Sparking the Future of Fire Safety: Sparx Holdings Group, Inc. Hits Milestone in Smart Sprinkler System Development through Advanced Communication Testing

Rhea-AI Summary

Sparx Holdings Group, a fire protection technology company (OTC PINK:SHGI), is close to completing its full initial prototype stage for the Sparx™ Smart Sprinkler System. The company has developed sensing and activation units that attach to traditional fire sprinklers to sense fires using various sensors, and a 'hub' to collect and analyze the data, making intelligent decisions on which sprinklers to activate. Sparx™ is also finalizing the design of its actuators to electronically trigger fire sprinkler activation and facilitate water flow. The company is rigorously evaluating and enhancing the performance of its technology, ensuring functionality even in instances of temporary power loss or network failures. The Sparx™ Smart Sprinkler System operates with greater intelligence than traditional systems, using sophisticated sensors and advanced algorithms to determine precisely when to actuate sprinklers and which ones to activate, potentially allowing for a more efficient and effective response to fire incidents.

CRANSTON, RI / ACCESSWIRE / January 11, 2024 / Sparx Holdings Group, Inc. (OTC PINK:SHGI), a fire protection technology company, is on the cusp of completing its full, initial prototype stage, Sparx™ Smart Sprinkler System prototype. The Company is thrilled to announce the development of its sprinkler releasing control panel, dubbed the "hub".

Currently, the Company is conducting bench testing to evaluate communication between its sprinkler sensing and activation units and hub. For those that may not be familiar with the Sparx™ Smart Sprinkler System, the Company has developed sensing and activation units that attach to the base of traditional fire sprinklers to sense fires in their early stages using flame, gas, smoke, and temperature sensors. These units communicate this information to the hub for further processing. The hub collects data from sprinkler sensing and activation units, analyzes that data, and makes intelligent decisions on which sprinklers to activate in the event of a fire.

Sparx™ is also finalizing the design of its actuators that are able to be incorporated with conventional fire sprinkler parts to electronically trigger fire sprinkler activation and facilitate water to flow. Upon receipt of an activation signal dispatched by the hub, the sprinkler sensing and activation units send an electrical signal to the actuators triggering sprinkler operation.

The Company is actively working through an internal test plan to rigorously evaluate and enhance the performance of its technology. The hub is intelligently crafted to maintain functionality, even in instances of temporary power loss, diligently overseeing all primary system functions. In the face of power interruptions, battery errors, unplugged electrical connections potentially hindering sprinkler activation, or network failures, pertinent notifications are promptly displayed on the hub's intuitive touchscreen interface. Additionally, an audible buzzing notification is activated to ensure awareness of any critical issues.

This system stands apart from traditional sprinkler systems that rely solely on mechanical activation through a heat-sensitive operating element such as a frangible fluid-filled glass bulb or a fusible metal link. While conventional sprinklers activate based on heat rising from a fire, the Sparx™ Smart Sprinkler System operates with greater intelligence. Instead of waiting until individual sprinklers reach a fixed temperature threshold (i.e. 165 degrees Fahrenheit) to operate, it uses sophisticated sensors and advanced algorithms to determine precisely when to actuate sprinklers and which ones to activate. This elevated level of technology could allow for more informed decisions and a more efficient and effective response to fire incidents.

Sparx Holdings Group, Inc. is enthusiastic about the progress achieved, confident in maintaining its development schedule for the Sparx™ Smart Sprinkler System prototype. Following prototype completion, the Company intends to vet third-party facilities to conduct further testing including small-scale burn tests, expected within the next 3-6 months. As the ceiling heights of building structures rise, and warehouses accommodate expanding quantities of inventory, the imperative for technology delivering accelerated response times to fires becomes increasingly vital. This is particularly crucial in expansive structures where conventional systems encounter limitations, such as in areas with dense storage or towering ceilings. Considering recent headlines of numerous fires, such as the four-alarm industrial warehouse fire in Elizabeth, NJ in early January 2024 that burned for over 12 hours, Sparx Holdings Group, Inc. aims to bring about the long-overdue change in fire safety.

The Company welcomes those interested in learning more about its groundbreaking Sparx™ Smart Sprinkler System prototype to explore the resources provided 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

Prototype (Sensor) Demonstration: https://youtu.be/BtlJBlV4qFk

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 the original press release on accesswire.com

FAQ

What is Sparx Holdings Group's ticker symbol?

Sparx Holdings Group's ticker symbol is OTC PINK:SHGI.

What is the Sparx™ Smart Sprinkler System?

The Sparx™ Smart Sprinkler System is a fire protection technology developed by Sparx Holdings Group, Inc. It consists of sensing and activation units that attach to traditional fire sprinklers to sense fires using various sensors, and a 'hub' to collect and analyze the data, making intelligent decisions on which sprinklers to activate.

How does the Sparx™ Smart Sprinkler System differ from traditional sprinkler systems?

The Sparx™ Smart Sprinkler System operates with greater intelligence than traditional systems, using sophisticated sensors and advanced algorithms to determine precisely when to actuate sprinklers and which ones to activate, potentially allowing for a more efficient and effective response to fire incidents.

What is Sparx Holdings Group working on currently?

Sparx Holdings Group is currently finalizing the design of its actuators to electronically trigger fire sprinkler activation and facilitate water flow, as well as rigorously evaluating and enhancing the performance of its technology.