Kontrol Energy (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8), a
leader in the energy efficiency sector, today announced its entry into an
agreement with Toyota Tsusho Canada Inc. (“TTCI”), a wholly owned subsidiary of
Toyota Tsusho America, Inc., to implement Smart Factory technology solutions.
Under the agreement, Kontrol and TTCI intend to establish a joint venture
company to provide technology solutions that combine Kontrol’s Internet of
Things (“IoT”) hardware and software solutions with TTCI’s existing production,
operating improvement platforms, and power generation / HVAC products for the
North American automobile and parts OEMs. “We are pleased to enter a
significant new vertical market opportunity with a strong global partner in TTCI,”
Kontrol Energy CEO Paul Ghezzi stated in the news release. “Working in
partnership with a global industrial leader such as Toyota Tsusho also provides
us with an opportunity to scale our technology solutions across a large
potential global customer base.”
To view the full press release, visit http://ibn.fm/WFK1d
About Kontrol Energy
Kontrol Energy Corp. is a leader in the energy efficiency
sector through IoT, Cloud and SaaS technology. With 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 emissions. For more information, visit the company’s website
at www.KontrolEnergy.com.
NOTE TO INVESTORS: The latest news and updates
relating to KNRLF are available in the company’s newsroom at http://ibn.fm/KNRLF
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