Search Share Prices
Sprue Aegis aims to extinguish fire safety fears with new product
Sprue Aegis announced on Wednesday that its new 'FireAngel Predict' is to be debuted at a leading fire prevention trade show in Germany.
The product, which will be shown by the company's German distributor at the FeuerTRUTZ exhibition in Germany on 21 and 22 February, utilises cloud based technology and a predictive algorithm to allow for preemptive action against potential fire hazards.
Graham Whitworth, executive chairman of Sprue Aegis, said: "FireAngel Predict is an exciting new product proposition that alerts tenants, their families or property managers of an increased risk of a fire before a potentially serious event occurs. FireAngel Predict will reduce property costs for landlords and housing associations."
FireAngel Predict, which is expected to be launched in the UK and the rest of Europe later this year, has been developed using data from smoke alarms and a self-learning AI technology which is intended to constantly refine and improve the system.
Steve Topham, director of service support at Humberside Fire & Rescue services, said: "FireAngel Predict will provide a step-change in fire safety. This unique cloud-based technology evaluates numerous criteria in real time, allowing us to pin-point high risk scenarios and intervene to prevent fires before they start."
Sprue Aegis is a Coventry-based company which provides smoke detectors, carbon monoxide detectors and other home safety products.
As of 0813 GMT, Sprue Aegis' shares were up 0.53% at 188.50p.