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Monday, March 30, 2020 10:56:49 PM
Manufacturing, Distribution and Sales
Vystar will continue production of UV Flu product lines with BOI, a world-class manufacturer. Vystar anticipates it will take 45 days to complete manufacture of the next orders of air purifier units and another 45 days to relaunch sales with a new, more robust distribution model. Vystar plans to sell RxAir residential units via online and retail channels.
Vystar is assembling the distribution network to relaunch sales of UV400 and Rx3000 units to the healthcare and medical markets, which UV Flu had ceased due to sales force, distribution and cash flow constraints. Once production and sales are firmly re-established, Vystar expects that the air purification products will produce margins of approximately 75%.
https://www.globenewswire.com/news-release/2018/05/10/1500134/0/en/Vystar-Acquires-Assets-of-UV-Flu-Technologies.html
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