HaloSource Corporation Retailer Order for astrea (9568U)

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RNS Number : 9568U

HaloSource Corporation

18 July 2018

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

HaloSource Corporation

("HaloSource" or the "Company")

HaloSource Announces Launch Retail Customer for astrea(TM) ONE Lead Removal Bottle

July 18, 2018, (SEATTLE, WA) - Clean water innovator HaloSource Corporation (HAL.LN, HALO.LN), a global water technology company listed on the London Stock Exchange, is pleased to announce that it has received initial orders for its new astrea(TM) ONE lead filtering bottle from its first retail customer in the US, Sur La Table, Inc. ("Sur La Table"). The Company expects to launch its new bottle in all Sur La Table stores in Q4 of this year. The US is currently experiencing a crisis in water quality caused by ageing infrastructure and astrea(TM) ONE has been developed to combat the growing issue. The astrea(TM) ONE is expected to be the world's first and only NSF53-certified bottle for the removal of lead. Testing for the lead-certification at the Water Quality Association (WQA) labs was successfully completed in June and the official certification is expected in Q3 2018.

Sur La Table, Inc. is a privately held retail company based in Seattle, Washington that sells premium kitchenware products, housewares, hydration, food and outdoor products. Sur La Table sells its products in over 100 stores in 30 states across the United States, as well as through their website and catalogs viewed by millions of people annually.

James Thompson, Chief Executive Officer of HaloSource commented, "We are thrilled to be bringing our best in class astrea(TM) ONE lead filtering bottle to the market with Sur La Table, a premium housewares retailer that is very aware of the lead issue in our water, the damaging effects of lead and the importance of NSF53 certification. Sur La Table is the first of many retailers we expect to add in the next 6 to 12 months for astrea products and we look forward to seeing our best-in-class lead removal bottle on their shelves across the US this holiday season."

Enquiries:

 
 HaloSource Corporation 
 James Thompson, Chief Executive 
  Officer                           [phone] 
 Craig Crowell, Chief Financial 
  Officer                           [phone] 
 
 Cantor Fitzgerald Europe (NOMAD 
  and Broker) 
 David Foreman / Richard Salmond    [phone] 
 WH Ireland (Joint Broker) 
 Tim Feather / Chris Viggor         [phone] 
 

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.

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July 18, 2018 02:00 ET (06:00 GMT)