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NEWS OUT
Parkersburg, WV , March 14, 2023 (GLOBE NEWSWIRE) -- Parkersburg, WV , March 14, 2023 /GlobeNewswire/ -- KronosMD, INC., a subsidiary of Kronos Advanced Technologies Inc (OTC MARKETS: KNOS) ("KNOS" “$KNOS” or the "Company"), a leading product development and manufacturing company, announced today that it has successfully acquired all existing and future assets and intellectual property related to its upcoming innovative 3D ultrasound dental imaging and diagnostic devices. The acquisition is expected to enhance the commercialization of the S-WAVE™ platform and S-WAVE™ ultrasound imaging device as it nears completion.
IndustryARC™ - the Provider of Market Research Reports had indicated that Ultrasound Devices Market size is estimated to reach $9.1 billion by 2027, growing at a CAGR of 3.95% during the forecast period 2022-2027. Ultrasonic devices are utilized to discover objects and assess distances. Ultrasound imaging or sonography is frequently utilized in medicine.
KronosMD is set to revolutionize the dental industry with the most disruptive and innovative 3D ultrasound-powered intraoral imaging system globally. The S-WAVE SCAN™ is designed to be the only radiation-free 3D imaging modality for soft and hard tissue anatomy that radiographs fail to detect, delivering a new category of imaging capability to clinicians for diagnosis and treatment planning.
"3D Medical and Dental Ultrasound imaging is a rapidly evolving technology that provides clinically valuable diagnostic information without exposing patients to harmful radiation. With our patented application-specific S-WAVE SCAN™ technology that can be optimized for targeting intraoral tissues and anatomy, the S-WAVE SCAN™ will deliver innovative 3D diagnostic imaging, including live real-time procedures and surgery monitoring, providing dentists for the first time, a variety of imaging previously unavailable in any other format and without harmful radiation," commented Dr. Greg Rubin , CEO of KronosMD Inc.
Dr. Rubin further stated, "Major healthcare technology innovations often take place at the interfaces of disciplines. This is especially true where medicine meets dentistry because we can experiment, apply, innovate, and invent new applications, new technologies for medicine and dentistry which creates significant potential for improving total healthcare."
With the implementation of S-WAVE™ technology, dental clinicians will be able to capture images more frequently, without the risk of exposing patients to the harmful radiation, and gain more accurate diagnostic information. Additionally, they can leverage real-time imaging during clinical procedures to improve the overall clinical outcomes. During surgical procedures, such as dental implant surgery, dentists will be able to visualize key anatomical structures to avoid and reduce complications, improving the overall experience and expediting the post-surgical recovery of the patient.
KronosMD plans to develop cloud-connected models using artificial intelligence (AI) to rapidly identify, highlight and measure intraoral structures in clinical settings to help dentists accelerate diagnoses and treatment. The FDA recognizes the potential benefits of AI in medical imaging, including ultrasound, such as improving diagnostic accuracy, reducing healthcare costs, and increasing efficiency. However, the agency also recognizes the importance of ensuring the safety and effectiveness of AI algorithms before they are used in clinical settings.
To this end, the FDA has issued guidance for the development and regulation of AI algorithms in medical imaging, which includes an ultrasound. The guidance recommends that developers of AI algorithms for medical imaging engage with the FDA early in the development process to ensure that the algorithm meets regulatory requirements for safety and effectiveness.
With this acquisition, KronosMD is poised to bring a new level of innovation and technology to the dental industry, providing clinicians with advanced and efficient imaging systems that will enable them to deliver the highest quality of care to their patients.
About KronosMD Inc.
As a transformative digital health company, KronosMD is revolutionizing the dental care industry by introducing SWAVE ™ ultrasound imaging technology in all dental care specialties, for any patient situation. The company’s innovations include the world's first point-of-care dental ultrasound system using an advanced, KronosMD-acquired technology that is disrupting the dental imaging methodology by introducing ultrasound as an advanced clinical diagnostic and assessment tool, by making it portable, and economically appealing to the dental industry.
SWAVE™ sensor is the only 3D ultrasound transducer that can perform both extraoral and intraoral imaging in a single handheld probe using SWAVE™ technology. Our advanced technology will reduce the manufacturing cost, and our software platform will make the sensors easy to everyday use and will be fully integrated with the leading dental management and clinical workflow software and accessible on smartphones, or tablets.
Utilizing AI (Artificial Intelligence) and our proprietary and patented solutions, protected by an IP portfolio we will enable dentists to obtain more informed treatment decisions in real-time without the need to take multiple X-Rays. In addition, SWAVE® provides an advanced ultrasound platform with
S-WAVE SCAN™ software will be integrated into most dental practice management systems on the market.
