TORONTO–(Business WIRE)–Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”), a chief in sensible structures and towns through IoT, Cloud and SaaS technological know-how, is increasing its BioCloud technological know-how world wide footprint with a Japan-based trading business.
“BioCloud proceeds to garner international curiosity presented the escalating, ubiquitous require for making safer areas and checking of heating, cooling and air flow systems (HVAC) in genuine-time,” reported Paul Ghezzi, CEO of Kontrol Technologies.
Kontrol is partnering with a nicely-founded buying and selling corporation in Japan that has a 60-calendar year historical past of large-scale deployment of HVAC and air excellent techniques. Kontrol and the trading corporation are negotiating a distribution arrangement and are presently working collectively for technological know-how demonstrations in the location. A distribution settlement is expected to be accomplished in February 2022. The buying and selling company will not be named for industry aggressive needs.
Supplemental Testing Update
Following the push release dated January 5th, 2022, Kontrol has supplied an update on supplemental general performance tests of the BioCloud technology at a amount two lab. The added screening was executed in conjunction with new interface functions which had been made to be utilized and shared by scientists and applicable customers to validate the presence of the SARS-CoV-2 virus, and the stage of detection response to superior identify the security of an location, and success of recent website protection protocols. A copy of the up-to-date exploration is offered at https://kontrolbiocloud.com/summarytesting0113
The Business is not earning any categorical or implied promises that its product or service has the skill to eliminate, heal or consist of the COVID-19 (or SARS-2 Coronavirus).
About Kontrol BioCloudTM
Kontrol BioCloud (“BioCloud”) is an working subsidiary of Canadian community company Kontrol Systems. The BioCloud technologies is a actual-time analyzer designed to detect airborne viruses and pathogens. BioCloud is an air top quality technologies and not a professional medical machine. BioCloud has been designed to work as a safe and sound room technology by sampling the air high-quality continuously. With a proprietary detection chamber that can be replaced as desired, viruses are detected, and a silent notification method is produced. Supplemental facts about Kontrol BioCloud can be uncovered on its web page at www.kontrolbiocloud.com
Kontrol Technologies Corp.
Kontrol Technologies Corp. is a leader in smart buildings and metropolitan areas by way of IoT, Cloud and SaaS technological innovation. Kontrol presents a mix of software program, hardware, and provider options to its shoppers to improve vitality administration, air high quality and continuous emission checking.
Supplemental information and facts about Kontrol Technologies Corp. can be identified on its web page at www.kontrolcorp.com and by examining its profile on SEDAR at www.sedar.com.
Neither IIROC nor any inventory exchange or other securities regulatory authority accepts responsibility for the adequacy or precision of this release.
Forward-Hunting Statements
This information launch contains “forward-searching information” inside the meaning of applicable securities guidelines. All statements contained herein that are not clearly historic in nature could constitute ahead-looking information and facts. In some circumstances, forward-hunting information can be identified by phrases or phrases these kinds of as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these phrases, or other similar terms, expressions, and grammatical variations thereof, or statements that specified gatherings or disorders “may” or “will” come about, or by conversations of technique.
Exactly where Kontrol expresses or indicates an expectation or belief as to upcoming functions or final results, this kind of expectation or perception is centered on assumptions created in great religion and believed to have a acceptable basis. These assumptions involve, with out limitation, that enough funds will be accessible to the Company and that technological innovation will be as effective as anticipated.
Nevertheless, forward-searching statements are issue to pitfalls, uncertainties, and other things, which could cause actual effects to vary materially from long run success expressed, projected, or implied by these ahead-on the lookout statements. These kinds of threats contain, but are not confined to, that adequate money and financing can’t be attained on affordable phrases, or at all that individuals systems will not confirm as effective as expected all those consumers and prospective shoppers will not be as accepting of the Company’s item and company offering as predicted and federal government and regulatory variables impacting the electrical power conservation marketplace. Kontrol BioCloud is an air top quality engineering and not a medical system. The Organization is not generating any specific or implied claims that its product or service has the skill to do away with, remedy or consist of the COVID-19 (or SARS-2 Coronavirus).
Appropriately, undue reliance should really not be put on ahead-wanting statements and the forward-looking statements contained in this push launch are expressly skilled in their entirety by this cautionary statement. The forward-hunting statements contained herein are made as at the day hereof and are based on the beliefs, estimates, expectations, and thoughts of administration on these kinds of date. Kontrol does not undertake any obligation to update publicly or revise any these ahead-hunting statements or any ahead-seeking statements contained in any other paperwork no matter if as a outcome of new data, potential occasions or in any other case or to explain any content variance among subsequent genuine events and this sort of ahead-on the lookout information and facts, other than as essential underneath applicable securities regulation. Viewers are cautioned to contemplate these and other variables, uncertainties, and possible activities meticulously and not to place undue reliance on ahead-on the lookout info.
