TOMI Environmental Solutions Achieves Compliance with Stringent Health, Safety, and Environmental Requirements

Rhea-AI Summary

TOMI Environmental Solutions (NASDAQ: TOMZ) has achieved compliance with Avetta, a third-party vendor management and compliance platform, demonstrating its commitment to health, safety, and environmental (HSE) excellence. This achievement complements TOMI's existing memberships with Highwire and ISNetworld.

The company specializes in disinfection and decontamination solutions through its Binary Ionization Technology® (BIT™) platform, which was developed under a defense grant with DARPA. The technology uses low percentage hydrogen peroxide and patented ionized Hydrogen Peroxide (iHP™) technology in SteraMist systems.

According to COO Elissa J. Shane, this compliance validation enhances TOMI's credibility with platinum life sciences customers and is expected to drive revenue growth. The company's solutions serve various sectors, including hospitals, biosafety labs, pharmaceutical facilities, commercial buildings, schools, and food processing facilities.

Positive

• New compliance certification enhances market credibility
• Expanded access to industry networks through platform memberships
• Potential for increased revenue through enhanced customer trust

Negative

• None.

Insights

Financial Analyst

TOMI Environmental Solutions' newly announced compliance with Avetta represents a strategic operational achievement that could strengthen the company's enterprise sales pipeline. This third-party validation, alongside existing certifications with Highwire and ISNetworld, positions TOMI to overcome a critical barrier many small vendors face when selling to large organizations.

These compliance platforms effectively function as gatekeepers for enterprise procurement. Many large corporations and institutions, particularly in highly regulated industries like pharmaceuticals and healthcare, require vendors to maintain certification on these platforms before they can even bid on contracts. For a microcap company like TOMI ($17.7 million market cap), gaining access to these procurement channels could significantly expand their addressable market.

TOMI's proprietary Binary Ionization Technology (BIT) and ionized Hydrogen Peroxide (iHP) systems target high-value environments where disinfection standards are stringent and regulatory compliance is non-negotiable. The triple certification strategy suggests management is executing a deliberate enterprise-focused growth plan rather than pursuing opportunistic sales.

From a competitive standpoint, these certifications help level the playing field against larger competitors who might otherwise dominate enterprise accounts. The timing is also notable, as organizations continue to maintain heightened infection control protocols established during the pandemic.

While this announcement contains no financial metrics or major contracts, it represents enhanced sales infrastructure that could accelerate TOMI's revenue pipeline. Investors should monitor whether this enhanced compliance status translates into material enterprise contract announcements in upcoming quarters.

FREDERICK, Md., Feb. 27, 2025 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc.® (“TOMI”) (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination solutions, announced today it has achieved compliance, recognition and validation by a third vendor management and compliance management platform, Avetta, reflecting the Company’s commitment to health, safety, and environmental (HSE) excellence for its customers.

The addition of the Avetta compliance platform complements TOMI’s existing memberships with Highwire, and ISNetworld. These affiliations underscore TOMI's dedication to maintaining the highest standards of safety and compliance within the health and environmental sectors. By meeting the rigorous criteria set forth by these industry-leading platforms, TOMI ensures that its customers can trust in its unwavering commitment to quality and safety.

Elissa J. Shane, COO of TOMI commented, "This accomplishment not only reinforces our dedication to superior health and safety practices but also enhances our credibility with our platinum life sciences customers. We are excited to leverage these platforms to increase our efficiency and drive revenue growth while ensuring the safety and well-being of the communities we serve."

Being a part of these health safety and environmental platforms opens new avenues for TOMI to engage with a broader network of industry leaders and stakeholders. The collaboration fosters a culture of continuous improvement, enabling TOMI to enhance its service and integration offerings and stay ahead of evolving industry standards.

TOMI™ Environmental Solutions, Inc.: Innovating for a safer world®

TOMI™ Environmental Solutions, Inc. (NASDAQ: TOMZ) is a global decontamination and infection prevention company, providing environmental solutions for disinfection through the manufacturing, sales and licensing of its premier Binary Ionization Technology® (BIT™) platform. Invented under a defense grant in association with the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense, BIT™ solution utilizes a low percentage hydrogen peroxide as its only active ingredient and uses patented ionized Hydrogen Peroxide (iHP™) technology in all SteraMist systems to create superior disinfection. TOMI products are designed to service a broad spectrum of use sites, including, but not limited to, hospitals and medical facilities, biosafety labs, pharmaceutical facilities, commercial and office buildings, schools, restaurants, meat and produce processing facilities, and police and fire departments.

For additional information, please visit http://www.steramist.com or contact us at info@tomimist.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements that are based on current expectations, estimates, forecasts and projections of future performance based on management’s judgment, beliefs, current trends, and anticipated product performance. These forward-looking statements include, without limitation, statements relating to TOMI’s ability to grow revenue and attract business opportunities. Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. These factors include, but are not limited to, our ability to maintain and manage growth and generate sales, our reliance on a single or a few products for a majority of revenues; the general business and economic conditions; and other risks as described in our SEC filings, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2023 filed by us with the SEC and other periodic reports we filed with the SEC. The information provided in this document is based upon the facts and circumstances known at this time. Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance, or achievements. You should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and we undertake no duty to update such information, except as required under applicable law.

INVESTOR RELATIONS CONTACT:
John Nesbett/Rosalyn Christian
IMS Investor Relations
tomi@imsinvestorrelations.com

FAQ

What compliance certification did TOMI Environmental Solutions (TOMZ) recently achieve?

TOMI achieved compliance certification from Avetta, a third-party vendor management and compliance platform, adding to its existing certifications from Highwire and ISNetworld.

How does TOMI's Binary Ionization Technology (BIT) work in their SteraMist systems?

BIT technology uses a low percentage hydrogen peroxide and patented ionized Hydrogen Peroxide (iHP™) technology for disinfection and decontamination.

What markets does TOMI Environmental Solutions (TOMZ) serve with its disinfection technology?

TOMI serves hospitals, medical facilities, biosafety labs, pharmaceutical facilities, commercial buildings, schools, restaurants, meat processing facilities, and emergency services.

How will the new Avetta compliance certification impact TOMZ's business operations?

The certification is expected to enhance credibility with platinum life sciences customers, increase operational efficiency, and drive revenue growth.