Vancouver, BC, March 30, 2021 - InvestorsHub NewsWire - Beyond
Medical Technologies Inc. ("Beyond Medical" or the
"Company") (CSE: DOCT) (Frankfurt: 7FM4) is pleased to provide the
following corporate update regarding its wholly-owned subsidiary
Micron Technologies Inc. ("Micron
Technologies").
Products Now Available at
Walmart
Micron Technologies' three-ply medical grade
face masks and N95 medical grade face masks have been approved for
sale by Walmart. Micron Technologies has completed the onboarding
process and its products will be available at www.walmart.com by the beginning of April
2021.
Kal Malhi, CEO of Beyond Medical states: "We
are pleased to offer our products to loyal Walmart customers at
competitive prices. The availability of our product with one of the
largest retailers in the world will bring significant exposure to
our made-in-Canada medical face mask brand. Our recently
completed capital raise will allow us to ramp up manufacturing to
meet new demand from Walmart
customers."
In addition to Walmart, Micron Technologies'
products are also available on Amazon and Shopify. Institutional
customers and those who are interested in obtaining a quote for
large size orders are encouraged to contact Milan@micronti.com.
Three-Ply Medical Grade Face
Masks
Micron Technologies has been manufacturing
and selling three-ply medical grade face masks since August 2020.
The masks are available in the colour blue and black. The majority
of Micron Technologies' sales have been to provincial governments;
however, sales are also being completed online to various other
customers. Micron Technologies is considering acquiring additional
manufacturing equipment and hiring more personnel as it is
currently operating at full capacity and continues to sell out of
inventory.
N95 Face
Masks
In addition to the three-ply medical grade
face masks, Micron Technologies is also manufacturing N95 Model
8800 face masks. Micron Technologies' N95 Model 8800 face masks
have been approved by Health Canada and the US Food and Drug
Administration. Additionally, the N95 Model 8800 face masks have
passed testing with Kinetrics Analytical and Environmental
Laboratories. Accordingly, Micron Technologies is confident that
its N95 Model 8800 face masks will obtain medical-grade
certification from the National Institute for Occupational Safety
and Health in the coming weeks. There are currently a limited
number of NIOSH approved medical face mask manufacturers and the
demand for these masks in outpacing
supply.
On February 2,2012, Washington Post reported
on N95 masks: "The initial shortage has
eased, but there still aren't enough medical masks
for health-care workers, let alone others. Demand for N95s is 500
to 1,000 percent higher than it was a year
ago, said Megan Ranney, co-founder of Get Us PPE,
which helps front-line workers obtain personal protective
equipment."
Last month President Biden's chief medical
advisor for Covid-19, Dr. Anthony Fauci, indicated
that Americans may still be wearing masks in 2023, as mask-wearing
has been critical in slowing down the spread Covid-19. N95
masks are the gold standard of personal protective equipment,
particularly among healthcare professionals as they provide the
highest level of protection for the user and those in close
proximity. Beyond Medical hopes to have its N95 Model 8800 face
masks certified as soon as possible in an effort to reduce the
spread of
Covid-19.
About Beyond
Medical
Beyond Medical is an industrial/technology
company with a manufacturing facility located in Delta, BC. The
Company is developing its Organivore and Pharmavore waste digesters
using its proprietary technology. The Company, through its
subsidiary Micron Technologies, is also manufacturing medical grade
face
masks.
The Company is not making any
express or implied claims that its products have the ability to
eliminate, cure or contain COVID-19 (or SARS-2 Coronavirus) at this
time.
Neither the Canadian Securities
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the Canadian Securities Exchange)
accepts responsibility for the adequacy or accuracy of this news
release. The Canadian Securities Exchange has neither approved nor
disapproved the contents of this news
release.
FORWARD LOOKING
STATEMENTS:
This news release includes certain
statements that may be deemed "forward-looking statements". All
statements in this news release, other than statements of
historical facts, that address events or developments that the
Company expects to occur, are forward-looking statements.
Forward-looking statements are statements that are not historical
facts and are generally, but not always, identified by the words
"expects", "plans", "anticipates", "believes", "intends",
"estimates", "projects", "potential" and similar expressions, or
that events or conditions "will", "would", "may", "could" or
"should" occur. Although the Company believes the expectations
expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of
future performance and actual results may differ materially from
those in the forward-looking statements. Factors that could cause
the actual results to differ materially from those in
forward-looking statements include market prices, continued
availability of capital and financing, and general economic, market
or business conditions. Investors are cautioned that any such
statements are not guarantees of future performance and actual
results or developments may differ materially from those projected
in the forward-looking statements. Forward-looking statements are
based on the beliefs, estimates and opinions of the Company's
management on the date the statements are made. Except as required
by applicable securities laws, the Company undertakes no obligation
to update these forward-looking statements in the event that
management's beliefs, estimates or opinions, or other factors,
should
change.
SOURCE Beyond Medical Technologies
Inc.