Geltech Solutions Inc. 2015 Update
FireIce Used by Oregon Department of Forestry for 2015 Wildland Fire Season
The FireIce Fire Extinguisher, previously showcased on CBS 'Innovation Nation' is now available for sale to the public through distributors and direct from GelTech on the company website
; additionally, it will be available on Amazon.com in the coming weeks. FireIce, which was featured on the Emmy award winning TV show Innovation Nation
, generated a lot of public interest for the product in extinguisher form. Until now, the FireIce Extinguisher had not received a UL Listing.
"Obtaining a UL listing is a milestone achievement," stated Tony Tricarico, GelTech's Northeast Regional Director and a retired captain of Squad 252, Special Operations Command of the Fire Department of New York (FDNY). "Traditional pressurized water-can fire extinguishers have long been the first line of attack. The FireIce fire extinguisher is an advanced, powerful force multiplier that provides a more effective and versatile tool to suppress fires and protect surrounding areas."
James Lynch, Director of Research & Development at The Fire Risk Alliance, a leading consultancy firm in fire safety and prevention, stated, "I'm delighted to see the FireIce fire extinguisher become UL listed. Using new technology, GelTech has brought to market a cross-linked polymer that makes water significantly more durable than other water additives while being capable of withstanding significantly higher temperatures. The ability of FireIce to stick to fuel surfaces and create a persistent thermal barrier makes FireIce more effective on traditional as well as historically more difficult fire events."
As a leading edge technology, the FireIce fire extinguisher is positioned on the premium end of the market.
We expect continued growth in this product line as sales grow through our expanding distributor network. Over 500 FireIce fire extinguishers have been delivered thus far, and another 500 units have been ordered.
“This new UL-rated FireIce fire extinguisher took years of research and development and is now being marketed throughout the U.S. It is satisfying to see so many first responders purchase our products. This new product is complementing our Wildland fire line and the early energy for it leads us to believe that 2016 revenues will exceed 2015,” said Mr. Reger.
FireIce is an advanced, non-toxic, non-corrosive polymer that when hydrated produces a water-based fire retardant and suppressant. The eco-friendly properties of FireIce are especially important in sensitive and protected ecosystems, including that of the Sage Grouse. FireIce weighs significantly less than other commonly used chemicals, which enhances the safety of pilots and their aircraft. It is also packaged as a one-part orange colorant, providing excellent visibility for both pilots in the air and firefighters on the ground. As a result of its demonstrated superior suppression performance, and with its versatility as a retardant to create a fire break and protect property, FireIce has quickly become the fire chemical of choice in many regions of the country. For more information, please visit: www.fireice.com
About GelTech Solutions, Inc.
GelTech Solutions is a leading provider of innovative, environmentally friendly and cost-effective products that help government agencies, industry, agriculture and the public achieve goals such as water conservation and protecting lives, homes and property from fires.
GelTech’s products include FireIce, an extremely effective and versatile product used both as a suppressant to extinguish fires and a fire retardant to protect assets and property; Soil2O Dust Control and Soil Cap, products that reduce airborne particulate matter with minimal environmental impact; and GT-W14, an advanced absorbency technology to control fluid spills of all sizes, turning liquids into solid waste for easier and safer disposal.
For more information, please visit www.geltechsolutions.com
For investor relations questions, please contact:
Porter, LeVay & Rose
For media inquiries, please contact:
GelTech Solutions, Director of Media and Communications