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Overview
TOMI Environmental Solutions Inc. (NASDAQ: TOMZ) is a globally recognized decontamination and infection prevention company that provides innovative environmental solutions focused on indoor surface disinfection. Utilizing its proprietary Binary Ionization Technology (BIT), the company manufactures, sells, and licenses its SteraMist platform of products, which harness a uniquely engineered, low concentration hydrogen peroxide solution. This state‐of‐the‐art technology, developed in collaboration with defense research agencies, has been instrumental in addressing chemical and biological threats, establishing TOMI as a trusted partner in environments where precision, safety, and efficiency are paramount.
Technology and Innovation
The cornerstone of TOMI’s offerings is its patented BIT technology. This innovative process activates and ionizes a 7.8% hydrogen peroxide solution to generate a fine mist or fog of ionized Hydrogen Peroxide (iHP). The resulting aerosol acts as a non‐corrosive, efficient decontaminant that eliminates microorganisms including bacteria, viruses, and fungi. Developed under a defense grant in partnership with agencies such as DARPA, this technology was engineered in response to critical contamination threats and remains unique in its ability to disinfect a range of sensitive materials, from delicate electronics to high-traffic facilities.
Products and Services
The SteraMist brand distinguishes TOMI’s comprehensive product portfolio, which includes systems designed for surface and environmental decontamination. Key products encompass:
- SteraMist Surface Unit – a solution for targeted area decontamination.
- SteraMist Environment System – designed for whole-room or facility-wide disinfection.
- SteraMist Total Disinfection Cart – enabling mobile deployment in diverse settings.
- Custom Engineered Systems (CES) – tailored to meet specific industrial and institutional decontamination requirements.
In addition to manufacturing and direct sales, the company leverages a licensing model for its proprietary technology, thereby establishing a recurring revenue stream and broadening its market reach. The integration of service and training programs ensures that customers consistently achieve optimal disinfection results while adhering to stringent safety protocols.
Industries Served
TOMI’s decontamination solutions are engineered for a broad spectrum of applications. Its products and systems are widely used in:
- Healthcare Facilities: Hospitals, medical centers, and biosafety laboratories that require rigorous infection control.
- Life Sciences and Research: Pharmaceutical labs and research institutions where contamination control is critical.
- Commercial and Institutional Buildings: Office complexes, schools, and universities that benefit from non-corrosive, high-efficiency disinfection.
- Transportation and Public Venues: Cruise ships, sports facilities, and public transportation centers needing rapid, effective sanitation.
- Government and Defense: Facilities that require robust decontamination solutions to address both routine and emergency threats.
Business Model and Value Proposition
TOMI Environmental Solutions operates on a multi-faceted business model that includes direct sales, licensing of its patented BIT technology, and customized service offerings. This diversified approach allows the company to generate recurring revenues while maintaining high margins through its innovative decontamination solutions. The razor/razor-blade model is evident in how the company leverages its foundational BIT technology to drive ongoing services and integration, setting a strong standard in the field of infection prevention.
Market Position and Competitive Landscape
In a competitive environment where effective decontamination is critical, TOMI differentiates itself through its advanced technological platform and a rich history in research-backed innovation. The company has carved out a unique niche by developing a non-corrosive, efficient cleaning solution that minimizes downtime and protects sensitive materials. This is particularly vital in sectors such as healthcare and life sciences, where operational continuity and precision decontamination are non-negotiable. TOMI’s adherence to rigorous safety standards and its capacity to create tailored solutions further reinforce its standing within the market.
Commitment to Quality, Safety, and Compliance
TOMI demonstrably maintains high levels of expertise and trustworthiness through ongoing training programs, comprehensive application protocols, and adherence to industry-specific regulatory standards. The company is associated with multiple professional organizations dedicated to biosafety and infection control, which underscores its commitment to quality and continuous improvement. This robust framework of operational excellence instills confidence in both the efficacy and safety of its decontamination solutions.
Operational Excellence and Global Reach
With a global footprint, TOMI Environmental Solutions has established partnerships with a diverse set of clients, ranging from academic institutions and commercial enterprises to government agencies and military installations. Its emphasis on scalable, customizable systems enables it to address varied decontamination needs across different geographic regions. The company’s proficiency in rapidly deploying technology in response to emergent threats underscores its operational flexibility and technical expertise, ensuring that indoor environments remain safe and contamination-free.
Integrated Research and Development
The continuous evolution of TOMI’s product line is supported by a strong R&D infrastructure dedicated to advancing decontamination technology. By integrating feedback from practical applications in high-stakes environments, the company refines its solutions to enhance performance, safety, and ease of use. This iterative process not only fosters innovation but also solidifies the company’s reputation as an expert in the field of environmental decontamination and infection control.
Overall, TOMI Environmental Solutions stands as a comprehensive provider of decontamination and infection prevention solutions. Its innovative BIT technology and versatile SteraMist platform address the growing need for swift, effective, and safe decontamination across multiple industries. This enduring commitment to technological excellence, operational reliability, and customer-focused innovation positions TOMI as a significant entity within its competitive landscape, catering to stakeholders who value precision, efficiency, and state-of-the-art safety protocols.
