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TAMPA, Fla., Aug. 30, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Umbra Applied Technologies Group, Inc (UATG:PK) “UAT Group” announced today that its subsidiary UAT, will be including its antimicrobial technology, Hygieia™ into all of its existing and future products when and where possible. The first product to receive the Hygieia™ upgrade is scheduled to be the Company’s ClearView® Wrist Fixation system slated for launch the beginning of next year.
Chief Executive Officer, Alex Umbra stated, “This highlights our commitment to the Hygieia brand and our belief that Hygieia is a value-add to any company looking to enhance their existing line of products. This of course includes us and everything we manufacture”.
Umbra Applied Technologies’ (UAT) has a healthy line-up of products scheduled to launch over the next 18 months most of which would seem to benefit from the inclusion of the Hygieia™ additive. When asked to be more specific as it pertains to which products will be receiving the antimicrobial technology, Mr. Umbra replied, “We of course, will continue to use Hygieia within our textile manufacturing to include our socks, men’s boxers, the pillow and bedding but also products like Insight, ClearView as well as in other areas such as aerospace and security. We are currently evaluating products under development to see where the inclusion of Hygieia would be appropriate and/or beneficial”.
The Company also confirmed that it has been very aggressive in its efforts to educate fellow manufacturers in reference to the benefits of Hygieia™ and how it can enhance their seemingly already great products. UAT has expanded its manufacturing and distribution relationships which it now is offering to other manufacturers as a way to streamline their manufacturing processes when they include Hygieia™ in their product lines. This will help reduce costly manufacturing and shipping delays by manufacturing a product all under one roof.
The Company reiterated its plan to expand its Biotech division while also suggesting that the GreenTech division would be launching next year alongside its Aerospace and Security divisions. UAT currently estimates it will need to hire an additional 25 employees over the next 16 months beginning next month with 3 new employees being added to the Company’s already highly experienced sales and marketing team currently undergoing product training.
Chief Financial Officer, Thomas L. Crom commented, “Mr. Umbra has a very clear vision for where the company is headed and we have already begun the process to ensure that the Company has the financial capabilities to execute on the vision. UAT has been positioned for sizeable growth and it is now time to execute on that potential. As a shareholder I am very encouraged with how far we have come”.
About Umbra Applied Technologies, Inc.
Umbra Applied Technologies is a member of the Umbra Applied Technologies Group, Inc (OTC:UATG) family of companies. Headquartered in Tampa, Florida UAT Group is a technology and innovation leader specializing in defense, civil government and technology solutions. UAT Group is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services for defense, civil, and commercial applications in The United States and internationally. It also provides management, engineering, technical, scientific, logistic, and information services
For more information visit www.uatgroup.com or www.umbraappliedtechnologies.com
Investor and Media Contact: Everest Corporate Advisors, Inc.
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This news release may include "forward-looking statements" including forecasts, estimates, expectations, and objectives for future operations including but not limited to its ability to conclude a business combination with a third party, sale of assets, return of capital or initial public offering and a secondary listing on the OTC as a result of aforementioned and its ability to fund the exploration of its assets through the raising of equity or debt capital or through funding by a joint venture partner that are subject to a number of assumptions, risks, and uncertainties, many of which are beyond the control of Umbra Applied Technologies including but not limited to capital markets and securities risks and continued development success on technology. There can be and are no actual or implied guarantees that any of the above activities will be completed or completed on terms acceptable to the Company and its shareholders or approved by any regulatory authority having jurisdiction. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Risks and uncertainties about Umbra Applied Technologies business are more fully discussed in the company's disclosure materials, including its MD&A, filed with the securities regulatory authorities in Canada and available at www.sedar.com and readers are urged to read these materials. Umbra Applied Technologies does not assume the obligation to update any forward-looking statement, except as required by applicable law.