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HAL Halosource CP S

0.55
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Halosource CP S LSE:HAL London Ordinary Share VGG425271126 ORD USD0.0001 (REG S) (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.55 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

HaloSource Corporation Hydration Product Launch

31/05/2018 7:00am

RNS Non-Regulatory


TIDMHAL

HaloSource Corporation

31 May 2018

HaloSource Corporation

("HaloSource" or the "Company")

HaloSource Launches Hydration Products on Leading E-commerce Sites in China

May 31, 2018, (SEATTLE, WA) - Clean water innovator HaloSource, Inc. (HAL.LN, HALO.LN), a global water technology company listed on the London Stock Exchange, is pleased to announce the recent launch of its HaloPure(R) hydration business on two of China's largest e-commerce sites, JD.com and suning.com. The HaloPure(R) purifying pitcher and replacement cartridges are being offered on each of the Company's sites via a distribution agreement with Shanghai JiuBan Industrial Co., Ltd. ("Jiuban") that was previously announced on 21 June 2017.

The HaloPure(R) purification devices available are powered by HaloSource's patented disinfection technology, killing 99.99% of viruses and 99.9999% of bacteria. The purifying pitcher also prevents bacterial recontamination and keeps treated water fresher for longer. In addition to purifying pitchers and replacement cartridges, the Company also expects to offer more hydration products in the future, including a bottle featuring the Company's newest technology platform for heavy metals removal.

James Thompson, Chief Executive Officer of HaloSource commented, "We are very excited to be bringing our best-in-class, HaloPure-branded water purification devices directly to consumers in the Chinese market via two top tier e-commerce sites. Declining water quality continues to be an issue in China and we think we have a unique and innovative offering to help address the market need. No other pitchers on the market combine high-end design and performance."

JD.com is a Chinese self-operated e-commerce company. It is one of the two largest B2C online retailers in China by transaction volume and revenue and is a member of the Fortune Global 500. As of September 2017, the platform has 266.3 million active users and the company currently has a market value of more than $50 billion. The suning chain of stores covers more than 700 cities in China and Japan with nearly 1600 retail stores, and its online platform suning.com ranks among the top retail players in China's B2C market.

Enquiries:

 
 HaloSource Corporation 
 James Thompson, Chief Executive 
  Officer                           (425) 419-2258 
 Craig Crowell, Chief Financial 
  Officer                           (425) 419-2248 
 
 Cantor Fitzgerald Europe 
  (NOMAD and Broker) 
 David Foreman, Richard 
  Salmond                           +44 207 894 7000 
 The Fearey Group (Media 
  Contact) 
 Chris Guizlo                       (206) 838-9211 
                                     astrea@feareygroup.com 
 

About HaloSource

HaloSource Corporation innovates and integrates technologies to deliver clean drinking water solutions to partners with trusted brands around the world. The Company works with scientists and industry experts across the globe in search of new ways to improve drinking water quality and has been awarded more than 30 patents for its ground-breaking chemistries, which provide safe drinking water for millions of consumers globally. The Company's class-leading HaloPure(R) Drinking Water technology has the highest global certifications, including registration with the US EPA.

Founded in Seattle, Washington, HaloSource has grown to become an influential leader in drinking water purification. HaloSource is headquartered in the US with operations in China and India. Learn more about the Company's research and development and future novel technologies by visiting www.halosource.com or www.astreawater.com.

The HaloPure(R) and astrea(TM) brands are trademarks of HaloSource, Inc. All other trademarks, brand names or product names belong to their respective holders.

This document contains certain forward-looking statements relating to the Company. The Company considers any statements that are not historical facts as "forward-looking statements". They relate to events and trends that are subject to risk and uncertainty that may cause actual results and the financial performance of the Company to differ materially from those contained in any forward-looking statement. These statements are made by management in good faith based on information available to them and such statements should be treated with caution due to the inherent uncertainties, including both economic and business risk factors, underlying any such forward-looking information.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

May 31, 2018 02:00 ET (06:00 GMT)

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