We will manufacture and market the SWAVE™ system, which will include 3D Ultrasound sensors and accessories and software subscriptions (SaaS), to dental healthcare providers utilizing direct sales, and national distributors, via strategic partnerships and online sales.
About Kronos Advanced Technologies, Inc.
Kronos is a technology company that specializes in air purification and sterilization. Founded in 2002 with funding from the U.S. military, the company began as a product development company that invented a new way to move, filter, and sterilize air using electrostatic air movers.
Today, Kronos owns an 85,000 sq ft electronics manufacturing facility in West Virginia where it sells FDA-cleared air purification units that it originally developed and patented.
Kronos uses state-of-the-art high-voltage patented processes in its technology, which eliminates the need for traditional porous HEPA filters. This results in air purification devices that move air silently, filter, sterilize, and purify the air while consuming less energy than a 60-watt light bulb. The company's devices can be scaled to various shapes and sizes, making them ideal for use in businesses, homes, and vehicles. They are capable of removing allergens down to 14.6 nanometers, making them superior to expensive outdated passive HEPA and other filtration systems.
Kronos has conducted extensive research on the effectiveness of its patented technology on air disinfection, including the destruction of various types of microorganisms, such as Corona Viruses, in different environmental settings. The company's air purifiers have been shown to have high capturing and destruction efficiency for different types of microorganisms, bacteria, and viruses, making them ideal for use in hospitals, schools, universities, healthcare facilities, manufacturing clean rooms, and the cabins of automobiles and commercial aircraft.
Kronos has also made headlines for being the first publicly traded company to accept DOGE coin as a form of payment for its products, as well as other cryptocurrencies. The company has filed for a provisional patent for an innovative protective face mask with antimicrobial and anti-cellphone radiation protection features and plans to file additional patents to improve its existing technology and enter new market segments.
Kronos markets its products under the Airdog® and KRONOS® brands and promises customer satisfaction with its Kronos Promise ™. The company's offices are located in Parkersburg, West Virginia .
Shopping portal: https://www.1800safeair.com
Follow KNOS on Twitter: https://twitter.com/kronosati
Follow KNOS on Facebook: https://www.facebook.com/kronosati
Follow KNOS on Instagram: https://www.instagram.com/kronos_ati/
Follow KNOS on Youtube: https://www.youtube.com/channel/UCdtrQDt1R26Ulh8v-S-EpJg
Follow KNOS on Reddit: https://www.reddit.com/user/Kronos_ATI
Follow KNOS on LinkedIn: https://www.linkedin.com/company/kronos-advanced-techngologies-inc
Contact us via info@kronosati.co or visit https://www.kronosati.co or https://www.1800SafeAIR.com
Disclaimer
This news release does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service by Kronos Advanced Technologies Inc or any other third party regardless of whether such security, product, or service is referenced in this press release. Furthermore, nothing in this press release is intended to provide tax, legal, or investment advice, and nothing in it should be construed as a recommendation to buy, sell, or hold any investment or security or to engage in any investment strategy or transaction. Kronos Advanced Technologies does not represent that the securities, products, or services discussed in this press release are suitable for any particular investor. You are solely responsible for determining whether any investment, investment strategy, security, or related transaction is appropriate for you based on your personal investment objectives, financial circumstances, and risk tolerance. You should consult your business advisor, attorney, and/or tax and accounting advisor regarding your specific business, legal, or tax situation.
Social Media Disclaimer and Forward-Looking Statements.
Kronos Advanced Technologies investors and others should note that we announce material information to the public about the Company through various means, including our website (https://www.kronosati.co/investors), press releases, OTCmarkets filings, public conference calls, via our corporate Social Media accounts, listed above.
We encourage our investors and others to monitor and review the information we make public in these locations, as such information could be deemed to be material information. Please note that this list may be updated from time to time.
Certain statements contained in this press release may constitute "forward-looking statements." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the OTC Markets at OTCMarkets.com. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company's ability to raise capital on acceptable terms, if at all, the Company's successful development of its products and the integration into its existing products and the commercial acceptance of the Company's products.
The forward-looking statements included in this press release represent the Company's views as of the date of this press release, and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so.
These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.
SOURCE: KRONOS ADVANCED TECHNOLOGIES, Inc
Phone inquiries: 1-800-SAFE-AIR (option #4)
Some people are in the middle of the ocean waiting to be saved.
Wishing the seagulls "good morning" won't make a difference. The ship is already at deep bottoms. I am glad I abandoned it (with a huge loss, I admit), but I am still alive.
Kloner, why don't you go and haunt another castle or kindergarten my friend?
Don't you think we had enough of your stupidity?
That's right! Don't forget the D...
Let the fun begin! Long overdue!
KRONOS® AIR DISINFECTION TECHNOLOGY MANUFACTURER RECEIVES FDA 510(K) CLASS II MEDICAL DEVICE CLEARANCE FOR THE DESTRUCTION OF VIRUSES, BACTERIA, AND ALLERGENS.
