8th Apr 2025 07:00
8 April 2025
This is a Reach (i.e. non-regulatory) announcement, and the information contained is not considered to be material or to have a significant impact on management's expectations of the Company's performance.
LifeSafe Holdings plc
("LifeSafe", the "Group" or the "Company")
United States Distribution Agreement
United States distribution agreement with Artemis AG-Solutions, LLC
LifeSafe (AIM: LIFS), a fire safety technology business with innovative fire extinguishing and prevention fluids and fire safety products, is pleased to announce the signing of an agreement between LifeSafe and Artemis AG-Solutions, LLC ("Artemis") for the supply of the Company's range of bulk fluids comprising LifeSafe's Multi-Purpose Fluid ("MPF"), a high-performance multi-fire extinguishing fluid, and Thermal Runaway Fluid ("TRF"), designed to extinguish and prevent the re-ignition of dangerous lithium battery fires.
Under the terms of the agreement, LifeSafe will supply Artemis with the Company's range of bulk fluids on a non-exclusive basis in the United States. The Board expects this agreement to generate sales in the region of $500,000 over the next two years. This agreement is complementary to, and permitted under, the global distribution agreement announced on 26 March 2025 with subsidiaries of IDEX Fire & Safety.
About Artemis
Artemis is an industry leader in North America serving the food processing and biosecurity sector providing cleaning, disinfecting, and sanitising solutions in commercial and industrial food processing facilities. With its diverse product offerings and strategic partnerships, Artemis specialises in providing products that contribute to safer environments across multiple industries.
Joe Drake, Vice President, Artemis, commented:
"We are proud to partner with LifeSafe Technologies to distribute their cutting-edge fire safety products. LifeSafe's Multi-Purpose Fluid and extinguisher range address critical safety challenges, such as lithium-ion battery fires, and align perfectly with our mission to deliver innovative, reliable solutions to our clients across industrial and commercial sectors."
Dominic Berger, Chairman of LifeSafe, commented:
"The distribution agreement with Artemis is another step forward for our organisation. The reach of our product range into new and complementary sectors is significant. As knowledge of our fluids' capabilities and performance grows, new and exciting markets are looking to become involved with the LifeSafe product range to support their customers."
For further enquiries:
LifeSafe Holdings plc | |
Dominic Berger, Chairman | |
Neil Smith, Chief Executive Officer |
|
Mike Stilwell, Chief Financial Officer |
Notes to Editors
LifeSafe is a fire safety technology business that develops eco-friendly, novel and innovative fire extinguishing and prevention fluids and life-saving fire safety products. LifeSafe has developed a market disrupting range of eco-friendly fire safety protection products; a new patent-pending Thermal Runaway Fluid to combat lithium battery fires by permanently extinguishing and preventing re-ignition, and the StaySafe All-in-1, a handheld eco-friendly and fully recyclable extinguisher which is verified to extinguish ten different types of fire. LifeSafe is successfully creating new markets for the Group in fire safety through its innovative technologies, products, digital marketing and multi-channel sales; and is continuing to develop new fluid derivations for applications in various industrial market sectors.
LifeSafe was admitted to trading on AIM in July 2022 with the ticker LIFS.
For further information please visit: https://www.lifesafeholdingsplc.com
LinkedIn: https://www.linkedin.com/company/lifesafe-technologies
X (formerly Twitter): https://x.com/LifesafeT
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