Point Roberts, WA and Delta, BC - January 18, 2022 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering clean energy and clean air solution stocks releases a special report featuring cleantech pioneer, SinglePoint Inc. (OTCQB: SING).
According to a new report from ResearchandMarkets, "Increasing air pollution, urbanization, and industrialization severely degrade air quality, which worsens when natural calamities such as wildfires occur. The spread of the SARS-CoV-2 virus (COVID-19 pandemic) and rising public awareness of the dangers of air pollution significantly accelerated the demand for air purification units in residential and commercial sectors."
"The industry's need of the hour is the development of cost-effective and efficient air purification systems capable of eliminating all types of indoor air pollutants." the article concluded.
SinglePoint Inc. (OTCQB: SING) subsidiary BOX Pure Air, a company dedicated to creating safe, clean, indoor air zones to improve overall air quality and general health recently announced the receipt of a purchase order from a North Carolina school district to fully implement a clean indoor air solution utilizing the AirBox™ Apex, Peak and Mesa units. This is the Company's first larger purchase totaling nearly $2.0M dollars. The North Carolina school district is implementing a full campus solution customized to the specific needs within the various indoor rooms' combination of units. AIRBOX AIR PURIFIERS™ are commercial-grade solution built in the USA that uses Certified HEPA filtration with high velocity to affect the dynamic room air flow for a comprehensive pathogen hardened solution. AirBox is high quality, requires low maintenance, is easy to use and offers a 5-year warranty on all products.
From the news: "The team at BOX Pure Air have collaborated with this district since the early spring of 2021 in order to create safe indoor air environments. We are pleased with their decision to move forward with our Made in the USA Commercial AIRBOX Air Purification Units that utilize Certified HEPA filtration distributed by BOX Pure Air. This is the first full implementation order of an entire district and although this district represents less than 25 schools, we are in active discussions with several other individual schools and small, medium and large school districts. The indications of interest from school Superintendents, Facilities Managers and other key decision makers continues to accelerate and we continue to see incremental increases in orders coinciding with actual availability of the federal funding," stated Ryan Cowell, CEO of BOX Pure Air.
EPA studies of human exposure to air pollutants indicate that indoor levels of pollutants may be two to five times - and occasionally more than 100 times - higher than outdoor levels. These levels of indoor air pollutants are of particular concern, because most people spend about 90 percent of their time indoors.
School districts are increasingly interested in providing cleaner indoor air quality in areas of the building where it can be difficult to enforce social distancing. In addition to COVID, the common cold and flu often rapidly spreads throughout schools during the winter months. This causes many students and faculty undue missed days of school impacting both the child's education and their families at home. The national government funding that is now being deployed will enable the schools to purchase high efficiency portable air purification units that utilize certified HEPA filtration to improve the health and well-being of students and staff within our nation's schools.
"This is an exciting time for the SinglePoint shareholders and stakeholders as we are beginning to see growing demand for clean indoor air solutions and we are well-positioned to take advantage of that increasing demand to create clean indoor air environments at school, at work and at home. This initial full implementation of a school district reaffirms our decision to acquire BOX Pure Air and the initial go-to-market strategy which was and still is primarily focused on our nation's schools as they look for solutions to keep schools open and provide clean air for students and educators. While the aggregate size of this school district is small the opportunity for SinglePoint shareholders is large as there are over 130,000 K-12 schools in the US. The team at BOX Pure Air has done a phenomenal job securing initial orders not just in K-12 schools but within various colleges and universities as they look for similar solutions within the common educational areas but also within on-campus student residence halls and dormitories. We expect that BOX Pure Air will continue to secure additional sales in the near term and continue to establish itself as a leader in creating safe, clean indoor air zones as clean indoor air can no longer be ignored and is an essential right," commented Wil Ralston, CEO of SinglePoint.
