Chicago, IL, Nov. 16, 2020 (GLOBE NEWSWIRE) -- FOMO CORP. (US OTC: ETFM) announces that its wholly owned subsidiary, Purge Virus, LLC (https://purgevirus.com) has joined the Leadership Council of the Sustainable Tech Alliance (https://sustainabletechalliance.com). The engagement reinforces Purge Virus’ leadership role in COVID-19 disinfection though webinars, training, and advanced indoor air quality devices. Purge Virus is well positioned to support the private sector and President-elect Biden’s Plan to upgrade four million buildings (https://joebiden.com/clean-energy). The majority of the Purge Virus disinfection devices are “Made in USA” to “Buy American Act” (BAA) Compliance, meaning that they are in line with President Trump’s initiative to promote American manufacturing. The next two months, before the January 20, 2021 inauguration, are critical for indoor air disinfection, given that people spend more time indoors over winter months than in other seasons. Beyond COVID-19, Purge Virus technologies inactivate influenza and other pathogens, which can further help save lives and reduce the stress on hospitals and healthcare professionals across the U.S. this winter.
Purge Virus devices provide energy savings in addition to disinfection when correctly installed at heating, ventilation, and air conditioning (HVAC) air handling units (AHUs). Associated energy savings translate directly to operating cost reduction, which is key for business survival. A recent Sustainable Tech Alliance (STA) webinar on 11/12/2020 showcased Purge Virus as a critical solutions provider to save energy and eradicate COVID-19. To see the 48-page Webinar PDF, the recording, and the supporting data visit here: https://sustainabletechalliance.com/resources/
Purge Virus has a substantial sales pipeline of over 70 leads, including non-residential property owners and managers such as Related Properties Corporation, an affiliate of Related Companies based in New York City, that already deployed PV technology at a 180,000 square foot property in Connecticut; a company that used PV’s air cleaning solutions to protect guests at high-net worth customer’s private event; and small- and medium-size businesses including dental offices and restaurants that have deployed PV’s air cleaning solutions to protect their clients under the Purge Virus “Clean Air!” national branding campaign.
Purge Virus Clean-Air Rental Program (CARP): Today, Purge Virus is formally launching a rental program designed to make it fast and easy for people to use advanced disinfection technology to help reduce the risk of potential super-spreader events. Rentals are less expensive than purchasing the technology, and the ease of plugging them into standard wall outlets is more convenient than wiring and integrating with HVAC ducts. Sample portable devices can be found at https://purgevirus.com/portable-devices. PV has strategic relationships with multiple financing companies that have over $300 million available to facilitate this opportunity and drive revenues.
“Our Purge Virus team hopes that all Americans can agree that cleaning indoor air, saving money, and creating new jobs are bi-partisan wins for our country. Many people face the challenges of unemployment or under employment. We are pleased to offer education, training, and technology solutions to help activate the opportunities for a safer and more energy independent country,” said Charles Szoradi, CEO of Purge Virus, LLC.
Said Vik Grover, CEO of FOMO CORP.: “We believe Purge Virus can become a one-stop shop for clean building solutions that helps solve the COVID-19 pandemic and mitigate future viruses. I anticipate market acceptance of their solutions and applaud Charlie’s team’s efforts to solve this pressing issue for the world.”
About FOMO CORP.
FOMO CORP. is a publicly traded company focused on business incubation and acceleration. The Company invests in and advises emerging companies aligned with a growth mandate. FOMO is developing direct investment and affiliations - majority- and minority-owned as well as in joint venture formats - that afford emerging companies access to the public markets for expansion capital as well as spin-out options to become their own stand-alone public companies.
Forward Looking Statements:
Statements in this press release about our future expectations, including without limitation, the likelihood that FOMO CORP. will be able to meet minimum sales expectations, be successful and profitable in the market, bring significant value to FOMO CORP.’s stockholders, and leverage capital markets to execute its growth strategy, constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and our actual results could differ materially from expected results. The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law. FOMO’s business strategy described in this press release is subject to innumerable risks, most significantly, whether the Company is successful in securing adequate financing. No information in this press release should be construed in any form shape or manner as an indication of the Company’s future revenues, financial condition, or stock price.
CONTACT:
Vik Grover
CEO
FOMO CORP.
fomocorp2020@gmail.com
(630) 286-9560