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Applied UV's Subsidiary Has Purchased the Continuing Business and a Multi-Year Exclusive Global Licensing Agreement With Element Designs

Applied UV's Subsidiary Has Purchased the Continuing Business and a Multi-Year Exclusive Global Licensing Agreement With Element Designs

Applied UV的子公司已與Element Designs購買了持續業務和多年期全球獨家許可協議
GlobeNewswire ·  02/29 07:00
  • Element Designs is a well-established designer and fabricator of large scale and public metal systems such as custom water cascades and fountains, outdoor monumental furnishings, and public green-walls.
  • MunnWorks expects to integrate Element Designs manufacturing into its hospitality case goods and furnishings business utilizing MunnWorks' domestic 100,000 sq. ft. facility [including its metal fabrication technology] and grow revenues by leveraging its sales, marketing and global distribution network without a meaningful increase in overhead or administrative cost.
  • MunnWorks has acquired the continuing future sales "the business" and the related rights, exclusively, by agreeing to pay 10% of net realized revenues arising from this purchase. There is no equity payment or debt assumed in this purchase agreement.
  • The Licensor has represented to MunnWorks that the annual revenues since 2017 has ranged between $3 million and $5 million annually. Given the increase in resources now available to Element Designs from MunnWorks [ such as MunnWorks current national sales organization and its extensive customer base] MunnWorks believes that Element Designs post transaction revenues could significantly increase.
  • By incorporating and consolidating the new sales and manufacturing within MunnWorks existing overhead and facility, the positive contributing margins will be immediately accretive.
  • Element Designs是一家知名的大型和公共金屬系統的設計師和製造商,例如定製的瀑布和噴泉、戶外紀念性傢俱和公共綠牆。
  • MunnWorks預計將利用MunnWorks的國內100,000平方英尺的工廠(包括其金屬加工技術)將Element Designs的製造整合到其酒店案例用品和傢俱業務中,並在不顯著增加管理費用或管理成本的情況下利用其銷售、營銷和全球分銷網絡來增加收入。
  • 通過同意支付本次收購產生的淨已實現收入的10%,MunnWorks僅收購了未來持續銷售 “業務” 及相關權利。本收購協議中沒有股權支付或負債。
  • 許可方已向MunnWorks表示,自2017年以來,年收入在300萬至500萬美元之間。鑑於MunnWorks現在向Element Designs提供的資源有所增加(例如MunnWorks目前的全國銷售組織及其廣泛的客戶群),MunnWorks認爲Element Designs的交易後收入可能會顯著增加。
  • 通過將新的銷售和製造整合到MunnWorks現有的管理費用和設施中,正利潤率將立即增加。

NEW YORK, NY, Feb. 29, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire –Applied UV, Inc. ("Applied UV" or the "Company") (Nasdaq: AUVI), a leader in smart building technology solutions, today announced that its subsidiary, MunnWorks, has entered into a multi-year exclusive global licensing agreement with the purchase of the continuing business of Element Designs Collaborative ("Element Designs"), an established designer and fabricator of custom outdoor systems for commercial and public space property owners. The three-year agreement, which may be extended, is exclusive for the design, production and distribution of Element Design water Feature and fountains, landscape systems, monumental outdoor furnishings, and green-walls. The founding team of Element Designs will join MunnWorks.

紐約州紐約,2024年2月29日(GLOBE NEWSWIRE)——智能建築技術解決方案的領導者應用紫外線有限公司(“應用紫外線” 或 “公司”)(納斯達克股票代碼:AUVI)今天宣佈,其子公司MunnWorks已簽訂一項爲期多年的全球獨家許可協議,收購知名設計師和元素設計協作公司(“Element Designs”)的持續業務爲商業和公共空間財產所有者定製戶外系統的製造商。這份爲期三年的協議可能會延長,僅限於Element Design水景和噴泉、景觀系統、紀念性戶外傢俱和綠牆的設計、製作和分銷。Element Designs 的創始團隊將加入 MunnWorks。

Founded over 10 years ago, Element Designs services commercial and public clients and has been involved with many notable projects, such as the World Trade Center Memorial, Lincoln Center, and JFK Airport, as well as projects throughout the U.S. and internationally. Applied UV's subsidiaries, MunnWorks and SteriLumen, intend to incorporate their respective Smart Buildings technology, such as decorative lighting and compressed air into Element Design's systems in order to minimize energy usage and maximize the visual effects to further enhance the experience of the public and thereby enhance the value of the property maximizing the ROI for ownership.

Element Designs成立於10年前,爲商業和公共客戶提供服務,並參與了許多著名的項目,例如世界貿易中心紀念館、林肯中心和肯尼迪國際機場,以及美國各地和國際上的項目。Applied UV的子公司MunnWorks和SteriluMen打算將各自的智能建築技術(例如裝飾照明和壓縮空氣)整合到Element Design的系統中,以最大限度地減少能源使用並最大化視覺效果,從而進一步增強公衆體驗,從而提高房產的價值,最大限度地提高所有權的投資回報率。

The key product areas MunnWorks and Design Elements plan to collaborate on include the following:

MunnWorks和設計元素計劃合作的關鍵產品領域包括以下內容:

• Water Features (streamlined water and lighting designs, wall and plaza fountains, introduce large scale fountains for interior use, such as was recently installed at Dubai International Airport)
• Monumental Landscape Furnishings (pergolas, privacy screens, and very large outdoor metal
furnishings)
• Preserved Green-walls (Preserved natural foliage set within a moss wall system)
• Outdoor interactive systems for public spaces

•水景(流線型的水和照明設計,牆壁和廣場噴泉,引入大型噴泉供室內使用,例如最近在迪拜國際機場安裝的噴泉)
• 紀念性景觀傢俱(涼棚、隱私屏風和超大型戶外金屬)
傢俱)
• 保留的綠色牆壁(保留在苔蘚牆系統中的天然樹葉)
• 公共空間的戶外互動系統

"We are thrilled to announce this partnership with Element Designs. For more than 10 years, Element Designs has provided creative, elegant design enhancements for commercial and public properties across the globe. Together we look forward to bringing the same beautiful custom furnishings and exquisite details, while incorporating many of our innovative Smart Building technologies, to elevate outdoor space throughout the U.S. and globally," said Max Munn, CEO of Applied UV Inc.