Units will be deployed throughout the district's schools in elementary, middle and high school classrooms, cafeterias, libraries administrative offices, teachers lounges, counseling centers, media centers, conference rooms, multi-purpose rooms, common areas, nurses offices, auditoriums, gymnasiums, locker rooms, film rooms, weight rooms, etc. The units were purchased as a long-term solution comprised of AirBox™ Commercial Air Purifiers utilizing Antimicrobial and Certified HEPA Filters and additional filters designed for coverage over the next three years.
Speaking to investor and institutional interest being attracted to the industry, Applied UV, Inc. (NASDAQ:AUVI) (NASDAQ:AUVIP), an industry leader in air and surface pathogen elimination technology recently announced that the underwriters of its previously completed underwritten public offering have exercised their over-allotment option to purchase an additional 400,000 shares of Common Stock, for aggregate gross proceeds of approximately $1.2 million, prior to deducting underwriting discounts, commissions, and other offering expenses.
From the news: The Company expects to use the net proceeds of this offering for general corporate purposes, including new investments and acquisitions.
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 the 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 for 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.
AeroClean Technologies (Nasdaq: AERC) is also seeing a rise in demand, having recently announced plans to install Pūrgo™ air purification and sanitization devices at MADabolic Jupiter by the end of 2021. Pūrgo™ performance tests conducted on-site compelled the MADabolic Jupiter leadership team to proceed with the installation. Pūrgo™ uses patented, proprietary, UV-C LED technology to significantly reduce and remove harmful pathogens, including allergens, mold, bacteria, fungi, and viruses, like influenza and SARS-CoV-2 (COVID-19) - offering continuous air sanitization as a robust safety measure for clients and staff.
From the news: "We have a results-driven mentality with everything we do - from how we run our gym to how we train our athletes. After viewing AeroClean's test data, we knew Pūrgo™ would add a meaningful layer of protection to our space and enhance the safety and comfort of athletes in our studio," said Josh Werner, Franchise Owner of MADabolic Jupiter.
Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF), a leader in smart buildings and cities through IoT, Cloud and SaaS technology announced that it is expanding its BioCloud technology global footprint with a Japan-based trading company.
From the news: "BioCloud continues to garner international interest given the growing, ubiquitous need for creating safer spaces and monitoring of heating, cooling and ventilation systems (HVAC) in real-time," said Paul Ghezzi, CEO of Kontrol Technologies.
Kontrol is partnering with a well-established trading company in Japan that has a 60-year history of large-scale deployment of HVAC and air quality systems. Kontrol and the trading company are negotiating a distribution agreement and are currently working together for technology demonstrations in the region. A distribution agreement is anticipated to be completed in February 2022. The trading company will not be named for industry competitive purposes.
Kontrol BioCloud is an operating subsidiary of Canadian public company Kontrol Technologies. The BioCloud technology is a real-time analyzer designed to detect airborne viruses and pathogens. BioCloud is an air quality technology and not a medical device. BioCloud has been designed to operate as a safe space technology by sampling the air quality continuously. With a proprietary detection chamber that can be replaced as needed, viruses are detected, and a silent notification system is created.
Following the press release dated January 5th, 2022, Kontrol has provided an update on additional performance testing of the BioCloud technology at a level two lab. The additional testing was performed in conjunction with new interface features which were designed to be utilized and shared by researchers and applicable customers to validate the presence of the SARS-CoV-2 virus, and the level of detection response to better determine the safety of an area, and effectiveness of current site safety protocols.
The need for safe air quality, both indoors and out, is becoming increasingly apparent to both investors and average citizens alike, a similar development to what we've seen play out in sectors like Clean Energy and EV's, as more people have become aware of Climate Change and Fossil Fuel concerns. As the world continues to wake up to global concerns over air quality, we could see much of this technology go from a state of being seen as a luxury or add on item, to becoming essential to modern business operations.
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors. Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea's original branded content includes podcasts and columns: Crypto Corner, Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast, Cleantech and Climate Change, Exploring Mining, Betting on Gaming Stocks Podcast and the AI Eye Podcast.
Disclaimer/Disclosure: Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: this news article featuring SING is a paid for news release on Investorideas.com – (two thousand) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country.