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Kontrol Technologies Corp.: Ontario Government Invests $2 Million in Kontrol BioCloud COVID-19 Technology
TORONTO, ON / February 4, 2021 / Kontrol Technologies Corp. (CSE:KNR)(OTCQB:KNRLF)(FSE:1K8) (
Kontrol Technologies or
Kontrol or
Company ), is pleased to announce that the Ontario government is providing $2 million to CEM Specialties Inc. (
CEMSI ), a London based subsidiary of Kontrol Technologies Corp., through the Ontario Together Fund to help commercialize and accelerate production of Kontrol BioCloud
TM, a COVID-19 detector. From day one, Ontario unleashed its innovation and manufacturing might in the fight against COVID-19, with businesses rolling out new innovations and products to help keep the frontlines and the general public safe, said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. It s the creativity and ingenuity of enterprising companies like CEMSI, with its innovative COVID-19 detection technology, that will help Ontario and