Molekule Closes a Partnership Agreement with Sourcenext
September 28, 2020 at 09:00 am EDT
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Molekule announced that it closed a partnership agreement with Sourcenext. The agreement signals the next phase of growth for Molekule, which includes global expansion. In a commitment to Molekule's innovation, Sourcenext has also invested USD 10 million into the company. The funds will be used for growth initiatives as the company prepares to meet strong global demand for an air purification solution that destroys airborne pollutants, including viruses and chemicals. The air purifier market in Japan is valued at roughly USD 500 million annually, with two million air purifiers sold every year. Sourcenext, which is known for raising sales performance in Japan for brands such as Rosetta Stone, Evernote, Owl Labs, and Dropbox in Japan, has deep roots in both the B2B and B2C channels. Air quality issues and the emergence of COVID-19 have created strong international interest in air purification. Molekule's PECO technology is capable of oxidizing airborne viruses, bacteria, and even microscopic chemical pollutants. Molekule's products meet all applicable performance criteria recommended by the U.S. FDA guidelinesfor use in helping to reduce the risk of exposure to SARS-CoV-2 (the virus that causes COVID-19) in healthcare settings during the COVID-19 public health emergency and can destroy other airborne pollutants such as formaldehyde and ozone, two common lung irritants. Surcenext will initially launch Molekule's Air Mini+, which boasts enhanced particle sensing and Auto Protect Mode, with additional products to follow. Starting September 28, 2020, Air Mini+ is now available for pre-sale orders in Japan from the molekule.jp web site and sourcenext.com, with retail stores to follow. Sourcenext is also placing an incredible emphasis on providing air purification solutions to their own staff. As such, Molekule has become one of the key upgrades in their own Tokyo office as Sourcenext employees re-enter the workplace from sheltering-in-place during the pandemic. Sourcenext is known for their forward-thinking office set-ups and offering Molekule devices throughout their office settings is one of the many ways they are providing enhancements throughout their local Headquarter facility.
SOURCENEXT CORPORATION is a Japan-based company principally engaged in the planning, development and sale of software and hardware products. The Company provides products through smart phone operators, directly sells through their own online shops, as well as wholesales to home appliance discount stores and other electronic commerce (EC) websites. The Companyâs products comprise Virus Security ZERO, Super Security ZERO, HITSUO series, KYOSOKU series, IKINARI PDF series, TOKU-UCHI series and Android Selected Application series.