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Monday, 03/01/2021 1:43:52 PM

Monday, March 01, 2021 1:43:52 PM

Post# of 50204
KNOS .13 added a few news today Look good imo



https://www.barchart.com/stocks/quotes/KNOS/technical-chart?plot=CANDLE&volume=total&data=DO&density=X&pricesOn=1&asPctChange=0&logscale=1&indicators=BBANDS(20,2);SMA(13);PTP(50);SRSI(14,14);WILLR(14,40);ADX(14);ACCUM;MACD(12,26,9);RSI(14,100);SMA(50)&sym=KNOS&grid=1&height=500&studyheight=100

Medical Doctors Forced to Invent Safer Mask Following Covid-19 Death of Colleague
Press Release | 03/01/2021
Los Angeles, CA, March 01, 2021 (GLOBE NEWSWIRE) -- KRONOS ADVANCED TECHNOLOGIES, INC. (OTC MARKETS: KNOS) ("KNOS" or the "Company"), product development and production company that has significantly changed the way air is moved, filtered and sterilized announced today that it has signed a definitive agreement to acquire medical mask startup, Merit Mask, Inc.

Merit’s masks are designed to address many issues, like perfect fit, sealing, reusable, eco-friendly, as well as comfortable to be worn for long-hour hospital shifts.

This acquisition reinforces Kronos' commitment to expanding its offering of Personal Protective Equipment (PPE) and the development of the most advanced PPE products through M&A (mergers and acquisitions) opportunities as well as through R&D with the goal of improving personal protection from infectious aerosols.

Under the agreement, Kronos acquired the controlling interest, including mask designs, and will obtain full rights to the future suite of innovative medical PPE to be developed by Merit Mask, Inc.

By acquiring Merit Mask, Inc., Kronos is assuming worldwide responsibility for design, manufacturing, distribution, and business strategy for the company's product portfolio, immediately.

"It is a great pleasure to announce our pending acquisition of Merit Mask Inc," said Michael Rubinov, President of KNOS. "This acquisition holds the potential to be a pivotal moment in our PPE products portfolio in addition to our patent-pending mask designed for the general public, and we are delighted to expand our product portfolio to include specialized masks for the medical community currently fighting COVID-19 on the frontlines."

"As the CEO of Merit Mask, I am delighted to merge with Kronos Advanced Technologies. Merit Mask was born out of the necessity to fight Covid-19. This catastrophic pandemic has touched everyone including us, here at Merit Mask, when Covid robbed us of my best friend and colleague and one of the best medical providers that ever graced this earth. I know that under the leadership of Kronos, Merit Mask will achieve its singular mission and that is to be the single best Covid-19 fighting mask EVER produced. Stay tuned as greater things are about to happen," stated Cornell Calinescu, MD, Merit Mask CEO.

This forthcoming flagship product is a specialty face mask designed and made from medical-grade silicone with a personal air purification device attached to the mask.

"We are excited about the acquisition of Merit Mask Inc as it expands our expertise in innovative personal protective equipment (PPE) technology, strengthens our leadership in air purification and sterilization, and reinforces our commitment to the purpose of making people's lives healthier, the air we breathe safer and our doctors' job safer,"- commented a Kronos management team member.

American College of Surgeons suggested last year that: An important point for surgeons is the use of PPEs in the operating room. Because there seems to be a variable understanding of the recommendations, we have provided some basic recommendations. The CDC has provided information and recommendations for PPE use for COVID-19 patients or persons under investigation (PUI).

Since ensuring a proper fit of the N95 mask is paramount, fit testing is necessary. The CDC also has delineated some key factors for using the N95 mask effectively, as well as checking for an appropriate mask "seal."

While in the operating room (OR), N95 respirators are recommended, particularly when operating on confirmed or suspected COVID-19 patients; however, the American College of Surgeons recognizes that many health care facilities have limited access to N95s at this time. Recent recommendations have been developed by the ASA and others showing a projected shortage of N95 masks.

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