One of The World's Prestigious Hospitals
Applied UV, Inc. (NasdaqCM: AUVI ) ("Applied UV" or the "Company"), a pathogen elimination 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, announces that its wholly owned subsidiary SteriLumen has just installed its patented LumiCide Surface and Drain UVC Disinfecting Systems initially, in 17 patient rooms within the world renowned Mt. Sinai Medical Center Morningside. Mount Sinai Morningside , formerly known as Mount Sinai St. Luke's, is a teaching hospital located in the Morningside Heights neighborhood of Manhattan in New York City.
Mt. Sinai plans to publish the results in an Academic Paper later this summer which would further validate the previously obtained independent results conducted by ResInnova Laboratories. This validation could facilitate the adoption of our LumiCide Surface and Drain disinfection solutions throughout healthcare facilities globally.
Mount Sinai Morningside is affiliated with the Icahn School of Medicine at Mount Sinai and the Mount Sinai Health System, a nonprofit hospital system formed by the merger of Continuum Health Partners and the Mount Sinai Medical Center in September 2013. It provides general medical and surgical facilities, ambulatory care, and a Level 2 Trauma Center, verified by the American College of Surgeons. It operates 21 clinics and as of 2020, is nationally ranked by U.S. News & World Report .
John F. Andrews Applied UV's CEO and Director stated, "We welcome Mt. Sinai Medical Center to the Applied UV Family. The addition of this premier, globally recognized, and respected teaching institution to our growing list of leading hospitals who place their trust in our patented disinfection products (both air and surface) is further testament to the proven effectiveness but also, too the growing interest of globally recognized brands and companies who use our family of solutions to protect their facilities, employees, and products from harmful airborne and surface related pathogens. We look forward to a long and successful relationship with the Mt. Sinai team."
The LumiCide Disinfection System product line has the following attributes:
Applied UV's internal research and research provided by the CDC estimates that each year about 1 in 25 U.S. hospital patients (approximately 1.4M Americans) are diagnosed with at least one infection related to hospital care alone and additional infections occur in other healthcare settings. Approximately 900,000 Americans die each year due to complications associated with Hospital Acquired Infections. Many HAI's are caused by the most urgent and serious antibiotic -resistant (AR) bacteria and my lead to sepsis of death. According to NIH, Healthcare-associated infections are known to increase the length of stay, health care costs, and mortality. Each year the top 5 healthcare-associated infections result in about $9.8 billion costs.
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® air purification devices are research backed, clinically proven, and developed for NASA with assistance from the University of Wisconsin. Airocide® is listed as an FDA Class II Medical device, utilizes a proprietary photocatalytic (PCO) bioconversion technology that draws air into a reaction chamber that converts damaging molds, microorganisms, dangerous airborne pathogens, destructive VOCs, allergens, odors and biological gasses into harmless water vapor and green carbon dioxide without producing ozone or other harmful byproducts. Airocide® applications include healthcare, hospitality, grocery chains, wine making facilities, commercial real estate, schools, dental offices, post-harvest, grocery, cannabis facilities and homes. For more information about Applied UV, Inc., and its subsidiaries, please visit the following websites: https://www.applieduvinc.com
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.
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Applied UV Inc. John F. Andrews Applied UV CEO & Director john.andrews@applieduvinc.com
Brett Maas, Managing Principal Hayden IR brett@haydenir.com (646) 536-7331
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Back in 2001, the National Human Activity Pattern Survey by the United States Environmental Protection Agency already stated that Americans spend around 90 percent of their time indoors. Author and Stanford University Professor Wayne Ott studied this data from 12 western countries and concluded, “The finding that emerges is that we are basically an indoor species.”
Fast forward to 2020 and the world is hit by a pandemic caused by a highly transmissible, airborne virus that reinforces the need for safe and effective sanitizing solutions to protect facilities, employees and consumers.
Indoor air quality has become an even more important issue as world economies start the recovery process. In 2021, 39 scientists reiterated the need for a "paradigm shift" and called for improvements in, "how we view and address the transmission of respiratory infections to protect against unnecessary suffering and economic losses."
In addition to this, the global air purifier market size is set to grow exponentially. It was valued at USD 9.24 billion back in 2021 and is predicted to hit around USD 22.84 billion by 2030. According to Precedence Research, the immense demand for air purification and sterilization in the US will be driven by the commercial sector.
