Los Angeles, CA, Nov. 23, 2020 (GLOBE NEWSWIRE) — KRONOS ADVANCED TECHNOLOGIES, INC., (OTC MARKETS: KNOS) (“KNOS” or the “Firm”), a revenue-generating, product growth and manufacturing firm that has considerably modified the way in which air is moved, filtered and sterilized reported monetary outcomes on November 20, 2020, for the Firm’s first quarter ended September 30, 2020.
YTD Monetary Highlights:
Calendar 2020 YTD Income elevated to $187,183.00
Fiscal Q1 2020 Reported Income of $134,837.00
First Quarter, September 30, 2020, Outcomes Elevated greater than 400% Over June 30, 2020, Yr-Finish Revenues.
Kronos filed for provisional US patent safety for a brand new antibacterial face masks with cellphone radiation safety options.
Kronos launched an impartial gross sales rep program throughout the USA.
Kronos turned a certified provider for Walmart.com.
Kronos elevated inventories and introduced new merchandise.
Kronos Superior Applied sciences, Inc reported monetary outcomes for the three and 9 months ended September 30, 2020. Over the previous two quarters, the Firm has expanded its on-line gross sales and advertising and marketing efforts and signed agreements with main trade companions to introduce new product traces that can enable the Firm continued income development in 2021. Through the pandemic, the Firm had elevated effectivity, tailored and established new insurance policies that the Firm anticipates to be extra worthwhile and scalable, organising for a promising 2021, anticipating an unlimited enchancment over pre-pandemic financial system ranges.
“The challenges of this pandemic of 2020 have been very troublesome. Our Company management and advisors have continued to deal with growing sustainable methods to enhance our present market positioning. As well as, we launched a brand new strategic provide chain initiative that we consider will improve shareholder worth. We anticipate a constructive improve in gross sales this upcoming vacation season. We glance to change into a number one good air air purifier producer and distributor nationwide as soon as our infomercials starring Kevin Harrington start to air,” stated Michael Rubinov, Kronos President.
About Kronos Superior Applied sciences, Inc.
Kronos Superior Applied sciences, Inc. started operations in 2002 as a product growth firm that invented and considerably modified the way in which air is moved, filtered, and sterilized. Traditionally, Kronos has targeted on growing, advertising and marketing, and promoting the Firm’s proprietary air motion and purification expertise. Serving the Indoor Air High quality (IAQ) market, Kronos expertise makes use of state-of-the-art excessive voltage patented processes with out the usage of conventional porous HEPA filters. Kronos-based merchandise transfer air silently, filter, sterilize, and purify the air whereas dramatically lowering vitality consumption to half of a 60-watt gentle bulb. Kronos gadgets might be variable in form or measurement and, subsequently, have the potential to be scaled-down for air purification in automobiles or scaled-up in measurement for industrial and dangerous fuel destruction. The expertise is at present being carried out in a number of standalone merchandise for companies, houses, and automobiles of all kinds -to transfer, sterilize and filter air, together with eradicating allergens all the way down to 14.6 nanometers, passing by means of our patented expertise -replacing costly outdated passive HEPA and different filtration kind programs. There are broad ranges of extra markets for standalone and embedded Kronos CORE technology-based gadgets. Examples of instantly addressable markets embrace colleges, universities, healthcare services, working rooms, manufacturing clear rooms, and the cabins of cars and industrial plane.
Lately, the Firm filed for a provisional patent involving an revolutionary protecting face masks with antimicrobial and anti-cellphone radiation safety options. The Firm is planning to file extra patents to enhance its present expertise in addition to enter into new market segments however will proceed to market air purifiers and different shopper merchandise. The Firm is an unique distributor and licensee of the newest technology of air purifiers based mostly on the Firm’s CORE applied sciences. The Firm markets its merchandise as Airdog® and KRONOS® manufacturers. All Kronos merchandise include Kronos Promise ™ -Your Satisfaction is Assured!
Firm places of work are situated in Los Angeles, California.
Procuring portal: https://www.1800safeair.com
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Sure statements contained on this press launch might represent “forward-looking statements.” Ahead-looking statements present present expectations of future occasions based mostly on sure assumptions and embrace any assertion that doesn’t straight relate to any historic or present reality. Precise outcomes might differ materially from these indicated by such forward-looking statements on account of numerous necessary elements as disclosed in our filings with the OTC Markets at OTCMarkets.com. Along with these elements, precise future efficiency, outcomes, and outcomes might differ materially due to extra basic elements together with (with out limitation) basic trade and market situations and development charges, financial situations, governmental and public coverage modifications, the Firm’s means to lift capital on acceptable phrases, if in any respect, the Firm’s profitable growth of its merchandise and the combination into its present merchandise and the industrial acceptance of the Firm’s merchandise.
The forward-looking statements included on this press launch characterize the Firm’s views as of the date of this press launch, and these views may change. Nevertheless, whereas the Firm might elect to replace these forward-looking statements sooner or later sooner or later, the Firm particularly disclaims any obligation to take action.
These forward-looking statements shouldn’t be relied upon as representing the Firm’s views as of any date subsequent to the date of the press launch.
SOURCE: KRONOS ADVANCED TECHNOLOGIES, Inc
Cellphone inquiries: 1-800-SAFE-AIR (choice #4)