GelTech Signs Exclusive Agreement with FireIce Solutions
Geltech Solutions Inc. 2015 Update
JUPITER, FL / November 19, 2015 / GelTech Solutions, Inc. (GLTC) ("GelTech" or the "Company")
An innovator in the use of polymers for fire suppression, announced today that having completed all testing and safety standards, its FireIce 2.5 gallon fire extinguisher is now UL listed for Class A fires. The FireIce fire extinguisher is now available for sale through distributors and direct from GelTech on the company website; additionally, it will be available on Amazon.com in the coming weeks.
"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 for firefighters and first responders. The FireIce fire extinguisher is an advanced, powerful force multiplier that provides professionals with a more effective and versatile tool to suppress fires and protect surrounding areas."
The Company has already received orders for more than 500 FireIce fire extinguishers which will be delivered in the current quarter.
About GelTech Solutions, Inc.
Founded by inventor and chief technology officer Peter Cordani, 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 advanced, non-toxic, non-corrosive polymer that when hydrated produces a water-based suppressant to extinguish fires and a 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:
Michael Porter Porter, LeVay & Rose (212) 564-4700 email@example.com
For media inquiries, please contact:
Paul Christle GelTech Solutions, Director of Media and Communications (844) FOR-GLTC
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, and will be marketed towards professional users in the municipal fire and police departments as well as and industry and commercial businesses.
Dan Simon, GelTech's Chief Operating Officer, stated "The market potential for the FireIce fire extinguishers is significant; there are approximately 28,000 municipalities in the U.S. alone, and we are working closely with many organizations already conducting testing and review of the FireIce fire extinguishers."
Established in 1894, UL provides safety-related certification, validation, testing, inspection, auditing, advising and training services to a wide range of clients, including manufacturers, retailers, policymakers, regulators, service companies, and consumers.