Applied UV (NASDAQ:AUVI, AUVIP) is poised to benefit from both increased awareness and commercial demand. The company is focused on innovating new products to combat infections with products covering both airborne particles and surface sterilization and designed for a variety of industries, including healthcare, hospitality and other commercial applications.
The union of these companies has helped ensure the success of both ventures. “By joining forces, we can distribute a combined catalog of SteriLumen and Airocide® products through the Applied UV supply chain and accelerate deal flow in the hospitality, hotel, cruise ship, health care, nursing home, grocery, wine, commercial building and retail sectors,” said Applied UV Interim CEO & Director Max Munn in an interview with INN.
SteriLumen’s products do not create byproducts as HEPA filtration systems do and are independently tested to ensure they are continually effective against COVID-19 variants and other harmful pathogens. SteriLumen’s line of products attack harmful in the air, and pathogens on surfaces, plus the SteriLumen app for asset management that provides data-driven disinfection insights.
A strong management team leads Applied UV with experience in R&D, corporate finance, and various healthcare sectors, providing a stable foundation for the company to scale and grow. Interim CEO and Director Max Munn, Mike Riccio Chief Financial Officer, Interim Chief Operating Officer John Hayman III and Chairman Joel Kanter are respected in their specialties and have already demonstrated their expertise by building Applied UV to where it is today.
Airocide® was originally developed for NASA by the University of Wisconsin, and was named a 2014 Gold Edison Award Winner. Has been featured on a number of media such as Fox News, CNN, Maxim and others. Airborne pathogens are a major problem and these two products attack them head-on.
ScientificAir is a larger unit for use in commercial spaces, like venues, airports and nursing homes. Meanwhile, Airocide® is designed for smaller rooms where aesthetics matter. Both products produce no harmful byproducts and are designed to produce safe, clean air.
Lumicide™ has two products that use similar UV technology to attack harmful pathogens on surfaces. The Lumicide™ Ribbon is a long UV light designed to sterilize surfaces and is the only known UVC solution ETL certified for safe operation while people are present in the room. The Lumicide™ Drain complements the Lumicide™ Ribbon and disinfects sinks and drains. Independent scientific not-for-profit testing laboratory CUBRC, Inc., confirmed that the SteriLumen Lumicide™ Ribbon kills SARS-CoV-2 (COVID-19 Virus).
Every modern system should have a dashboard for easy monitoring and asset management, so Applied UV created SteriLumen App to manage all Applied UV devices, including providing smart management and essential reporting solutions.
John F. Andrews has over 30 years of senior leadership experience in telecom and technology companies, both public and private. He has been CEO of several public companies as well as started and founded companies from ground zero. His experience includes leading three (3) companies to strategic exits (two (2) private and one (1) public), raising over one hundred (100) million dollars of public and private capital, managing numerous mergers and acquisitions, leading companies through explosive growth as well as rightsizing, and being recruited to turn around stalled companies. He recently was the CEO and Co-founder of Trinity IT Services LLC and CEO of TrekSecure LLC. A seasoned executive, his experience also includes being Chairman and EVP of ShipXpress which GE acquired, being CEO of Giga (NASDAQ GIGA) where he led the company's sale to Forrester Research (NASDAQ FORR) and being the CEO of e-Medsoft which went public. His fortune 300 corporate experience includes being CIO and SVP of CSX Transportation at CSX (NASDAQ CSX) corporation managing thousands of employees. During his tenure at CSX, he was credited in achieving over five hundred (500) million dollars in operating expense reductions through his visionary and portfolio technology projects. As CIO he received several industry awards to include CIO of the year from Information Week and top industry visionary from Computerworld. While at CSX, Andrews also consulted with Sun Microsystems (NASDAQ SUNW) on the development of JAVA. Prior to CSX Andrews held executive positions with telecom giant GTE, to include division CIO, President Government Information Systems and President Healthcare Information Systems. Andrews has an MBA from the University of Puget-Sound, Seattle WA, and a BA, Business Administration and Finance from Whitworth University, Spokane WA.
Max Munn has held this position at Munn Works for over 20 years. Munn is also Co-chairman of Dieu Donne Inc., a not-for-profit and a leading, world-recognized atelier wherein dimensional, handmade paper is utilized in the making of art. Munn attended MIT from 1961-to 1966, majored in chemistry and architecture; and received a Bachelor of Architecture degree. Munn also attended Columbia University for post-graduate studies from 1966-1968, working toward a Ph.D. in architectural history.
