via NewMediaWire – Applied UV, Inc. (Nasdaq: AUVI) (“Applied UV” or
the “Company”), a leading provider of advanced food security
and air and surface disinfection technology, has engaged Quantiva™,
a provider of AI-driven consulting and software engineering
services and solutions, to support the further development and
expansion of the Company’s proprietary indoor air quality
monitoring software, PURONet™.
The initial objective of the collaboration is to leverage
Machine Learning and Artificial Intelligence to expand the
capabilities of Applied UV’s flagship brand, Airocide™, a patented
air purification technology originally co-developed by the
University of Wisconsin for use by NASA to grow crops in space. The
Airocide™ proprietary technology eliminates airborne pathogens
including bacteria, viruses, pollen, mold, yeast, allergens, VOCs,
and odors and is known globally for its ability to remove ethylene
by utilizing Photo-catalytic Oxidation. It is currently used
extensively in the post-harvest food preservation supply-chain with
global end users such as Delmonte, Whole Foods and Esmerelda Farms
to name a few. According to the Food and Agriculture
Organization of the United Nations, there is a world-wide estimated
$400 billion per year a post-harvest crop loss due
to Spoilage along the supply chain.
Quantiva™ is working with Applied UV to harness the power of
diverse data inputs and Artificial Intelligence for integration
into both the Company’s existing PURONet indoor air monitoring and
control software, and the Company’s Airocide™ product line.
This more advanced product offering is expected to improve outcomes
in the logistical supply chains of growers to distributors,
transportation companies, and grocers; significantly reducing the
magnitude of food spoilage and loss which adversely impacts
countries, companies, and consumers around the world.
Applied UV Founder, CEO and Director Max Munn, stated, “We are
excited about the opportunity to collaborate with Quantiva™ to
advance the development of our proprietary PURONet™ indoor air
monitoring software, particularly in the rapidly growing field of
food preservation and food security. The impact of crop loss is
felt all around the world, and we believe our proven Airocide™
brand can help mitigate this loss, improving societal outcomes
globally. We look forward to our next-generation product
launch which we anticipate being completed in late 2023.”
According to Quativa™ Co-Founder and Managing Director Tammo
Mueller, “Our quantitative approach to decision-making involves
defining and analyzing opportunities and challenges and delivering
effective solutions through a rational, systematic, and scientific
process, based on data, facts, and logic. The opportunity to
address this global post-harvest problem is at the very core of our
values, improving societal outcomes. We look forward to
working closely with the team at Applied UV.”
In a March 2023 presentation, Maximo Torero Cullen, Chief
Economist of the United Nations Food and Agriculture Organization
(FAO), detailed that approximately $400 billion of food is lost
each year between harvest and retail. Moreover, a staggering 31.15%
of all fruits and vegetables are lost globally due to high
perishability and a lack of adequate intervention strategies. The
majority of these perennial crop losses are due to spoilage and the
effects ethylene has in the degradation of high value crops all
along the supply chain.
Mr. Torero predicted that solutions to the global challenge of
food loss and waste will require the deployment of
context-appropriate and resource efficient technologies together
with innovation down the food chain that leverages the collection
and real-time utilization of a broad array of economic and
environmental data.
For more information about the presentation, click on the
following link:
https://issuu.com/horticulturaposcosecha/docs/maximo_torero_cullen_current_status_of_food_loss_a
About Quantiva™
Quantiva empowers businesses with groundbreaking AI-driven
solutions and strategic product development, facilitating
innovative growth and agility in regulated environments. Quantiva’s
team of business-focused technologists have provided consulting and
software engineering services for a long list of companies
including such names as Institutional Shareholder Services (ISS),
Siemens, UP Medical, Quantitative Radiology Solutions, and The
United Nation. Quantiva™ is a hands-on, full product lifecycle
technology consultancy & digital transformation solution
provider with expertise in delivering innovation strategies
tailored for multiple industries. Quantiva’s business category
focus includes Banking/Finance, Commerce, Healthcare, Media
Ownership & Royalty solutions, Supply Chain Management, and
Critical Infrastructure solutions. Quantiva™ partners with clients
to formulate business and product strategies all the way to final
implementation, to reimagine processes and platforms to maximize
efficiency, ensure legal compliance, and deliver maximum ROI. For
more information on Quantiva, please visit
https://www.quantiva.co/
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About Applied UV
Applied UV, Inc., provides proprietary surface and air pathogen
elimination and disinfection technology focused on Improving Indoor
Air Quality (IAQ), specialty LED lighting and luxury mirrors and
commercial furnishings all of which serves clients globally in both
the commercial and retail segments. For information on Applied UV,
Inc., and its subsidiaries, please visit
https://www.applieduvinc.com.
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about future events. When used in this press release, the words
“anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,”
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they relate to us or our management, identify forward‐looking
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operating results and liquidity and capital resources outlook.
Forward‐looking statements are based on the Company’s current
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relate to the future, they are subject to inherent uncertainties,
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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
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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
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provided as a convenience, and the information contained on such
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release.
For additional Company Information:
Applied UV Inc.Max MunnApplied UV Founder, CEO
& Directormax.munn@sterilumen.com
Investor Relations Contact:
TraDigital IR
Kevin McGrath +1-646-418-7002 kevin@tradigitalir.com
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