9 Jan 2014 07:00
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® 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® Pool and Spa treatment products bring both natural biopolymers and antimicrobial applications for treating recreational water.
· HaloShield® 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® 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 1st 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.
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