New Partnership with Jarden Consumer Solutions

Released : 23.09.2014 07:00

RNS Number : 3090S
HaloSource Inc
23 September 2014
 



This press release contains certain forward-looking statements. All statements contained in this press release that do not relate to matters of historical facts should be considered forward-looking statements.  Forward-looking statements include statements with respect to the operations, performance and financial condition of the Company, the market for and benefits of its products and services, Company's introduction and deployment of new products, the potential benefits of business relationships with third parties, and the Company's plans and strategies for future growth. By their nature, these statements involve uncertainty since future events and circumstances can cause results and developments to differ materially from those anticipated. The forward-looking statements reflect knowledge and information available at the date of preparation of this press release and the Company undertakes no obligation to update these forward-looking statements. Nothing in this press release should be construed as a profit forecast.

 

23 September 2014

HaloSource, Inc.

("HaloSource" or "the Company")

 

HaloSource and Jarden Consumer Solutions launch consumer drinking water products in Latin America

  

HaloSource, Inc. (HAL.LN, HALO.LN), the global clean water technology company traded on London's AIM, today announces its partnership with Jarden Consumer Solutions, a wholly owned subsidiary of Jarden Corporation (NYSE: JAH), a global Fortune 500 consumer goods company, to launch a line of Oster® drinking water pitchers powered by HaloSource's HaloPure® water purification technology. Jarden Corporation, parent company of Jarden Consumer Solutions, is a global leader in the consumer products industry, with more than 120 trusted brands in a portfolio sold across more than 100 countries. This announcement gives further detail to the announcement on 26 June 2013 of a partnership with H20 International and a major "Fortune 500 Company". 

 

The Oster® brand is one of the leading brands in Latin America, and the initial launch is targeting Chile, Peru and Colombia, marking the first commercial deployment of HaloSource's leading HaloPure® water disinfection technology in Latin America. The Oster® brand's distribution strengths include hypermarkets, department stores and warehouse club stores.

 

By 2018, the Point of Entry / Point of Use ("PoE" / "PoU") water filtration and purification industry is expected to reach USD 16 billion in global sales according to a 2012 report by Verify Markets. HaloPure® is the enabling technology in category leading devices in China and India, through strategic partners that include Perfect Water Manufacturing Co. Ltd and Eureka Forbes Limited, respectively. Partnering with Jarden Consumer Solutions entry into the fast growing Latin American market reinforces HaloSource's strategy of increasing the penetration of its drinking water purification technology around the globe through strong commercial partners.

 

Other PoU drinking water products on the market typically provide consumers with alternatives that filter water to improve taste and remove only basic contaminants. The HaloSource product not only delivers better tasting water but, most importantly, its HaloPure® technology significantly and quickly eliminates waterborne viruses and bacteria by 99.9% while preventing bacterial recontamination keeping treated water fresher for longer*.

 

HaloPure® drinking water technology is registered by the United States Environmental Protection Agency ("EPA") and by China's Ministry of Health and has met or exceeded all appropriate Brazilian standards of the National Institute of Metrology, Standardization and Industrial Quality ("INMETRO"). HaloPure® also meets NSF International standard 42 and has received the prestigious Water Quality Association Gold Seal.

 

Martin Coles, Chief Executive Officer of HaloSource, commented: 

"HaloSource's focus and core business is innovation in the chemistry of water purification.  Our dedicated team of scientists, microbiologists, chemists and engineers work to deliver on the company's mission of making water better and to provide clean chemistry which makes water safe for millions of people across the globe.

 

"Our launch in Latin America is further validation of our strategy of being the distinctive chemistry inside the devices of market leading partners around the globe. We provide differentiated and relevant technologies and solutions to our partners that help them to deliver to their customers, best-in-class water disinfection products.

 

"Jarden Consumer Solutions has a hugely successful track record of growing and launching consumer products and brands by understanding consumer needs and utilising its well-established distribution channels through its global network.  Jarden is a world-class partner and we look forward to expanding our relationship and market reach with them."

 

Andrew C. Hill, Jarden Consumer Solutions' President and Chief Executive Officer commented: "For over half a century, families have trusted Jarden brands and products in their homes and we knew that in entering the water pitcher market we would need to provide our consumers with an attractive, affordable, portable, and safe device that they could trust to meet the drinking water needs of their families. HaloSource's germ killing, patented cartridges and media would give us a differentiated product to help support the health of our consumers and their families. Early feedback from the field has been extremely positive about our new Oster® Water Purification Pitcher with an LCD indicator that reminds busy families when it is time to change the HaloPure® cartridge."  

 

Notes:

* Tested and certified to WQA protocol ORD0901

 

For further information contact:

 

HaloSource, Inc.

+1 425 974 1930

Martin Coles, Chief Executive Officer

press@halosource.com

James Thompson, Chief Financial Officer


Alexandra Steele, Communications Director




Liberum Capital (NOMAD)

Tel: + 44 (0)203 100 2222

Simon Atkinson


Richard Bootle




Newgate Communications (Financial PR)

Tel: + 44 (0)20 7680 6550

James Benjamin

halosource@newgatecomms.com

Madeleine Palmstierna


Georgia Lewis


 

 

Notes to Editors

 

About HaloSource

HaloSource, Inc. designs solutions that serve people, preserve the planet, and protect our most valuable resource - water. The company works with scientists and industry experts in search of new ways to improve water quality around the globe.  The team of HaloSource chemists, biochemists and microbiologists hold more than 100 patents, giving the company the power to provide environmentally conscious solutions.  The company's mission is to make water better and help return previously contaminated water into the environment in the most clean, natural pure state.

 

Founded in Seattle, Washington, HaloSource has grown to become an influential leader in three market segments: drinking water, recreational water, and environmental water treatment and remediation. HaloSource is headquartered in the US with operations in China and in India.  Learn more about the company's research and development and future cutting edge technologies by visiting www.HaloSource.com.

 

HaloKlear, HaloPure, and SeaKlear are either trademarks or registered trademarks of HaloSource, Inc. All other trademarks, brand names or product names belong to their respective holders.

 

 

 

 

About Jarden Corporation

Jarden Corporation is a leading provider of a diverse range of consumer products with a portfolio of over 120 trusted, quality brands sold globally. Jarden operates in three primary business segments through a number of well recognized brands, including: Outdoor Solutions: Abu Garcia®, AeroBed®, Berkley®, Campingaz® and Coleman®, ExOfficio®, Fenwick®, Greys®, Gulp!®, Hardy®, Invicta®, K2®, Madshus®, Marker®, Marmot®, Mitchell®, PENN®, Rawlings®, Ride®, Sevylor®, Shakespeare®, Stearns®, Stren®, Trilene®, Völkl®, Worth® and Zoot®; Consumer Solutions: Bionaire®, Breville®, Crock-Pot®, FoodSaver®, Health o meter®, Holmes®, Mr. Coffee®, Oster®, Patton®, Rival®, Seal-a-Meal®, Sunbeam®, VillaWare® and White Mountain®; and Branded Consumables: Ball®, Bee®, Bernardin®, Bicycle®, Billy Boy®, Crawford®, Diamond®, Dicon®, Fiona®, First Alert®, First Essentials®, Hoyle®, Kerr®, Lehigh®, Lifoam®, Lillo®, Loew Cornell®, Mapa®, NUK®, Pine Mountain®, ProPak®, Quickie®, Spontex®, Tigex® and Yankee Candle®. Headquartered in Florida, Jarden ranks #356 on the Fortune 500 and has over 30,000 employees worldwide. For further information about Jarden, please visit www.jarden.com.


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