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TORONTO, May 25, 2021 /PRNewswire/ -
Kontrol Technologies or
Kontrol ) a leader in smart buildings and cities through IoT, Cloud and SaaS technology is pleased to announce that the Kontrol BioCloud (or BioCloud ) technology has delivered a real-time detection of COVID-19 virus from its completed pilot in the Middle East (previously announced pilot from press release dated May 17, 2021).
BioCloud Optics Reading - May 18 2021 (CNW Group/Kontrol Technologies Corp.)
Safe Space (CNW Group/Kontrol Technologies Corp.)
The successful testing was completed as part of Kontrol s Middle East pilot with a laboratory and health care testing partner ( Testing Partner ). The Testing Partner is a recognized leader in operating COVID-19 testing facilities and other health care centers. The Testing Partner was able to operate the BioCloud technology in one of their COVID-19 testing facilities.
Kontrol Technologies Files Preliminary Base Shelf Prospectus
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Kontrol Technologies or
Kontrol ) a leader in smart buildings and cities through IoT, Cloud and SaaS technology, is pleased to announce that today it has filed a preliminary base shelf prospectus (the
shelf prospectus ) with the securities regulatory authorities in the provinces of British Columbia, Alberta and Ontario. This filing, when made final, will enable Kontrol to offer, issue and sell up to $15 million of common shares, warrants, subscription receipts, debt securities and units or a combination thereof from time to time, separately or together, in amounts, at prices and on terms to be determined based on the market conditions at the time of the offering, and as set out in an accompanying prospectus supplement, during the 25 month period that the shelf prospectus, when made final, remains valid.
Kontrol Technologies partners with RCAP Leasing to offer a financing solution for BioCloud customers
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Kontrol Technologies Corp. (NEO: KNR) (OTC: KNRLF) (FSE: 1K8) (
Kontrol Technologies or
Kontrol ) a leader in smart buildings and cities through IoT, Cloud and SaaS technology is pleased to announce that it has selected RCAP Leasing (
RCAP ), a leading Canadian financing company, to offer lease finance options to customers of BioCloud. Providing our customers with access to a finance solution that is simple, easy to administer and transparent are all important features for those who would like to purchase BioCloud units but prefer to amortize that purchase monthly, says Paul Ghezzi, CEO of Kontrol. The RCAP model allows us to focus on manufacturing and distribution while providing our customers with greater financing flexibility.
Kontrol Technologies Announces Fiscal Year End 2020 Financial Results
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Kontrol Technologies Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) (
Kontrol Technologies or
Kontrol or
Company ) a leader in smart buildings and cities through IoT, Cloud and SaaS technology announces the release of its financial results for the fiscal year ended December 31
st, 2020. A complete set of the Financial Statements and Management s Discussion & Analysis have been filed on SEDAR ( Kontrol demonstrated strong financial discipline during the 2020 fiscal year as we successfully navigated through the pandemic headwinds to meet the needs of our customers, expand into new markets and create a significant increase in shareholder value, said Paul Ghezzi, CEO of Kontrol Technologies. We are pleased that Q4 2020 was the strongest quarter in our operating history. We executed on BioCloud innovation, improved the balance sheet and expanded our customer base.