Mr. Riccio is a highly accomplished CFO who brings an extensive array of financial experience to Applied UV, including a background with global public companies in corporate finance, operations management systems, and corporate M&A planning and integration. Riccio joins Applied UV to oversee the company's finance team reporting directly to the Chief Executive Officer.
John Hayman served as Kes Science’s President and CEO for 18 years leading the company’s growth, R&D and new product development. Before Kes, Hayman was an accountant where he earned his COA Certification and ended his tenure as a Certified Public Account with KMPG.
Joel Kanter has served as President of Windy City, Inc., a privately-held investment firm, since July 1986. From 1989 to November 1999, Kanter served as the President, and subsequently as the President and Chief Executive Officer of Walnut Financial Services, Inc., a publicly-traded company (NASDAQ:WNUT).
Monica Woo is a seasoned Fortune 100 Executive and Board member with many years of accomplished experience and is known for her strategic insights and contributions serving in C-suite level positions on numerous Companies; her ability to position new and existing companies for long-term success and her extensive national and international network of senior-level contacts in business, government, and nonprofits will be extremely valuable to Applied UV's growth. Monica Woo's distinguished career brings Applied UV a strong track record in delivering profitable growth for multi-national globally recognized B2B and B2C eCommerce, food & beverage, investment banking and technology companies, including: the former President of 1-800-Flowers.Com, Inc., flagship Consumer Floral Division, the former Chief Revenue & Strategy Officer of FreshDirect (Ahold Delhaize), the former President of Bacardi Global Brands, the former Chief Marketing Officer of Diageo PLC Europe, former Executive Vice President of Nutrisystem's, the former Chief Marketing and Strategy Officer, Deutsch Bank's Online-LATAM, Sao Paulo, Brazil/NY, NY and the former Chief Marketing Officer Citibank Online & Citibank Private Bank. Monica Woo holds an MBA from the Wharton School of Business, University of Pennsylvania.
The Company has also Appointed Warren Wang as its Managing Director in Malaysia to Lead the Growth of the Business in the New Market
Just Kitchen Holdings Corp. ("JustKitchen" or the "Company") (TSXV: JK) (OTCQB: JKHCF) (FRA: 68Z) a technology-focused and enabled operator of ghost kitchens specializing in the development of delivery-only food brands, is pleased to announce the opening of two new ghost kitchen locations in Malaysia (the " New Locations "). The first location is situated within a COOX Kitchens facility in the Glo Damansara Mall (the " Mall ") in Petaling Jaya (the " PJ Location "), which opened in late May. The second location is a standalone Spoke near the commercial centre of Kuala Lumpur within the Pavilion district in Bukit Bintang (" Bukit Bintang Location ") and is targeted to open in late June. The Company will utilize GrabFood, Foodpanda, and Shopee Food as delivery service partners for the New Locations.
The PJ Location is expected to benefit from the efficiencies of a shared commercial kitchen and JustKitchen will be occupying two of the facility's 26 kitchen stalls. Initially, JustKitchen is offering an assortment of proprietary and partner food brands from this location including MrBeast Burger, Another Wing, and BIT Beef Noodles. The Mall is a six-floor shopping center located in Kuala Lumpur, Malaysia that houses a supermarket, offices, restaurants, and retail stores. 1 The Company also plans to open six to ten additional locations in and around Klang Valley in the suburbs of Jalan Ampang, Mont Kiara, Bangsar, Sri Petaling, Puchong , and Putrajaya/Cyberjaya. .
The Bukit Bintang Location is situated within walking distance from the commercial and tourist centre of Kuala Lumpur , which is also soon to be home to the 106-storey Tun Razak Exchange Tower – the new financial centre of the city. Bukit Bintang is the most prominent retail belt to many shopping and entertainment complexes in the heart of Kuala Lumpur . The Bukit Location is over 3,400 square feet and includes space for delivery and take-out services, as well as a self-serve dining area and will also serve as a mini-hub. An additional 3,400 square feet is to be used for JustKitchen's headquarters for Malaysia . The Bukit Bintang Location will prepare food from the menus of MrBeast Burger, Another Wing, BIT Beef Noodles, Curry Don, Body Fit, Thai High, Hutong, the pork-free version of In-Luck Taiwanese Delicatessen and Kitsutaya Curry, as well as pizza, boba tea and American breakfast brands being launched in the near future.
