Xeros: Positive update on contracts

Xeros Technology Group plc (AIM: XSG), the innovative developer of a patented polymer bead laundry cleaning system with multiple identified commercial applications, is pleased to announce that, following its latest cleaning system contract win, it now counts four out of the world’s top five hotel groups* as customers. According to the 2014 World Hotel Ranking (www.hotel-online.com), IHG, Hilton, Marriott, Wyndham and Choice are the top five hotel groups measured by rooms globally.

As a result, Xeros cleaning systems are now installed, or contracted to be installed, at sites with each of these four hotel groups in the USA, a priority market for Xeros given the increasing scarcity and cost of water in many states. Single or multiple cleaning systems will be in operation with these customers and handling daily demand in busy hotel laundries.

By replacing much of the water with polymer beads, Xeros cleaning systems are saving laundry customers up to 75% of the water, up to 50% of the energy (used to heat water in the washing machine) and up to 50% of the detergent compared to conventional, aqueous washing machines.

Xeros CEO Bill Westwater states:

“Four of the world’s top five hotel groups have now agreed to use Xeros cleaning systems in the USA and we are actively contributing to their achievement of their CSR goals in relation to sustainability. We’ve demonstrated how Xeros technology can bring lasting and meaningful benefits by way of superior cleaning, water and energy reductions and enhanced service through the commercial use of our technology for laundry.

We are highly encouraged by the early adoption of our cleaning systems by these important customers and we look forward to working with them going forwards.”

See more here: www.xeroscleaning.com/investors