AirTest IAQEye(TM) Approved for Save on Energy Subsidy Delta, British Columbia--(Newsfile Corp. - March 1, 2023) - ATI AirTest Technologies Inc. (TSXV: AAT) (OTC Pink: AATGF) ("AirTest" or the "Company") CEO Ted Konyi is pleased to announce that the Company's IAQEye™ Demand Control Ventilation (DCV) solution has been approved by Save On Energy for a 50% subsidy. The DCV solution is intended to be installed at a numerous shopping malls in Ontario.
The CEO went on to comment, "DCV is a well-known protocol for measuring CO2 in temperature-controlled spaces. The idea is a simple one, to measure CO2 levels to adjust the amount of ventilation required. This typically results in a reduction of the amount of outside air required based on the population of the space. This protocol can be very effective in reducing energy costs by limiting the heating and cooling of outdoor air for the amount that's required based on the number of people in a space. DCV is particularly successful in buildings that have high population, variability, such as retail stores, schools, theaters, conference centers, and airports. Generally, it can yield a 30 to 40% reduction in energy costs. While DCV has been applied in many situations, the wireless solution that AirTest is now providing has reduced the cost of installation… running the wires and conduit, and the labour associated with it… that made it expensive and in many cases uneconomic. Our wireless solution cuts the costs in half. The subsidy from Save On Energy further reduces the cost by an additional 50%. This should give the customer a payback period of close to one year. Of course, it will also assist the customer in reducing their carbon footprint, a major new initiative in today's world."
AirTest IAQEye(TM) Approved for Save on Energy Subsidy (newsfilecorp.com)