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TOMI Fogging Pact with Arkema Hikes Former’s Shares

Sometimes, the best strategy to retain food freshness and safety is to subject that food to mist and fog.

Beverly Hills-based TOMI Environmental Solutions, Inc. (OTC:TOMZ) came out Monday with news on a breakthrough it has made by teaming up with Arkema, Inc.

TOMI is a global company specializing in disinfection and decontamination essentials using its premier Binary Ionization Technology platform through the manufacturing, licensing, servicing, and selling of its SteraMist™ brand of products, a hydrogen peroxide-based mist and fog. TOMI has forged an exclusive global co-marketing and supply agreement with Arkema, a global leader in the hydrogen peroxide industry.

The agreement provides that the parties will develop the market for TOMI’s Fogging Technology using the TOMI SteraMist Technology for food safety application.

TOMI CEO Haldan Shane, explained, “In addition, the partnership will allow TOMI to continue to bring its technology to new global markets. The expertise of Arkema to produce a food grade hydrogen peroxide solution will enable TOMI to address the food markets’ ever growing need for a quick efficient broad disinfection which does not injure seeds, sprouts or the mature plants.”

TOMI proved one of the few stocks whose price was pointed upward on Monday, taking on 46-100ths of a cent, or 4.6%, to 11.5 cents, on 80,000 shares