RCS - MyCelx Tech. Corp. - Award of Green Economy Mark

Mycelx TechnologiesAnnouncement

10/01/2022 07:05

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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                Tel: +1 888 306 6843

 Kim Slayton, CFO

 Celicourt

 Mark Antelme                     Tel: +44 20 8434 2754

 Jimmy Lea

 

 

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 (http://www.MYCELX.com)

 

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