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Bantec Expands Covid-19 Disinfecting Product Offerings with Portable UVC Units, Light Fixtures and More Under New Electronics Distributor Agreement

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Bantec, Inc. (OTCPINK: BANT) has expanded its Covid-19 offerings by becoming a distributor for Larson Electronics. The move allows Bantec to provide a range of UV disinfecting products, including portable industrial UV sanitation lights and UVC handheld surface sanitizers. Chairman and CEO Michael Bannon emphasized the potential for future product expansion beyond Covid-19. Additionally, Bantec plans to acquire electrical and janitorial service companies to bolster its customer base and profitability.

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  • Expanded Covid-19 product offerings as a Larson Electronics distributor.
  • Introduction of a variety of UV disinfecting products.
  • Strategic intention to acquire service companies to increase customer base and revenues.
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  • None.

LITTLE FALLS, N.J., Oct. 1, 2020 /PRNewswire/ -- Bantec, Inc. (OTCPINK: BANT) ("Bantec" or the "Company"), Bantec, Inc., a product and services company, announces that it expanded its Covid-19 offerings by becoming a Larson Electronics distributor. 

Michael Bannon, Bantec's Chairman and CEO stated: "By entering this agreement, we plan to offer our customers a large variety of UV disinfecting products. Some of these products include portable industrial UV sanitation lights (kills 99% of viruses), UVC handheld surface sanitizer, UV disinfecting desk lights, rechargeable disinfectant door lights, door barrier germicidal UVC fixture, weatherproof UVC fluorescent light fixture, UV Excimer disinfectant fixtures and many more. With Larson Electronics' large catalog of products, we can look to expand beyond Covid-19 products in the future."

The Company also announces its intention to acquire electrical and janitorial service companies to increase its customer base, revenues and profits.

About Larson Electronics

Larson Electronics was founded in 1973 as an industrial lighting company. With over 40 years of experience in the industry, the business offers its products to customers in the following sectors: government, military, aviation, oil and gas, processing, manufacturing, marine and hunting.

About Bantec

Bantec, Inc, a product and services company, through its subsidiaries and divisions sells to facility managers, engineers, maintenance managers, purchasing managers and contract officers who work for hospitals, universities, manufacturers, commercial businesses, local and state governments and the US government. Our difference that matters consists of establishing lifelong customer and supplier friendships, responding immediately to our customers' needs, and providing products and services through a highly technically trained, motivated, and incentivized workforce.

Forward-Looking Statements

Certain statements in this press release may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses, or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as: "plans, "anticipates," "expects," "believes" or similar words. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. These factors are discussed in greater detail in our Form 10 filed with the U.S. Securities and Exchange Commission.

Contacts:  
Michael Bannon
Chairman & CEO
mike@bantecinc.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/bantec-expands-covid-19-disinfecting-product-offerings-with-portable-uvc-units-light-fixtures-and-more-under-new-electronics-distributor-agreement-301143561.html

SOURCE Bantek Inc.

FAQ

What new products is Bantec offering as a result of their agreement with Larson Electronics?

Bantec is now offering various UV disinfecting products, including portable industrial UV sanitation lights and UVC handheld surface sanitizers.

How will Bantec's acquisition plans impact their business?

Bantec intends to acquire electrical and janitorial service companies to enhance their customer base and increase revenues.

What is the significance of Bantec being a distributor for Larson Electronics?

Becoming a distributor for Larson Electronics allows Bantec to significantly expand its Covid-19 related product offerings and enter new markets.

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