Kontrol Wins Order for Smart Building Technology

The Globe and Mail Ranks Kontrol 81st in Canada’s Top Growing Companies 2020

TORONTO, ON / Kontrol Energy Corp. (“Kontrol” or “Company“) is pleased to announce it has won a new order for its smart building technology across four buildings and has been recognized as one of Canada’s top growing companies by the Globe and Mail Top Growing Companies 2020.

New Smart Building Technology Win
Following a number of pilots for its SmartSuite technology, the Company has received an order for four apartment buildings located in Ontario, Canada. The contract win was awarded after a comprehensive Request for Proposal (RFP) process that involved other competitors. For industry competitive purposes revenue details and size of the order will not be disclosed.

“We’ve selected Kontrol and their SmartSuite® technology to help us control, manage and reduce in-suite heating costs in four of our multi-unit residential (apartment) properties in Ontario,” says Cam Murchison, Vice President, Property Standards at Q Residential (a leading private real estate asset manager and operator). “Their smart building technology attracted better than expected incentives from the local utility and allows us to understand what is happening within the suites when it comes to temperatures and open windows and doors across the four buildings. With their system providing cloud access to in-suite temperatures and settings, using our mobile devices and laptops, we no longer need to enter our tenant’s spaces to troubleshoot and make changes, allowing us to avoid unnecessary and expensive truck rolls. This is a big advantage and benefit under the environment we now operate in.”

Globe and Mail Ranks Kontrol 81st in Top 400 Growing Companies

Source: https://www.streetinsider.com/Accesswire/Kontrol+Wins+Order+for+Smart+Building+Technology/17401695.html