STOCK TITAN

Rowing Canada Aviron teams up with Kontrol BioCloud to protect Olympic and Paralympic hopefuls

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Kontrol Technologies Corp. (CSE: KNR, OTCQB: KNRLF) announced a partnership with Rowing Canada Aviron (RCA) to implement its BioCloud technology in the National Team Training environment. This innovative system detects airborne pathogens, including COVID-19, and will be installed at the Pacific Institute for Sport Excellence in Victoria, BC. CEO Paul Ghezzi states this technology aims to enhance safety for athletes during training. RCA praised BioCloud as a critical addition to their existing COVID protocols, fostering a safer training environment for Olympic and Paralympic hopefuls.

Positive
  • Partnership with Rowing Canada Aviron to enhance safety protocols.
  • Implementation of BioCloud technology fits into ongoing COVID-19 safety measures.
  • Potential for increased adoption of technology in sports and other sectors.
Negative
  • None.

TORONTO, April 13, 2021 /PRNewswire/ - Kontrol Technologies Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) ("Kontrol Technologies" or "Kontrol" or "Company") announces that Rowing Canada Aviron ("RCA") is teaming up with Kontrol BioCloud to pilot its Safe Space Technology™ in the National Team Training environment. The Kontrol BioCloud viral detection technology is designed as a real-time analyzer to detect airborne pathogens, such as COVID-19. The system will be installed in the erg dome and medical treatment centre at the Pacific Institute for Sport Excellence in Victoria, BC.

"We developed BioCloud to help us get back to normal across all sectors of the economy, including athletics and sports," said Kontrol CEO, Paul Ghezzi.  "We are delighted to share our Safe Space Technology with RCA and help create safer spaces for athletes."

"Adding the Biocloud technology into our training centre will add another critical layer of safety and confidence to our existing Covid protocols," said Tricia McBride, RCA Lead Physiotherapist. "This technology will help our medical staff ensure our athletes are training in the safest environment possible and allow our athletes to focus on their training without worrying about the air they are breathing."

National team rowers have been training under strict COVID-19 protocols since the re-opening of the National Training Centre last May. Protocols include small training groups, masking, social distancing, handwashing, and thorough sanitizing of all equipment. The trialing of this innovative technology will further enhance the safety of these environments and ensure that our Olympic and Paralympic hopefuls can continue focusing on their training in the lead up to Tokyo. www.rowingcanada.org. 

About Kontrol BioCloudTM

BioCloud is a real-time analyzer designed to detect airborne viruses. It has been designed to operate as a safe space technology by sampling the air quality over time. With a proprietary detection chamber that can be replaced as needed, viruses are detected, and an alert system is created in the Cloud or over local intranet. BioCloud has been designed for spaces where individuals gather including classrooms, offices, retirement homes, hospitals, mass transportation and others. Additional information about Kontrol BioCloud can be found on its website at www.kontrolbiocloud.com.

About Kontrol Technologies Corp.

Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol Technologies provides a combination of software, hardware, and service solutions to its customers to improve energy management, air quality and continuous emission monitoring.

Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com

Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains "forward-looking information" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as "may", "will", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy. 

Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company and that technology will be as effective as anticipated.

However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all, that technologies will not prove as effective as expected, that customers and potential customers will not be as accepting of the Company's product and service offering as expected, and government and regulatory factors impacting the energy conservation industry. . Kontrol BioCloud is an air quality technology and not a medical device. The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain the COVID-19 (or SARS-2 Coronavirus).

Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date.  Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/rowing-canada-aviron-teams-up-with-kontrol-biocloud-to-protect-olympic-and-paralympic-hopefuls-301267860.html

SOURCE Kontrol Technologies Corp.

FAQ

What is the purpose of the partnership between Kontrol Technologies and Rowing Canada Aviron?

The partnership aims to implement Kontrol's BioCloud technology to enhance safety protocols against airborne pathogens like COVID-19.

Where will the BioCloud technology be installed?

The BioCloud technology will be installed at the Pacific Institute for Sport Excellence in Victoria, BC.

How does Kontrol's BioCloud technology work?

BioCloud is a real-time analyzer designed to detect airborne pathogens, providing alerts regarding air quality.

When was the partnership between Kontrol Technologies and RCA announced?

The partnership was announced on April 13, 2021.

What are the stock symbols for Kontrol Technologies?

Kontrol Technologies is traded under the symbols CSE: KNR, OTCQB: KNRLF.

KONTROL TECHNOLOGIES CORP

OTC:KNRLF

KNRLF Rankings

KNRLF Latest News

KNRLF Stock Data

7.42M
49.58M
11.96%
Information Technology Services
Technology
Link
United States of America
Vaughan