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Kontrol Energy Corp
Symbol C : KNR
Shares Issued 26,668,632
Close 2018-07-11 C$ 0.80
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Kontrol signs reseller deal with Canyon Engineering

2018-07-12 09:34 ET - News Release

Mr. Paul Ghezzi reports


Kontrol Energy Corp. has signed a value-added reseller (VAR) agreement for its energy analytics software with Canyon Engineering Solutions, an energy efficiency service and solutions provider in New York State.

"We are extremely pleased that Canyon has selected the Kontrol energy analytics technology for its customers and prospects," said Paul Ghezzi, chief executive officer of Kontrol Energy. "As part of our growth plans for the U.S. market, we are expanding our technology through strategic value-added resellers. The U.S. market represents a significant growth opportunity for Kontrol, and we are focused on regions where the costs of electricity are the highest, including the key markets of New York, Chicago and California."

Through its real-time energy monitoring and smart algorithms, the Kontrol energy analytics technology provides deep energy savings through optimization, improves energy asset performance and can extend energy asset useful life. Unique features of the energy analytics technology include simple and non-invasive installation, the ability to integrate and communicate with existing building automation systems, 15 years of rich data comparatives, robust integrated dashboards, and detailed reporting.

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 acquisitio 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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