09:34:35 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Kontrol Energy Corp
Symbol KNR
Shares Issued 29,055,242
Close 2019-01-29 C$ 0.61
Market Cap C$ 17,723,698
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Kontrol Energy launches SmartMax worldwide

2019-01-30 08:51 ET - News Release

Mr. Forbes Silverthorne reports

KONTROL ENERGY ENTERS GLOBAL MARKET WITH THE LAUNCH OF SMARTMAX ENERGY GATEWAY

Kontrol Energy Corp. has launched its Internet of things technology for commercial, multiresidential and hospitality real estate markets worldwide.

Kontrol's new SmartMax energy gateway

SmartMax is an intelligent energy technology that connects with and speaks to building automation systems and HVAC equipment, and immediately exports data to Kontrol's cloud-based energy management software platform. The new technology is an expansion of Kontrol's core innovation, which integrates smart energy devices, software and retrofits to help organizations reduce energy costs, increase net operating income and increase property valuation.

SmartMax capabilities include:

  • Fast installation (typically one hour or less);
  • Immediate access to energy data;
  • Secure export to Kontrol's energy management system in the cloud;
  • Interoperability across building automation systems and HVAC equipment;
  • Immediate visibility into energy demand and consumption.

"SmartMax is the third IoT product in our technology portfolio and is an evolution of our original DiMax technology currently operating in more than 200 buildings across North America," says Forbes Silverthorne, vice-president of building performance at Kontrol Energy. "Through SmartMax we are vastly extending our reach to provide a one-click technology that brings the benefits of data and analytics to building owners, asset managers and property managers on a global scale."

How Kontrol's proprietary technology integrates

Kontrol's IoT technology can be rapidly deployed within any building. Through propriety technology Kontrol can gather data related to heating, cooling and electricity and send that data into Kontrol's cloud architecture where the data are analyzed in real time. Through comparison and analysis to over 15 billion data points spanning more than 200 buildings, Kontrol can quickly identify inefficiencies, savings and mission critical risk. With a continuing cycle of review, analysis and adjustment building owners and managers can optimize their energy demand, energy consumption and generate significant savings while having instant visibility to building performance. Automated alerts and notifications allow for the potential to address problems more quickly and efficiently. The entire process is enhanced through machine learning over time.

About Kontrol Energy Corp.

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

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