Molekule Signs Agreement to Provide Air Quality Monitoring Services to Veterans Affairs Facilities

• Molekule to provide Veterans Affairs (“VA”) center employees and veterans with real-time, Indoor Air Quality(“IAQ”) monitoring and control system across three VA service centers in Hot Springs, SD, Ft. Riley, KS, and Topeka, KS
• Molekule and the Veterans Integrated Services Network (“VISN 23”), having successfully completed a one-year deployment of IAQ solutions, have entered into second one-year agreement with an option for up to five years, demonstrating a long-term commitment to providing advanced IAQ solutions for VA service centers
• Significant opportunity for Molekule to potentially expand deployment across 1200+ facilities at all 18 VISNs in the Veterans Health Administration (“VHA”) network

PALM BEACH GARDENS, Fla., May 04, 2023 (GLOBE NEWSWIRE) -- Molekule Group, Inc. (“Molekule” or the “Company”) (Nasdaq: MKUL), an emerging leader in air purification technology solutions, today announced a new agreement with VISN 23 to monitor IAQ across three VA service centers in Hot Springs, SD, Ft. Riley, KS, and Topeka, KS. Molekule and VISN 23 have agreed to a one-year base period and four one-year option periods providing VISN 23 with an advanced risk mitigation platform to monitor and control IAQ across several facilities from one single location so that VA employees and veterans can breathe clean and healthy indoor air. The mobilized solution allows the VA administration to access real-time IAQ data and receive alerts when IAQ levels exceed predetermined thresholds. The system gives VISN 23 operators recommendations for maintaining optimal air quality and evidence of the current state of IAQ. Molekule implemented advanced IAQ monitoring technology and services in three VA service centers in Hot Springs, SD, Ft. Riley, KS, and Topeka, KS, and the solution has been running successfully for over a year.

The comprehensive IAQ monitoring system provides valuable insights into the IAQ of the facilities and tracks various parameters, including volatile organic compounds (“VOCs”), particulate matter 2.5 (“PM2.5”), CO2, temperature and humidity levels. The Company believes that the new agreement with VISN 23 will continue to demonstrate the versatility of Molekule’s technology while delivering the potential to expand deployment across all 18 VISNs in the VHA network, which includes over 1200 facilities.