Universal PropTech Inc. entered into a distribution agreement with Piera Systems Inc. to market, sell and distribute its Canree family of indoor air quality ("IAQ") monitoring products in Canada and United States. The Piera IAQ monitoring products use Intelligent Particle Sensors ("IPS") along with algorithms and artificial intelligence to identify a range of particulate matter ("PM") from Indoor Sources from 10 microns down to 0.1 microns. In connection with the non-exclusive distribution agreement with Piera, the Company will distribute Canree IAQ monitoring systems that detect temperature, air pressure, humidity, carbon dioxide, Volatile Organic Compounds ("VOCs") and PM 0.1 to PM 10. Canree devices are low-cost units designed to work under normal operation for up to eight years and are included as a part of its Piera's SenseiAQ software to integrate data into building automation systems. The Canree device has been tested and certified for PM <1.0, <2.5 and < 10.0 by the KETI (Korean Electronics Technology Institute). To-date, it is the only sensor to pass these tests for PM <1.