Innovative MedTech Secures Distribution Licensing Agreement for Patent-Pending Air Purification Devices
Proprietary system capable of destroying bacteria, VOC’s and other pathogens that put consumers at risk
BLUE ISLAND, Ill. - 
(NewMediaWire) - January 08, 2024 - Innovative MedTech, Inc. (the “Company”) (OTC: IMTH), a provider of health and wellness services, is excited to announce the execution of a distribution licensing agreement (the “Agreement”) for a number of patent pending air purification devices. This Agreement marks a significant milestone for the Company and positions us to become a leader and a key player in the rapidly growing market for clean air technologies, which was valued at $14.68 billion in 2022 & is projected to grow from $15.69 billion in 2023 to $25.69 billion by 2030 (according to Grand View Research).
The distribution licensing agreement, entered into with Radical Clean Solutions (“RCS”), an air purification company, grants the Company exclusive rights to RCS’s patent pending air purification hydroxyl generating devices. The technology disperses hydroxyl radicals throughout the environment in which it operates, thereby sanitizing 99.99% of surfaces, materials, equipment and the very air itself. It does so through a natural, chemical-free process that is 100% harmless to people, pets and plants. The hydroxyl technology actively seeks out and destroys both airborne and surface-based mold, bacteria, virus, odorous and volatile organic compounds (VOCs), as well as other pathogens and pollutants in real-time. Atmospheric hydroxyls are created in the Earth’s atmosphere, were discovered in the late 1960s, and are considered key oxidants that decompose air pollutants. (Nature)
The Agreement gives the Company the right to distribute the RCS products in the following markets within the USA and Canada: (a) military, FEMA, and medical facilities (emergency room, urgent care, hospital, and outpatient clinic facilities), (b) adult day and nursing homes, (c) municipal pet shelters, zoos, equestrian and other veterinary facilities, (d) transportation hubs (via TSA Policy ordinances), and (e) educational facilities, and provided that the Company meets minimum sales requirements with respect to those RCS products, the Company’s distribution rights shall be exclusive in those markets.
Michael Friedman, President of Innovative MedTech, expressed enthusiasm about the Agreement, stating, "We are thrilled to join forces with RCS, a company that shares our commitment to innovation and excellence. This collaboration aligns perfectly with our mission to bring advanced health, wellness and medical solutions to a global audience. The distribution licensing agreement not only validates the significance of their technology but also paves the way for widespread adoption, furthering our impact on creating healthier environments.”
He continued, “Americans, on average, spend 90% of their time indoors, where the concentrations of some pollutants are often 2 to 5 times higher than typical outdoor concentrations (EPA), and since Covid, it has come to many people’s attention that we have to focus on the air quality in our indoor environments. We believe that RCS has created a superior technology that improves indoor air quality, and that this is a tremendous opportunity for us to bring their energy efficient and eco-friendly devices to the markets within our license scope."
Roger M. Slotkin, CEO and founder of Radical Clean Solutions, commented, "We are excited to partner with Innovative MedTech. This strategic move aligns with our commitment to providing cutting-edge solutions that enhance the well-being of individuals and the environment, and being selective in finding the right partners that we believe can bring our technology to the market."
About Innovative MedTech, Inc.
Innovative MedTech, Inc. is a provider of health and wellness services, whose wholly owned subsidiary SarahCare, an adult day care center franchisor with two corporate owned centers and twenty-six franchise locations across the United States. SarahCare offers seniors daytime care and activities ranging from exercise and medical needs daily to nursing care and salon services. For more information, please visit: https://innovativemedtechinc.com, and https://sarahcare.com.
About Radical Clean Solutions, Ltd.
Radical Clean Solutions has developed an advanced product line consisting of “smart hydroxyl generation systems” focused on numerous industry verticals that is proven to eliminate 99.99+% of all pathogens, virus, mold, volatile organic compounds (VOCs) and allergy triggers. Applications for the system range from home, office, medical and senior care facilities to restaurants, transportation and more. Radical’s goal is to create a safe and healthy world, especially in light of the recent COVID pandemic. The RCS systems technology creates an “Immune System for your environment.”™
Safe Harbor Statement
Statements in this press release that are not historical are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are only predictions and are not guarantees of future performance and are based on certain assumptions and reflect management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations and are subject to change at any time. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify, develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. These and other important factors may cause the Company’s actual results, performance, or achievements to differ materially from any future results, performance, achievements or plans expressed or implied by these forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact: Media Relations:
Michael Friedman
708-925-9424
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