KONTROL TECHNOLOGIES CORP - KNRLF STOCK NEWS

Steelcase (NYSE: SCS) has announced an exclusive agreement with Kontrol Technologies Corp (OTCQB: KNRLF) to introduce the Kontrol BioCloud® technology for airborne pathogen detection in workplaces across the U.S. and Canada. This partnership enables real-time monitoring of pathogens like SARS-CoV-2, aiming to enhance safety as organizations resume office operations. The BioCloud technology samples air continuously, immediately notifying employers of any detected viruses. Starting September, this innovative technology will be accessible exclusively through Steelcase's dealer network.

Kontrol Technologies Corp. (KNRLF, NEO: KNR) will announce its financial results for the six months ending June 30, 2021, on August 16, 2021, after market close. The complete financial statements and management analysis will also be filed on SEDAR. A conference call will follow at 4:30 PM EST on the same day, led by CEO Paul Ghezzi and CFO Claudio Del Vasto. Interested parties can join via provided contact details. Kontrol Technologies focuses on smart building solutions utilizing IoT, Cloud, and SaaS technologies.

Kontrol Technologies Corp. (OTCQB: KNRLF) will present at the Sidoti Microcap Conference on August 19, 2021, at 9:15 AM ET. The company, a leader in smart buildings through IoT and SaaS technology, aims to showcase its innovations during a virtual presentation.

CEO Paul Ghezzi will also engage in virtual one-on-one meetings during the event. For more information and to schedule meetings, visit the conference's registration page.

Kontrol Technologies Corp. (KNRLF) has announced the acquisition of Global HVAC & Automation Inc. for $7.25 million. This acquisition results in a record revenue order book of $155 million, which is poised to drive significant growth for Kontrol. Anticipated revenues for 2021 are expected to reach $38 million, up from $13 million in 2020, with projections of $65 to $70 million for 2022. The acquisition is expected to enhance Kontrol's service offerings and create cross-selling opportunities, strengthening its position in smart building technologies.

Kontrol Technologies Corp. (KNRLF) has been selected by the Sarnia Sting, an Ontario Junior Hockey team, to implement its BioCloud technology in training facilities and locker rooms. This real-time air quality and viral monitoring solution aims to enhance health and safety by detecting airborne pathogens, including viruses like Covid-19. CEO Paul Ghezzi emphasized the growing interest in BioCloud technology, supporting safer spaces for athletes. This partnership reflects Kontrol's continued expansion in the sports sector and highlights the importance of health protocols in athletic environments.

Kontrol Technologies Corp. (NEO: KNR, OTCQB: KNRLF) will host a shareholder update presentation on August 5, 2021, at 12:00 p.m. Eastern Time. CEO Paul Ghezzi will discuss the company’s solutions, business model, and growth initiatives. To join the webinar, use the dial-in number 1-877-407-9208 or access via the provided webcast link. A replay will be available post-webinar until September 5, 2021. Kontrol Technologies specializes in smart building technologies through IoT, Cloud, and SaaS, focusing on energy management and emission monitoring.

Kontrol Technologies Corp. (KNRLF) announced the receipt of $800K in funding from the Ontario Together Fund, completing a total of $2 Million secured for its BioCloud technology. This funding will enhance real-time air quality monitoring and pathogen detection as businesses prepare for reopening. The BioCloud system is designed to monitor various air quality parameters, supporting safe work and public spaces. CEO Paul Ghezzi emphasized the importance of air quality in ensuring peace of mind for employees and customers alike.

Kontrol Technologies Corp. (OTCQB: KNRLF) announced a purchase agreement to acquire a leading building solutions company for $6.75 million, enhancing its operations in smart buildings and cities. The Acquisition Company has audited revenues of $43 million in 2020 and a contracted order book of $120 million over three years, with a growth rate exceeding 20%. The deal includes $3.25 million in cash and $3.5 million as vendor take back financing. This acquisition aims to generate synergies, enhance recurring revenue, and create long-term shareholder value.

Kontrol Technologies Corp. has established a sales channel into U.S. Government procurement via the NIH CIO-CS GWAC, allowing government agencies to acquire its products. CEO Paul Ghezzi highlighted that this streamlines procurement processes for their technologies, which focus on environmental monitoring and energy efficiency. Currently, products like Kontrol BioCloud units and SmartSuite are available for purchase through this channel. The company aims to serve federal agencies as the U.S. prioritizes safe indoor environments and energy waste reduction.