Mr. Paul Ghezzi reports

KONTROL ENERGY TO EXPAND ITS IOT ENERGY ANALYTICS PLATFORM TO CANADA THROUGH THE TELUS IOT MARKETPLACE

Kontrol Energy Corp. will offer its Internet of things energy management and analytics platform to enterprise customers in Canada on the Telus IoT marketplace. Kontrol currently provides its energy management and analytics services to three Telus data centres.

"Following our recent acquisition of the iDimax SaaS technology, Kontrol now operates in more than 180 commercial buildings, spanning over 12 million square feet of real estate," says Paul Ghezzi, chief executive officer of Kontrol Energy. "With more than 15 years of operating track record and more than 15 billion data records collected and analyzed, Kontrol's energy software technology has delivered more than 500 million kilowatt hours of energy savings and the equivalent of 300,000 tonnes of CO2 reduction annually."

Through its real-time energy monitoring and smart algorithms, the Kontrol energy software technology provides deep energy savings through optimization, improves energy asset performance and can extend energy asset useful life. Unique features of the energy software technology include simple and non-invasive installation, ability to integrate and communicate with existing building automation systems, 15 years of rich data comparatives, robust integrated dashboards and detailed reporting. Kontrol is also further developing existing smart algorithms to provide artificial intelligence (AI) enhancements to its energy software technology. Customers gain immediate visibility into the overall energy performance, building performance and corresponding GHG emissions.

The global industrial IoT market is expected to reach $933.62-billion (U.S.) by 2025, according to Grand View Research Inc. Growth is being driven by the demand to enhance operational efficiency, improve visibility and enhance data analysis for more predictive outcomes.

About Kontrol Energy Corp.

Kontrol Energy is a leader in energy efficiency through Internet of things, cloud and blockchain technology. With a disciplined mergers and acquisition strategy, combined with organic growth, Kontrol Energy provides market-based energy solutions to its customers designed to reduce their overall cost of energy while providing a corresponding reduction in greenhouse gas (GHG) emissions.

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