LifeSafe Holdings Launches New Fire Extinguisher with Trinity Fire & Security
Why we think this is neutral
This RNS announcement is a general update on a new product launch, which does not fall into the mandatory news types specified. While the launch of a new product is positive news, without any financial or operational details, I cannot determine the overall significance of this announcement.
Key Points
- LifeSafe has launched a new 6-litre Multi-Purpose Fluid extinguisher in partnership with Trinity Fire & Security Systems
- The new extinguisher has received various accreditations, including the NTA 8133 certification for extinguishing lithium-ion battery fires
- This launch marks LifeSafe's expansion into the traditional fire extinguisher market, estimated to be worth around $9 billion per year
Summary
LifeSafe Holdings plc (LIFS) has announced the launch of its new 6-litre Multi-Purpose Fluid extinguisher in partnership with Trinity Fire & Security Systems Ltd. The new extinguisher has received various accreditations and certifications, including the industry-recognized NTA 8133 for extinguishing lithium-ion battery fires. This launch marks the start of LifeSafe expanding its product range into the traditional fire extinguisher market, which is estimated to be worth around $9 billion per year.