par VirExit Technologies Inc. (NASDAQ:VXIT)
Virexit Technologies Secures Landmark Agreement for MaxClean 756 Air and Surface Purification System Test Pilot in Major U.S. School District, Enhancing Indoor Air and Mitigation of Bacteria, Viruses, Toxic Molds, Fungi, and VOC’s to Optimize Occupants'
After A Successful Outcome of MaxClean 756's Test-Pilot and Full Adoption by School District,
Contract Estimated to be up to a Potential $67 Million Dollars [1] Covering 225 Facilities
Comprising of More than 28 Million Square Feet of Total Space [2].
Potential Billions in Revenue for VirExit Technologies with Advocacy-Endorsed MaxClean 756 Air and Surface Purification System. With 50 Million Public School Students and 3 Million Teachers at Risk for Negative Health Effects Across 19,200 School Districts and 98,600 Schools [3], MaxClean 756 Emerges as Cost-Effective, Energy-Efficient Solution to the Crisis Highlighted by the White House Indoor Air Quality Initiative [5] and State Executive Orders [6].
RICHLAND, WA / ACCESSWIRE / July 18, 2024 / VirExit Technologies Inc. (OTC PINK:VXIT), a pioneer in health, safety, and security solutions, proudly announces its landmark agreement with a major US school district to conduct an onsite 3rd party lab tested MaxClean 756 Air and Surface Purification System test-pilot to objectively access MaxClean 756's effectiveness in optimizing indoor air quality and mitigation of harmful bacteria, viruses, toxic molds, fungi, and VOC's (volatile organic compounds) in a selected test area where a facility is experiencing sub-standard indoor air and surface quality and pathogenic mitigation issues.
Overview of The MaxClean 756 System
"The Worlds Most Powerful and Scalable Air Purification System"
The useful life of the district's school facilities and building assets require renovation of buildings on 25-year cycles. The current cycle between renovations is approximately 42 years. . In order to maintain a premier learning environment, major equipment and capital infrastructure replacements are needed 2-3 times between each renovation. In most cases, the district only replaces infrastructure once or, at times, not at all. (Figure 1).
Figure 1 - Capital Improvement Plan, Page 222. [7]
In addition, a recent survey by the National Center for Education Statistics highlights aging infrastructure of U.S. schools. The average age of main buildings is 49 years, with 38% built before 1970. In the Northeast, it is 62 years, two years after when most schools are abandoned. (Figure 2) [8] After 40 years, school buildings begin rapid deterioration resulting in occupants at risk for poor indoor air quality (IAQ), volatile organic compounds (VOCs), and toxic mold. [9] Over time, building materials degrade, systems age, and maintenance may become less effective, leading to various physical and mental health risks impacting students' overall well-being and academic performance. [10]
Figure 2 - Average Age of School Building in the US.
MaxClean 756 Mitigates Dangerous VOCs, Toxic Molds, and Harmful Pathogens from Building Degradation due to Age and Deferred Maintenance.
Risks in Old School Buildings
Old buildings are particularly susceptible to these issues due to:
Aging HVAC Systems: Inefficient air circulation and filtration leads to the accumulation of contaminants.
Degraded Building Materials: Older materials release VOCs as they break down.
Moisture Problems: Poor insulation and outdated plumbing lead to leaks and high humidity, promoting mold growth.
Inadequate Maintenance: Deferred maintenance exacerbates the deterioration of building components, increasing the risk of poor IAQ.
Volatile Organic Compounds (VOCs) Exposure Risk in Old School Buildings:
Formaldehyde: Commonly found in building materials like pressed wood products and insulation.
Benzene: Present in paints, adhesives, and cleaning products.
Toluene: Used in paints, paint thinners, and adhesives.
Xylene: Found in varnishes, paints, and adhesives.
Ethylene Glycol: Used in some paints and antifreeze products.
Toxic Molds Exposure Risk in Old School Buildings:
Stachybotrys chartarum (Black Mold): Produces mycotoxins that can cause severe respiratory issues and neurological problems.
Aspergillus: Can produce aflatoxins, which are carcinogenic and can cause lung infections.
Penicillium: Known to cause allergic reactions and respiratory problems.
Cladosporium: Can trigger asthma and allergic reactions.
Alternaria: Common allergen that can lead to respiratory issues.
Building dampness and mold in schools have been associated with increased respiratory health symptoms [11] such as coughing, wheezing and allergic rhinitis; greater prevalence of asthma; and respiratory-related absenteeism. A study of over 1,000 school children found that the concentration ofmold found in floor dust [12] was associated with headache, dizziness, and concentration problems. In the U.S., allergic rhinitis causes about two million [13] - and asthma about seven million [14] - missed school days per year among children and adolescents. In fact, asthma is the leading cause of school absenteeism [15] in the U.S. due to chronic illness.
