PCT LTD Provides Update of Authorized Distributors and Supplemental Registrants

PCT LTD (OTC Pink: PCTL) continues to gain market share by increasing their network of distributors and US EPA supplemental registrants. Through strategic expansion of this network, PCTL is actively expanding their footprint and serving more geographical regions and markets.

PCT Corp., the operating company, currently has three levels of distributorships, with active entities operating at each level.

• Level 1. A level 1 distributorship is a reselling distributor. Companies at this level purchase fluids from PCT Corp. and resell it under the Hydrolyte® name.
• Level 2. A distributor at this level requires a supplemental registration with the US EPA. At this level, distributors are purchasing larger volumes of fluids than level 1 distributors. Distributors at this level may resell the product under the Hydrolyte® name or white-label the product under their own brand.
• Level 3. The highest level, distributors at this stage are similar to distributors at level 2; however, these companies are producing distributors which generate fluids for resale under their own brand. Distributors at this level also typically enter into a system and service contract for ongoing service of their equipment.

The company’s current list of distributors is illustrated in the table below:

PCTL currently has distributorships in 17 states and Puerto Rico. Additional international expansion efforts are ongoing as well. As part of PCTL’s expansion efforts, strategic distributors will be added in key regions and markets over the course of the next several months. Each distributor undergoes a thorough vetting process prior to being approved and entering into an agreement with PCTL.

“This is a highly competitive market,” explains PCT Corp. President Bill Prince, noting that the company has not, in the past, released information about some of their distributors outright. “In some circumstances, certain distributors need a little time while they establish and grow their business, but they then welcome attention to their market launches.”

Additionally, PCTL is working on unveiling a new distributor directory website which will include contact information for each distributor as well as additional information on PCTL’s EPA registered solution, under US EPA Registration No. 92108-1. The distributor-centered website, http://www.pctcorporation.com, will be linked to the Company’s other active websites (http://www.para-con.com and http://www.pctcorphealth.com) and is in the development process at this time.

“Due to high demand, we wanted to provide an outlet for those interested parties to find and contact the authorized distributor in their area,” says PCTL CEO Gary Grieco. “Our distributors are a key portion of our business as well as our growth strategy. They assist in promoting the Hydrolyte® brand. Anything we can do to point people in their direction is a win for everyone.”

Additional News and Corporate Updates:

PCTL would like to warn its stockholders and potential investors that material corporate information regarding sales, areas of business and other corporate updates will only be made through press releases or filings with the SEC. PCTL does not utilize social media, chatrooms or other online sources to disclose material information. The public should only rely on official press releases and corporate filings for accurate and up to date information regarding PCTL.

About PCT LTD:

PCT LTD ("PCTL") focuses its business on acquiring, developing and providing sustainable, environmentally safe disinfecting, cleaning and tracking technologies. The company acquires and holds rights to innovative products and technologies, which are commercialized through its wholly-owned operating subsidiary, Paradigm Convergence Technologies Corporation (PCT Corp). Currently trading on OTC, "PCTL" aspires to and is actively engaged in preparations for up-listing its common stock to a national securities exchange. The Company established entry into its target markets with commercially viable products in the United States and now continues to gain market share in the U.S. and U.K.

Forward-Looking Statements:

This press release contains "forward-looking statements" as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21B of the Securities Exchange Act of 1934, as amended. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements."

Such statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Such statements involve risks and uncertainties, including but not limited to: the ability of PCTL’s most recently added distributors to gain and maintain certain saturation levels within their regions; the ability of PCTL to travel for the installation and/or maintenance of equipment; subsequent installations of PCT’s Annihilyzer Infection Control Systems and other equipment; PCTL's ability to raise sufficient funds to satisfy its working capital requirements; the ability of PCTL to execute its business plan; any other effects resulting from the information disclosed above; risks and effects of legal and administrative proceedings and government regulation; future financial and operational results; competition; general economic conditions; and the ability to manage and continue growth. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Important factors that could cause actual results to differ materially from the forward-looking statements PCTL makes in this press release include market conditions and those set forth in reports or documents it files from time to time with the SEC. PCTL undertakes no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200812005223/en/