Applied UV, Inc.
19.7.2021 14:32:05 CEST | ACCESS Newswire | Press release
MOUNT VERNON, NY / ACCESSWIRE / July 19, 2021 / Applied UV, Inc. (NasdaqCM:AUVI) ("Applied UV" or the "Company"), an infection control technology company that applies the power of narrow-range ultraviolet light ("UVC") for surface areas and catalytic bioconversion technology for air purification to destroy pathogens safely, thoroughly, and automatically, today announced the signing of an exclusive distribution agreement with Lootah Batta Water and Environment, LLC ("LBWE") for the distribution of the Airocide® consumer and commercial air purification systems within the United Arab Emirates ("UAE").
"We are immensely excited to be an exclusive distributor of Airocide products in the UAE", said Neeraj K. Batta, Managing Director. "Our experience with Sterilumen and Airocide in the U.S., gives us the utmost confidence that this world-class, proven air purification technology will do quite well in the UAE across many sectors."
The UAE is a very popular destination and home to the business hub, travel/leisure and conference destination in the Middle East. The UAE is at the forefront of solutions to mitigate exposures to airborne pathogens and LBWE is uniquely positioned to advance the range of Airocide products across multiple verticals from commercial to hospitality to healthcare to residential and beyond.
"Since the acquisition of the Airocide® technology, we have carefully chosen strategic partners to support the distribution of our products into untapped markets quicker," said Q Saeed, CEO of Applied UV. "The UAE is a market very familiar to the Company and we believe LBWE is the ideal partner to provide excellent sales and customer support of our products throughout the UAE."
As a Distributor, LBWE is partnering with Applied UV in areas including distribution, logistics, support, and other high-value services such as installation and technical support for SteriLumen's Airocide® products for air purification. SteriLumen's Airocide® products for air purification utilize a proprietary photo-catalytic bioconversion technology that converts damaging molds, microorganisms, dangerous pathogens, destructive VOCs, and biological gasses into harmless water vapor without producing ozone or other harmful byproducts.
Airocide® System
The Airocide® System, originally developed by NASA with assistance from the University of Wisconsin at Madison, is an airborne pathogen killing technology that uses a patented combination of UVC and a proprietary, titanium dioxide based photocatalyst. Listed as an FDA Class II Medical device, the Airocide® technology is clinically proven and field tested to kill/remove/eliminate airborne pathogenic and non-pathogenic microorganisms, allergens, odors and harmful VOCs in a variety of applications and industries including healthcare, hospitality, grocery chains, wineries, commercial real estate, schools, dental offices and homes. Airocide® air purifiers are available at www.airocide.com
About Lootah Batta Water and Environment, LLC
Lootah Batta Water and Environment, LLC (LBWE) is a Joint Venture bringing together SS Lootah Holdings a prominent family conglomerate in the UAE and Batta Technologies, a leading Environmental Engineering and Clean Technology firm. The JV aims to tackle the current challenges in Air Quality, Water Quality and Health/Safety areas in the UAE. For more information on LBWE, please visit http://www.lootahbatta.com/
About Applied UV
Applied UV is focused on the development and acquisition of technology that address infection control in the healthcare, hospitality, commercial and municipal markets. The Company has two wholly owned subsidiaries - SteriLumen, Inc. ("SteriLumen") and Munn Works, LLC ("Munn Works"). SteriLumen's connected platform for Data Driven Disinfection™ applies the power of ultraviolet light (UVC) to destroy pathogens safely, thoroughly, and automatically, addressing the challenge of healthcare-acquired infections ("HAIs"). Targeted for use in facilities that have high customer turnover such as hospitals, hotels, commercial facilities, and other public spaces, the Company's Lumicide™ platform uses UVC LEDs in several patented designs for infection control in and around high-traffic areas, including sinks and restrooms, killing bacteria, viruses, and other pathogens residing on hard surfaces within devices' proximity. The Company's patented in-drain disinfection device, Lumicide Drain, is the only product on the market that addresses this critical pathogen intensive location. SteriLumen's Airocide® products for air purification, developed by NASA and FDA Cleared as class II medical devices, utilize a proprietary photo-catalytic bioconversion technology that draws air into a reaction chamber that converts damaging molds, microorganisms, dangerous pathogens, destructive VOCs and biological gasses into harmless water vapor without producing ozone or other harmful byproducts. Airocide® applications include healthcare, hospitality, grocery chains, wine making facilities, commercial real estate, schools, dental offices, and homes.
For more information about Applied UV, Inc., and its subsidiaries, please visit the following websites: https://www.applieduvinc.com/; https://sterilumen.com/; and, https://munnworks.com/.
Forward-Looking Statements
The information contained herein may contain "forward‐looking statements." Forward‐looking statements reflect the current view about future events. When used in this press release, the words "anticipate," "believe," "estimate," "expect," "future," "intend," "plan," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward‐looking statements. Such statements include, but are not limited to, statements contained in this press release relating to the view of management of Applied UV concerning its business strategy, future operating results and liquidity and capital resources outlook. Forward‐looking statements are based on the Company's current expectations and assumptions regarding its business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. The Company's actual results may differ materially from those contemplated by the forward‐looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward‐looking statements. Factors or events that could cause the Company's actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. The Company cannot guarantee future results, levels of activity, performance, or achievements. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward‐looking statements to conform these statements to actual results.
Contact:
Applied UV Investor Relations
Kevin McGrath
TraDigital IR
+1-646-418-7002
kevin@tradigitalir.com
SOURCE: Applied UV, Inc.
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