BREAKTHROUGH IN CHINA
Fire Eater A/S a daughter company of Simtronics ASA has just completed approval and certifications of the INERGEN system in the Peoples Republic of China. The approval has been executed in cooperation with Tyco, and Tyco will in cooperation with Fire Eater (Shanghai Ltd.) exclusively maintain distribution. In the first 12 months this breakthrough is estimated to have a contract value exceeding 2 million US$. The approval is including 150 bar and 200 bar storage pressure. 200 bar storage pressure is the highest storage pressure covered by Chinese standards, and our 200 bar system will be the first one in China to go over the previous industry market standard of 150 bar, whereby our product has a competitive edge. For further information please contact: Mr Rune Martini, CEO of Simtronics ASA Phone +47 4807 8080 Mr Torbjørn Laursen, Managing Director of Fire Eater A/S Phone +45 4822 2773 Simtronics ASA (Oslo Stock Exchange: SIMTRO) works to prevent disasters from happening. The company is an international supplier of fire and gas safety systems, active fire fighting solutions and fire prevention systems. Simtronics' flame and gas detectors represent the most accurate, reliable and robust safety technology available. The Company's products, solutions and systems are used by the oil and gas industry as well as in shipping, petrochemical and other process industries and in mining. Simtronics has a well established market base in Europe with Norway, France, UK and Germany as the single most important markets. Simtronics' heritage goes back to 1948.