On April 1, 2021 IIOT-OXYS, Inc. entered into an Employment Contract with Chandran Seshagiri, pursuant to which Mr. Seshagiri was appointed as the company's Interim Chief Technology Officer to replace the departing Antony Coufal. The term of the Employment Contract is from April 1, 2021 to June 30, 2021 and Mr. Seshagiri will be providing services on a part-time basis. Effective March 31, 2021 the company entered into a Termination Agreement with Antony Coufal, the company's Chief Technology Officer pursuant to which Mr. Coufal resigned as CTO and from all positions within the Company and any of its subsidiaries. On April 6, 2021, the Company issued a press release announcing the appointment of Chandran Seshagiri as the company's Interim CTO and the departure of Mr. Coufal.
IIOT-OXYS, Inc. is a technology company. The Company is engaged in industrial Internet of things (IIOT), artificial intelligence (AI) and machine learning, edge computing and manufacturing operations. It provides actionable mission-critical insights for the Medical/Pharmaceutical, Manufacturing, Agriculture, Defense, and Structural Health, and other industries. It uses domain-specific AI to solve industrial and environmental challenges. The Company helps its customers maintain machine uptime and increase operational efficiency. Its engineered solutions focus on common sense approaches to machine learning, algorithm development and hardware and software products. The Company designs a system of hardware and software, assembles, installs, monitors data and applies its algorithms to help provide customer insight. It develops algorithms that help its customers create insights from data streams. The Company's wholly owned subsidiaries are OXYS Corporation and HereLab, Inc.