Utilized UV, Inc. (Nasdaq CM: AUVI) (“Utilized UV” or the “Firm”), a number one supplier of a greatest at school suite of proprietary, patented, scientific and clinically confirmed, floor and air disinfection applied sciences (fastened, cellular and HVAC), LED lighting merchandise and resort furnishings utilized by shoppers globally, broadcasts at the moment that in coordination with the Firm, Herrick Feinstein LLP has retained Oyster Consulting to help with the investigation of potential unlawful quick promoting of the Firm’s inventory.

As beforehand introduced, Utilized UV has motive to consider that market contributors could have engaged in unlawful quick promoting practices, which might adversely impression the market integrity of the Firm’s inventory.

“In coordination with Utilized UV, Herrick Feinstein has retained Oyster Consulting, whose business veterans convey a long time of expertise and deep experience in capital markets buying and selling and regulatory compliance,” mentioned Max Munn, CEO of Utilized UV, Inc. “The Oyster crew will embody a former FINRA Enforcement Director who managed advanced investigations and a former Managing Director of Capital Markets Buying and selling at a big nationwide broker-dealer.”

“We’re dedicated to defending our shareholders from abusive, bare quick promoting,” added Munn. “If our Firm’s inventory has been subjected to unlawful buying and selling exercise, we’re decided to unravel it. We’re wanting to convey this matter to a swift and decisive conclusion.”

Herrick Feinstein’s efforts are being led by Mr. Howard Elisofon, a nationally famend litigator. Mr. Elisofon is a former SEC Trial Lawyer and the present Co-Chair of Herrick’s Securities Regulation & Enforcement Follow.

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About Utilized UV Inc.

Utilized UV, Inc. (“AUVI”) offers proprietary floor and air disinfection know-how centered on Bettering Indoor Air High quality (IAQ), specialty LED lighting and luxurious mirrors and industrial furnishings all of which serves shoppers globally in each the industrial and retail segments.

Our merchandise tackle the wants within the healthcare, hospitality, meals preservation, hashish, schooling, vineyard vertical markets. The Firm has established strategic manufacturing partnerships and alliances together with Canon, Acuity, Johnson Controls, Siemens, Grainger, and a world community of 64 sellers and distributors in 52 nations, providing a whole suite of merchandise by means of its two wholly owned subsidiaries – SteriLumen, Inc. (“SteriLumen”) and Munn Works, LLC (“Munn Works”). SteriLumen owns manufacturers and markets a portfolio of clinically confirmed merchandise using superior UVC Carbon, Broad Spectrum UVC LED’s, Photograph-catalytic oxidation (PCO) pathogen elimination know-how, branded Airocide ®, Scientific Air™, Airoclean™ 420, Lumicide™, PUROHealth, PURONet, and LED Provide Firm. Sterilumen’s proprietary platform suite of patented, floor and air applied sciences provides, probably the most full pathogen disinfection platform together with cellular, fastened and HVAC programs and software program options interconnecting its complete portfolio suite into the IoT permitting prospects to implement, handle and monitor IAQ measures beneficial by the EPA throughout any enterprise. Sterilumen’s Lumicide™ platform applies the ability of ultraviolet mild (UVC) to destroy pathogens robotically, addressing the problem of healthcare-acquired infections (“HAI’s) in a number of patented designs for an infection management in healthcare. LED Provide Firm, a full-service, wholesale distributor of LED lighting and controls all through North America.

MunnWorks manufactures and sells customized luxurious and backlit mirrors, and convention room & dwelling areas furnishings.

Our world checklist of Fortune 100 finish customers together with Kaiser Permanente, NY Well being+Hospitals, MERCY Healthcare, Baptist Well being South Florida, New York Metropolis Transit, Samsung, JB Hunt, Boston Purple Sox’s Fenway Park, JetBlue Park, France’s Palace of Versailles, Complete Meals, Del Monte Meals, U.S. Division of Veterans Affairs, Marriott, Hilton, 4 Seasons and Hyatt, and extra. For info on Utilized UV, Inc., and its subsidiaries, please go to https://www.applieduvinc.com.

Ahead-Trying Statements

The data contained herein could comprise “ahead‐wanting statements.” Ahead‐wanting statements replicate the present view about future occasions. When used on this press launch, the phrases “anticipate,” “consider,” “estimate,” “anticipate,” “future,” “intend,” “plan,” or the unfavourable of those phrases and comparable expressions, as they relate to us or our administration, determine ahead‐wanting statements. Such statements embody, however will not be restricted to, statements contained on this press launch regarding the view of administration of Utilized UV regarding its enterprise technique, future working outcomes and liquidity and capital sources outlook. Ahead‐wanting statements are primarily based on the Firm’s present expectations and assumptions concerning its enterprise, the economic system and different future circumstances. As a result of ahead–wanting statements relate to the long run, they’re topic to inherent uncertainties, dangers and adjustments in circumstances which can be tough to foretell. The Firm’s precise outcomes could differ materially from these contemplated by the ahead‐wanting statements. They’re neither statements of historic reality nor ensures of assurance of future efficiency. We warning you due to this fact in opposition to counting on any of those ahead‐wanting statements. Elements or occasions that might trigger the Firm’s precise outcomes to vary could emerge on occasion, and it’s not potential for the Firm to foretell all of them. The Firm can not assure future outcomes, ranges of exercise, efficiency, or achievements. Besides as required by relevant legislation, together with the securities legal guidelines of the US, the Firm doesn’t intend to replace any of the ahead‐wanting statements to adapt these statements to precise outcomes.

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For extra Data:

Utilized UV Inc.

Max Munn

Utilized UV Inc., CEO

max@munnworks.com

Contact:

Brett Maas, Managing Principal

Hayden IR

brett@haydenir.com

(646) 536-7331

Supply: Utilized UV, Inc.