Award of Green Economy Mark

RNS Number : 8478X

MyCelx Technologies Corporation

10 January 2022

 

10 January 2022

MYCELX Technologies Corporation

Award of Green Economy Mark

MYCELX Technologies Corporation ("MYCELX" or the "Company"), the clean water and air technology company transforming the environmental impact of industry, is pleased to announce that the Company has received the London Stock Exchange's Green Economy Mark, recognising MYCELX's contribution to the global green economy.

This classification, first introduced in 2019, was created to highlight companies and investment funds listed on all segments of London Stock Exchange's Main Market and AIM that are driving the global green economy. To qualify for the Green Economy Mark, companies and funds must generate 50% or more of their total annual revenues from products and services that contribute to the global green economy. The underlying methodology incorporates the Green Revenues data model developed by FTSE Russell. It provides a detailed taxonomy of environmental goods, products and services, and is designed to recognise both 'pure-play' green technology companies, as well as those across all industries that make significant contributions to the transition to a sustainable, low carbon economy.

Connie Mixon, CEO of MYCELX, said:

"I am delighted to announce that MYCELX has been awarded the Green Economy Mark by the London Stock Exchange. The Mark supports MYCELX in communicating our green credentials to investors and other stakeholders; highlighting our efforts to support the transition to a low or net zero economy.

The recent validation of our offering at both an Australian Defence location, and a global oil Company's site, are strong evidence of our clean technology's increasing adoption in the fast-growing global PFAS market. As we look to the year ahead, we are excited about the potential of our entire product offering and will look to build upon the successful foundations we laid last year."

Julia Hoggett, CEO of the London Stock Exchange, added:  

"Congratulations to MYCELX on receiving the Green Economy Mark, which recognises companies that derive more than 50% of their revenues from green products and services. Companies that qualify for the Mark play an important role in the global green economy and the shift towards low-carbon business models: they are key to accelerating the transition to a more sustainable economy."

For further information please contact:

MYCELX Technologies Corporation Connie Mixon, CEO Kim Slayton, CFO	Tel: [phone]
Celicourt Mark Antelme Jimmy Lea	Tel: [phone]

Notes to Editors

Through its revolutionary oil-free water technology, MYCELX brings its customers material benefits in terms of performance enhancement, cost savings and significantly improved environmental footprints. Working beyond any ordinary filtration methods, MYCELX's proprietary technology achieves oil removal to less than one part per million.  MYCELX supports leading international customers across the oil & gas value chain, as well as other industrial users.   MYCELX also provides advanced air filtration technology for manufacturing and industrial facilities, effectively removing oil particles and biologicals to maintain continuous and safe air quality levels.

For more information, visit www.MYCELX.com

About RNS Reach announcements

This is an RNS Reach announcement. RNS Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on RNS Reach.

 

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