Kontrol Technologies Corp (KNRLF)

[Sam Dan]

An additional revenue-producing platform introduced by management.
" ("Kontrol" or "Company") a leader in the energy efficiency sector through IoT, Cloud and SaaS technology announces that it has developed a new enterprise solution for its energy management software platform. Kontrol will provide Original Equipment Manufacturers (OEMs) a white label solution which can be packaged with OEM energy efficiency products at the point of sale.
"Based on ongoing discussions with our customers and a growing market opportunity, we are launching a solution to provide OEMs in the energy efficiency and energy retrofit market with a white label solution powered by Kontrol's SmartSite® platform," says Paul Ghezzi, CEO at Kontrol. "OEM partners will be able to seamlessly integrate their equipment products into this platform and drive new sales in their customer bas
By integrating with Kontrol, OEM partners gain access to Kontrol's open protocol energy software architecture, thereby adding new software sales to their existing equipment sales. For Kontrol the new market opportunity expands the Company's potential to deliver integrated building energy software solutions globally.
"With the increasing growth of Internet of Things (IOT) enabled energy efficiency equipment, there is a market need to provide one seamless platform for all connected devices to be controlled and monitored in real-time," continues Ghezzi. "Kontrol's platform allows multiple products with different protocols and disparate sources of communication to be integrated seamlessly to drive the end customer solution."
Kontrol SmartSite® is an open protocol building energy software technology designed to control and optimize the management of complex heating, ventilation and cooling systems for large multi-residential, commercial, and mission critical buildings.
About Kontrol Energy
Kontrol Energy Corp. (CSE:KNR)(OTCQB:KNRLF)(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."