The Company also announces the appointment of Warren Wang as the Managing Director of JustKitchen in Malaysia , who has been hired to oversee the New Locations and future business development in the new market. Mr. Wang is the former General Manager of Dave and Buster's Taiwan ; he has extensive experience in the international hotel industry as well as in the restaurant and lifestyle industries. Warren has worked with the Grand Hyatt Taipei, Ambassador Hotel Group and Warner Village Cinemas Taiwan.
"We are happy to open two ghost kitchen locations in Malaysia and offer a variety of popular brands to consumers in and around Kuala Lumpur . We are grateful for the opportunity to expand JustKitchen into Malaysia and its densely populated communities," said Jason Chen , Co-Founder and Chief Executive Officer of JustKitchen. "I am confident that the New Locations will be under strong management with Warren Wang as our new Managing Director in the area and that, as a team, we will work to deliver high-quality food to a continuous set of new customers across Malaysia ," added Mr. Chen.
JustKitchen is primarily a technology-focused and enabled operator of ghost kitchens specializing in the development and marketing of proprietary and franchised delivery-only food brands for customers. The Company currently operates in Taiwan , Singapore and Hong Kong with plans to expand operations to other Asian countries. JustKitchen uniquely utilizes a hub-and-spoke operating model, which features advanced food preparation taking place at larger hub kitchens and final meal preparation taking place at smaller spoke kitchens located in areas with higher population densities. The Company combines this operating model with online and mobile application-based food ordering fulfilled by third-party delivery companies, to minimize capital investments and operating expenses and reach more customers in underserved markets. The Company's other business, JustMarket, is an e-commerce grocery delivery platform that allows customers to purchase groceries for delivery or add select grocery items to meals ordered through JustKitchen.
For more information about the Company, please visit investors.justkitchen.com. JustKitchen's final prospectus, financial statements and management's discussion and analysis, among other documents, are all available on the Company's profile page on SEDAR at www.sedar.com .
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur including but not limited to the Company's comments regarding the PJ Location expecting to benefit from the efficiencies of a shared commercial kitchen and opening in late May; the Bukit Bintang Location opening in late June; utilizing GrabFood, Foodpanda, and Shopee Food as delivery service partners for the New Locations; and the launch of pizza, boba tea and American breakfast brands in the near future. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks, including those risk factors identified in the Company's prospectus dated March 26, 2021 , and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
SOURCE Just Kitchen Holdings Corp.
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Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day Summer Small Cap Virtual Conference taking place Wednesday and Thursday, June 15th-16th, 2022. The links can also be found at www.sidoticonference.comevents
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Casey's General Stores, Inc. (CASY)
Superior Group of Companies (SGC)
Meten Holding Group Ltd. (METX)
Oaktree Specialty Lending Corp (OCSL)
Crawford & Company (CRD.B)
Infrastructure & Energy Alternatives (IEA)
About Sidoti For over two decades, Sidoti has been a premier provider of independent securities research focused specifically on Small Cap and Micro Cap companies and the institutions that invest their securities, with most of our coverage in the $50 million to $3 billion market cap range. Our approach affords companies and institutional clients a combination of high-quality research, a Small Cap and Micro Cap focused nationwide sales effort, and broad access to corporate management teams. We serve 500+ institutional clients in the U.S. and Canada, including many leading institutional managers. Sidoti promotes meaningful interaction between issuers and investors in the Small Cap and Micro Cap space through a series of investor conferences (www.sidoti.com/events) we host each year.
CONTACT Sidoti Events Team 212-453-7031 conference@sidoti.com
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Sets goals and commitments to key initiatives across the organization
Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a smart grid technology company focused on helping build sustainable utilities, is pleased to announce the publication of its inaugural Environment, Social and Governance (ESG) Report. The report is published in alignment with the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosures (TCFD), both of which are widely recognized global sustainability reporting frameworks. The inaugural ESG Report covers the period ending December 31, 2021, and highlights the ways in which Tantalus is working to create a sustainable and equitable future internally as well as for its growing user community of utilities.
The consequences of global climate change continue to challenge the resiliency of distribution grids. Additionally, the accelerating adoption of electric vehicles is stressing existing grid infrastructure by changing the system plans for utilities and putting transformers at risk of failure. Absent investments to digitize the distribution grid in order to access granular consumption and power quality data, utilities are at risk of being unprepared.
