GelTech, After Four Years of Research and Development, Launches FireIce Lithium Battery Active Suppression Kit


JUPITER, FL--(Marketwired - August 31, 2017) - GelTech Solutions, Inc. (OTCQB: GLTC), an innovator in the use of environmentally-friendly polymers for fire suppression and protection, today announced the launch of its FireIce Lithium Battery Active Suppression Kit which automatically detects elevated temperatures releasing FireIce ST, a special blend of FireIce, to the affected battery module, to cool and suppress the batteries and prevent the system from reaching runaway which could cause an explosion. The kit is designed to deliver FireIce ST product only to the battery compartment where it is needed, leaving other compartments untouched.

After four years of research and development working with multiple lithium battery manufacturers, and companies designing and building units for mass transportation, charging and storage of lithium batteries, GelTech has created a modular system that can be expanded to any size battery installation. In addition, the system has the flexibility to be installed in any environment from the typical modular systems in electric vehicles and home power systems, to single batteries like those that have replaced many of the lead acid batteries, in aircraft and ground vehicles.

At the present time, our kit has been included in bids by several commercial firms. In addition, several large lithium battery manufacturers are also in various stages of evaluation for their customized use and deployment of the kit. The flexible modular system gives customers the ability to prevent a fire without damaging other batteries or equipment.

The FireIce Lithium Battery Active Suppression kit includes either a 2 liter or a 2.5 gallon pressurized canister filled with FireIce ST (custom canister sizes are available for larger installations). In addition, the kit includes the hardware, fittings, spray nozzles and flexible hose that allow protection of 5 or 10 modules, respectively. Expansion packs for protection of 5 additional modules are also available, making the kit adaptable to almost any size installation.

"The message we have received from various industries is clear; with the exponential increase in the use of lithium ion batteries in mass storage systems, central recharging stations and on military and commercial aircraft, comes the need to protect these applications from the potential catastrophic event of a lithium battery fire," stated Michael Reger, president of GelTech. "These systems will continue to degrade as the batteries go through more and more charging cycles, just as your cell phone holds less and less charge over time. Eventually an increasing number of batteries will fail and fires will be more prevalent. Our FireIce Lithium Battery Active Suppression Kit, is simple and affordable, and has been designed to address this need by providing a flexible modular system that can be tailored to most any installation, delivering FireIce ST and its unique suppression properties, capable of withstanding several thousands of degrees, where it is needed to both cool and encapsulate the batteries in a module, preventing a runaway event."

About GelTech Solutions, Inc.

Founded by inventor and chief technology officer Peter Cordani, GelTech Solutions is a leading provider of innovative, environmentally friendly and cost-effective products that help government agencies, industry, agriculture and the public achieve goals such as water conservation and protecting lives, homes and property from fires. GelTech's products include FireIce, a non-corrosive polymer that when hydrated produces a water-based suppressant to extinguish fires and a retardant to protect assets and property; Soil2O Dust Control products that reduce airborne particulate matter with minimal environmental impact; and GT-W14, an advanced absorbency technology to control fluid spills of all sizes, turning liquids into solid waste for easier and safer disposal.

For more information on GelTech, please visit www.geltechsolutions.com

For more information about FireIce, please visit www.FireIce.com

Contact Information:

For Investor Relations, please contact:
Michael Porter
Porter, LeVay & Rose
212-564-4700