AUVI - Applied UV rallies on distributor receiving sole source provider contract for Airocide

Applied UV (NASDAQ:AUVI) expanded its global distribution reach with its distributor M/S Novatek Pakistan being awarded as the sole source provider of Airocide air purification systems for government hospitals via a government tender for the KPK Province in Pakistan. The company's distribution partner has extensive experience in dealing with the Pakistani government and earlier won a similar government tender with the installation of 657 Airocide air purification systems installed across the country. The company sees a massive demand for Airocide in the coming year. Shares have garnered 46.9% gains in premarket session.

For further details see:

Applied UV rallies on distributor receiving sole source provider contract for Airocide