CHUR, SWITZERLAND - EQS Newswire - 2 June 2020 -The coronavirus
pandemic harbours the potential for enormous growth in specific industries. To
that end, however, it's important to identify which markets will be dominant in
the future.

One of the key growth sectors is the production and distribution of
disinfectants and associated technologies. Regardless of whether a cure for, or
vaccine against, COVID-19 is developed, protection against viruses and bacteria
has become incredibly important across the globe and will continue to be a
concern going forward.

This was one of the reasons why Pegasus Development AG
decided to partner with the British disinfectant manufacturer Nuevo. One of the
decisive factors choosing Nuevo was its highly competitive product, which is
free from alcohol, animal products, perfume, essential oils or dyes.

Furthermore, the product has already been tested according to the highest
stipulations of the European standard EN 1276, is manufactured according to the
latest regulations of the European Biocides Directive and has already been
approved by the civil aviation authority.

Pegasus Development AG intends to make further inroads into this market,
through the partnership with Nuevo and the newly created Pegastril-Nuevo brand www.pegastrilnuevo.ch.

The Swiss holding company is not limiting itself just to production and
distribution, but offering integrated solutions in the form of spray systems
and disinfection systems. The Swiss holding company has already started
production and, together with international technology companies, has secured
patents.

A number of orders for "human disinfection" devices have not only
been received but are already being delivered. In addition to government
inquiries from the Middle East and Africa, several European banks have
expressed interest in this technology for their branch networks.

Thanks in particular to the patents acquired, Pegasus Development AG
plans to become one of the most important global players, helping to shape the
market. Profits generated through the sale of technology licenses represent a
milestone at Pegasus Development AG and should give the company the decisive
advantage required, not only to assert itself against the competition, but to
play a central role in the industry in the long term.

The issuer is solely
responsible for the content of this announcement.