Medizone International Inc (OTCMKTS:MZEI) shares are trading at $0.0652. The company has a market cap of $25.95 million. Share prices have been trading in a 52-week range of $0.04 to $0.17.
In a press release, Medizone International Inc shared that it has registered to attend the Military Health System’s Vendor Day on September 27, 2017 at the Defense Medical Logistics Center on Fort Detrick and will interact directly with a large number of government agencies and to demonstrate the utility of AsepticSure.
This Military Health System Vendor Day is a cooperative venture by the military service medical logistics agencies like Defense Health Agency Medical Logistics Division, U.S. Army Medical Research and Materiel Command, U.S. Army Medical Materiel Agency, Naval Medical Logistics Command, Air Force Medical Operations Agency, U.S. Marine Corp Systems Command.
“Given the broad range of applications for AsepticSure to the military, including hospital disinfection, bioterrorism countermeasures, and food handling facility disinfection, we are excited about engaging with the many agencies represented at the Military Health System’s Vendor Day,” said David A. Esposito, Chairman and interim CEO of Medizone International Inc. “This event builds on the work already underway to gain acceptance of AsepticSure in multiple government agencies.”
Medizone International Inc is a company that is engaged in designing, manufacturing and selling a system using ozone in the disinfection of surgical and other medical treatment facilities and in other applications. Its AsepticSure is an ozone-based technology, which is used for the purpose of decontaminating and disinfecting hospital surgical suites, emergency rooms, intensive care units and other enclosed spaces, such as gym locker rooms, laboratories and veterinary clinics.
In the AsepticSure system, oxygen atoms are misted into the environment with a hydrogen peroxide vapor and the system’s formula creates Trioxidane. The company is developing a variant of AsepticSure for governmental use with bio-terrorism countermeasures. AsepticSure has completed safety and preliminary operational trials. During the tests, AsepticSure has demonstrated a turnaround time of approximately 90 minutes for disinfection and reoccupation of the hospital rooms.