"Our purpose, as an organization, is to develop and advance smart grid solutions that create a sustainable and equitable future for the utilities we support and the communities they serve," said Peter Londa, President and CEO of Tantalus. "In addition to helping the utility industry meet their ESG initiatives, we are committed to reducing our own impacts by proactively assessing our operational resource allocations, establishing company-wide ESG goals and objectives, and improving our internal policies to meet the expanding expectations of our customers, shareholders, employees and broader stakeholders."
Tantalus' smart grid platform is helping utilities track and quantify their environmental impact. For example, Tantalus' technology is currently allowing utilities to reduce their vehicle fleets' annual mileage by more than 12 million miles and to manage 57 Gigawatt hours of renewable energy every year, translating to approximately 50,000 metric tons of avoided carbon dioxide emissions. Further, Tantalus' data analytics capabilities, which leverage artificial intelligence, are helping utilities proactively mitigate the risk of wildfires that can devastate communities and severely impact the environment.
Further, Tantalus understands the growing importance of being able to support its customers in the global energy transition amid the increasing adoption of electric vehicles (EVs), the installation of roof-top solar panels and battery walls and the expanding deployment of microgrids, and will continue to innovate and take tangible steps toward digitizing electric grids, as exemplified through the acquisition of Congruitive in early 2022.
Within the ESG Report, Tantalus also announced its ESG and sustainability goals for the coming years, including efforts to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 30% by 2030 (from a 2019 baseline) and to achieve 40% Black, Indigenous, and people of color (BIPOC) and gender diversity for new hires at Tantalus by 2030.
"The growth trajectory remains favorable for Tantalus and the Company will continue its work to measure and address our environmental and social impacts while also utilizing best practices for our governance and reporting," said Londa.
About Tantalus Systems Holding Inc. (TSX: GRID)
Tantalus is a smart grid technology company that transforms aging one-way grids into future-proofed multi-directional grids that improve the efficiency, reliability and sustainability of public power and electric cooperative utilities and the communities they serve. Our solutions are purpose-built to allow utilities to restore power quickly after major disruptions, adapt to rapidly shifting consumer expectations and population shifts, innovate new solutions based on the adoption of distributed energy resources and evolve their grid infrastructure at their own pace without needless cost or complexity. All this gives our user community the flexibility they need to get the most value from existing infrastructure investments while planning for future requirements. Learn more at http://www.tantalus.com/.
This news release includes information, statements, beliefs and opinions which are forward-looking, and which reflect current estimates, expectations and projections about future events, including, but not limited to, Tantalus' ability to meet the goals set forth in the ESG report, the ability of the Company to help utilities track and quantify their environmental impact and meet their ESG goals, and how Tantalus' products and services can support utilities with the challenges caused by climate change and the adoption of EVs and other distributed energy resources, and other statements that contain words such as "believe," "expect," "project," "should," "seek," "anticipate," "will," "intend," "positioned," "risk," "plan," "may," "estimate", "trajectory" or, in each case, their negative and words of similar meaning. By its nature, forward-looking information involves a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking information. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. Readers should not place undue reliance on forward-looking information, which is based on the information available as of the date of this news release and Tantalus disclaims any intention or obligation to update or revise any forward-looking information contained in this new release, whether as a result of new information, future events or otherwise, unless required by applicable law. The forward-looking information included in this new release is expressly qualified in its entirety by this cautionary statement.
Jacquie Hudson Marketing Communications Manager 613-552-4244 | jhudson@tantalus.com
Linda Armstrong Investor Relations 647-456-9223 | larmstrong@tantalus.com
Website: www.tantalus.com LinkedIn: LinkedIn/company/tantalus Twitter: @TantalusCorp
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Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a smart grid technology company focused on helping build sustainable utilities for the future, today announced the voting results of the Company's annual general and special meeting of shareholders held on June 10, 2022 (the "Meeting").
The following five nominees of management were elected as directors at the Meeting. The voting results for the election of each director nominee are as follows:
At the Meeting, KPMG LLP was appointed as auditors of the Company for the ensuing year and the directors were authorized to fix the remuneration to be paid to the auditors.
Approval of Amending and Restating the Omnibus Long Term Incentive Plan
At the Meeting, the amending and restating of the Company's omnibus long term incentive plan was approved by an ordinary resolution of disinterested shareholders.
