21:12:59 EDT Wed 01 May 2024
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Pool Safe Inc
Symbol POOL
Shares Issued 89,229,750
Close 2023-06-20 C$ 0.02
Market Cap C$ 1,784,595
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Pool Safe to supply Loungenie units through Avendra

2023-07-26 14:30 ET - News Release

Mr. David Berger reports

POOL SAFE AND AVENDRA PARTNER TO SUPPLY LOUNGENIE UNITS

Pool Safe Inc. has been awarded approved supplier status by Avendra FF&E Services, North America's leading hospitality procurement services provider, through its affiliate, Avendra Replenishment Group LLC. Avendra provides an extensive range of goods and services in support of more that 16,500 hospitality customers.

"Avendra FF&E Services is excited to bring this innovative, convenient solution and revenue-making opportunity to our client partners," says Eleanor Waddell, vice-president of strategic growth at Avendra.

David Berger, chief executive officer of Pool Safe, noted: "We are thrilled to join Avendra's network of approved FF&E suppliers. By partnering with Avendra FF&E Services, we are able to connect directly with thousands of hospitality providers, who will now be able to benefit from adding the Loungenie to their guest service options."

The Loungenie by Pool Safe offers guests of hotels, resorts, waterparks and cruise ships a safe and convenient way to order, stash, charge and chill. Loungenie's guest-friendly and value-added service options include:

  • A waterproof electronic safe to store guests' valuables;
  • Service call button that alerts service staff to a guest's order;
  • USB charging port for charging small electronic devices;
  • Storage compartment with an insulated ice bucket, three beverage holders and more.

Mr. Berger continued, "We are diligently focused on growing our outreach to potential new client/partners and being part of the Avendra FF&E Services supplier network offers us an exciting and extensive avenue to integrate our Loungenie brand into new markets with new partners."

About Avendra Replenishment Group LLC

Avendra is North America's leading hospitality procurement services provider. Avendra FF&E Services is a wholly- wned subsidiary of Avendra. Avendra's supply chain management solutions are tailored to its clients' business strategies and deliver benefits beyond great savings. The company combines years of hospitality expertise, purchasing power, services and software to help customers impact the bottom line, improve operational performance and better serve guests. More than 16,500 customers rely on Avendra as a trusted partner. Avendra is headquartered in Rockville, Md., and has regional offices throughout North America.

About Pool Safe Inc.

Pool Safe designs, develops and distributes a product known as Loungenie, which functions as a multipurpose personal poolside attendant. Loungenie by Pool Safe is designed to provide safety, convenience and peace of mind for hotels, resorts, waterparks and cruise ship guests. Conveniently located alongside pool or beach lounge chairs, the Loungenie is a unique way of providing vacationers with a comforting sense of security for their belongings, while offering the vendor opportunities to increase F&B sales, expedite customer service and drive revenue.

Pool Safe is a fully reporting publicly traded company that is listed on the TSX Venture Exchange under the symbol POOL.

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