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Kontrol Energy Corp. (CSE:KNR, FSE:1K8), ("Kontrol" or the

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Sam Dan Member Level  Monday, 11/05/18 09:17:52 AM
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Kontrol Energy Corp. (CSE:KNR, FSE:1K8), ("Kontrol" or the "Company") is pleased to announce that it's operating division CEMSI, a leading emission integration technology and solution provider, has received a new $1.2 Million Analyzer order from a global mining company.

The Analyzers will deliver real-time analysis of raw materials and introduces new mine management strategies for a global industry. CEMSI is a recognized leading integrator of turn-key continuous emissions and process monitoring equipment solutions, servicing the Canadian and U.S. markets. Currently, up to 40% of CEMSI's revenues are recurring under multi-year service agreements.

"This is a significant win for the CEMSI operating team and adds a new organic growth opportunity in the global mining industry," stated Paul Ghezzi, CEO Kontrol Energy. "Through this sale we are entering a new global market with an exciting opportunity to add future growth."

It is anticipated that the Analyzer will be delivered and installed over the periods of Q4 2018 and Q1 2019. For industry competitive purposes the mining company will not be disclosed.

About Kontrol Energy

Kontrol Energy Corp. (CSE: KNR, FSE: 1K8) is a leader in the energy efficiency sector through IOT, Cloud and SaaS technology. With 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.

Image: https://www.accesswire.com/users/newswire/images//10252018KNR1.png

Kontrol Energy was recently announced as the 7th fastest growing Startup in Canada by Canadian Business and Maclean's.


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