24 Aug 2011 18:09
NOTICE OF INTERIM RESULTS - UPDATED
Seattle, U.S.A. - HaloSource, Inc. ("HaloSource" or "the Company") (HAL.LN, HALO.LN), the clean water and antimicrobial technology company, will announce its interim results for the 6-month period ending 30 June 2011 on 15 September 2011. The interim results will also be placed on the Company's website at www.halosource.com on that date.
The results will be released at 4:31p.m. British Summer Time (8:31a.m. Pacific Daylight Time) and HaloSource management will hold a conference call from the Company's headquarters in Seattle to discuss results with investors and analysts at 5:00p.m. British Summer Time (9:00a.m. Pacific Daylight Time) on the same day.
Those investors and analysts wishing to dial-in are kindly asked to contact Charlie Carter at Brunswick Group by telephone on +44 207 404 5959.
ENDS
Contacts
HaloSource
James Thompson, CFO +1 425-974-1993
Brunswick Group +44 207 404 5959
Justine McIlroy/Patrick Handley
Elizabeth Adams/Dania Saidam
Liberum Capital (NOMAD) +44 203 100 2222
Simon Atkinson/Richard Bootle
Notes to Editors
About HaloSource
HaloSource is a clean water technology company, headquartered in Seattle, US with operations in India and China. It is focused on the provision of cleaner, clearer and safer water using its proprietary N-halamine bead technology to clean and purify water, killing bacteria and viruses that may cause disease.
HaloPure provides safer drinking water. In 2009, it became the first new drinking water technology in 30 years to be granted both Manufacture-For-Use and Device registrations by the United States Environmental Protection Agency (USEPA), which is widely recognized as having the world's most stringent performance requirements for water purification. HaloPure® is a unique contact biocide technology that is proven to attack and kill a wide range of harmful micro-organisms and is approved for long-term use in a variety of markets, including the United States.
SeaKlear and StormKlear products use a second technology based on natural bio-polymers to provide water clarification and antimicrobial applications for treating recreational and environmental water; and HaloShield facilitates the binding of chlorine-based bleach to textiles such as sheets, lab coats and towels. www.halosource.com
About HaloSource's Markets
HaloPure products are principally targeted at consumers in emerging market countries, where access to safe drinking water is particularly poor. In an independent analysis of the global Point of Use drinking water device market carried out in 2005, Frost and Sullivan concluded that:
·; the market for residential water treatment equipment in China was estimated at $960 million in 2005, growing at an annual rate of 20.4 per cent between 2004 and 2011;
·; the market for residential drinking water devices in India was estimated at $425 million in 2009, and experiencing growth of approximately 25 per cent annually; and
·; in 2005 the global markets for filtration formats in the form of under-the-sink, counter top and replacement cartridges were growing annually at 20 per cent, 21 per cent and 18 per cent, respectively.
The World Health Organisation has estimated that 1.1 billion people lack access to safe drinking water and the Centre for Disease Control is recommending Point Of Use filtration and disinfection.