AUVI - Applied UV gains on securing $1.5M purchase order to provide premium furnishings

• Applied UV ( NASDAQ: AUVI ) wholly-owned subsidiary, MunnWorks, receives a purchase order for ~$1.5M for domestic production of furniture and mirrors for installation at a luxury resort located in Orlando, Florida.
• The company expects incremental sales over the near term of up to ~$8M from projects currently being expedited through the model room phase.

• “This order further validates our strategic decision to acquire domestic production to mitigate risks related to supply chain and import tariffs. Our domestic production capabilities were a key differentiator in securing this win. We are increasingly encouraged by the additional opportunities we are pursuing with a number of hotel operators for installations across the United States. We have a number of active projects in our recently acquired 100,000 square foot facility in the 'model room' phase with well-known, luxury hotel franchises that amount to approximately $8 million in incremental sales from new clients in the coming months, in addition to ordinary recurring sales.” said Max Munn, President and Director of Applied UV and MunnWorks.

• Shares are trading 2.78% up premarket

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