SinglePoint Enters JV Agreement to Further Expand and Accelerate Opportunities Due to Increased New Client (Retail and B2B) Demand in Hand Sanitizer Market with Simplex + Virus Killer

Worldwide Hand Sanitizer Market to cross USD 3.6 Bn by 2026

Phoenix, Arizona–(Newsfile Corp. – April 28, 2020) – SinglePoint Inc. (OTCQB: SING) ramping up effort to meet in bound demand for hand sanitizer and other sanitizing products. The company recently entered into an LOI that quickly progressed to a JV Agreement with Box-Bioscience. The agreement will provide both parties with the capability to enhance supply and expand sales opportunities of hand sanitizer. The product is current sold in a variety of sizes ranging from 2oz to truckloads for bulk supply. With the successful rollout of Klen, SinglePoint has been approached by larger retailers to supply bulk products. This shift has set the stage for a Joint Venture between the two companies to supply hand sanitizer manufactured to the current FDA guidelines. Box has already completed orders with multiple accounts, including segments of Fortune 500 companies around the nation with new sales and inquiries happening daily.

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