Mr. Paul Ghezzi reports

KONTROL TECHNOLOGIES SELECTED BY MUNICIPALITY TO DELIVER DECARBONIZATION AND NET ZERO EMISSION DESIGN FOR BUILDING PORTFOLIO

Kontrol Technologies Corp. has been selected by a municipality to deliver decarbonization and net-zero-emission designs for a building portfolio. Kontrol won the new customer through a competitive bid process.

Growth in the public sector

"This is another great win for Kontrol as we demonstrated our value to win this opportunity against much larger competitors in this growing sector," said Paul Ghezzi, chief executive officer of Kontrol. "The public sector continues to lead on the transition to net zero emissions, and we are well positioned to grow with our diversified customer base."

The new customer is a municipality in the province of Ontario, and for industry competitive purposes, the customer will not be named. Kontrol participated in a public RFP, which was issued early in 2023 and recently awarded.

Kontrol is actively participating in multiple RFPs on a quarterly basis as the company continues to expand its customer base in both the public and private sector.

About Kontrol Technologies Corp.

Kontrol, a Canadian public company, is a leader in smart buildings and cities through Internet of Things, cloud and software-as-a-service technology. Kontrol provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings.

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