UATG news out UAT Group Eyes Military Contracts fo
Post# of 98042
TAMPA, Fla. , Oct. 24, 2017 (GLOBE NEWSWIRE) -- Umbra Applied Technologies Group (OTC:UATG)
UAT Group announced today that its defense sector subsidiary Umbra Applied Technologies (UAT) is currently reviewing several government solicitations through System for Award Management (SAM) and the Defense Logistics Agency (DLA).
Chief Executive Officer, Alex Umbra stated, We are currently pursuing several contracts with the federal government and are proud to be in a position to contribute to this countrys efforts here at home and abroad. We feel very strongly that we have technology that will greatly enhance operational objectives, mission capabilities and support the warfighter on the ground.
While it is widely speculated that UAT is working with private sector companies to enhance their existing product lines by including UATs Hygieia ASP antimicrobial technology in their manufacturing and production processes, it should be apparent that UAT has much larger plans. UAT is currently in the process of launching its biotech division and with that comes a full product line not the least of which is the Hygieia line of antimicrobial products. With the capability to apply this new technology to textiles, paints and touch surfaces, the applications seem endless and seemingly so do the products.
When asked about the future, Mr. Umbra replied, The scalability of Hygieia is something we continue to explore. I am of the opinion that there is no place in our lives, our homes, on earth and beyond; that cannot benefit from Hygieia and I intend to prove it. I have already contacted manufacturers of major appliances, phones and home hardware to introduce them to the value add that Hygieia will bring to their products. Think about it, everything you touch or come in contact with every day is an opportunity for a pathogen to find a host but for us, it is an opportunity to prevent infection and potentially save lives. What if every daycare and school in this country stocked only toys and learning aids manufactured with Hygieia? What if every painted surface was covered with Hygieia treated paint? How would that slow the rise of so-called superbugs that have become resistant to antibiotics if we no longer needed to prescribe antibiotics en masse? How would this improve our health and quality of life?
Indeed, UAT might be correct in assuming that their technology is needed as more and more government contracts are now calling for antimicrobial silver to be used in their products. In fact, all branches of the United States Military currently have contracts out requesting that specifically silver be used in making certain products antimicrobial and while many manufacturers scramble to catch up, UAT is already delivering what they need. Military and VA hospitals are currently setting standards and specifications on using antimicrobial Silver in their facilities, something Mr. Umbra is very familiar with, Targeting hospitals as the perfect application for Hygieia was a no brainer and we are currently packaging prototype products to be used across all hospital operations and infection management. We will be releasing, for field testing, a pre-op surgical cleanser, with sustained antimicrobial effect, by the end of the year and hope to begin selling it early next year. We will continue to work with medical administrators to further develop products that currently dont exist to address needs that have been ignored for far too long.
With the recent announcement of the Next Casting Technologies partnership indicating that expansion through strategic partnerships is fundamental to UATs business model, we can expect to see more announcements on companies joining the growing list of UAT partners.
About Umbra Applied Technologies, Inc.
Umbra Applied Technologies is a member of the Umbra Applied Technologies Group (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 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. (702) 902-2361 (702) 982-1339
NEITHER THE SECURITIES EXCHANGE COMMISION NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
Forward-Looking Information
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.
Source: Umbra Applied Technologies Group, Inc.