“我們很高興宣佈與Element Designs建立合作伙伴關係。十多年來,Element Designs爲全球的商業和公共物業提供了創意、優雅的設計改進。Applied UV Inc.首席執行官馬克斯·蒙恩說,我們期待共同帶來同樣精美的定製傢俱和精美的細節,同時整合我們的許多創新的智能建築技術,以提升整個美國和全球的戶外空間。

Munn added, "As industry leaders in high-end case goods and furnishings, and a reputation for delivering high-quality products, MunnWorks is strategically positioned to support and grow this business by leveraging our significant manufacturing facility in the U.S., along with our extensive sales, marketing and distribution reach in numerous verticals. We feel there is tremendous runway for growth and we're confident this will be a successful venture."

Munn補充說:“作爲高端箱包用品和傢俱的行業領導者,以及提供高質量產品的聲譽,MunnWorks的戰略定位是利用我們在美國的重要製造工廠以及我們在多個垂直領域的廣泛銷售、營銷和分銷範圍,來支持和發展這項業務。我們認爲有巨大的增長空間,我們相信這將是一次成功的冒險。”

Privately held, Element Design, expects its revenues to grow dramatically in the next three years. For more information about Element Design, please visit

私人控股的Element Design預計,其收入將在未來三年內急劇增長。有關元素設計的更多信息,請訪問

About Applied UV

關於應用紫外線

Applied UV Inc. is dedicated to developing and acquiring smart building technologies for healthcare, hospitality, commercial and municipal markets. With SteriLumen, MunnWorks, LED Supply Co., and PURO, the company has a diverse portfolio that addresses various needs in the market. Applied UV Inc. is committed to innovation and excellence in providing solutions for a healthier and smarter world. More details about Applied UV, Inc., and its subsidiaries can be found at

Applied UV Inc. 致力於爲醫療保健、酒店、商業和市政市場開發和收購智能建築技術。憑藉SteriluMen、MunnWorks、LED Supply Co. 和PURO,該公司擁有多元化的產品組合,可以滿足市場的各種需求。Applied UV Inc. 致力於創新和卓越,爲更健康、更智能的世界提供解決方案。有關Applied UV, Inc. 及其子公司的更多詳細信息,請訪問

Forward-Looking Statements

前瞻性陳述

The information contained herein may contain "forward-looking statements." Forward-looking statements reflect the current view about future events. When used in this press release, the words "anticipate," "believe," "estimate," "expect," "future," "intend," "plan," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements include, but are not limited to, statements contained in this press release relating to its business strategy. Forward-looking statements are based on the Company's current expectations and assumptions regarding its business, the economy and other future conditions. Because forward–looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. The Company's actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future 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 to time, and it is not possible for the Company to predict all of them. These forward-looking statements and factors that may cause such differences include, without limitation, the risks disclosed in the Company's Annual Report on Form 10-K filed with the SECon March 31, 2023, and in the Company's subsequent filings with the SEC. 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 statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

此處包含的信息可能包含 “前瞻性陳述”。前瞻性陳述反映了當前對未來事件的看法。在本新聞稿中使用時,“預測”、“相信”、“估計”、“預期”、“未來”、“打算”、“計劃” 等詞語或這些術語中的否定詞以及與我們或我們的管理層相關的類似表述均表示前瞻性陳述。此類聲明包括但不限於本新聞稿中與其業務戰略有關的聲明。前瞻性陳述基於公司當前對其業務、經濟和其他未來狀況的預期和假設。由於前瞻性陳述與未來有關,因此它們會受到固有的不確定性、風險和難以預測的情況變化的影響。公司的實際業績可能與前瞻性陳述所設想的業績存在重大差異。它們既不是歷史事實的陳述,也不是保證未來業績的保證。因此,我們提醒您不要依賴任何前瞻性陳述。可能導致公司實際業績不同的因素或事件可能會不時出現,公司無法預測所有這些因素或事件。這些可能導致此類差異的前瞻性陳述和因素包括但不限於公司於2023年3月31日向美國證券交易委員會提交的10-K表年度報告以及公司隨後向美國證券交易委員會提交的文件中披露的風險。公司無法保證未來的業績、活動水平、績效或成就。除非適用法律(包括美國證券法)要求,否則公司無意更新任何前瞻性陳述。爲方便起見,我們提供了網站引用和鏈接,此類網站上包含的信息未以引用方式納入本新聞稿。

For Additional Company Information:
Applied UV, Inc.
Max Munn
Applied UV Founder, CEO & Director
Max.munn@applieduvinc.com

有關其他公司信息:
Applied UV, Inc.
Max Munn
應用紫外線創始人、首席執行官兼董事
Max.munn@applieduvinc.com

Investor Relations Contact:
TraDigital IR
Kevin McGrath
+1-646-418-7002
kevin@tradigitalir.com

投資者關係聯繫人:
traDigital
凱文麥格拉思
+1-646-418-7002
kevin@tradigitalir.com


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