The American developer and manufacturer OPTEC International, Inc. (OTC: $OPTI), which is known for its electronic LED, UV and UV-C safety PPE products, is mentioned today in an interesting article about innovative approaches to surface disinfection. In another post, the company announced its annual shareholder call which is scheduled for Tuesday, December 29, 2020.
The US EPA relaxes the rules and opens new doors
The consequences of the COVID-19 virus are being discussed infinitely, with the result that the US EPA accelerated the review process of various declarations for manufacturers and disinfectants. The independent federal agency also relaxed the process for obtaining inert ingredients to avoid supply chain challenges. As a result, some of the active ingredients listed in the “Disinfectants for use against SARS-CoV-2” list were obtained without verifying the agency’s approval. And for OPTEC International that means a legion of opportunities and possibilities within its sector.
The global sterilization equipment and disinfectants market is expected to grow from $7,142.3 million (2019) to $9,846.9 million (2023) in four years with a compound annual growth rate of 8.4%. By 2020, the sterilization equipment market size is estimated at $8,049.3 million, according to The Business Research Company.
The COVID-19 virus has therefore had the necessary impact on the sector. In addition, a new disinfection technology has been announced, in which UV light plays an essential role. For example, ‘Violeds’ technology is applied to a sterilization solution for escalator handrails. A solution that the company EHC Global, Inc. supplies to well-known global OEMs. It could be interesting for OPTEC International to follow this development, given its leading expertise in LED, UV and UV-C products.
* Violeds is a clean technology that provides robust disinfection on the surface of handrails using UV (LED) light. It’s optimally matched to the speed, surface and distance of the handrail to disinfect 99.9% of harmful viruses and bacteria in the exposed areas.
Update on the annual shareholders’call
More concrete news for shareholders and investors of OPTEC International is the announcement of the annual shareholders call that wil be held via Zoom on Tuesday, December 29, 2020. The call aims to thoroughly discuss and understand the company’s overall status for 2020. An update is planned on the progress and growth of the company, with room for questions and clarification of future plans.
The company will post the dial-in details prior to the call via a press release and on the website.
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