Video - Indoor Air Quality in Schools
MaxClean 756 system enhances the quality of air exchanges, prolonging HVAC useful lifespan, and achieves energy savings, without the risk of mold spore formation or air quality degradation. The District's goal is to evaluate and adopt an Indoor Air Quality Technology that will combat the poor indoor air quality at many of its antiquated school buildings while also being integrated into new construction specs to maintain indoor air quality protocols and practices. These updated indoor quality protocols and practices are accessed by obtaining 3rd party lab empirical data results that can be communicated with stakeholders to validate an enhanced indoor air environment for optimization of well-being for teacher and staff productivity, student engagement, and academic performance.
With 36% [7] of the district's Indoor Air Quality (HVAC) infrastructure past its useful life (Table 3) and a projected 37% [7] increase in HVAC replacement backlog costs (totaling $213.2 million by FY 2029 - Table 5), VirExit's MaxClean 756 offers a cost-effective and energy-efficient solution that may even fall under Energy Savings Performance Contracting (ESPC). ESPC are a way to simultaneously improve energy efficiency, address maintenance backlogs and reduce future renovation costs.
Table 3
Source - Capital Improvement Plan, Page 219 [7]
For the school district's asset categories in Table 5 below, the current capital infrastructure replacement (Indoor Air Quality Infrastructure) HVAC backlog is at $128.3 million, and the projected 5-year capital asset End of Useful Life replacement requirements for (Indoor Air Quality Infrastructure) HVAC Assets is a total of $213.2 million. [7]
Table 5
Source - Capital Improvement Plan [7]
Amidst the growing indoor air quality crisis affecting schools nationwide, poor air quality has been shown to negatively impact both students and staff, leading to decreased productivity and academic performance. Studies indicate that prolonged exposure to indoor air pollutants can result in respiratory issues, allergies, and other health problems, underscoring the urgent need for effective solutions.
The MaxClean 756 pilot aims to create a healthier environment by mitigating air and surface pathogens, toxic mold, fungi, and volatile organic compounds (VOCs). The implementation of this technology in school settings promises to enhance indoor air quality, thereby fostering better health outcomes and improved educational experiences for students and staff alike.
"We are thrilled to partner with such a prominent school district in this pioneering effort," stated James C. Katzaroff, CEO of Virexit Technologies." The MaxClean 756 system is not only designed to improve air quality and mitigate harmful pathogens but also to deliver significant energy savings, making it a highly cost-effective solution for schools struggling with budget constraints. Virexit Technologies is confident the MaxClean 756 System will bring substantial long term value to many school districts around the country experiencing these same types of Indoor Air Quality issues.
MaxClean 756's implementation process includes on-site pre and post 3rd Party Level II Lab Verification of Indoor Air Quality / Pathogenic Mitigation assessment and resolution, documented in a detailed lab report.
MaxClean 756 has developed a robust testing protocol with a 3rd party lab specializing in indoor air quality and microorganisms. This creates confidence for school decision makers. We have no interest in solving problems that do not exists. On-site 3rd party pre/post-testing builds trust based on empirical data.
Most of the school systems that made indoor air quality improvements never performed any pre-testing to determine each building's exact problems, if existing, that require resolution, nor determined the species and levels detected. Each building needs pre-testing to identify the problem and post testing to validate the MaxClean 756 improvements are effective and comprehensive for each buildings use, type and age.
"You Can't Manage What You Can't Measure"
Maxclean 756's efficacy is backed by rigorous third-party lab testing. Rest assured, you're investing in a solution that has been proven effective in improving indoor air quality.
Benefits of MaxClean 756's 3rd Party Lab Verification
MaxClean 756 Use Case - 3rd Party Lab Results at a School in Minnesota
Air Sample Results
Pre -Treatment Bioload Levels - "Not Acceptable Range, Needs Corrective Action"
MaxClean 756, In -Treatment Bioload Levels - "Clean and Acceptable Range"
Surface (Swab) Sample Results
Pre -Treatment Bioload Levels - "Not Acceptable Range, Needs Corrective Action"
MaxClean 756, In -Treatment Bioload Levels - "Clean and Acceptable Range" - Resulting in 90.1% Reduction
Air Sample Petri Dish Microorganism Results
Pre -Treatment Bioload Levels - "Not Acceptable Range, Needs Corrective Action"
Air Sample Petri Dish Microorganism Results
MaxClean 756, In -Treatment Bioload Levels - "Clean and Acceptable Range"
MaxClean 756's Measurable Cost Saving Benefits Schools will Experience Based on Indoor Air Quality, Pathogenic Mitigation, and Energy Efficiency Improvements.
Reduced HVAC maintenance costs: By improving air quality and reducing contaminants, the MaxClean 756 system will decrease the strain on HVAC systems, leading to lower maintenance and repair expenses.
Extended HVAC equipment lifespan: With cleaner air circulating through the system, HVAC equipment will last longer, delaying the need for costly replacements.
Lower energy consumption: The MaxClean 756 system's efficient air purification will allow HVAC systems to operate more efficiently, reducing overall energy usage and costs.