FDA Clearance Provided After Review Of Patented Air Disinfection Technology Proven Effective At Eliminating Harmful Airborne particles.
Parkersburg, WV, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Parkersburg, WV January 10, 2023 /Globenewswire/ KRONOS ADVANCED TECHNOLOGIES, INC. (OTC MARKETS: KNOS) ("KNOS" or the "Company"), innovation-driven product development and creator of patented Kronos® CORE air disinfection technology inside its advanced smart air purification devices, announced today that the U.S. Food and Drug Administration (FDA) has recently granted 510(k) clearance, classifying it as a Class II Medical Device. The FDA clearance was provided to the product manufacturer after a detailed review of the patented Model 5 device, which utilizes patented High Voltage Field air disinfection technology and is proven to eliminate 99.9% of harmful airborne particles, including allergens, bacteria, fungi, and viruses, like COVID-19. FDA Clearance which means our air purifiers can be deployed in hospitals and home health-care settings to clear the air of infected bioaerosol droplets , in addition, our products comply with all CARB regulations related to air cleaners for sale in California, and the Company’s manufacturer is registered with the State of California CARB.
Kronos can now provide schools, healthcare facilities, businesses, hotels, and government agencies with the best medical-grade air purification and air disinfection technology.
“We are proud that our manufacturer has been granted FDA clearance for the Model 5 Air Purifier, and we want to thank the FDA Team for their investigation and test results review of Kronos CORE patented air disinfection technology,” said Michael Rubinov, CEO of Kronos. “We have been developing air disinfection and purification technology since 2002 and we are experts in Indoor Air Quality. The recently approved FDA clearance of the Model 5 device, which is powered by our patented Kronos® air disinfection technology, represents a major step forward to marketing our products to hospitals, doctors’ offices, allergy suffers and areas where natural disasters occurred like when wildfires happen.” – added Michael Rubinov, CEO of Kronos.
“There are only a few air purifier manufacturers on the market today that has received 501(k) clearance, and this marks a significant milestone for our company and our shareholders. This certification validates the performance of the Kronos Model 5 air disinfection technology capabilities, as we are getting ready to manufacture our innovative products domestically at our new manufacturing facility and move to dominate the air purification industry.”- commented Joseph Florence, COO of Kronos.
The Model 5, which is the most popular model, has been rigorously tested in several credible international testing labs. Kronos® developed technology is an active filtration technology. Unlike other solutions- It generates a high voltage electric field to electrify and destroy harmful particles and collects them on the easy-to-wash uniquely designed collecting plates. Its 3 layers of washable filter technology equate to zero dollars in maintenance costs while eliminating up to 99.9% of Harmful Particles, 99.9% of PM 2.5, and 99% of Chemical Toxins in the air it cleans.
Traditional HEPA filter-based air filtration systems only capture larger particles such as dust or pet hair and require frequent filter changes to maintain effectiveness, drastically increasing system maintenance costs. Our technology has the ability to remove contaminants and allergens down to 14.6 nanometers (.0146 microns) which is 20 times smaller than HEPA filters – a definite market advantage.
As reported recently by CNN: Omicron offshoot XBB.1.5 could drive a new Covid-19 surge in the US. The CDC estimates that XBB.1.5 has more than doubled its share of the Covid-19 pie each week for the last four, rising from about 4% to 41% of new infections over December. In the Northeast, the CDC estimates XBB.1.5 is causing 75% of new cases. Americans have been slow to get the new boosters, however. According to CDC data, only 15% of Americans who are eligible have had an updated booster. Among seniors – those age 65 and older – only about 1 in 3 have had an updated shot.
Experts also note that although antibody treatments won’t work against this sublineage, other antivirals, such as Paxlovid and Remdesivir, should still be effective.
Rapid tests continue to work, as do masks, and ventilation and filtration of indoor air, so even as the virus continues to evolve, there are still good ways to protect yourself from getting Covid-19.
“For a few months now, we haven’t seen a variant that’s taken off at that speed,” said Pavitra Roychoudhury, director of Covid-19 sequencing at the University of Washington School of Medicine’s virology lab.
KNOS is committed to helping our customers, businesses, and government offices improve Indoor Air Quality (IAQ) and to provide healthier and safer air.
I mostly missed the "Good mornings"
Where is Waldo?
If they are out of jail till then...
Everything is going as planned... Greg is taking this worthless POS down to the ground.
But, but, but we have a HUGE furniture "going out of business" SALE this Friday!
No worries! We'll make some money to issue the next PR!
S-H-A-M-E O-N Y-O-U R-O-T MANS
I guess they are closing down the store so nobody can go after them...
And we are still waiting for news?
LOL!!!
Whatever he can get captain...
