Kontrol Technologies Corp.'s Profile

If Google NEST is the leader in smart home technology, Kontrol Energy is the small cap leader in smart building technology. The company has an established blue chip customer base including; Beyond Meat, Oxford Properties, Brookfield Asset Management, Telus, Suncor Energy and many more.
Kontrol Technologies Corp.
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KNR
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Kontrol Technologies Corp.'s Bulletin

TORONTO , Sept. 9, 2021 /PRNewswire/ - Kontrol Technologies Corp. (KNR: NEO) (KNRLF: OTCQB) (FSE: 1K8) (" Kontrol " or the " Company "), a leader in smart building technology, today announced a record $6.5 million in revenue (unaudited) for the one month of August 2021 . "We delivered our highest revenue month in Kontrol's operating history based on strong organic growth and the consolidation of our recent acquisition," said Paul Ghezzi , CEO of Kontrol. "We remain focused on scaling the business across our operating portfolio and growing market share in the global smart buildings industry. Innovation is at the core of our business and the driving force behind the ongoing commercial building modernization cycle which we are uniquely positioned to capitalize on as we seek to create long term value for our shareholders." Strategic Plan The Company is executing on its strategic plan to innovate internally, accelerate organic growth through cross-sales opportunities, and make strategic value acquisitions on an opportunistic basis. Of particular emphasis is the continued growth of recurring revenues. BioCloud continues to be accretive to year-to-date revenues and the Company has recently entered into a partnership with Steelcase ( see press release dated August 16, 2021 ) which is set to launch this month.  As a leader in office technology, Steelcase provides an established dealer network that is approximately 40 times the size of Kontrol's current independent distributor network. New Innovation: Carbon Credit Platform The Company is accelerating its carbon credit platform innovation in preparation for a launch in the Fall of 2021.  Currently, organizations which seek out energy efficiency retrofit rebates from local utility companies will exchange ownership to carbon credits generated for those various rebates. Kontrol is establishing a new platform whereby those carbon credits associated with verifiable and measurable energy efficiency solutions and the associated greenhouse gas emission reduction can be monetized without the requirement for local utility incentives.  Customers will be able to participate with Kontrol in the monetization of those carbon credits. "The majority of large organizations have recognized the importance of improving their corporate sustainability initiatives and the need for reduction of greenhouse gas emissions in the building sector," continues Paul Ghezzi . "We look forward to adding value and incentivizing sustainable practices by offering a unique enhancement to monetize energy efficiency retrofits into carbon credits. We plan to deliver this through our existing energy retrofit technology solutions and the addition of a unique carbon credit monetization platform." Quarterly Financials The Company will report its financial statements for the third quarter ended September 30 th , 2021 on November 15 th , 2021, and will provide conference call dial-in details in the coming weeks. About Kontrol BioCloud TM Kontrol BioCloud is an operating subsidiary of Canadian public company Kontrol Technologies. The BioCloud technology is a real-time analyzer designed to detect airborne viruses and pathogens. BioCloud is an air quality technology and not a medical device. BioCloud has been designed to operate as a safe space technology by sampling the air quality continuously. With a proprietary detection chamber that can be replaced as needed, viruses are detected, and a silent notification system is created. BioCloud can be applied to any space where individuals gather. Additional information about Kontrol BioCloud can be found on its website at www.kontrolbiocloud.com . Kontrol Technologies Corp. Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides a combination of software, hardware, and service solutions to its customers to improve energy management, air quality and continuous emission monitoring. Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com . Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release contains "forward-looking information" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as "may", "will", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy. Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company and that technology will be as effective as anticipated. However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all; that those technologies will not prove as effective as expected; those customers and potential customers will not be as accepting of the Company's product and service offering as expected; and government and regulatory factors impacting the energy conservation industry. Kontrol BioCloud is an air quality technology and not a medical device. The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain the COVID-19 (or SARS-2 Coronavirus). Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date.  Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.    View original content to download multimedia: https://www.prnewswire.com/news-releases/kontrol-technologies-announces-record-revenues-of-6-5-million-for-month-of-august-2021--301372469.html SOURCE Kontrol Technologies Corp. Source: PR Newswire (September 9, 2021 - 9:02 AM EDT)News by QuoteMediawww.quotemedia.com
Adds customers in Australia , France , Belgium , Turkey , and Germany .Releases Software Update. TORONTO , Sept. 7, 2021 /PRNewswire/ - Kontrol Technologies Corp. (KNR: NEO) (KNRLF: OTCQB) (" Kontrol " or the " Company "), a leader in smart building technology, is expanding its BioCloud technology to new customers in Australia , France , Belgium , Turkey and Germany . "Real-time air quality monitoring and the need to create safer spaces has never been more important in order to get back to normal across the global economy," said Paul Ghezzi , CEO of Kontrol. "Innovation is at the heart of our business, and we are pleased to expand the use of our unique air quality technology by entering additional markets with new customers. We continue to enhance BioCloud through ongoing software updates and expanded applications. We are pleased with our updated independent lab testing and we will continue to focus on growing our IP moat by expanding our patent portfolio to create long-term value for our stakeholders. " Software Update Kontrol BioCloud has released its new software update focused on an improved graphical user interface, enhancements to data logging, data exporting and more. Software releases are planned for up to three times per year with continuous enhancements and new features based on customer feedback. Independent Lab Testing As previously announced, Kontrol is providing an update on its independent lab testing and performance results, of which the Company is pleased with the status.  