FireAngel Safety Technology Group Launch of New Connected Homes Tech & Initial Order

TIDMFA.

FireAngel Safety Technology Group

04 March 2021

4 March 2021

FireAngel Safety Technology Group plc

('FireAngel', the 'Group' or the 'Company')

Launch of New Connected Homes Technology and Initial Order

FireAngel (AIM: FA.), a leading developer and supplier of home safety products, announces that it has launched, and received an initial order for, its latest technology, the New Generation Cellular Gateway.

This new product enables predictive safety data to be passed on to social housing landlords, meaning they are better able to offer protective and preventative measures for their tenants. Normally to be installed on the ceiling of the property, the Gateway works by wirelessly connecting smoke, heat and carbon monoxide alarms within that dwelling to the 'FireAngel Connected' cloud-based platform. Information from the data then offers insights upon which landlords can act where required and potentially save lives. Importantly, the Gateway contains heat and humidity sensors, to help landlords identify and prevent damp and mould.

This type of innovative technology is an area in which FireAngel has invested in recent years and it marks the latest advance in the Company's Connected Homes strategy. The growing market opportunity is clear, with a first order for New Generation Cellular Gateway having already been placed by a social housing landlord in Northern Ireland.

John Conoley, Executive Chairman of FireAngel, commented: "There is a significant opportunity for the role of predictive data in the world of home safety. As part of our Connected Homes strategy, we have been focused on developing pioneering technology in this space and are pleased to be taking the New Generation Cellular Gateway to market. It is encouraging that the first order has already been received, and we look forward to announcing further opportunities to install our life saving technology."

For further information, please contact:

 
 FireAngel Safety Technology 
  Group plc                           024 7771 7700 
 John Conoley, Executive Chairman 
 Jon Kempster, Interim Chief 
  Finance Officer 
 
 Shore Capital (Nominated adviser 
  and broker)                         020 7408 4050 
 Tom Griffiths/David Coaten 
 
 Houston (Financial PR)               0204 529 0549 
 Kate Hoare/Laura Stewart 
 

Notes to Editors

About FireAngel Safety Technology Group plc

FireAngel's mission is to protect and save lives by making innovative, leading-edge home safety products which are simple and accessible. FireAngel is one of the market leaders in the European home safety products market.

FireAngel's principal products are connected smoke alarms, CO alarms, heat alarms and accessories. The Company has an extensive portfolio of patented intellectual property in Europe, the US and other selected territories. Products are sold under FireAngel's leading brands of FireAngel, FireAngel Pro, FireAngel Specification and AngelEye.

For further product information, please visit: www.fireangeltech.com

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March 04, 2021 02:00 ET (07:00 GMT)