Kontrol Technologies Corp N.KNR

RE:RE:Kontrol Biocloud Update

[CTM1967]

canyousayiii wrote: Moving in the right direction. Halving the cost of the cartridge is a significant step and needs to continue. They need to get the cost of the unit down significantly as well. I think it is clear to everyone that everyone would agree that when the technology is described, people think it is great, but I am pretty sure that the price tag prevents the vast majority from thinking it is great to spending the money on it. Human nature, common sense. Everything has a price tag, and for many the price tag is simply too high. Anyhow, I don't think things can be worse for BioCloud in terms of sales.

wilander wrote:

Kontrol Technologies to Deliver BioCloud Software Update Adds New Health Care Distribution Partner and Advances Replacement Cartridge Longevity

Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”), a leader in smart building technology, is providing an updated version of the BioCloud operating software, adds a new health care distribution partner and advances the BioCloud replacement cartridge longevity.

“The most recent software update for BioCloud adds a number of new features based on customer feedback and demand. In addition, we have advanced the BioCloud technology to approximately double the longevity of the replacement cartridges,” said Paul Ghezzi, CEO of Kontrol Technologies. “We have learned a great deal from our operating units in the field and we continue to develop enhancements which are driven by the needs of our customers. We are also pleased to add a new health care distribution partner as BioCloud continues to attract global interest as a leading ambient air monitoring technology for viruses and pathogens.”

BioCloud Software Update

The updated version of the BioCloud software includes important improvements to the overall operation of the technology including advanced optical response data and analytics in real-time. Additional smart algorithms have been developed to map sensitivity against established baselines with the ability to reset baseline sensitivity in real-time. The software update will be issued as an OTA (over-the-air) update on or around December 13, 2021.

Replacement Cartridge Longevity Enhancement Reduces Operating Costs by up to 50%

Prior to the most recent software updates the BioCloud replacement cartridges were able to operate continuously until a singular positive viral or pathogen detection event. With the new version of the software the replacement cartridges can now be deployed for up to 2 detection events in the majority of cases.

“Our customers had requested that the BioCloud replacement cartridges be designed for potential multiple detection events. This important enhancement can effectively reduce the long-term operating costs of BioCloud by up to fifty percent,” said Gary Saunders, President of Kontrol BioCloud. “We are continuously working with our customers to deliver advances which are important to them and how they use the BioCloud technology.”

New Distribution Partner

Kontrol BioCloud has added a health organization in the Middle East as a new distribution partner. Under the terms of the distribution agreement the distribution partner will receive certain regional Government exclusivity for any Government orders for a period of up to 6 months. The new distribution partner operates health clinics in the Middle East with more than 20,000 doctors, healthcare workers and caregivers. The distribution partners name will remain confidential for industry competitive purposes.

as far as cost of the product goes yes it would be nice to have a lower pricetag the fact is that this is new and groundbreaking technology.... how much did the first personal computers cost/ flat screen TV's/ cell phones so alongside with BC being a new inovative product as well as groundbreaking in regards to a real time detector of a deadly virus i would say the pricetag at this point is reasonable if not cheap .... its not like the other devices i mentioned above were made to protect and save lives!!!????

innovation and product upgrades like the one in this NR are great and will set BC apart from competitors which are sure to enter the market at some point.

lets not forget BC is not developed for the home consumer at this point possibly in the future so yes when you look at it through those eyes $15 k is expensive ...or is it? again i remember first flat screens sold for $10k+ and people bought them