Mr. Paul Ghezzi reports

KONTROL ENERGY'S OPERATING SUBSIDIARY CEMSI RECEIVES $1.1 MILLION EMISSIONS ANALYZER ORDER FROM GLOBAL CEMENT COMPANY

Kontrol Energy Corp.'s leading emission integration operating subsidiary has received a new $1.1-million order from a global cement company. The emission analyzer delivers continuing regulatory compliance and process data to meet strict government requirements, and reduce fuel and energy costs associated with production. CEM Specialties Inc. (SEMSI), acquired in September, 2018, is a recognized leading integrator of turnkey continuous emissions and process monitoring equipment solutions, servicing the Canadian and U.S. market. Currently, up to 40 per cent of CEMSI's revenues are recurring under multiyear service agreements.

"This is a significant new order for the CEMSI operating team and adds to a growing vertical line of business in emissions compliance," commented Paul Ghezzi, chief executive officer of Kontrol Energy.

For industry-competitive purposes, the global cement company will not be disclosed.

"With the addition of CEMSI to the Kontrol operating group, we have added revenue and earnings by acquisition, but also an exciting opportunity to expand organic growth in both the USA and global markets," concluded Mr. Ghezzi.

About Kontrol Energy Corp.

Kontrol Energy is a leader in energy efficiency through Internet of things, cloud and blockchain technology. With a disciplined merger 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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