HaloSource Corporation Hydration Product Launch
May 31 2018 - 1:00AM
RNS Non-Regulatory
TIDMHAL
HaloSource Corporation
31 May 2018
HaloSource Corporation
("HaloSource" or the "Company")
HaloSource Launches Hydration Products on Leading E-commerce
Sites in China
May 31, 2018, (SEATTLE, WA) - Clean water innovator HaloSource,
Inc. (HAL.LN, HALO.LN), a global water technology company listed on
the London Stock Exchange, is pleased to announce the recent launch
of its HaloPure(R) hydration business on two of China's largest
e-commerce sites, JD.com and suning.com. The HaloPure(R) purifying
pitcher and replacement cartridges are being offered on each of the
Company's sites via a distribution agreement with Shanghai JiuBan
Industrial Co., Ltd. ("Jiuban") that was previously announced on 21
June 2017.
The HaloPure(R) purification devices available are powered by
HaloSource's patented disinfection technology, killing 99.99% of
viruses and 99.9999% of bacteria. The purifying pitcher also
prevents bacterial recontamination and keeps treated water fresher
for longer. In addition to purifying pitchers and replacement
cartridges, the Company also expects to offer more hydration
products in the future, including a bottle featuring the Company's
newest technology platform for heavy metals removal.
James Thompson, Chief Executive Officer of HaloSource commented,
"We are very excited to be bringing our best-in-class,
HaloPure-branded water purification devices directly to consumers
in the Chinese market via two top tier e-commerce sites. Declining
water quality continues to be an issue in China and we think we
have a unique and innovative offering to help address the market
need. No other pitchers on the market combine high-end design and
performance."
JD.com is a Chinese self-operated e-commerce company. It is one
of the two largest B2C online retailers in China by transaction
volume and revenue and is a member of the Fortune Global 500. As of
September 2017, the platform has 266.3 million active users and the
company currently has a market value of more than $50 billion. The
suning chain of stores covers more than 700 cities in China and
Japan with nearly 1600 retail stores, and its online platform
suning.com ranks among the top retail players in China's B2C
market.
Enquiries:
HaloSource Corporation
James Thompson, Chief Executive
Officer (425) 419-2258
Craig Crowell, Chief Financial
Officer (425) 419-2248
Cantor Fitzgerald Europe
(NOMAD and Broker)
David Foreman, Richard
Salmond +44 207 894 7000
The Fearey Group (Media
Contact)
Chris Guizlo (206) 838-9211
astrea@feareygroup.com
About HaloSource
HaloSource Corporation innovates and integrates technologies to
deliver clean drinking water solutions to partners with trusted
brands around the world. The Company works with scientists and
industry experts across the globe in search of new ways to improve
drinking water quality and has been awarded more than 30 patents
for its ground-breaking chemistries, which provide safe drinking
water for millions of consumers globally. The Company's
class-leading HaloPure(R) Drinking Water technology has the highest
global certifications, including registration with the US EPA.
Founded in Seattle, Washington, HaloSource has grown to become
an influential leader in drinking water purification. HaloSource is
headquartered in the US with operations in China and India. Learn
more about the Company's research and development and future novel
technologies by visiting www.halosource.com or
www.astreawater.com.
The HaloPure(R) and astrea(TM) brands are trademarks of
HaloSource, Inc. All other trademarks, brand names or product names
belong to their respective holders.
This document contains certain forward-looking statements
relating to the Company. The Company considers any statements that
are not historical facts as "forward-looking statements". They
relate to events and trends that are subject to risk and
uncertainty that may cause actual results and the financial
performance of the Company to differ materially from those
contained in any forward-looking statement. These statements are
made by management in good faith based on information available to
them and such statements should be treated with caution due to the
inherent uncertainties, including both economic and business risk
factors, underlying any such forward-looking information.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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