CAMBRIDGE, MA / ACCESSWIRE / September 7, 2022 / IIOT-OXYS, Inc. (OTC PINK:ITOX) ("Oxys" or the "Company") announces the completion of a Proof of Concept (POC) utilizing Indoor Air Quality (IAQ) sensors and Industrial Internet-of-Things (IIoT) software platform from Aretas Sensor Networks Inc., a Canadian company.

"We continue to be pleased about the rapid progression of this strategic partnership between Oxys and Aretas. This POC is the fourth collaborative step we've taken with Aretas since March of this year, following our mutual NDA, a convertible note funding a key Aretas contract, and most recently an SOW to develop Artificial Intelligence (AI) and Machine Learning (ML) algorithms for Aretas," stated Cliff Emmons, CEO of Oxys. "Work on the POC began in mid-May, arranging sensor deliveries to the POC site, located in Cambridge, MA belonging to Giro DiBiase. The location is home to Giro Studio, and the co-working space where Oxys leases lab space and is the Company's official business address. Since installation in early June, a series of tests culminated with a demonstration to our Board of Directors (BOD) and Advisory Board during an in-person meeting. Our BOD and Advisory Board encouraged us to continue developing our partnership with Aretas. We'll continue to maintain the POC as an ongoing demonstration site for prospective customers, and a test site for our algorithm development efforts" continued Mr. Emmons.

The global market for Indoor Air Quality Monitors is estimated at US$3.7 Billion in the year 2020, is projected to reach a revised size of US$6.4 Billion by 2027, growing at a CAGR of 8.2% over the period 2020-2027.1 Mr. Emmons concluded, "Key drivers of future growth at Oxys include securing AI & ML sub-contracts and initiating Proof of Concepts (POCs), and today's announcement is proof we're delivering on our promises to our customers, partners, and shareholders. This POC has also laid the groundwork with our partner, Aretas, to explore future co-marketing and co-selling agreements."