Zenova Group PLC (AIM: ZED) is pleased to announce that via Omnis LLC (its sub-distributor in the USA) it has received an initial order from Big Battery LLC based in California. Due for immediate delivery. Big Battery is the largest lithium battery supplier in the USA and has purchased 500 units of FX500 following a trial in which the mini extinguisher successfully extinguished a lithium battery fire. Such fires have proved very difficult if not impossible to put out using conventional methods. Management expects the initial order to lead to further more substantial orders in the near future.
Zenova - a provider of fire safety and heat management technology solutions to a wide range of users across the globe, has begun production of the FX500 in USA as well as the UK. The FX500 is now ready for both the retail and commercial markets, having significant performance capabilities of extinguishing all fire types at the simple push of a button even operating at -10 centigrade.
Commenting on the sale to Big Battery, Beau Preston, President of Omnis, said: Following our initial product launch at the Anaheim Disaster Trade show in California, we had tremendous interest and excitement in Zenova products (IP, IR, FP) but primarily the FX500 and WB. The subsequent interest from Big Battery alongside large players in the transport and logistics industry as well as the retail sector gave us confidence to place our first order for the FX500. Gaining interest from a large player such as Big Battery, who know very well the challenges of battery fires, is certainly an encouraging start. It is our belief that the FX500 could perform strongly in the USA in the near term.
Commenting on the FX500, Tony Crawley, CEO of Zenova Group PLC, said: Following the production in the USA it is very encouraging that a customer engaged in lithium battery supply has chosen the FX500 as the solution to lithium battery fires which have proved intractable to extinguish. This follows a successful trial in which the FX500 extinguished a lithium battery fire in the presence of Big Battery personnel. We expect this to be the first of many orders as we experience demand for his product not just in the USA but around the world given its powerful properties extinguishing all fires.
For further information please contact:
Zenova Group PLC
Tony Crawley, Chief Executive Officer
Don Nicolson, Executive Chairman
Via Orana Corporate LLP:
Anthony Eastman
Tel: +44 20 3475 6834
SPARK Advisory Partners Limited (Nominated Adviser)
Matt Davis / Adam Dawes
Tel: +44 20 3368 3550
SI Capital Limited (Broker)
Nick Emerson
Tel: +44 1483 413 500
About Zenova Group PLC:
The Group, through Zenova Ltd, is the holder of intellectual property that underpins a suite of fire safety and temperature management products and technology. The product range is applicable to industrial, commercial, and residential markets. The Group's products include fire retardant paints, insulating paints and render, fire extinguishing fluid and applications. Through innovative development, and a refined formulation and development process, Zenova provides industry leading solutions across a range of fire protection and temperature management problems, comprising:
A water-based fire-protection paint that prevents ignition and spread of fire. It can be used in commercial, industrial, and domestic applications on variety of materials, from wood to metal.
Patent pending fire extinguisher filled with proprietary Zenova Fluid (Zenova FXB) that extinguishes all types of fires, reduces chances of re-ignition, works in cold (-15 ̊C) conditions, is non-toxic and does not produce harmful by-products.
Thermal insulation paint that creates a thermal barrier, provides thermal reflection of sunrays and infrared radiation, anti-condensation, and anti-mould properties. It can be applied to virtually any exterior or interior material, regardless of the surface.
Thermal insulation render to enhance the effectiveness of insulation by creating a thermo shield. It fills all cavities and gaps regardless of geometric shape and creates a vacuum - the most effective insulator.
A wildfire barrier fluid (applied via spray wands or aerial drops), which provides a virtual barrier where fire simply will not burn. Repeated tests on a variety of extremely dry wildfire fuels (grasses, hays, brush) demonstrates the incredible fire resistance Zenova WB provides, while remaining viable after application for 30+ days in dry conditions.
The Group has achieved this without compromising the sustainability of natural and economical resources, including personal health and safety, with ecologically sound products.
