Mr. Paul Ghezzi reports

KONTROL ENERGY COMPLETES ACQUISITION OF LOG-ONE LTD.'S ENERGY MANAGEMENT SYSTEM

Further to the press release dated Dec. 1, 2016, Kontrol Energy Corp. has completed the acquisition of Log-One Ltd.'s energy management system, an intelligent, occupancy-based heating and air-conditioning control product, including the hardware, software, intellectual property and patents.

The common shares of the company, issued as part of the purchase price for the EMS technology, will be escrowed over a three-year period and released in quarterly tranches of one-12th beginning March 31, 2017.

The Log-One EMS technology will be rebranded as the Kontrol EMS technology.

About Kontrol Energy

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 emissions.

We seek Safe Harbor.