KRONOS ADVANCED TECHNOLOGIES ADDS INDUSTRY HEAVYWEIGHT, FORMER AMWAY COO TO ITS BOARD OF ADVISORS - Seite 2

Nachrichtenquelle: globenewswire
30.09.2020, 12:00  |  118   |   |   

          “I am familiar with Kronos technology having closely followed the Company for many years as a witness to the rapid progress the company has made in revolutionizing the air purification industry by eliminating the need for the half century old HERA filtration technology. That technology became obsolete when utilizing Kronos’ innovative cold plasma, filterless technology,” said Mr. Nicholson. “This is perfect time for Kronos and I am very excited to work with their incredible management adding my decades of air purification sales and marketing experience to the team.”

            As Covid-19 disrupts global supply chains, American manufacturers are seeking out ways to restructure national supply chains and search for new manufacturing practices.

Harvard Business review recently reported that Companies in the United States, Canada, Europe, and Australia have been hit with supply chain shocks as the flow of materials from China was disrupted by the pandemic. CEOs are confidentially asking their supply chain teams to develop additional sources that are completely independent of China. In addition, in the United States there is pressure from employees who are wary of traveling to China, from customers who are concerned (rationally or not) about the safety of foods and other items from that country, from investors who worry greatly about over-dependence on any one country, and increasingly from politicians as well as State Department leaders who want companies to rapidly decouple from China.

In this regard, Mr. Nicholson brings extensive experience in both executive leadership and the scaling of global operations to the KNOS Board of Advisors.

About Kronos Advanced Technologies, Inc.

Kronos Advanced Technologies, Inc. began operations in 2002 as a product development company that invented and significantly changed the way air is moved, filtered, and sterilized. Historically, Kronos has focused on developing, marketing, and selling the Company's proprietary air movement and purification technology. Serving the Indoor Air Quality (IAQ) market, Kronos technology uses state-of-the-art high voltage patented processes without the use of traditional porous HEPA filters. Kronos-based products move air silently, filter, sterilize and purify the air, while dramatically reducing energy consumption to half of a 60-watt light bulb. Kronos devices can be variable in shape or size, and, therefore, have the potential to be scaled-down for air purification in cars or scaled-up in size for industrial and hazardous gas destruction. The technology is currently being implemented in multiple standalone products for businesses, homes, and vehicles of all types -to move, sterilize and filter air, including removing allergens down to 14.6 nanometers, passing through our patented technology -replacing expensive outdated passive HEPA and other filtration type systems. There are broad ranges of additional markets for standalone and embedded Kronos CORE technology-based devices. Examples of immediately addressable markets include schools, universities, healthcare facilities, operating rooms, manufacturing clean rooms, and the cabins of automobiles and commercial aircraft.

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KRONOS ADVANCED TECHNOLOGIES ADDS INDUSTRY HEAVYWEIGHT, FORMER AMWAY COO TO ITS BOARD OF ADVISORS - Seite 2 Los Angeles, CA, Sept. 30, 2020 (GLOBE NEWSWIRE) - Los Angeles, CA, September 30, 2020 (GLOBE NEWSWIRE) - KRONOS ADVANCED TECHNOLOGIES, INC., (OTC MARKETS: KNOS) ("KNOS" or the "Company"), a revenue-generating, product development and production …

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