Announcement
Sprue Aegis plc : Launch of FireAngel PredictT
RNS Number : 4472F
Sprue Aegis plc
21 February 2018
21 February 2018
Sprue Aegis plc
("Sprue", the "Group" or the "Company")
Launch of FireAngel Predict™ at FeuerTRUTZ 2018
Sprue (AIM: SPRP), a leading designer and seller of home safety products, announces the launch today of FireAngel Predict™ at the FeuerTRUTZ Exhibition in Germany.
FireAngel Predict™ has been developed by the Company in house and represents significant progress in the protection of people and properties from the risk of fire. Using the Company's cloud-based technology and unique predictive algorithm to monitor data in real time over the internet, FireAngel Predict™ identifies properties with an increased risk of fire so appropriate action can be taken before a potential incident occurs. The FireAngel Predict™ system improves protection of the occupier and property and potentially avoids the cost of addressing a fire.
This unique, patent pending technology has been developed using data from smoke alarms from past fires in conjunction with self-learning AI technology which will constantly refine and improve the system in the future.
FeuerTRUTZ is a leading fire prevention trade show which is held in Nuremberg, Germany from 21 to 22 February 2018 with over 270 exhibitors attending. Sprue's German distributor is exhibiting at the show and will debut FireAngel Predict™ products on its stand.
FireAngel Predict™ is expected to be launched in the UK and other countries in Europe later this year. For more information, please go to: www.fireangel.co.uk/predict
Steve Topham, Director of Service Support at Humberside Fire & Rescue Services, commented:
"FireAngel Predict™ will provide a step-change in fire safety. This unique cloud-based technology evaluates numerous criteria in real time, allowing us to pin-point high risk scenarios and intervene to prevent fires before they start."
Graham Whitworth, Executive Chairman of Sprue Aegis, commented:
"FireAngel Predict™ is an exciting new product proposition that alerts tenants, their families or property managers of an increased risk of a fire before a potentially serious event occurs. FireAngel Predict™ will reduce property costs for landlords and housing associations and provides greater assurance for people living in their homes and for those living in properties around them."
For further information, please contact:
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Sprue Aegis plc |
02477 717 700 |
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Graham Whitworth, Executive Chairman Neil Smith, Group Chief Executive John Gahan, Group Finance Director |
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Vigo Communications Jeremy Garcia / Fiona Henson / Emma Lord |
020 7830 9701 |
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Stockdale Securities |
020 7601 6100 |
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Tom Griffiths |
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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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