A summarized copy can be found at www.kontrolbiocloud.com/research .  The full report is provided to various Government entities and potential significant customers under Non-Disclosure Agreement. Technology Extension The Company has submitted an application for Government funding for Research and Development relating to an extension of the BioCloud technology for real-time sampling and early viral detection in critical water infrastructure. The Company has initiated a prototype application based on the existing architecture of the Kontrol BioCloud technology. " There are numerous applications for the BioCloud technology we are reviewing as part of ongoing research and development, including water infrastructure and agricultural," said Gary Saunders , President of Kontrol BioCloud. "We are reviewing each of these carefully and will seek Government funding as may be available to support applicable Research and Development." About Kontrol BioCloud TM Kontrol BioCloud is an operating subsidiary of Canadian public company Kontrol Technologies. The BioCloud technology is a real-time analyzer designed to detect airborne viruses and pathogens. BioCloud is an air quality technology and not a medical device. BioCloud has been designed to operate as a safe space technology by sampling the air quality continuously. With a proprietary detection chamber that can be replaced as needed, viruses are detected, and a silent notification system is created. BioCloud can be applied to any space where individuals gather including classrooms, offices, retirement homes, hospitals, mass transportation and others. Additional information about Kontrol BioCloud can be found on its website at www.kontrolbiocloud.com Kontrol Technologies Corp. Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides a combination of software, hardware, and service solutions to its customers to improve energy management, air quality and continuous emission monitoring. Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.
PR Newswire BioCloud Technology to be Implemented in Club Facilities; Partnership to include Joint Marketing Campaign with BioCloud and VfL Wolfsburg TORONTO , Aug. 31, 2021 /PRNewswire/ - Kontrol Technologies Corp. (KNR: NEO) (KNRLF: OTCQB) (" Kontrol " or the " Company "), a leader in smart building technology has been selected by German professional soccer team VfL Wolfsburg for the deployment of BioCloud in the training and club facilities to support the health and safety of their team, guests and employees. VfL Wolfsburg is a top ranked German professional team owned by car manufacturer Volkswagen and will participate in the upcoming Champions League season. "We are very pleased to make our entry into European professional sports, and the sport of soccer in particular, with such an accomplished partner as VfL Wolfsburg," said Paul Ghezzi , CEO of Kontrol. "We look forward to showcasing BioCloud and its many advantages of monitoring training rooms and facilities for early viral detection. Ensuring the overall health and safety of athletes and employees is a critical priority for all athletic organizations, and we are encouraged by the increasing adoption of Kontrol's technology on a global scale." "We are excited to have BioCloud as part of our plans and implementations to help safeguard the health and well being of our athletes, guests and employees in our facilities," says Michael Meeske , Managing Director at VfL Wolfsburg. "BioCloud is a very unique technology which fits well with our overall health and safety protocols. We look forward to sharing the BioCloud application to our VfL community and partner network as well as the broader soccer community at large to jointly create safer spaces within our ecosystem." Kontrol and Wolfsburg will work together to advocate for the safe space technology and jointly market the BioCloud application globally and BioCloud will join VfL as an official partner for the 2021-2022 soccer season of their men's and women's team. About VfL WolfsburgVfL Wolfsburg is a German professional soccer club based in Wolfsburg, Lower Saxony and was founded in 1945. The club originally grew out of a multi-sports club for Volkswagen workers in the city of Wolfsburg and the soccer division is a wholly owned subsidiary of Volkswagen since 2001. The men's professional soccer team participates in the Bundesliga, the top tier of the German soccer league system. Wolfsburg have won the Bundesliga once in their history in the 2008–09 season, the DFB-Pokal (German Cup) in 2015 and the DFL-Supercup in 2015. Since 2002, VfL Wolfsburg's stadium is the Volkswagen Arena that has a capacity of 30.000. The women's team of VfL Wolfsburg is widely known for being one of the most successful and decorated teams in the recent decade and regularly competes at the highest level of European soccer. About Kontrol BioCloud TMKontrol BioCloud is an operating subsidiary of Canadian public company Kontrol Technologies. The BioCloud technology is a real-time analyzer designed to detect airborne viruses and pathogens. BioCloud has been designed to operate as a safe space technology by sampling the air quality continuously. With a proprietary detection chamber that can be replaced as needed, viruses are detected, and a silent notification system is created. BioCloud can be applied to any space where individuals gather including classrooms, offices, retirement homes, hospitals, mass transportation and others. Additional information about Kontrol BioCloud can be found on its website at www.kontrolbiocloud.com . Kontrol Technologies Corp.Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides a combination of software, hardware, and service solutions to its customers to improve energy management, air quality and continuous emission monitoring. Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com . Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release contains "forward-looking information" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as "may", "will", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy. Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company and that technology will be as effective as anticipated. However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all; that those technologies will not prove as effective as expected; those customers and potential customers will not be as accepting of the Company's product and service offering as expected; and government and regulatory factors impacting the energy conservation industry. Kontrol BioCloud is an air quality technology and not a medical device. The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain the COVID-19 (or SARS-2 Coronavirus). Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date.  Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.  View original content to download multimedia: https://www.prnewswire.com/news-releases/kontrol-technologies-selected-by-german-professional-soccer-team-vfl-wolfsburg-to-provide-real-time-air-quality-and-viral-monitoring-301365694.html SOURCE Kontrol Technologies Corp.  