About Tantalus Systems Holding Inc. (TSX: GRID)
Tantalus is a smart grid technology company that transforms aging one-way grids into future-proofed multi-directional grids that improve the efficiency, reliability and sustainability of public power and electric cooperative utilities and the communities they serve. Our solutions are purpose-built to allow utilities to restore power quickly after major disruptions, adapt to rapidly shifting consumer expectations and population shifts, innovate new solutions based on the adoption of distributed energy resources and evolve their grid infrastructure at their own pace without needless cost or complexity. All this gives our user community the flexibility they need to get the most value from existing infrastructure investments while planning for future requirements. Learn more at www.tantalus.com.
Contact Tantalus: Linda Armstrong Investor Relations 647-456-9223 | larmstrong@tantalus.com
Website: www.tantalus.com LinkedIn: LinkedIn/company/tantalus Twitter: @TantalusCorp
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/127315
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Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from CEO's of: Roblox Corporation (NYSE: RBLX), NexTech AR Solutions (OTC: NEXCF) (CSE: NTAR) Applied UV (NASDAQ: AUVI), and AIML Innovations (OTC: AIMLF) (CSE: AIML). Today's emerging technologies and lifestyle megatrends are creating billion dollar opportunities for disruptive innovation in how we live, work and play. Wall Street Reporter highlights the latest comments from industry thought leaders shaping our world today, and in the decades ahead:
NexTech AR Solutions (OTC: NEXCF) (CSE: NTAR) CEO Evan Gappelberg: "On-Ramp to Metaverse & Web 3.0 for $5.5 Trillion E-Commerce Market" NexTech AR (OTC: NEXCF), a featured presenter at Wall Street Reporter's "Next Super Stock" investor conference series, recently shared with investors how NEXCF is emerging as a key player in the $5.5 trillion global e-commerce market transition to web 3.0 and the metaverse. NEXCF Augmented Reality solutions enable to view products in lifelike 3D, in their own living room. This AR shopping experience bridges the gap between the physical world, and what was once a flat 2D online e-commerce experience. NEXCFs AR shopping experience is a ‘game changer' for the 5.5 trillion global e-commerce industry (source: Statisa 2022). Watch NEXT SUPER STOCK (OTC: NEXCF) (CSE: NTAR) Video: https://www.wallstreetreporter.com/2022/04/06/next-super-stock-nextech-ar-otc-nexcf-cse-ntar-on-ramp-to-metaverse-web-3-0-for-5-trillion-e-commerce-market/
NEXCF AR solutions create billions of dollars in potential profitability and cost cost-savings for e-commerce leaders by driving +93% increases in click through rate, and -40% reductions in product returns. This value creation and ROI is driving growing demand and industry adoption of NEXCF AR solutions. Nearly 2 billion of the world's population now shops online. Most importantly, over 72% of e-commerce is now done by mobile phone - a native platform for Augemented Reality apps like NEXCF. Global blue chip brands utilizing NexTech AR, include: Ford Mach EV, Kohls, CB2, Crate & Barrel, Pier 1, and Segway.
"NexTech's AR solutions are rapidly becoming a ‘must-have' for e-commerce leaders to succeed in today's hyper-competitive market, where even marginal improvements in metrics like click-though and return-rates can mean the difference of billions of dollars to a company's bottom line…We're at an inflection point now, where industry demand and adoption for NexTech's AR is accelerating and going mainstream. As E-Commerce shifts to Web 3.0 and the Metaverse, the demand for AR/3D product models becomes essential. NexTech is emerging as the ‘on ramp' to the Metaverse and Web 3.0 for the $5.5 trillion e-commerce industry. With over 200 million product SKU's in e-commerce worldwide - NexTech has a potential revenue pipeline worth billions of dollars in coming years." Watch NEXT SUPER STOCK (OTC: NEXCF) (CSE: NTAR) Video: https://www.wallstreetreporter.com/2022/04/06/next-super-stock-nextech-ar-otc-nexcf-cse-ntar-on-ramp-to-metaverse-web-3-0-for-5-trillion-e-commerce-market/
June 3 - NEXCF announces Spin Out of ARitize Maps, Metaverse mapping platform into separate public company, creating "pure play" for investors seeking metaverse assets, and unleashing value for NEXCF shareholders. Watch VIDEO Discussion on ARitze Maps Spinout and Demo: https://www.wallstreetreporter.com/2022/06/09/next-super-stock-nextech-ar-otc-nexcf-cse-ntar-spinning-out-ar-metaverse-maps-unleashing-shareholder-value-6-8-22-livestream/
June 9 - NEXCF launches major upgrade to its metaverse mapping platform. The upgrade includes attendee ticket sales and registration options available to clients using the Map D platform. The Company is also testing a new breakthrough in scaling the creation of spatial maps for events, and especially augmented reality (AR) wayfinding by using Map D technology for its ARitize Maps product. "Map D has been able to sell millions of dollars in exhibitor booth space and register attendees for thousands of events for many years," said Jeremy Minnick, Lead Developer for Map D. "This major platform upgrade for the first time allows us to provide a complete event management solution including tools that event managers can use to capture every opportunity for revenue and truly manage all aspects of an event within a single platform."
