Kontrol Energy to supply Real Time Energy Management (RTEM) systems to Ontario education sector

Kontrol Energy Corp. logo.

— Photo courtesy Kontrol Energy Corp.

TORONTO, Jan. 8, 2018 /CNW/ - Kontrol Energy Corp. (CSE:KNR) - Responding to a request for proposal for RTEM systems by the Ontario Education Collaborative Marketplace (OECM) in August 2017, Kontrol Energy Corp. submitted its proposal covering hardware, software and related energy management services and was recently selected as a contracted supplier. Kontrol Energy's RTEM system features the use of CircuitMeter as a channel partner.

With RTEM systems, facility managers can gain access to building energy consumption data at the circuit level in real time to pinpoint energy usage, identify areas where energy is wasted, and create opportunities to increase efficiency and generate cost savings. OECM is managing the process as a means to provide public sector facility managers with the ability to more easily contract with pre-screened suppliers of energy services and technology.

"We are excited at the prospect of working with our channel partner CircuitMeter to provide robust real-time energy monitoring systems to multiple sectors in the province," stated Paul Ghezzi, CEO, Kontrol Energy. "We see great potential in expanding this solution across Canada's public sector. In addition, there is significant potential to add our blockchain technology solutions in this new and emerging public-sector channel."

About Kontrol Energy Corp.

Kontrol Energy Corp. (CSE:KNR) is a leader in energy efficiency solutions and technology. Through 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.

Additional information about Kontrol Energy Corp. can be found on its website at www.kontrolenergy.com and by reviewing its profile on SEDAR at www.sedar.com

About CircuitMeter

CircuitMeter Inc., a privately held Canadian firm, has developed patented electrical energy submetering hardware, integrated with its Big Data and cloud based CircuitMonitoring™ enterprise software. The advanced energy analytics represents a major step forward in comparison with current practice. It is designed to analyze real time, circuit level energy usage for large organizations and portfolio managers to identify energy waste and help industrial, commercial and institutional facility owners reduce their energy consumption, costs, and carbon footprint.

About OECM

Launched in 2006, OECM provides collaborative sourcing and procurement services to over 500 public sector organizations in Ontario comprising school boards, colleges, universities and broader public-sector agencies (oecm.ca). The not-for-profit organization contracts with innovative, reputable suppliers to offer a comprehensive choice of quality products and services, to generate significant savings for their customers. For more information on OECM's Real Time Energy Monitoring System agreement visit oecm.ca/real-time-energy-monitoring-systems.

Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release. Forwarding looking statements apply

SOURCE Kontrol Energy Corp.

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