Dyeing, Drying, Finishing

2023-12-07

MTIX provides substantial cost savings and environmental benefits

MTIX MLSE Machine Assembled, Installed and Operational Photo exclusive property of MTIX, Ltd. All rights reserved @2023 www.mti-x.com
Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced that MTIX Ltd. (“MTIX”), a wholly owned subsidiary of the Company’s majority owned subsidiary, Avalanche International Corp., has achieved substantial cost savings and environmental benefits with a digital scouring process algorithm associated with its license with PANGAIA.

MTIX Ltd, in collaboration with RDD Textiles (“RDD”) and PANGAIA, has been working towards eliminating the wet pre-treatment process through the use of its proprietary MLSE laser technology. This innovative approach aims to save water and energy as well as process chemicals efficiently. A recent Life Cycle Assessment (“LCA”) has demonstrated savings of over 87% for electricity use and 98% reduction in water use compared to conventional processes for pre-treatment for dyeing.

RDD Textiles is showcasing this fabric along with its other innovations at ISPO 2023 in Munich, Germany this week Booth #C1.327. ISPO is the world’s largest trade fair for sporting goods and sportswear.


Photo exclusive property of MTIX, Ltd. All rights reserved @2023 www.mti-x.com
Photo exclusive property of MTIX, Ltd. All rights reserved @2023 www.mti-x.com


Phil Mansour, the CEO of MTIX, stated, “We are pleased at the results of the combined efforts of our teams. This LCA demonstrates what we have always believed about MLSE and its ability to make a substantial environmental difference in the textile industry, substantially saving water, chemicals and energy.”

PANGAIA stated, “PANGAIA is constantly searching for new innovative solutions to improve the environmental footprint of existing materials and processes within the textile industry. Dyeing presents one of the industry’s most pressing issues but by working with the MLSE technology we have collectively shown the potential to improve its footprint substantially specifically in the dye preparation stage. We look forward to building on this work with MTIX and RDD to drive change for dyeing practices across our industry.”

Scanning Electron Microscopic A view of fibers before digital scouring with MLSE technology Photo exclusive property of MTIX, Ltd. All rights reserved @2023 www.mti-x.com
Scanning Electron Microscopic A view of fibers before digital scouring with MLSE technology Photo exclusive property of MTIX, Ltd. All rights reserved @2023 www.mti-x.com


Ana Tavares from RDD stated, “MLSE technology will revolutionize the textile industry, avoiding wet pre-treatment of fabrics, an unavoidable process when dyeing fabrics, saving resources such as water, chemicals and energy while minimizing costs. Beyond that, RDD and MTIX team are also working on the functional finishings for knitted fabrics, such as durable water resistance (“DWR”), also a possible application, with the same plasma technology. This kind of finishing normally uses harmful chemicals that can be avoided with the use of MLSE technology.”

For more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section at www.Ault.com or at www.sec.gov.

Photo exclusive property of MTIX, Ltd. All rights reserved @2023 www.mti-x.com
Photo exclusive property of MTIX, Ltd. All rights reserved @2023 www.mti-x.com


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