Delta, British Columbia--(Newsfile Corp. - April 4, 2023) - ATI AirTest Technologies Inc. (TSXV: AAT) (OTC Pink: AATGF) ("AirTest" the "Company") CEO Ted Konyi is pleased to announce that the Company has agreed to an initial install in a specialty food store group in Toronto, Ontario.
The install is expected to be completed in the coming two weeks and will be monitored for a two month period to confirm anticipated results. The project will be managed by Star Energy, recently announced as a partner to AirTest. Should results confirm the anticipated savings, this chain of specialty food stores will look to install across all locations, numbering in excess of 30.
Lorne Stewart, AirTest's President, commented, "We have been working with the CEO of the food stores chain and Kuldeep Saxena of Star Energy to develop this pilot over the last month. An initial site has been chosen and our equipment is now with the installation group. After proving efficacy using sub-meters, the chain are expected to move forward with all other locations. We are also anticipating that there will be subsidies available from Save On Energy and Enbridge to support the cost of installation and reduce the payback period. This will be a great reference site for the company in Ontario."
About AirTest: AirTest Technologies is a Green-Tech company specializing in Demand Control Ventilation systems that improve commercial building operating efficiency and generate proven energy savings. The company has developed new wireless sensors with dynamic real-time communication and control technologies, which builds upon ten years of experience and thousands of installations amongst clients such as Lowe's, Shoppers Drug Mart and Ikea. Airtest solutions provide data on levels of Indoor Air Quality required by Schools, Retail Stores and Offices.
For further information, please contact:
Mr. Ted Konyi, CEO
Phone: (604) 225 2209
Fax: (604) 517 3900
Email: ted.konyi@airtest.com
Website: www.airtest.com
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This news release contains "forward-looking statements". Forward-looking statements are projections of financial performance or future events. Forward-looking statements can be identified by the use of words such as "expect", "anticipate", "intend", "plan", "believe", "estimate" and words of similar meaning. Forward-looking statements are based on management's current expectations and assumptions and they are subject to risks that may cause actual results to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include those concerning the Company's belief in the energy savings that can be achieved through installation of the Company's products and that these installations lead to reduced maintenance, downtime expenses, future cost savings, and improvements in the bottom line. These statements are subject to risks that may cause the actual results to be materially different in future periods from those expressed or implied by such forward-looking statements. Risks that may prevent or delay the forward-looking statements from coming to fruition as anticipated include the availability of working capital, risks inherent in product development, as well as market factors that may increase costs or time to market. It is our policy not to update forward-looking statements except to the extent required under applicable securities laws. Further information on the Company is available at www.sedar.com or at the Company's website, www.airtest.com.
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