STOCK TITAN

Sparking a Fire Safety Revolution: Sparx Holdings Group, Inc. Progresses Towards Completion of Its Sparx(TM) Smart Sprinkler System with the Integration of Its Proprietary Software

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Sparx Holdings Group is making progress towards the finalization of its Sparx Smart Sprinkler System, which includes a hub that collects information from fire sprinklers to extinguish fires more quickly. The company is also developing proprietary software for seamless communication and user interface.
Positive
  • None.
Negative
  • None.

CRANSTON, RI / ACCESSWIRE / October 18, 2023 / Sparx Holdings Group, Inc. (OTC PINK:SHGI), a fire protection technology company is making significant strides towards the finalization of its cutting-edge "hub," a pivotal component of the patent-pending technology behind the Sparx™ Smart Sprinkler System.

The Sparx™ Smart Sprinkler System comprises a hub that collects information, such as heat, carbon dioxide levels, flame presence, and smoke content from Sensing and Activation Units installed at each fire sprinkler in the system. The hub has the ability to force open traditional fire sprinklers that are integrated with Sparx Holdings Group, Inc.'s patent-pending activation technology to extinguish a fire hazard more quickly than traditional fire sprinklers acting alone.

Sparx™ Hub Touchscreen and Software Development - Home Screen
Sparx™ Hub Touchscreen and Software Development - Alarm Screen

Presently, Sparx Holdings Group, Inc. is diligently working on the development of its proprietary software embedded within the hub. This software is engineered to facilitate seamless communication with multiple Sensing and Activation Units and show the user if any alarms are present within the system. The hub itself is designed as a sleek touchscreen device which will be mounted on an electrical box containing important electronics, battery back-up power, and circuitry to provide effective system operation. The hub will be able to be mounted on walls or flat surfaces, offering users essential information related to the health and status of the Sparx™ Smart Sprinkler System, alerts, and pertinent data. Above are images showcasing the current state of the touchscreen development for the hub and snapshots of the menus which have already been developed in software for the user interface.

Sparx Holdings Group, Inc. is confident that its Sparx™ Smart Sprinkler System will find widespread adoption in commercial spaces faced with unique fire safety challenges such as high ceilings, densely packed storage, and the storage of highly flammable commodities. The development of the comprehensive Sparx™ Smart Sprinkler System is currently in its beta phase, and it is swiftly moving towards completion, with the company anticipating a beta launch of the full system in the coming months.

For a demonstration of the prototype Sparx™ Sensing and Activation Units in action during a real fire scenario, please refer to the attached video here: https://www.youtube.com/watch?v=BtlJBlV4qFk

Sparx Holdings Group, Inc. extends an invitation to all interested parties to learn more about the Company and its mission below:

Regulation A+ offering: https://www.sparx-fire.com.

Twitter: https://twitter.com/SHGI_SparxFire

Facebook: https://www.facebook.com/people/Sparx-Holdings-Group-Inc/100093347986779/

Company Pitch Deck:

https://s3.amazonaws.com/content.otcmarkets.com/media/947035425/CoZUBuaCpzDXbRb/doc.pdf

Cautionary Language Concerning Forward-Looking Statements:

This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential," and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Please refer to the risk factors in our Form 1-A Offering Circular filed with the Securities and Exchange Commission on May 11, 2023.

Contact:

Sparx Holdings Group, Inc.- Investor Relations and Media Inquiries
Email: info@sparx-fire.com
Website: https://www.sparx-fire.com

SOURCE: Sparx Holdings Group, Inc.



View source version on accesswire.com:
https://www.accesswire.com/793704/sparking-a-fire-safety-revolution-sparx-holdings-group-inc-progresses-towards-completion-of-its-sparxtm-smart-sprinkler-system-with-the-integration-of-its-proprietary-software

FAQ

What is Sparx Holdings Group working on?

Sparx Holdings Group is working on the finalization of its Sparx Smart Sprinkler System, including the development of a hub and proprietary software.

What does the Sparx Smart Sprinkler System do?

The Sparx Smart Sprinkler System collects information from fire sprinklers to extinguish fires more quickly.

What is the current phase of development for the Sparx Smart Sprinkler System?

The Sparx Smart Sprinkler System is currently in its beta phase and is moving towards completion.

What are the potential applications of the Sparx Smart Sprinkler System?

The Sparx Smart Sprinkler System is expected to find widespread adoption in commercial spaces with unique fire safety challenges.

What is Sparx Holdings Group's contact information?

For more information, you can visit Sparx Holdings Group's website at https://www.sparx-fire.com or contact them via email at info@sparx-fire.com.

SPARX HLDGS GROUP INC

OTC:SHGI

SHGI Rankings

SHGI Latest News

SHGI Stock Data

258.75k
3.59M
98.71%
Building Products & Equipment
Industrials
Link
United States of America
Cranston