Quash Products PLC
Quash Products PLC : QUASH PRODUCTS PLC WIPES GO INTO PRODUCTION
Quash Products PLC / Key word(s): Miscellaneous 29.11.2011 / 07:00 --------------------------------------------------------------------- As set out as part of the strategy in the announcement on 15th September 2011, Quash Is pleased to announce that it has completed formulations and testing for one of its new products - the pocket size face wipe, which is now going into production and will be available mid December 2011. The global retail market for hand and face wipes is estimated to be in excess of USD5.8bn, as opposed to the Hand Sanitizer market which is valued at circa USD2bn. With Quash's already strong distribution network in most of the major retailers in the UK with the Hand Sanitiser it expects to have rapid growth in this market and take a good market share in the UK as well as penetrating other countries in the Middle East and Far East. In the global wipes market, the UAE is predicted to record 24% average annual growth up to 2013. The pocket size wipe pack is ideal for 'on-the-go' use and will be targeted for the professional person travelling and Mum with Kids. The formulation is Alcohol FREE, non-flammable, no irritants and dermatologically tested so is safe for kids to use. The pack contains 10 antibacterial wipes that kill 99.999% of all germs and bacteria, including MRSA, C-Diff, Ecoli, Salmonell and Norovirus. These claims can be made due to passing 11 different BS EN tests. The wipes are also Halal approved which means Quash will have a huge advantage selling the wipes in Muslim dominant territories such as the Middle East and Far East. John Garner director of Quash says, 'We are very excited about the launch of the wipes. We have been working on the right offering for over a year now and expect the launch of the wipes to be a huge success, strengthening the Quash brand amongst all the retailers and more importantly with the consumer. Extending the product range has been a key strategy for our growth and this is really helping us with overseas expansion allowing us to offer retailers and consumers a full range of products for their everyday needs. We are now trading in a sector of the hygiene market which is 3 times the size of the relatively small hand sanitiser market, and with further products which are in testing phases more products will be released in further sectors of the hygiene market. I look forward to reporting further progress as set out in the announcement made on the 15th September 2011.' ** END OF NEWS RELEASE ** About Quash Products plc Quash is an independent, exchange listed company (ticker: QPS Frankfurt, Xetra) operating in the 100% natural segment of the personal care market. The Group distributes through a number of major high-street retailers in the UK and is taking steps to further expand the international reach of its natural product range in Europe, Middle East, Asia and North America. Quash is a unique formulation of 100% natural ingredients lab-proven to kill the toughest of germs and viruses without the need for soap or water. In addition to killing 99.9999% of harmful germs, the pleasant smelling Quash formulation moisturises and regenerates skin. This news release may contain certain forward-looking statements, expectations, intentions, strategies and beliefs regarding the future. All statements contained herein are based upon information available to the management of Quash Products plc as of the date hereof, and actual results may vary based upon future events, both within and without the control of the management, including risks and uncertainties that could cause actual results to differ materially. Management does not take any responsibility to update the contents of this News Release in case new aspects arise or new conditions change the facts available. Registered office: Quash Products plc, 15a Ives Street, London, UK Stock Exchanges: Frankfurt, Xetra ISIN: GB00B5MHQL62; German Code: QPS; WKN: A0Q End of Corporate News --------------------------------------------------------------------- 29.11.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 147858 29.11.2011
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