Applied UV Announces Strategic Financial Collaboration With Canon Financial Services

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Mar 29, 2023

Applied+UV%2C+Inc. (NasdaqCM: AUVI) (“Applied UV” or the “Company”), a leading provider of best in class suite of proprietary, patented, scientific and clinically proven, surface and air disinfection technologies (fixed, mobile and HVAC), LED lighting products and hotel furnishings used by clients globally, today announces that it has expanded its strategic relationship to now include Canon+Financial+Services%2C+Inc. (CFS), a wholly owned subsidiary of Canon+U.S.A.%2C+Inc., to provide leasing services for Applied UV’s four operating subsidiaries, MunnWorks, which manufactures and sells to the Hospitality market, LED Supply, which provides design, distribution and implementation services for lighting, controls and smart building technology and SteriLumen and PURO Lighting, each of which markets a suite of surface and air disinfection products to global markets. This arrangement will expand the relationship between Applied UV and the Canon group company, Canon Virginia, Inc., which is currently contracted for the manufacturing of both product segments.