Kontrol Technologies Corp (KNRLF)

[Sam Dan]

Another very important addition to the Blockchain advisory board "Kontrol Energy Corp. (CSE:KNR) (the "Company" or "Kontrol") further to its announcement in the press releases dated Nov. 1, Dec. 20 and Dec. 28, 2017 has established a Blockchain Advisory Board that will assist the company's expansion into blockchain technology solutions. The company now welcomes Joseph C. Chen to the Advisory Board effective immediately.

Mr. Chen is an electrical engineer with a strong background in radio frequency, digital signal processing, VLSI, complex systems, chemistry and physics. Mr. Chen joined Research In Motion (now BlackBerry) in 1999, becoming a senior member of the office of the Chief Technology Officer ("CTO"), where he was instrumental in many of Blackberry's key telephony innovations and patents. While at BlackBerry, the office of the CTO first began looking into blockchain in 2008. Since leaving Blackberry in 2012, Mr. Chen has focused much of his personal research on the state of the art in machine learning, cryptography and quantum computing, and their implications and applications in digitising and automating finance, and the protection of personal information and trust in a digital world. Currently, Mr. Chen is the founder and chief executive officer of Conversance Inc., a Waterloo based private company, focused on developing and marketing proprietary AI supported distributed ledger technologies.

"We are excited to have a Joseph join our Blockchain Advisory Board, as his experience gained during the growth of Blackberry, and his connections to the Waterloo blockchain technology sector will be a great asset for Kontrol, as we evaluate acquisitions and investments in the rapidly growing blockchain technology sector," said Paul Ghezzi, CEO of Kontrol Energy.

About Kontrol Energy Corp.

Kontrol Energy Corp. (CSE:KNR) is a leader in energy efficiency solutions and technology. Through a disciplined mergers and acquisition strategy, combined with organic growth, Kontrol Energy Corp. provides market-based energy solutions to our customers designed to reduce their overall cost of energy while providing a corresponding reduction in Greenhouse Gas (GHG) emissions.