DGAP-News: Quash Products PLC : QUASH PRODUCTS PLC WIPES GO INTO PRODUCTION
(firmenpresse) - DGAP-News: Quash Products PLC / Key word(s): Miscellaneous
Quash Products PLC : QUASH PRODUCTS PLC WIPES GO INTO PRODUCTION
29.11.2011 / 07:00
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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 basedupon 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
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29.11.2011 Dissemination of a Corporate News, transmitted by DGAP - a
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147858 29.11.2011
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Datum: 29.11.2011 - 07:00 Uhr
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News-ID 91705
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