Sparx Holdings Group Inc. (OTC:SHGI) Stock In Focus After Recent News
The innovative fire protection solutions leader Sparx Holdings Group Inc. (OTC:SHGI) could come on the radars of investors this morning after the company made a major new announcement.
On Thursday, the company unveiled a path-breaking new paradigm in fire protection technology as it continued to work on the upcoming completion of its advanced hub for the Sparx Smart Sprinkler System prototype. The new system that had been built with patent-pending technology was designed for the purpose of interfacing with traditional sprinklers, which are deployed in commercial spaces and warehouses.
The Sparx Smart Sprinkler System had been designed in such a way that it would be able to boost regular fire sprinklers with sensors, thereby leading to faster responses to fires thanks to quicker detection. Another significant feature of the system that was revealed in the news release was that the fire sprinklers could communicate with one another.
That would lead to better coordination and collaboration so as to deliver the best possible response to a fire. The hub would also provide real-time information about the status of the active fire sprinklers included in the Sparx Smart Sprinkler System. If there is a fire, the hub will display the sprinklers that have been activated and will continue to monitor the system throughout.
In the news release provided by Sparx Holdings Group yesterday, it was noted that, unlike many similar fire panel devices, its hub provided an alternative that offered extreme simplicity. The design was described as intuitive and user-friendly since it provided a state-of-the art touch screen that was easy to navigate. It was further noted that the company was in the middle of the integration stage as of yesterday. It was engaged in testing the functionality and communication between the sprinkler sensing and activation units and the hub.
