Signed deal

TOMI Environmental Solutions, Inc., a global company specializing in disinfection and decontamination solutions, today announced that Enviro-Mist Inc. a division of EMAQ Group purchased twenty (20) SteraMist Environment Systems, generating approximately $1.2 Million in revenue which will be recognized in the second quarter of 2024.

Enviro-Mist Inc. a division of EMAQ Group, has joined the iHP Corporate Service team as an exclusive partner for the pharmaceutical market in the Western United States, a territory we do not currently have a large footprint for disinfection services. Enviro-Mist Inc. is coming onboard with a multi-year contract in place for a single location of one of our long-standing and valued customers. We currently estimate this arrangement to generate approximately $60,000 of revenue in BIT Solution sales a year.

This strategic partnership aims to enhance the market penetration of SteraMist iHP decontamination solutions within the pharmaceutical industry and is expected to grant SteraMist iHP technology the significant traction it deserves, delivering decontamination solutions that meet the stringent demands of the pharmaceutical sector. With growing interest in our cutting-edge technology within the evolving decontamination services landscape, we are strategically positioned for large-scale service sales, ongoing revenue growth, and increased presence and visibility in the industry.

"Enviro-Mist Inc. has demonstrated confidence in our technology by expanding its fleet of SteraMist machines through this substantial acquisition," said Elissa J. Shane, TOMI’s chief operating officer. "This partnership emphasizes our shared commitment to advancing and delivering exceptional value to our customers and we anticipate a long and successful collaboration. With this partnership, SteraMist iHP technology is poised to gain substantial traction in the pharmaceutical sector, providing decontamination that meets the stringent demands of this sector while generating recurring BIT solution revenue as part of our razor/razorblade model."

Dave Salas, EMAQ’s president, added, "It has been a pleasure working with TOMI SteraMist over the many years, and we are excited about the opportunities this strategic arrangement will bring. We are confident in the growth potential for both our disinfecting division and TOMI as we continue to grow our client base for iHP decontamination servicing."