Sprue Aegis plc New Product Launch

TIDMSPRP

Sprue Aegis plc

07 September 2017

7 September 2017

Sprue Aegis plc

("Sprue", the "Company" or the "Group")

New Product Launch

Launch of UK's first battery-powered Natural Gas Alarm

Sprue (AIM: SPRP), one of Europe's leading developers and suppliers of home safety products, today announces the launch of the UK's first battery-powered "Natural Gas Detector", a major new product innovation for the Company, under the Group's FireAngel(R) brand.

The FireAngel(R) Natural Gas Detector is uniquely powered by replaceable batteries and is simple to use as a portable or freestanding device. Designed and independently tested to meet the European standard for domestic combustible gas detectors (BS EN 50194), the unit features a semi-conductor catalytic sensor that continuously detects combustible gas plus "smart" test, silence and reset buttons for ease of use.

The FireAngel(R) Natural Gas Detector extends the Group's product range and broadens Sprue's potential addressable market to more than 300 million households in mainland Europe and over 25 million in the UK alone. Not only is natural gas explosive, it can also cause death by suffocation and its presence is not always detected.

Graham Whitworth, Executive Chairman of Sprue, commented:

"The FireAngel(R) Natural Gas Detector is an excellent example of how Sprue's focus on new product development and innovation can create expanded market opportunities for the Company. With the use of natural gas increasing, customers want a simple, battery-powered device to alert them to the dangers of natural gas either whilst in or out of the home. Sprue remains committed to the development of pioneering home safety products."

For further information, please contact:

 
 Sprue Aegis plc                        02477 717 700 
 Graham Whitworth, Executive 
  Chairman 
  Neil Smith, Group Chief Executive 
  John Gahan, Group Finance Director 
 
 Vigo Communications 
  Jeremy Garcia / Fiona Henson 
  / Natalie Jones                       020 7830 9700 
 
 Stockdale Securities                   0207 601 6100 
 Tom Griffiths 
 

Notes to Editors

About Sprue Aegis plc

Sprue's mission is to protect, save and improve our customers' lives by making innovative, leading edge technology simple and accessible. Sprue is one of the market leaders in the European home safety products market and launched its own connected homes product proposition at the end of 2016.

Sprue's principal products are smoke alarms, CO 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 Sprue's leading brands of FireAngel, FireAngel Pro, SONA, AngelEye and FireAngel Connect. For further product information, please visit: www.sprue.com

This information is provided by RNS

The company news service from the London Stock Exchange

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September 07, 2017 02:01 ET (06:01 GMT)