Kontrol Energy Corp. (CSE: KNR) (OTC: KNRLF) (FSE: 1K8) Joins Global Energy Efficiency Marketplace with Smartmax Smart Technology Offering

February 13, 2019 10:55:37
  • Smartmax offers customers the best in energy efficiency technology and is designed to lower energy costs and increase savings
  • The company was recently named the seventh-fastest growing startup in Canada by Canadian Business and Maclean’s
  • Kontrol has partnered with licensed producers in the cannabis industry to provide assistance with energy efficiency

Kontrol Energy Corp. (CSE: KNR) (OTC: KNRLF) (FSE: 1K8), a leader in the energy efficiency sector, has joined the global marketplace with its latest Internet of Things (“IoT”) technology, aptly named Smartmax Energy Gateway. This intuitive technology will allow Kontrol Energy to meet demands for commercial, multi-residential and hospitality real estate markets around the world, creating abundant new growth opportunities.

SmartMax (http://nnw.fm/jp87S), an intelligent energy technology, communicates with “building automation systems and HVAC equipment… immediately export[ing] data to Kontrol’s cloud-based energy management software platform.” This product is the most recent offering in Kontrol’s line of energy innovation technologies, which have historically integrated “smart energy devices, software and retrofits” to support companies as they seek to lower their energy costs, increase their net operating income and raise the value of their properties. The third IoT product in Kontrol’s technology suite, Smartmax “is an evolution of [Kontrol’s] original DiMax technology currently operating in more than 200 buildings across North America,” as noted by Forbes Silverthorne, vice president of building performance at Kontrol Energy.

SmartMax offers the following capabilities:

  • Quick installation (typically one hour or less)
  • Immediate access to energy data
  • Safe export of data to Kontrol’s energy management system in the cloud
  • Interoperability across building automation systems and HVAC equipment
  • Immediate visibility of energy demand and consumption

All of the IoT technology offered by Kontrol offers efficiency and adaptability, being able to gather and process data related to heating, cooling and electricity in real time. The system, capable of analyzing 15 billion data points, can quickly isolate incongruencies, as well as opportunities to enhance energy efficiency, making adjustments as needed. Additionally, the system features an “ongoing cycle of review, analysis and adjustment” that’s clearly transparent to building owners and managers, who can view their energy savings in real time. The system itself is able to improve its accuracy and abilities over time through machine learning, enhancing the entire process as it is used.

Recently, Canadian Business and Maclean’s named Kontrol Energy the seventh-fastest growing startup in Canada. Since its inception, the company has provided energy solution services to customers looking to reduce their overall energy cost while also reducing their companies’ greenhouse gas emissions. Recently, the company has made inroads into the cannabis vertical sector, partnering with licensed producers (LPs) with the goal of providing energy efficiency assistance. Kontrol also aids these clients in meeting emissions compliance regulations. These services are essential to LPs’ continued success in the competitive cannabis market.

For more information, visit the company’s website at www.KontrolEnergy.com

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive instant SMS alerts, text STOCKS to 77948

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
212.418.1217 Office