Parkersburg, WV -- August 27,
2021 -- InvestorsHub NewsWire -- KRONOS ADVANCED TECHNOLOGIES, INC.
(OTC
MARKETS: KNOS) ("KNOS" or the "Company"), an innovation-driven
product development and production company that has significantly
changed the way air is moved, filtered and sterilized is pleased to
announce that the Company has integrated livestream, an e-commerce
platform, to allow influencers and Kronos product fans to earn
income by livestreaming their excitement of the in-person
product experiences and share their positive involvement with
the Kronos® air purification products.
Kronos is hiring a livestream
commerce team to develop this venue.
Techcrunch.com recently published
an article titled Livestream e-commerce: Why companies and
brands need to tune in. “Livestream e-commerce has taken off in
China in the last few years and is expected to yield more than $60
billion this year. In 2019, 37% of online shoppers in China (over
265 million people) made purchases on livestreams — and that was
well before quarantine. In 2020, it’s estimated to have reached
around 560 million people. Last December, Walmart livestreamed
shopping events on TikTok. Amazon released a live platform where
influencers promote items and chat with customers. Instagram
launched a Shop feature that encourages users to browse and buy
within the app. Facebook also kicked off Live Shopping Fridays for
the beauty and fashion categories.”
With the impact of COVID-19 on the
retail industry, Kronos decided to fill the gap not only for
consumers interested to recreate more visual shopping experience,
but also to adapt to shopper demand for remote one-on-one browsing
and buying options. “As Kronos management is developing ways to
adjust to the new normal -post-COVID, we are looking at no-risk,
yet scalable distribution and marketing channels that will deliver
to our online shoppers a more engaging, entertaining and useful
shopping experience in the industry,” commented Michael Rubinov,
Kronos President.
Kronos integrated live stream
platform and safe air marketplace allows Kronos product fans and
enthusiasts to connect with their community and sell Kronos®
products on a secure online shopping platform.
Marketresearchfuture.com published
that “Global Live Streaming Market is projected to reach USD
247,275 Million by 2027, growing continually at 28.1% CAGR
throughout the forecast period.”
The live streaming market growth
can be attributed to live videos or live streaming activities that
have significantly increased since 2015. Social platforms are the
key source of live video content, and TV is the most popular type
of live video content accessed. Brands and public figures started
actively interacting with their intended audience through online
platforms like YouTube, Instagram, and Facebook. With the growing
popularity of eSports and video games increasing among all age
groups, live video game streaming gained greater momentum. The
Interactive Advertising Bureau (IAB), in one of its reports in 2018
stated that more than 67% of consumers globally streamed live video
content and over 52% of that group preferred free, ad-supported
live streaming over subscription-based and à la carte services.
Additionally, around 47% of consumers globally have reported having
increased their live streaming time since 2019. Resultantly, the
global live streaming market is growing continually at a rapid
pace. Moreover, the expanding population and the escalating
urbanization rate across emerging regions positively impacts market
growth. Furthermore, the rapid economic growth has provided impetus
to the growth of the market over the past couple of
years.
COVID-19
Analysis
The COVID-19 outbreak has
positively impacted the live streaming industry. The full to
partial lockdowns imposed worldwide to control the spread of
coronavirus increased live streaming activities by almost 50%
compared to the pre-COVID period. In April 2020 alone, several live
streaming platforms witnessed a significant increase in viewership.
The coronavirus lockdown caused huge revenue losses across many
industries and closed down several manufacturing facilities across
the globe, putting a brake on production, but live video streaming
activities have spiked further. Analyzing the trend during the
COVID-19 crisis, when people are still maintaining social
distancing and avoiding public gatherings, it is seen that live
streaming has increasingly become the preferred option for concerts
and other big events. This scenario is estimated to increase the
growth rate of the market during the forecast period (2020 –
2027).
Live streaming attracts more
audiences as most people prefer to watch live video over reading a
blog or social posts. Due to the spread of COVID-19, countries
across the globe went under lockdown. Resultantly, various events
and shows got canceled, leading to a significant rise in live
streaming activity worldwide. Especially in April, various OTT
platforms, including Twitch, Facebook gaming, and YouTube,
witnessed a massive growth in live viewership
globally.
Rising video streaming activities
by users across verticals drive market growth. Besides, the growing
need for greater brand engagement and reach through live videos
boosts the growth of the market. Moreover, the growing viewership
of OTT platforms and live streaming content, alongside the
increasing numbers of Internet and smartphone users, are the other
factors expected to influence the market growth.
Emerging markets across the globe
present untapped opportunities for the consumption of live video
content. The emergence of the live streaming platform that enables
potential buyers to connect and interact in real-time to buy and
sell the hottest collectibles plus items they want -offers
significant growth opportunities. Live-streaming platforms and
marketplaces are tapping into the collectible and enthusiast
communities in developing regions to position themselves to
capitalize on live streaming's early success.