Decreased absenteeism: Improved air quality will lead to fewer illness-related absences among students and staff, reducing costs associated with expensive per-diem substitute teachers and lost productivity. Teacher absences are worse now than during the pandemic. It's costing schools $4 billion a year and some students never get back on track. [8]
Reduced cleaning and maintenance expenses: With fewer airborne contaminants, there will be a reduced bioload of pathogens on surfaces, reducing risk of all disease transmission modes, and thus, lowering cleaning and maintenance costs.
Avoided renovation costs: By maintaining better air quality, the MaxClean 756 system will help delay or reduce the need for extensive renovations related to air quality issues.
Lower healthcare-related expenses: Improved air quality may lead to fewer respiratory issues and allergic reactions, reducing healthcare costs for the school district and its employees.
Increased energy rebates and incentives: Implementing advanced air quality systems like MaxClean 756 might qualify the school district for energy efficiency rebates or incentives from utility companies or government programs.
Reduced need for portable air purifiers: The MaxClean 756 system will eliminate or reduce the need for individual classroom air purifiers, saving on purchase, maintenance, and energy consumption costs for these units.
Potential insurance premium reductions: Improved air quality and reduced health risks might lead to lower insurance premiums for the school district over time.
MaxClean 756's cost savings metrics are measurable, and through a cost-benefit analysis, school districts can determine the actual financial impact of implementing such a system. Virexit Technologies is excited about MaxClean 756, the company's cutting-edge air and surface purification system and how it is transforming indoor air quality in school districts across the United States. This innovative technology offers a comprehensive solution to the pressing need for cleaner, healthier air in educational environments.
MaxClean 756's utilizes advanced Reactive Oxygen Species (ROS) technology that seamlessly integrates into any HVAC Configuration to provide unparalleled air and surface sanitization compared to any other Indoor Air Quality Technology.
How The MaxClean 756 RoS Technology Works
MaxClean 756 RoS commercial air & surface purifiers utilize high voltage and high frequency-controlled pulses, but very low amperage to create non-thermal plasma and generate ROS (Reactive Oxygen Species). ROS are the sanitation/cleaning agents that prevent and destroy Molds (including Powdery Mildew), Viruses, Pathogens and controls/eliminates Odor. Unit's utilizes Reactive Oxygen Species (RoS) to clean surfaces through a process called photocatalytic oxidation (PCO).
MaxClean 756 is Superior to Competitive Technologies
MaxClean 756 employs advanced filtration and purification technology to remove pollutants, allergens, and pathogens from in-room air and direct on-surface, ensuring a healthier environment for occupants.
By implementing MaxClean 756, school districts will create healthier, safer learning environments, potentially reducing absenteeism and improving overall well-being for students and staff. This groundbreaking technology represents a significant step forward in addressing indoor air quality concerns in educational settings across the country.
Benefits Include:
1. Continuous 24/7 Protection: MaxClean 756 offers round-the-clock air and surface purification, ensuring a consistently clean environment for students and staff. The technology safe for occupied spaces and is designed to work continuously, even when rooms are occupied, ensuring constant protection.
2. Powerful Pathogen Reduction: The system effectively destroys a wide range of harmful microorganisms, including mold, bacteria, and viruses, significantly reducing the risk of illness transmission. MaxClean 756 has demonstrated impressive results, achieving up to 99.99997% reduction in pathogens within 30 minutes.
3. Odor Control: MaxClean 756 eliminates unpleasant odors, creating a more pleasant learning environment.
4. Low Maintenance: With its easy installation and minimal upkeep requirements, MaxClean 756 is an ideal solution for schools to expand the useful life of an over utilized HVAC infrastructure with a deferred maintenance /replacement schedule.
5. Energy Efficient: The system operates with ultra-low power consumption, aligning with schools' sustainability goals.
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About Virexit Technologies Inc.
Founded in 2020, Virexit Technologies Inc. is dedicated to providing innovative health, safety, and security solutions. With a focus on enhancing indoor air quality and effective weapons detection, Virexit is committed to improving the well-being of communities worldwide.
For more information about Virexit Technologies Inc. and its innovative products and programs, please visit virexittechnologies.com.
Contact:
James C. Katzaroff
CEO, Virexit Technologies Inc.
Phone: 509-531-1671
Email: jim@katzaroff.com
Investor relations: ir@virexittechnologies.com
Website: virexittechnologies.com
[1] Rough Estimate based on $96K per 40,000 Cubic Square Feet
MaxClean 756 is Superior Technology Compared to Competitors
By implementing MaxClean 756, school districts can create healthier, safer learning environments, potentially reducing absenteeism and improving overall well-being for students and staff. This groundbreaking technology represents a significant step forward in addressing indoor air quality concerns in educational settings across the country. Benefits include:
Contact Us Today:
Call us at 1-888-USA-VXIT (872-8948), Ext 2
virexittechnologies.com
Serving the Following Industries:
Schools Districts, Gyms and Fitness Facilities,
Hospitality, Government and Commercial Office Buildings,
Healthcare Facilities, Churches and Places of Worship,
or Any Large Facilities with Many Occupants
SOURCE: VirExit Technologies Inc.
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