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Kontrol Technologies Corp N.KNR

Alternate Symbol(s):  KNRLF

Kontrol Technologies Corp. is a provider of energy management, continuous air quality and emission solutions to commercial and industrial consumers. It delivers building intelligence through the Internet of things (IoT), software and cloud technology as well as project integration. Its smart technology is deployed to customers through a cloud-based interface accessible on desktops and mobile devices. It collects real-time and historical data using IoT sensors and direct connection to industrial control systems, bringing various sources of asset performance data into the cloud where smart-learning software is applied to optimize performance. The Company, through CEM Specialties Inc., offers turn-key emission monitoring equipment, integration design, manufacturing, service, repairs, and on-site performance certification testing. It offers building heating, ventilation, and air conditioning integration, automation and retrofits to enhance the energy efficiency of buildings and facilities.


NEO:KNR - Post by User

Post by wilanderon Jun 16, 2021 8:25am
170 Views
Post# 33394238

NEWS: New Contract in the Middle East

NEWS: New Contract in the Middle EastPR NEWSWIRE Kontrol Wins Continuous Emission Monitoring Order in Kuwait 06/16/2021 8:15:00 AM Company Broadens Global Presence through Initial $450,000 Contract with New Customer TORONTO, June 16, 2021 /PRNewswire/ - Kontrol Technologies Corp. (NEO: KNR) (OTCQB: KNRLF) (FSE:1 K8) ("Kontrol" or the "Company"), a leader in smart buildings and cities, is pleased to announce that through its wholly owned subsidiary, CEM Specialties Inc. ("CEMSI"), it has been awarded a new order for the supply of multiple continuous emission monitoring systems for an oil and gas customer in Kuwait. "This order with a new customer represents our continued expansion into the $2.5 billion USD global emission monitoring system market, with Kontrol's Middle East footprint now including Kuwait," says Paul Ghezzi, CEO of Kontrol Technologies. "Our strategy is focused on deploying our environmental monitoring and building technologies in large energy markets, and this initial sale serves as a prime example of our ability to do so effectively. Through our proprietary software, we will provide the customer with ongoing data and analytics needed to effectively monitor ongoing emissions which is paramount to enterprises within the oil and gas industry." The system will be delivered in Q3 2021 with the assistance of local installation teams. Continuous emission monitoring systems are engineered and built to meet the demanding regulatory needs for the determination of gas emissions, particulate matter concentration, or emission rate using optical based pollutant analyzer measurements. In addition, continuous emission monitoring systems include software and algorithms and graphic trending to produce results in units of the applicable regulatory emission limitation or standard. Through its wholly owned subsidiary CEMSI, Kontrol is delivering solutions to customers in Canada, USA, Mexico, and the Middle East.
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