORD, UK, September 13, 2006 -- PuriCore plc("PuriCore") (London Stock Exchange: PURI), the developer of a novel, safetechnology that mimics the human body's natural anti-microbial, hypochlorousacid, announces today that its Sterilox Food Safety division has been awarded acontract from a major US supermarket chain, worth approximately $3.3 million incumulative revenue and cash flow over a three year period. This contract, whichis the second largest in PuriCore's history, represents an initial order forjust over 200 Sterilox Systems to be leased over a three year period.Installation of these Systems is expected to commence in September and to becompleted by the end of the year. With this new order, PuriCore anticipates it will have an installed base of over1,400 Sterilox Systems in US supermarkets by year end. The Sterilox System produces a food safe sanitizer from only water and commonsalt which, when converted through patented technology, provides retailers witha solution to potential cross contamination of harmful bacteria or spoilageorganisms in the produce, seafood and floral departments. The Sterilox System'sproprietary technology has been proven to substantially reduce shrink and labourcosts while improving the freshness and safety of retailers' products. TheSterilox System is fully automated and uses very little floor space, which isideal for supermarket backrooms. The sanitizer is non-toxic, food safe, FDAallowed and EPA registered. Tom Daniel, Senior Vice President of PuriCore's Sterilox Food Safety division,commented, "Over the past few years, Sterilox Food Safety has pioneered thismarket segment with numerous leading grocery retailers. Our leadershipposition, both in technology advancement and commercial know-how, is evidence ofthe value that we continue to deliver to our customers." Greg Bosch, CEO of PuriCore, added, "We have seen excellent growth in our FoodSafety division this year and this new contract confirms the potential for ourtechnology to maintain the freshness and safety of food. With trials underwayat a number of other major US supermarket chains, we are confident ofmaintaining our momentum in this sector." FOR FURTHER INFORMATION: PuriCore plc Tel: +1 (484) 321-2701Greg Bosch, Chief Executive OfficerKeith A. Goldan, Chief Financial Officer Financial Dynamics Tel: +44 (0) 20 7831 3113David YatesSarah MacLeodJohn Gilbert ABOUT PURICORE PLC PuriCore is a life sciences company focused on the development andcommercialization of its proprietary technology that mimics the production bythe human body of its natural anti-microbial, hypochlorous acid. Hypochlorousacid is highly effective at killing pathogens such as bacteria, viruses andfungi and yet is safe and environmentally friendly. PuriCore's solutions haveapplications in a wide range of markets where it is important to controlmicrobial contamination. These markets include medical device disinfection,food safety, dental equipment decontamination, environmental remediation,hospitality, water safety, wound management and other applications intended tolimit the spread of infectious disease, including major global disease threatssuch as Tuberculosis, MRSA, Influenza, E.coli, Norovirus, HIV, polio, HepatitisA, H.pylori and Legionella. PuriCore markets a portfolio of branded systems which produce hypochlorous acidsolutions on-site at a customer's location from water, electricity and commonsalt. These solutions are generated at a range of concentrations and at anearly neutral pH range similar to the human body. They are effective as soaks,sprays, mists and in other forms. PuriCore is headquartered in Malvern, Pennsylvania and has offices in Stafford,UK. To receive additional information on the Company, please visit our Web site atwww.puricore.com, which does not form part of this press release. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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