Welcome to our dedicated page for Tomi Environmental Solutions I news (Ticker: TOMZ), a resource for investors and traders seeking the latest updates and insights on Tomi Environmental Solutions I stock.
TOMI Environmental Solutions, Inc. (NASDAQ: TOMZ) is a global decontamination and infection prevention company whose news flow centers on deployments, partnerships, regulatory developments, and capital markets activity related to its SteraMist systems and Binary Ionization Technology (BIT) platform. The company’s announcements highlight how its ionized Hydrogen Peroxide (iHP) technology is integrated into high-stakes environments where contamination control and infection prevention are essential.
Recent news releases describe multi-stage SteraMist iHP implementations at cell and gene therapy manufacturing sites, integration of SteraMist Integrated Systems into critical pharmaceutical manufacturing infrastructure, and installation of a SteraMist Hybrid System in a research university facility for reusable medical product sterilization. TOMI also reports on its role in life sciences and medical device sectors through a custom integration pipeline involving SteraMist Integrated System (SIS) and Custom Engineered System (CES) platforms, supported by partnerships with enclosure manufacturers.
Investors and industry observers following TOMZ news will find updates on TOMI’s outreach to cruise lines for advanced maritime decontamination, participation in sector events such as the American Association for Laboratory Animal Science National Meeting, and expansion into animal research and academic markets. The company’s releases also cover financial milestones, including quarterly results, pipeline updates, universal shelf registration filings, equity line of credit arrangements, and Nasdaq listing compliance notices.
This news page aggregates these disclosures, offering a centralized view of TOMI’s commercial projects, strategic relationships, regulatory and financing steps, and sector-focused initiatives involving its SteraMist and BIT-based disinfection technology.
TOMI Environmental Solutions (NASDAQ:TOMZ) announced its Q1 2021 financial results, reporting total net revenue of $2.1 million, down 70% from $7.1 million in Q1 2020. Equipment-based revenues decreased by 74% to $1.7 million, while BIT Solution-based revenues fell 60% to $0.4 million. The company faced challenges due to delayed capital expenditures and a remote work environment. Despite these challenges, TOMI is optimistic about future growth, highlighted by the anticipated launch of its SteraPak product and the expansion of its sales force.
TOMI Environmental Solutions (NASDAQ:TOMZ) announced advancements in its partnership with AV8R Solutions, focusing on the aviation industry. Since December 2020, AV8R has purchased five SteraMist Environment Systems to provide disinfection services to commercial airports and private aviation facilities. Projected growth includes further expansion into the restoration and remediation sectors through a partnership with RestorePro. This cross-sector collaboration is expected to significantly increase the consumption of TOMI’s Binary Ionization Technology (BIT) solution, requiring additional environmental systems by year's end.
On May 12, 2021, TOMI Environmental Solutions (NASDAQ: TOMZ) announced that CEO Dr. Halden Shane will present at the 16th Annual Needham Virtual Technology & Media Conference on May 18 from 12:45 to 1:25 PM ET. During the event, he will engage in virtual one-on-one meetings with interested investors. The conference requires registration and is by invitation only. A public webcast of the presentation will be accessible at the provided link, with a replay available for 30 days.
TOMI Environmental Solutions, Inc. (NASDAQ: TOMZ) will report its Q1 2021 results on May 17, 2021, following the market close, and a conference call is scheduled for 4:30 p.m. ET. The company specializes in disinfection and decontamination through its Binary Ionization Technology (BIT) platform, marketed under the SteraMist brand. TOMI's products serve various sectors, including healthcare, hospitality, and food processing. A teleconference replay will be available until May 28, 2021. For more details, visit TOMI's investor relations website.
TOMI Environmental Solutions (NASDAQ:TOMZ) reported impressive financial results for 2020, achieving a 297% revenue increase to $25 million and a 95% growth in Q4 sales. CEO Dr. Halden Shane highlighted the pandemic's impact on disinfectant demand, expanding their customer base significantly. The company generated $4.4 million in net income, reversing a previous loss. Operating income stood at $4.5 million, compared to a loss of $2.1 million in 2019. TOMI plans to launch new products in 2021, including SteraBot and SteraPack, to further drive growth.
TOMI Environmental Solutions (NASDAQ:TOMZ) will report its fourth quarter and full year 2020 results on March 30, 2021, post-market. The company specializes in disinfection via its Binary Ionization Technology (BIT) and SteraMist products. A conference call is set for 4:30 p.m. ET on the same day. Interested participants can join by phone or access a live webcast via TOMI's Investor Relations page. A replay will be available until April 13, 2021. TOMI develops solutions for various sectors including healthcare, hospitality, and food processing.
TOMI Environmental Solutions (NASDAQ: TOMZ) has appointed three new vice presidents to enhance its sales organization: Gary Zamieroski for Commercial, Patrick Griffin for Hospital-HealthCare, and Kim Larkin for Food Safety. Each brings extensive industry experience, with Zamieroski having over 35 years in various sectors, Griffin over 25 years in healthcare, and Larkin over 20 years in food safety. CEO Halden Shane highlighted the growing $19 billion global disinfectant market, projecting it to grow at 6.7% CAGR, and emphasized the importance of these appointments in expanding TOMI's market share.
TOMI Environmental Solutions (NASDAQ: TOMZ) has launched a purchase incentive program for its SteraMist disinfection products following a recall of Victory Innovations and Protexus Electrostatic Sprayers due to fire hazards. The program offers customers a discount equal to their previous purchase of the recalled products when they present proof of purchase. CEO Dr. Halden Shane emphasized the safety and efficacy of SteraMist, highlighting its EPA registration and rapid application capabilities. This initiative aims to rebuild consumer trust in disinfection solutions amidst growing safety concerns.
TOMI Environmental Solutions announced that its SteraMist iHP technology effectively sterilizes N95 masks, retaining filtration up to ten cycles, as shown in a study by the Greater Boston Pandemic Fabrication Team.
This technology addresses PPE shortages during the COVID-19 pandemic, making it a potential solution for busy medical centers. The study suggests that up to 7,200 masks could be sterilized daily, and TOMI is hopeful for FDA's Emergency Use Authorization.
TOMI Environmental Solutions (NASDAQ: TOMZ) announced successful validation of its SteraMist Surface Unit in a study conducted with the University of Virginia. The research demonstrated that the SteraMist technology achieved a kill of the SARS CoV-2 virus in just five seconds in real-world settings. The study confirmed no viable virus remained after treatment, enhancing TOMI's reputation in the disinfection market. Dr. Halden Shane emphasized the technology's effectiveness and materials compatibility, reinforcing TOMI's commitment to public health safety amidst ongoing challenges.
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