By offering reliable, scalable, and innovative decontamination systems, TOMI not only meets current market demands but also continually refines its solutions to address evolving challenges in the realm of infection prevention and environmental safety.
On May 12, 2021, TOMI Environmental Solutions (NASDAQ: TOMZ) announced that CEO Dr. Halden Shane will present at the 16th Annual Needham Virtual Technology & Media Conference on May 18 from 12:45 to 1:25 PM ET. During the event, he will engage in virtual one-on-one meetings with interested investors. The conference requires registration and is by invitation only. A public webcast of the presentation will be accessible at the provided link, with a replay available for 30 days.
TOMI Environmental Solutions, Inc. (NASDAQ: TOMZ) will report its Q1 2021 results on May 17, 2021, following the market close, and a conference call is scheduled for 4:30 p.m. ET. The company specializes in disinfection and decontamination through its Binary Ionization Technology (BIT) platform, marketed under the SteraMist brand. TOMI's products serve various sectors, including healthcare, hospitality, and food processing. A teleconference replay will be available until May 28, 2021. For more details, visit TOMI's investor relations website.
TOMI Environmental Solutions (NASDAQ:TOMZ) reported impressive financial results for 2020, achieving a 297% revenue increase to $25 million and a 95% growth in Q4 sales. CEO Dr. Halden Shane highlighted the pandemic's impact on disinfectant demand, expanding their customer base significantly. The company generated $4.4 million in net income, reversing a previous loss. Operating income stood at $4.5 million, compared to a loss of $2.1 million in 2019. TOMI plans to launch new products in 2021, including SteraBot and SteraPack, to further drive growth.
TOMI Environmental Solutions (NASDAQ:TOMZ) will report its fourth quarter and full year 2020 results on March 30, 2021, post-market. The company specializes in disinfection via its Binary Ionization Technology (BIT) and SteraMist products. A conference call is set for 4:30 p.m. ET on the same day. Interested participants can join by phone or access a live webcast via TOMI's Investor Relations page. A replay will be available until April 13, 2021. TOMI develops solutions for various sectors including healthcare, hospitality, and food processing.
TOMI Environmental Solutions (NASDAQ: TOMZ) has appointed three new vice presidents to enhance its sales organization: Gary Zamieroski for Commercial, Patrick Griffin for Hospital-HealthCare, and Kim Larkin for Food Safety. Each brings extensive industry experience, with Zamieroski having over 35 years in various sectors, Griffin over 25 years in healthcare, and Larkin over 20 years in food safety. CEO Halden Shane highlighted the growing $19 billion global disinfectant market, projecting it to grow at 6.7% CAGR, and emphasized the importance of these appointments in expanding TOMI's market share.
TOMI Environmental Solutions (NASDAQ: TOMZ) has launched a purchase incentive program for its SteraMist disinfection products following a recall of Victory Innovations and Protexus Electrostatic Sprayers due to fire hazards. The program offers customers a discount equal to their previous purchase of the recalled products when they present proof of purchase. CEO Dr. Halden Shane emphasized the safety and efficacy of SteraMist, highlighting its EPA registration and rapid application capabilities. This initiative aims to rebuild consumer trust in disinfection solutions amidst growing safety concerns.
TOMI Environmental Solutions announced that its SteraMist iHP technology effectively sterilizes N95 masks, retaining filtration up to ten cycles, as shown in a study by the Greater Boston Pandemic Fabrication Team.
This technology addresses PPE shortages during the COVID-19 pandemic, making it a potential solution for busy medical centers. The study suggests that up to 7,200 masks could be sterilized daily, and TOMI is hopeful for FDA's Emergency Use Authorization.
TOMI Environmental Solutions (NASDAQ: TOMZ) announced successful validation of its SteraMist Surface Unit in a study conducted with the University of Virginia. The research demonstrated that the SteraMist technology achieved a kill of the SARS CoV-2 virus in just five seconds in real-world settings. The study confirmed no viable virus remained after treatment, enhancing TOMI's reputation in the disinfection market. Dr. Halden Shane emphasized the technology's effectiveness and materials compatibility, reinforcing TOMI's commitment to public health safety amidst ongoing challenges.
TOMI Environmental Solutions, Inc. (NASDAQ: TOMZ) announced a purchase order from Vigilant Hose Company (VHC) in Emmitsburg, Maryland, for its SteraMist disinfection technology. VHC, known as the most visited Firehouse globally, aims to enhance cleaning protocols for its training facilities to mitigate COVID-19 and other pathogens. COO Elissa J. Shane emphasized the efficacy of SteraMist in high-traffic areas. Following COVID-19, stringent disinfection practices are expected to persist, highlighting the significance of TOMZ's technology for public health.
TOMI Environmental Solutions, Inc. (NASDAQ: TOMZ) has announced an expanded partnership with Rocky Mountain Construction (RMC) to provide high-level disinfection services to the Widefield School District as schools reopen after winter break. RMC previously used TOMI's SteraMist technology to disinfect approximately 1.5 million square feet across 21 facilities, significantly reducing infection rates, including SARS-COV-2. TOMI's COO highlighted the importance of their technology for ensuring safe environments for students and staff, reinforcing their commitment to public health in educational settings.