Applied UV in strategic financial collaboration with Canon Financial Services

Applied UV announces that it has expanded its strategic relationship to now include Canon Financial Services, . , a wholly owned subsidiary of Canon U.S.A to provide leasing services for Applied UV’s four operating subsidiaries, MunnWorks, which manufactures and sells to the Hospitality market, LED Supply, which provides design, distribution and implementation services for lighting, controls and smart building technology and SteriLumen and PURO Lighting, each of which markets a suite of surface and air disinfection products to global markets. This arrangement will expand the relationship between Applied UV and the Canon group company, Canon Virginia, Inc., which is currently contracted for the manufacturing of both product segments. The arrangement with Canon Financial Services will represent an additional important step in Applied UV’s growth. With best-in-class services for end-user financing solutions and the strength of the Canon brand, business users will be able to incorporate Applied UV’s air purification product suite into their everyday practices with financial flexibility. In addition, with the recently announced acquisitions of Puro Lighting and LED Supply Co, the Canon Financial Services strategic collaboration could further bolster the adoption of the Puronet Disinfection as a Service Solution, which incorporates the company’s software and hardware systems.