SulNOx Group PLC Consulting Agreement (7327P)
21 Oktober 2021 - 8:00AM
UK Regulatory
TIDMSNOX
RNS Number : 7327P
SulNOx Group PLC
21 October 2021
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014. The directors take
responsibility for this announcement.
21 October 2021
SulNOx Group Plc (the "Company" or "SulNOx")
New Consulting Agreement
(Aquis Stock Exchange: SNOX)
The board of directors of the Company ("the Board") is pleased
to announce that National Strategies ("NSI") has agreed to support
the Company's entrance into the North American (United States,
Canada and Mexico) market to sell its products in line with our
global product strategy.
Activities will include the pursuit of approval of the product
and funding to support sales of the product from the State of
California, including introductions to the leading state agencies
which provide funding to programs and solutions that reduce carbon
emissions. Secondly, the identification and pursuit of distributors
for North America.
The NSI team helps organizations create opportunities and solve
problems within the state and local government market. NSI
Government Markets, focuses on sales, organizational development,
business development, research, partnership development, and
procurement related activities and has generated over $27 billion
in new revenue for clients since the firm's inception in 1996. NSI
Public Affairs, assists organizations with their outreach to state
and local government officials, key state and local government
influencers, public interest groups, and other potential allies,
helping to raise awareness, build coalitions of supporters, and
advance specific initiatives. NSI has a network of over 2,500
consultants across the United States, covering each of the 50
states, as well as any city or county across the country with a
population over 50,000.
Al Gordon , CEO of NSI commented, "California is recognised as
the leader of the 50 states in improving air quality and reducing
greenhouse gas emissions. We are confident that the immediate
impacts from the SulNOx products will greatly appeal to the state
as California invests to meet its climate change targets. With the
escalation of climate related disasters, it is absolutely the right
time to advance the unique, cost-effective and impactful
environmental solutions of SulNOx. Once California recognises the
benefits, we look forward to pursuing the 17 other states which
have signed on to the California Clean Air Act to lead to further
growth for the Company ."
Ben Richardson, the CEO of SulNOx commented, "North America is a
key market for SulNOx given their ongoing fossil fuel consumption
and desire to reduce dependency. The team at NSI will help raise
the company's profile among the relevant government decision makers
through qualifying opportunities for growth, facilitating
introductions and providing ongoing business development support.
Along with finding distribution partners, NSI will help build a
pipeline of pre-qualified sales targets within the state and local
government markets. I have no doubt that NSI will be a lucrative
and effective partner in promoting SulNOx in the months and years
ahead ."
Radu Florescu, the Chairman of SulNOx added, "As an American, to
penetrate the California market, the fifth-biggest economy in the
world and larger than the U.K., is an important breakthrough for
SulNOx. I have previously worked with some of the NSI partners,
including Patuxent Consulting Group. Kevin Matthews, who manages
NSI's energy and environment practice, has significant experience
within the energy and sustainability market and in the State of
California, and I am therefore confident of success."
- Ends -
For further information please contact:
SulNOx Group plc Tel: 07968 451854
Anthony Granger, Director
Allenby Capital Limited Tel: 020 3328 5656
(AQSE Corporate Adviser)
Nick Harriss / John Depasquale
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END
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