August 19, 2022

Tricia Oak

Business & Finance Excellency

Kontrol Technologies Expands BioCloud Know-how into Japan

TORONTO–(Small business WIRE)–Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”), a leader in clever buildings and metropolitan areas by IoT, Cloud and SaaS know-how, is expanding its BioCloud technology worldwide footprint with a Japan-based mostly investing corporation.

“BioCloud proceeds to garner intercontinental curiosity supplied the escalating, ubiquitous have to have for developing safer spaces and monitoring of heating, cooling and ventilation devices (HVAC) in serious-time,” said Paul Ghezzi, CEO of Kontrol Systems.

Kontrol is partnering with a effectively-established investing firm in Japan that has a 60-year record of big-scale deployment of HVAC and air excellent devices. Kontrol and the investing business are negotiating a distribution agreement and are at present performing jointly for engineering demonstrations in the location. A distribution arrangement is expected to be finished in February 2022. The investing company will not be named for field aggressive applications.

Further Tests Update

Adhering to the push launch dated January 5th, 2022, Kontrol has furnished an update on further general performance testing of the BioCloud technological innovation at a amount two lab. The more testing was carried out in conjunction with new interface characteristics which were intended to be utilized and shared by researchers and applicable shoppers to validate the existence of the SARS-CoV-2 virus, and the level of detection response to improved ascertain the safety of an area, and efficiency of recent web page security protocols. A duplicate of the updated research is readily available at https://kontrolbiocloud.com/summarytesting0113

The Organization is not earning any specific or implied promises that its product or service has the means to eradicate, heal or include the COVID-19 (or SARS-2 Coronavirus).

About Kontrol BioCloudTM

Kontrol BioCloud (“BioCloud”) is an running subsidiary of Canadian public enterprise Kontrol Technologies. The BioCloud technological innovation is a real-time analyzer developed to detect airborne viruses and pathogens. BioCloud is an air excellent know-how and not a healthcare product. BioCloud has been created to work as a safe and sound space know-how by sampling the air top quality repeatedly. With a proprietary detection chamber that can be replaced as essential, viruses are detected, and a silent notification process is established. Extra info about Kontrol BioCloud can be discovered on its web-site at www.kontrolbiocloud.com

Kontrol Systems Corp.

Kontrol Systems Corp. is a chief in intelligent structures and cities as a result of IoT, Cloud and SaaS technology. Kontrol provides a mix of software, hardware, and service solutions to its clients to make improvements to vitality management, air top quality and continual emission monitoring.

Supplemental details about Kontrol Technologies Corp. can be found on its web site at www.kontrolcorp.com and by examining its profile on SEDAR at www.sedar.com.

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Neither IIROC nor any stock trade or other securities regulatory authority accepts accountability for the adequacy or accuracy of this launch.

Forward-Looking Statements

This information launch includes “forward-looking information” within just the that means of relevant securities laws. All statements contained herein that are not clearly historic in mother nature may possibly constitute forward-searching info. In some instances, forward-searching details can be determined by words and phrases or phrases these kinds of as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the unfavorable of these terms, or other related terms, expressions, and grammatical variations thereof, or statements that particular functions or circumstances “may” or “will” occur, or by conversations of approach.

In which Kontrol expresses or indicates an expectation or perception as to potential situations or final results, this kind of expectation or perception is dependent on assumptions produced in very good religion and thought to have a acceptable foundation. These kinds of assumptions involve, without the need of limitation, that adequate capital will be out there to the Corporation and that technology will be as successful as predicted.

However, ahead-hunting statements are topic to challenges, uncertainties, and other factors, which could bring about actual success to vary materially from foreseeable future success expressed, projected, or implied by this kind of forward-wanting statements. These kinds of risks include things like, but are not restricted to, that ample funds and funding are not able to be acquired on fair phrases, or at all that these systems will not verify as productive as expected individuals consumers and probable consumers will not be as accepting of the Company’s merchandise and provider supplying as envisioned and federal government and regulatory elements impacting the electrical power conservation market. Kontrol BioCloud is an air high quality engineering and not a professional medical system. The Firm is not earning any specific or implied claims that its solution has the skill to do away with, overcome or have the COVID-19 (or SARS-2 Coronavirus).

Appropriately, undue reliance really should not be put on forward-hunting statements and the ahead-looking statements contained in this press launch are expressly capable in their entirety by this cautionary statement. The ahead-wanting statements contained herein are produced as at the day hereof and are based mostly on the beliefs, estimates, anticipations, and thoughts of administration on this sort of date. Kontrol does not undertake any obligation to update publicly or revise any this sort of ahead-searching statements or any ahead-looking statements contained in any other files regardless of whether as a outcome of new information and facts, upcoming activities or usually or to explain any material change among subsequent actual activities and such forward-wanting facts, other than as necessary less than applicable securities law. Visitors are cautioned to look at these and other things, uncertainties, and potential gatherings diligently and not to set undue reliance on ahead-on the lookout details.