Applied UV Maintains Quantiva™, Integrates AI and Machine Learning Capabilities into PURONet™ and Airocide™ Systems

Machine Learning


Applied U.V. Co., Ltd.

Applied U.V. Co., Ltd.

PURONet™ and Airocide expected by Q4 2023 Help address estimated $400 billion annual post-harvest crop losses from spoilage along supply chains

MOUNT VERNON, N.Y., June 15, 2023 (Globe Newswire) — Via NewMediaWire – Applied UV, Inc. (Nasdaq: AUVI) (“Applied UV” or the “Company”) is an advanced food security and A leading provider of air and air supplies. Surface Sanitization Technologies has partnered with Quantiva™, a provider of AI-driven consulting and software engineering services and solutions, to support the further development and expansion of our proprietary indoor air quality monitoring software, PURONet™.

The initial purpose of the partnership is to leverage machine learning and artificial intelligence to extend the capabilities of Applied UV’s flagship brand, Airocide™. Airocide™ is a patented air purification technology originally co-developed by the University of Wisconsin for NASA to grow crops in space. . Airocide™ proprietary technology is known worldwide for its ability to remove airborne pathogens such as bacteria, viruses, pollen, mold, yeast, allergens, VOCs and odors, and remove ethylene using photocatalytic oxidation. It is now widely used in the post-harvest food preservation supply chain and includes global end users such as Del Monte, Whole Foods and Esmerelda Farms, to name a few. According to the Food and Agriculture Organization of the United Nations, each post is worth an estimated $400 billion annually worldwide.-hPrevent crop loss from spoilage along the supply chain.

Quantiva™ is working with Applied UV to leverage the power of diverse data entry and artificial intelligence to integrate into both their existing PURONet indoor air monitoring and control software and their Airocide™ product line. This more advanced product offering is expected to improve the performance of his chain of logistical supplies, from producers to distributors to shipping companies to grocers. Dramatically reduce the scale of food spoilage and loss that negatively impacts countries, businesses and consumers around the world.

Applied UV Founder, CEO and Director Max Mann said: . The impact of crop loss is being felt around the world and we believe our proven Airocide™ brand can mitigate this loss and improve social outcomes globally. We look forward to the launch of our next-generation product, which is expected to be completed in the second half of 2023. ”

Quativa™ co-founder and managing director Tamo Muller said: “Our quantitative approach to decision-making involves defining and analyzing opportunities and challenges and delivering effective solutions through rational, systematic and scientific processes based on data, facts and logic. The opportunity to address this global post-harvest problem is at the very heart of our values ​​of improving social outcomes, and we look forward to working closely with the team at Applied UV.”

In a March 2023 presentation, Maximo Torero Cullen, chief economist at the United Nations Food and Agriculture Organization (FAO), detailed that about $400 billion in food is lost each year between harvest and retail. In addition, 31.15% of all fruits and vegetables are lost worldwide due to perishability and lack of appropriate intervention strategies. Most of these perennial crop losses are due to spoilage and the effects of ethylene in the degradation of high-value crops throughout the supply chain.

According to Torello, the solution to the global food loss and waste challenge involves the introduction of contextual and resource efficient technologies and the economic and effective collection and real-time use of food. Predicted that the entire chain would need innovation. environmental data.

For more information on the presentation, please click the following link: https://issuu.com/horticulturaposcosecha/docs/maximo_torero_cullen_current_status_of_food_loss_a

About Quantiva™

Quantiva empowers companies with breakthrough AI-driven solutions and strategic product development to drive innovative growth and agility in the regulated environment. Quantiva’s team of business-focused engineers has provided consulting and software engineering services to numerous companies including Institutional Shareholder Services (ISS), Siemens, UP Medical, Quantitative Radiology Solutions, and The United Nation. Quantiva™ is a hands-on, full-product lifecycle technology consulting and digital transformation solutions provider with expertise in delivering innovation strategies for multiple industries. Quantiva’s focused business categories include banking/finance, commerce, healthcare, media ownership and loyalty solutions, supply chain management, and critical infrastructure solutions. Quantiva™ partners with the client to develop business and product strategy through to final implementation, rethinking processes and platforms to maximize efficiency, ensure regulatory compliance, and realize maximum his ROI . For more information about Quantiva, please visit https://www.quantiva.co/.

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About Applied UV

Applied UV, Inc. offers proprietary surface and air pathogen removal and disinfection technologies focused on improving indoor air quality (IAQ), specialty LED lighting, premium mirrors and commercial furniture, including: All serve clients worldwide in both commercial and retail sectors. For information about Applied UV, Inc. and its subsidiaries, please visit https://www.applieduvinc.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 Shapes and similar expressions are used where relevant. Identify any forward-looking statements to the Company or its management. Such statements include, but are not limited to, statements contained in this press release regarding Applied UV’s management’s views regarding Applied UV’s business strategy, future performance, liquidity and capital resource 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 envisioned in the forward-looking statements. They are neither statements of historical fact nor guarantees of future performance. Therefore, you are cautioned not to rely on these forward-looking statements. Factors and events that may cause our actual results to differ from time to time may occur, and we cannot predict all of them. We cannot guarantee future results, activity levels, performance or achievements. We do not intend to update any forward-looking statements except as required by applicable law, including US securities laws. References and links to websites are provided as a convenience and the information contained in such websites is not incorporated by reference into this press release.

For additional company information:

Applied UV Co., Ltd.
Max Mann
Applied UV Founder, CEO and Director
max.munn@sterilumen.com

Investor Information Contact:

Tora Digital IR

Kevin McGrath
+1-646-418-7002
kevin@tradigitalir.com



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