Kontrol Technologies Corp. has been selected by a new City Customer ("Customer") to deliver decarbonization and net zero emission designs for multiple buildings. Kontrol won the new Customer through a competitive bid process.

This represents the 10th RFP win for the Company in 2023 as it continues to scale its revenues and solutions for the transition to net zero emissions. The new Customer is a City in the Province of Ontario and for industry competitive purposes will not be named. The Company continues to execute on its strategic plans for 2023 which include growing high margin revenues, adding recurring revenues and driving bottom line performance while reducing debt.