TORONTO , Aug. 27, 2021 - Kontrol Technologies Corp. ( NEO: KNR ) ( OTCQB: KNRLF ) ( FSE: 1K8 )  (" Kontrol " or the " Company ") a leader in smart buildings and cities through IoT, Cloud and SaaS technologies, established its first recurring revenues from its recent acquisition, Global HVAC and Automation (" Global ") and continued market expansion of its BioCloud technology. "Global has folded seamlessly into the Kontrol platform, having already started to grow our recurring revenue base in the several weeks since closing the acquisition," said Paul Ghezzi , CEO of Kontrol. "We are pleased to already see value generation from this business and look forward to delivering on further operational synergies. In addition, our substantial progress with the expansion of our innovative BioCloud technology continues to materialize in both the public and private sector." HDIAC (Homeland Defense & Security Information Analysis Center) Through its previously announced agreement with Marshall Communications, Kontrol responded to an enquiry for BioCloud from the HDIAC.  The response includes updated independent lab testing for BioCloud and research, as detailed below, and was managed by the Marshall Communications team. New Recurring Revenue Win The acquisition of Global provides an opportunity for Kontrol to continue to grow its recurring revenue platform. Global has traditionally focused on large projects while outsourcing building service and software revenues to third parties. By bringing those projects in house through a vertical integration strategy, Kontrol seeks to benefit from additional margin growth. Typically, Kontrol operates its building service platform at approximately 60% gross margin. Kontrol is pleased that it established its first recurring service customer with the assistance of Global in a short period of time and is quoting many other opportunities with Global. Service agreements can range from $125,000 to $150,000 per annum and span multi-years for Global's customer base. Updated Lab Testing and Report Kontrol BioCloud recently completed 8 months of independent lab testing and its research is being shared with various levels of Government and key distribution partners under NDA.  A summary of the updated research will be published to Kontrol's website following legal and patent review. The independent lab testing was conducted at a leading Canadian University. Health Canada As previously announced, the BioCloud testing at a Health Canada Level 4 lab, at the request of various Government organizations, is ongoing. The Company has no control over the timing of the testing. To be invited to test at a Level 4 lab is a great accomplishment, given BioCloud is not a medical device. The Company will provide the results when it receives them. As BioCloud is not a medical device, it does not require Health Canada or FDA approvals. Steelcase Inc. As Kontrol mobilizes for the Biocloud launch with Steelcase Inc. (" Steelcase "), the Company is preparing new videos and joint marketing materials for Steelcase's impressive distribution network. Kontrol expects to share those materials shortly and appreciates the efforts from the Steelcase marketing and operations team. Annual General Meeting The Company has set its Annual General Meeting date for Thursday, September 30 th , 2021. The Information Circular and other meeting documents and forms are scheduled to be mailed out on August 31 st , 2021. About Kontrol Technologies Corp. Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides a combination of software, hardware, and service solutions to its customers to improve energy management, air quality and continuous emission monitoring. Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com . About Kontrol BioCloud TM Kontrol BioCloud (" BioCloud ") is a real-time analyzer designed to detect airborne pathogens. It has been designed to operate as a safe space technology by sampling the air quality over time. With a proprietary detection chamber that can be replaced as needed, viruses are detected, and an alert system is created. BioCloud has been designed for spaces where individuals gather including classrooms, offices, retirement homes, hospitals, mass transportation and others. Additional information about Kontrol BioCloud can be found on its website at www.kontrolbiocloud.com Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release contains "forward-looking information" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as "may", "will", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy. Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company and that technology will be as effective as anticipated. However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all; that those technologies will not prove as effective as expected; those customers and potential customers will not be as accepting of the Company's product and service offering as expected; and government and regulatory factors impacting the energy conservation industry. Kontrol BioCloud is an air quality technology and not a medical device. The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain the COVID-19 (or SARS-2 Coronavirus). Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date.  Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.