Kronos sells the world's most
efficacious, patented air purifiers that are also much quieter
compared to HEPA air purifiers. The noise level ranges from 22dB
(sleep mode) to 57dB (turbo mode) and averages at 34dB, which is
half of traditional air purification systems while far more
effective. This is as quiet as a soft hum which only increases
slightly when detecting and purifying greater pollutants needing
purification.
We also offer a personal air
purifier for outdoor activity -FIT AIR that is wearable on your
arm.
Kronos products for safer indoor
air quality include Model 3, Model 5, and Model 8 (also marketed as
Airdoge® products). The Company offers a unique air purifier, Tesla
Air, to keep the air in your car the safest.
MODEL 5 (MSRP $650): Ideal for
rooms of up to 1400sq. ft. can disinfect and purify air space 24/7
(bedrooms, living rooms, etc.) This Model 5 is 26 (H) x 12 (L) x 12
(W) inches, weighs 28.9 pounds, and its power consumption is only
20-60 W (110/240v).
MODEL 8 (MSRP $1,199) ON SALE
price $999.00: Ideal for large spaces up to 3000 sq. ft.
(businesses, hospitals, schools, universities, hotels, restaurants,
including residential spaces such as studio apartments, large
living rooms, and home offices.) The MODEL 8 is 30" (H) x 15" (W) x
15", weighs 43 pounds, and its power consumption is 110 W
(110/240v). The Model 8 may well be the highest CADR among all air
purifiers, including HEPA, and the most efficacious with the lowest
cost of ownership.
Kronos also supplies advanced
US-manufactured face masks (including high-tech invisible masks) to
better protect, employees, customers, students and teachers
nationwide.
COVID-19
DISCLAIMER:
Kronos uses a variety of methods
to test the functionality of our air purification products.
Customers should evaluate their specific application and
environmental conditions when making an assessment regarding the
technology's potential benefits. Our customers should also use
reasonable safety precautions to prevent the transmission of
pathogens, including SARS-CoV-2. While our products provide
significant advantages, you cannot rely solely on our products to
contain Covid or prevent its spread. It is important to comply with
all applicable public health laws and guidelines issued by
national, federal, state, and local authorities, including guidance
published by the Centers for Disease Control and Prevention (CDC),
including but not limited to social distancing, hand hygiene, cough
etiquette, and the use of face masks.
About Kronos Advanced
Technologies, Inc.
The Company was founded in 2002
and funded by the U.S. military to develop electrostatic air
movers. Eventually, the Company moved into the consumer air
purification business. It began operations as a product development
company that invented and significantly changed the way air is
moved, filtered, and sterilized. Historically, Kronos has focused
on developing, marketing, and selling the Company's proprietary air
movement and purification technology. Serving the Indoor Air
Quality (IAQ) market, Kronos technology uses state-of-the-art high
voltage patented processes without the use of traditional porous
HEPA filters. Kronos-based products move air silently, filter,
sterilize, and purify the air while dramatically reducing energy
consumption to half of a 60-watt light bulb. Kronos devices can be
variable in shape or size and, therefore, have the potential to be
scaled-down for air purification in cars or scaled-up in size for
industrial and hazardous gas destruction. The technology is
currently being implemented in multiple standalone products for
businesses, homes, and vehicles of all types -to move, sterilize
and filter air, including removing allergens down to 14.6
nanometers, passing through our patented technology -replacing
expensive outdated passive HEPA and other filtration type systems.
There are broad ranges of additional markets for standalone and
embedded Kronos CORE technology-based devices. Examples of
immediately addressable markets include schools, universities,
healthcare facilities, operating rooms, manufacturing clean rooms,
and the cabins of automobiles and commercial
aircraft.
The Company supports
KronosFoundation.org which encourages people to make positive
change while it helps others to breathe safe air by donating air
purifiers locally and nationwide through campaigns that make an
impact.
Kronos published research about
the effectiveness of Kronos Patented technology on air disinfection
n (e.g., microorganism destruction) by demonstrating the high
efficacy of Kronos® Technology-based air purifiers in capturing and
destruction of various types of microorganisms (including Corona
Viruses) in different environmental settings back in 2008. Results
of this research showed that Electrostatic Air Filtration and
Purification systems based on Kronos technology demonstrated high
capturing and destruction efficiency for different types of
microorganisms, bacteria, and viruses, and can be successfully used
for disinfection of air in real word environmental settings,
including hospital facilities both with and without the presence of
people.
BusinessWeek called Kronos air
purifiers "VIRUS KILLER" in 2005.
Kronos is the first publicly
traded Company that accepts DOGE coin as a form of payment for its
products, as well as other cryptocurrencies.
Recently, the Company filed for a
provisional patent involving an innovative protective face mask
with antimicrobial and anti-cellphone radiation protection
features. The Company is planning to file additional patents to
improve its existing technology as well as enter into new market
segments but will continue to market air purifiers and other
consumer products. The Company is an exclusive distributor and
licensee of the latest generation of air purifiers based on the
Company's CORE technologies. The Company markets its products as
Airdog® and KRONOS® brands. All Kronos products come with Kronos
Promise ™ -Your Satisfaction is Guaranteed!
Company offices are located in
Parkersburg, WV
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), through 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)
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