Applied UV (NASDAQ: AUVI) CEO John Andrews: "Best In Class For Air Purification" Applied UV, Inc. (NASDAQ: AUVI) a pathogen elimination technology company that applies the power of narrow-range ultraviolet light for surface areas and catalytic bioconversion technology for air purification to destroy pathogens safely, is expanding global distribution with distributor, M/S Novatek Pakistan being awarded as the sole source provider of Airocide air purification systems for government hospitals via a government tender for the KPK Province in Pakistan. AUVI CEO John Andrews commented: "Improving the quality of indoor air in all public indoor places, specifically government hospitals, protecting the facilities, staff and the patients who frequent them from dangerous pathogens is at the center of efforts by governments globally. With the implementation of these government guidelines and standards for business to use to improve indoor air quality beginning, our air purification solutions are the best-in-class tools to use as the world's economy begins to re-open, post pandemic." Applied UV. (NASDAQ: AUVI) News: https://www.wallstreetreporter.com/2022/06/09/applied-uv-nasdaq-auvi-announces-international-dealer/
AI/ML Innovations (OTC: AIMLF) (CSE: AIML) Chairman, Tim Daniels: "AI/ML Holds Key Patents for Multi-Billion Dollar Healthcare Wearables Market" AI/ML Innovations (OTC: AIMLF), a featured presenter at Wall Street Reporter's "Next Super Stock" investor conference series, recently updated investors on growth initiatives at AIMLF's portfolio of digital health businesses including HealthGauge, a wearable personal health monitoring & management system, using Artificial Intelligence and Machine Learning, and Tech2Heal a European mental health app innovator.
Of significant interest for investors is AIMLF's landmark patent position for wearable health monitors - which could position AIMLF to collect licensing fees and royalties on the $13.8 Billion global Smart Wearable Healthcare Devices (projected to reach $37.4 Billion by 2028. Source: Verified Market Research.) AIMLF is now starting to license its technologies to health wearables companies, and collecting royalties. With typical royalties of 2% of gross sales, AIMLF could potentially generate significant recurring revenues from companies infringing on its broad patent position in the nearly $14 billion health wearables market.
AIMLF's Health Gauge subsidiary, has recently been granted a patent by the United States Patent and Trademark Office (US Patent No. 11183303), titled "Wearable Health Monitors and Methods of Monitoring Health". The Patent covers Cardiovascular monitoring, Predictive health analysis, Behavioral analysis and 64 other claims, including use of multiple configurations of wearable health monitors, in conjunction with methods of analyzing bio-signals and monitoring health metrics (via Health Gauge's AI-driven software) for the purpose of assisting the user in achieving their personal health and wellness objectives.
