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This agreement will reduce logistics costs and Accelerate development of next-generation products for applied UV
Mount Vernon, New York, December 16, 2022–(BUSINESS WIRE)–Applied UV, Inc. (Nasdaq CM: AUVI) (“Applied UV” or the “Company”), a pathogen removal technology company, has established a strategic manufacturing and affiliate partnership with the company. announced that it has entered into a service agreement. Canon Virginia, Inc. (“CVI”) is the global manufacturing, engineering and technology business of the Canon family and a wholly owned subsidiary of Canon USA, Inc. The agreement establishes CVI as Applied Materials’ premier manufacturer, assembler and distributor. A range of air purification solutions from UV. The first manufacturing contract in a series of anticipated deals will allow the company to leverage the resources of his 2 million square feet of state-of-the-art engineering, manufacturing and distribution facilities at his CVI.
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Airocide air purifier (Image: Applied UV, Inc.)
Max Munn, President and Director of Applied UV, said: “For the past three years, as disruptions to his supply chain and logistics have impacted the operations of companies around the world, consolidating the manufacturing process into one company and bringing it to land has been a top priority for him. ”
Applied UV will leverage CVI’s nearly 40 years of innovative and efficient manufacturing methods to develop its patented FDA Class II Listed Airocide PCO commercial and consumer devices, as well as its patented advanced activated carbon We plan to manufacture the UVC and HEPA mobile sanitizer Scientific Air portfolio.
“Financially speaking, CVI’s extensive in-house capabilities and supply chain efficiencies should translate into immense short- and long-term production and logistics cost savings and accelerated development of our next-generation products. » of applied UV light. “By reducing manufacturing execution risk, we can focus on sales and marketing.”
Applied UV will also work with Canon Financial Services, Inc. to enable better cash flow management for their growing supply chain requirements. In addition, we aim to work with the extensive field support teams of CVI’s affiliates to facilitate the sales and service capabilities of our products.
Canon is symbiosisShingo Shigeta, President and Chief Executive Officer of CVI, said: We bring our manufacturing, R&D and process expertise to the current and next generation Applied UV family of best-in-class air and surface disinfection portfolios. ”
About Canon Virginia, Inc.
Canon Virginia, Inc., located in Newport News, Virginia, serves as the manufacturing, engineering, recycling and technical support center for Canon in the Americas. Canon Virginia manufactures new products using advanced manufacturing methods, while also serving as a factory service center to provide professional customer service in the repair and refurbishment of Canon products. Canon Virginia’s manufacturing services span injection molding, contract manufacturing, medical contract manufacturing, and aftermarket services. For more information, call 1-866-99-CANON or visit https://www.cvi.canon.com/manufacturing-services/.
About Applied UV
Applied UV, Inc. (“AUVI”) develops and acquires proprietary infection prevention and control technologies in healthcare, commercial and public facilities, food processing/storage, cannabis, and education vertical markets. AUVI has two wholly owned subsidiaries. They are SteriLumen, Inc. (“SteriLumen”) and Munn Works, LLC (“Munn Works”). Sterilumen owns and markets a portfolio of products with advanced pathogen removal technologies under the brands Sterilumen’s Airocide®, Sterilumen’s Scientific Air™, Sterilumen’s Airoclean™ 420 and Sterilumen’s Lumicide™.
Leading organizations around the world rely on AUVI air purification systems to completely eliminate airborne and surface infections, mold, bacteria, allergens and other contaminants. Our customers include Kaiser Permanente, NY Health+Hospitals, Baptist Health South Florida, Boston Red Sox’s Fenway Park, JetBlue Park, France’s Palace of Versailles, Invited Clubs, Whole Foods, Del Monte Foods, and the U.S. Department of Veterans Affairs. It is included.
Scientifically proven to reduce healthcare-associated infections (HAIs), Scientific Air™ offers a unique three-step technology that integrates a HEPA filter, a UV germicidal light chamber, and an activated carbon substrate.
For information about Applied UV, Inc. and its subsidiaries, please visit:
https://www.applieduinc.com/
https://www.sterilumen.com
https://airoclean420.com/
Forward-Looking Statements
Information contained herein may contain “forward-looking statements.” Forward-looking statements reflect our current view of future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan,” or negation of any of these terms Forms and similar expressions are used where they relate to identify forward-looking statements to us or our management. Such statements include, but are not limited to, statements contained in this press release relating to the views of management of Applied UV regarding its business strategy, future performance, liquidity and capital resources prospects. not. Forward-looking statements are based on our current expectations and assumptions regarding our business, economic and other future conditions. Forward-looking statements are forward-looking and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those implied by forward-looking statements. They are not statements of historical fact or guarantees of future performance. Therefore, you are cautioned not to rely on these forward-looking statements. Factors or events may occur from time to time that could cause our actual results to differ, all of which we cannot predict. We cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including U.S. securities laws, the Company does not intend to update forward-looking statements to conform these statements to actual results.
View source version at businesswire.com: https://www.businesswire.com/news/home/20221216005028/en/
contact address
Additional company information:
Max Munn, President, Founder, Director
Applied UV Co., Ltd.
m.munn@sterilumen.com
contact:
Brett Maas, Managing Principal
Hayden IR
brett@haydenir.com
(646) 536-7331
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