There is still some meat on this bone and "someone" will lick it all...
Nice pic! Are you looking at the upcoming hurricane?
I am NOT comfortable with karma. I need somebody to go to jail and his mansion returned to the shareholders immediately .And, if possible, share the same cell with a VYST shareholder who bought at $0.10...
A little birdie told that it's scenario #2...
So I should contact Jamie ROTMAN, a member of the ROTMAN gang for questions about my stolen by the ROTMANs shares?
Great! Is she supposed to solve my problem although she gets in the same pool with Greg?
GOOD NIGHT VYST....
It has been a good night for me 3 years ago... Greg himself used to text me every evening assuring me that I will be a millionaire in a couple of weeks.
I am trying to get a word from him since then... He changed his cell number and he is nowhere to be found.
Oh! and he got my $80,000 in VYST shares.
I remember fighting with pepeoil on this board back then, defending the ROT-mans.
Now I call myself an idiot...
Good night VYST...
Did you have a chance to see a doctor?
Not sure why you put papa Steve out of the whole criminal picture.
Are you sure he isn't aware and agreed to the whole Greg Ponzi scheme?
For me, the whole family is involved and they need to pay the consequences.
He is not the saint here.
Bring his head on the tray next to his beloved son and I will be fine with it.
Greg sold his mansion for just one reason: So he has nothing in his name. Class action? What do you think shareholders are gonna get besides his middle finger up our butt$?
I will be happy if he gets behind bars...
What ever happened to the secret investor who put $200,000 at $0.15?
There was a PR three years ago about him.
Is he still holding?
I guess that moron has time to post a review about his nail salon but he can't find a minute to inform his shareholders what's up?
Somebody please tell him who is paying to file his nails....
Captain, why are you getting upset? And why is everybody stretching this matter? This thing is dead... DEAD. What is the point of talking about it? Can someone start a lawsuit and put this Greg guy to jail, where he belongs?
All the rest is just pointless..
Lol!!! Thank you for the laugh!!
Smart people are silently buying... Stupid people are silently reading here all this chit that VYST monkey is posting.
I guess I am stupid...
What are you talking about?
The "few selective individuals" know and they will be billionaires shortly.
Meanwhile, the rest of us, let's enjoy our journey to the trips...
So basically papa Steve and his son brought VYST into Rotmans (or Rotmans into VYST) scooped away all of investor's money with their lies, put a new liner in their inground pool and now they will go private again?
THESE GUYS NEED JAIL TIME. And whoever cheers for them misleading new naïve investors.
May be Greg asked him for a loan and he needed to find the money?
I am sure he will return it back to him after his jail time...
No, but they both work for a circus.
I hope Putin get them both and declaw them.
Meanwhile they can't even make a condom...
Greg thanks you all very much for contributing to his bar bill one more time.
He sold his s/hitload of shares driving the price down from .0129, money is enough now to get him on vacation. Expect a new PR next fall with a new fresh carrot.
You better have some dry powder then...
Everybody's IP is captured by IHUB. All this information is available through IHUB upon request from the authorities.
Because the Merger is NEVER gonna happen.
Just another dangling carrot. Greg is selling again today.
The question is how could a certain individual in this board knew about this PR since last week?
Insider information leak left and right?
His ip has been recorded and he will be questioned in the upcoming lawsuit.
I thought that some MAJOR PR would come out today? Someone said NOT TO GET COUGHT WITHOUT VYST SHARES coming Tuesday?
Anybody seen any PR? Or is it that only the "few selected" know only?
Sounds to me that someone is trying to dump a s/hitload of shares.
lol!!!
My grandpa used to tell me that Santa is bringing me a Christmas present but he didn't know what it was. Only a few :selected" ones could know what they were getting. I just had to be a good boy all year around and trust Santa without asking questions.
Then the rest of the kids at school didn't believe in Santa. But I still had to be a good boy cause grandpa said so and cause I was hoping to get my present somehow.
Then I found out there was no Santa, it never was one.
I looked for grandpa to ask him why he was lying to me all these years but he was out of my life too. Dead...
Who is gonna compensate me for all the trauma I suffered?
Greg is in "Run Forrest Run" mode... And Steve doesn't care any more. Too old to control his son.
Did you notice the expiration date on that coupon? Coupon expires 1/31/221.
221? lol.... It expired 1801 years ago!
So you take it to cash register and they don't accept it since it's expired?
I bet Greg had something to do with it! He is the Master of dangling carrots!
Are you kidding? If Greg had one, JUST ONE purifier made he would have posted a picture of it on Tweeter. Instead he is using a stolen pic...
So sad....
Tic toc..
How do we proceed with legal action gentlemen?
This scum needs to pay.
Why are you asking question like these? Do you belong to that "exclusive club" of VYST investors? If not, you don't deserve an answer...