Kontrol Reports Q2 Financials
We are writing to let you know we completed a successful launch presentation with Steelcase (NYSE: SCS) yesterday at their WorkLife Center in Toronto. We are very impressed with the level of technology and solutions that Steelcase is delivering to its significant customer base, many of which are Fortune 1,000 companies. With approximately $2.6 Billion in revenue Steelcase is recognized as a global leader in their industry, and we are pleased to be a partner in creating safer spaces.
Following the presentation, we are now preparing for the product launch in September.
Safer Work and Office Spaces
There remains a great divide between employer and employee expectations about getting back into workspaces. Much of this relates to the need for safer spaces and the timing for the Steelcase and BioCloud launch aligns well with the return to work and attempt to get back to normal in September.
Marshall Communications
As previously announced Marshall Communications, a US based firm specializing in supplying technology and services to the US Government, and Kontrol are working together to introduce the BioCloud solution to various levels of Government in the USA. Marshall Communications has been responding to direct enquiries from various organizations.
Marshall Communications Corp ("MCC") is a wholly owned subsidiary of Mission Solutions Group, Inc. ("MSG"). Founded in 1991 by a U.S. Air Force veteran and then acquired by MSG, in 2015, MCC specializes in satellite communications products and services as well as sales of IT and IT related products and services to all agencies of the U.S. Federal Government.
SIDOTI Conference
Paul Ghezzi, CEO of Kontrol will be presenting at the SIDOTI conference tomorrow at 9:15 am Eastern Time and meeting with institutional investors following the presentation.
https://www.sidoti.com/ Sidoti Presentation Weblinks
Carbon Credit Innovation
As presented on the Q2, 2021 earnings call, Kontrol will announce its new Carbon Credit initiative by the end of Q3. The program will be focused on Energy Efficiency Credits (EECs) or what are referred to as White credits. These have traditionally been the domain of the utilities. We look forward to sharing our plan to aggregate EECs and how our innovation will directly benefit our customers and create value for our shareholders.
Sincerely,
Kontrol Technologies,
Contact
Kontrol Technologies Corp.
info@kontrolcorp.com
180 Jardin Drive, Unit 9
Vaughan, ON L4K 1X8
Tel: (905) 766.0400
Toll free: 1 (844) 566.8123
www.kontrolcorp.com
Investor Relations:
Brooks Hamilton
MZ Group - MZ North America
KNRLF@mzgroup.us
Tel: +1 (949) 546.6326
Disclaimer
This Company update may contain "forward-looking information" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as "may", "will", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy.
Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company and that technology will be as effective as anticipated.
Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.