Mr. Paul Ghezzi reports

KONTROL TECHNOLOGIES OPERATING SUBSIDIARY CEM SPECIALTIES RECEIVES ADDITIONAL ORDERS FROM USA CUSTOMER; CONTINUED EXPANSION INTO NEW EMISSION GROWTH MARKET

Kontrol Technologies Corp. operating subsidiary CEM Specialties (CEMS) has continued to expand with its United States customer to design and integrate advanced emission technology in order to monitor ethylene oxide in real time. Following the press release dated Feb. 13, 2023, CEMS has received additional orders for this new growth market, in support of its customer, totalling approximately $1-million.

Ethylene oxide emissions

Ethylene oxide (EtO or EO) is widely used across various industries for the production of solvents, detergents, adhesives, antifreeze, textiles and pharmaceuticals. Ethylene oxide is also present in sterility for cosmetics, fumigants and hospitals for sterility of surgical equipment.

"Our industrial emission platform continues to drive organic growth as we address the new ethylene oxide regulations in the USA market," says Paul Ghezzi, chief executive officer of Kontrol. "Working with our customer we are delivering an integrated solution including hardware, software and real-time monitoring."

The EPA (Environmental Protection Agency) is proposing new health protections to reduce exposure to EtO including more stringent air emissions standards and additional protections for workers. The ability to continuously monitor and quantify ethylene oxide is central to eliminating sources and reducing long-term exposure to this hazardous air pollutant.

Based on current supply chains and lead times the new orders are anticipated to add to revenues in Q3 and Q4 2023. The customer will not be named for industry competitive reasons.

About Kontrol Technologies Corp.

Kontrol Technologies, a Canadian public company, is a leader in smart buildings and cities through IoT (Internet of Things), cloud and SaaS (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.

We seek Safe Harbor.