AIMLF is reporting advancing growth at its portfolio company Tech2Heal, a European mental health app innovator. Tech2Heal is positioned for explosive revenue growth as European healthcare mandates now provide about 2,500 Euro per patient annually for mental wellness. Tech2Heal has just signed with a French multinational manufacturer, to provide mental wellness support to their 170,000 employees globally, and additional Enterprise contracts are in the pipeline. Tim Daniels also updated investors on AIML's growing pipeline of M&A opportunities in the HealthTech space, which could have a positive impact on maximizing shareholder value in coming months. Watch AI/ML Innovations (OTC: AIMLF) (CSE: AIML) NEXT SUPER STOCK Video: https://www.wallstreetreporter.com/2022/05/31/next-super-stock-ai-ml-billion-dollar-patent/
Roblox Corporation (NYSE: RBLX) CEO David Baszucki: "Immersive Advertising is Enormous Opportunity" "...We've historically started with younger players. And now we see growth in two areas: One is the existing Roblox player base is growing up with us. So that is a retention opportunity to bring them with us. But we also bring other people in. Squid games, the concerts, both examples of events that we believe most likely reached some new audience. In the case of Squid Games looking for -- and that's singular Squid Game, people looking for a place to experience that brands side-by-side the awesome show. And so they came to Roblox where they could see that. So, I do believe those things add to the retained people that come into our platform and stick with us and bringing new older players to a platform...Advertising is an enormous opportunity, and at the same time our vision for advertising is immersive, it's native, it's around high-quality experiences and over time, we'll be working on rolling out. But the standards around this, how this is supported globally and we do think there's an interesting and big future and at the same time, a very high-quality branded advertising type future…" Roblox Corporation (NYSE: RBLX) Earnings Highlights: https://www.wallstreetreporter.com/2021/11/10/roblox-corporation-nyse-rblx-q3-earnings-highlights/
Wall Street Reporter (Est. 1843) is the leading financial news provider, focused on giving investors direct access to CEO's of promising, publicly-traded companies, and market experts. www.WallStreetReporter.com . Nothing in this news summary shall be construed as investment advice. Quotes/content may be edited for brevity and context. Full disclaimer, and relevant SEC 17B disclosures here: https://tinyurl.com/2x4eznd5
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Airocide to be Deployed in Pakistan Government Hospitals
Expands Global Footprint with Distribution Now in 52 Countries
Applied UV, Inc. (NasdaqCM: AUVI ) ("Applied UV" or the "Company"), a pathogen elimination 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, announced that it has expanded its global distribution reach with our distributor, M/S Novatek Pakistan being awarded as the sole source provider of Airocide air purification systems for government hospitals via a government tender for the KPK Province in Pakistan.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220609005149/en/
Applied UV's distribution partner, M/S Novatek Pakistan has extensive experience in dealing with the Pakistani government and previously won a similar government tender with the installation of 657 Airocide air purification systems installed throughout the country.
Mr. Munawwar Zahid, CEO of M/S Novatek Pakistan stated, "M/S Novatek Pakistan is proud to be the sole distributor of the Airocide Patented technology that was developed for NASA and is listed as an FDA Class II Medical device allowing us to deploy it throughout the country of Pakistan. We were selected to partner with Airocide because we knew that their air purification solutions are the best in the class, which have been deployed and used by globally recognized brands throughout the world to protect against SARS-COV-2 and other harmful air-borne pathogens even those too small to be filtered."
John Andrews, Applied UV's Chief Executive Officer stated, "We are proud to partner with M/S Novatek Pakistan and appreciate the trust they have placed in our Airocide suite of air purification solutions. Improving the quality of indoor air in all public indoor places, specifically government hospitals, protecting the facilities, staff and the patients who frequent them from dangerous pathogens is at the center of efforts by governments globally. With the implementation of these government guidelines and standards for business to use to improve indoor air quality beginning, our air purification solutions are the best-in-class tools to use as the world's economy begins to re-open, post pandemic. As a Company, we are very aware of the great importance of improving the circle of care by protecting the worlds front line healthcare providers post this three-year pandemic. We look forward to working with M/S Novatek, we are extremely confident that our air purification solutions will help them achieve their stated goals."
Mr. Zahid, further stated, "We are grateful for invaluable business relationship we share with Applied UV and for always standing by our side. The support, dedication, professionalism, and hard work of each member of Applied UV team, contributed greatly to the success of this mutual venture. Airocide is something of great value in Pakistan due to its filter-less technology and environment-friendly proprieties. We see a massive demand for Airocide in the coming year. We have enjoyed a very successful seven-year partnership and we are looking forward to many more."
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 Airocide® air purification devices are research backed, clinically proven and developed for NASA with assistance from the University of Wisconsin. Airocide® is listed as an FDA Class II Medical device, utilizes a proprietary photo-catalytic (PCO) bioconversion technology that draws air into a reaction chamber that converts damaging molds, microorganisms, dangerous airborne pathogens, destructive VOCs, allergens, odors and biological gasses into harmless water vapor and green carbon dioxide without producing ozone or other harmful byproducts. Airocide® applications include healthcare, hospitality, grocery chains, wine making facilities, commercial real estate, schools, dental offices, post-harvest, grocery, cannabis facilities and homes. 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.
For more information about Applied UV, Inc., and its subsidiaries, please visit the following websites: https://www.applieduvinc.com/
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220609005149/en/
For additional Company Information: Applied UV Inc. John F. Andrews Applied UV Inc., CEO & Director john.andrews@applieduvinc.com
Contact: Brett Maas, Managing Principal Hayden IR brett@haydenir.com (646) 536-7331
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