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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 astrea Passes Rigorous Testing

21/05/2018 7:01am

RNS Non-Regulatory


TIDMHAL

HaloSource Corporation

21 May 2018

HaloSource Corporation

("HaloSource" or the "Company")

astrea(TM) Bottle Passes Rigorous Testing for Lead Reduction

May 21, 2018, (SEATTLE, WA) - Clean water innovator HaloSource Corporation ("HaloSource" or the "Company") announces today that its astrea(TM) water bottle has successfully completed testing which will enable certification of the bottle to the NSF 53 standard for lead reduction in the second half of 2018. This is a significant milestone for the Company, its patent-pending technology and for consumers, as the bottle will offer "best-in-class" protection from lead contamination and is expected to be the only bottle in the world certified to the NSF53 standard for lead reduction.

HaloSource CEO James Thompson commented, "While other filtering bottles make lead removal claims, there is presently no other bottle on the market that offers the performance of our astrea bottle when it comes to lead reduction. There is a substantial difference between claiming a reduction of lead and being able to pass the rigorous test conditions required to achieve the NSF/ANSI 53 standard. With lead showing up in water systems in cities across America such as Newark, Oakland, Pittsburgh and, most recently, Chicago, consumers are looking for better ways to protect themselves. We see the astrea bottle as the next generation of reusable bottle, providing users with confidence in the safety of the water they drink from it."

"The NSF/ANSI 53 standard mandates a maximum allowable value of 10 parts per billion (lower than the EPA action limit) and requires that the testing be performed at two specific pH values. This is critical because the pH of water (which varies according to the source) impacts the water characteristics, which affects the physical form of lead (soluble or insoluble). Our technology is robust enough to remove both soluble and insoluble lead at both pH 6.5 and 8.5. By testing to NSF/ANSI 53, we will give our customers the assurance that our product is tested to the highest possible standard and is effective at removing both forms of lead to levels at or below the EPA established standard safe for consumption", said Christopher Ashley, PhD, the company's Director of Commercialization.

The Company's bottle has also passed testing for mercury, chlorine and zinc reduction, and is expected to be certified for these additional contaminants when the product is commercially available later this year. The bottle concluded a successful Indiegogo crowdfund campaign earlier this month, and remains available for pre-order on the platform's InDemand site at https://igg.me/at/astrea.

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 21, 2018 02:01 ET (06:01 GMT)

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