Bantec, through Bantec Sanitizing, Sells ThinkLiteAir Monitors to an Ivy League University
Bantec, Inc. (OTCPINK: BANT) announced a sale of its 'ThinkLiteAir' air monitors to an Ivy League University. These monitors detect airborne pathogens, including Covid-19, and measure air quality factors like humidity and CO2. The global air quality monitoring market is expected to exceed $6.5 billion by 2027. Furthermore, Bantec's subsidiary is expanding its franchise model, including mobile sanitation services. The company aims to support various sectors, including hospitals and universities, while exploring new business lines, such as solar services.
- Secured a sale of 'ThinkLiteAir' monitors to an Ivy League University.
- Operating in a rapidly growing air quality monitoring market projected to exceed $6.5 billion by 2027.
- Plans to expand Bantec Sanitizing franchise model, increasing business development opportunities.
- None.
LITTLE FALLS, N.J., March 9, 2021 /PRNewswire/ -- Bantec, Inc. (OTCPINK: BANT) ("Bantec" or the "Company"), Bantec, Inc., through its subsidiary Bantec Sanitizing, sells 'ThinkLiteAir' air monitors to an Ivy League University.
The global air quality monitoring system market reached almost
Michael Bannon, Bantec's Chairman and CEO, stated: "If you can't measure it, you can't manage it. The ThinkLiteAir unit monitors for pathogens ranging from 0.1 to 2.5 microns, specifically viruses, including Covid-19, influenza flu virus, and other germs that are widely airborne. It also monitors 'Total Volatile Organic Compounds' (VOCs) that create optimal environments in which pathogens thrive and reproduce. In addition, the monitors measure relative humidity, CO2 and temperature. The goals for our customer here are twofold: they look to monitor for Covid and conditions conducive for Covid proliferation and verify the quality of air pre and post LEED (Leadership in Energy and Environmental Design) construction projects."
About Bantec Sanitizing
Bantec Sanitizing, a division of Bantec, provides a variety of products and services to help facility managers, safety professionals, and maintenance personnel combat a multitude of airborne and surface hazards. On February 3rd, 2021 Bantec announced that it will offer Bantec Sanitizing (Exposure Response Mobile Service) as a Franchise. Future Bantec Sanitizing franchisees will offer Bantec Sanitizing supplies, robots, UV lights and deep cleaning services.
Bantec Sanitizing: www.bantec.store
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. We intend to grow different businesses line of businesses, possibly using the franchise model, that support the customers described above. For example, we are exploring the idea of creating a solar franchise that would ultimately provide solar products and services to our target customers.
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
(203) 220-2296
View original content to download multimedia:http://www.prnewswire.com/news-releases/bantec-through-bantec-sanitizing-sells-thinkliteair-monitors-to-an-ivy-league-university-301243806.html
SOURCE Bantec, Inc.
FAQ
What did Bantec, Inc. sell to the Ivy League University?
What is the market outlook for air quality monitoring systems?
What pathogens can the ThinkLiteAir unit monitor?
Is Bantec expanding its services?
