Kontrol Technologies Corp (OTCQB:KNRLF, NEO:KNR) said it has entered into an exclusive distribution agreement with Airmaster Corporation and Daikin Australia Pty Ltd to offer real-time monitoring and detection of airborne pathogens.
Kontrol BioCloud technology samples the air continuously through a proprietary and patented process. When the device detects a virus, it sends a communication in the Cloud or over the local intranet, notifying workplace leaders in real-time. With this actionable information, employers can take the measures needed to mitigate virus outbreaks in the office.
"Kontrol is excited to enter into a distribution partnership with Airmaster and Daikin," said Paul Ghezzi, CEO of Kontrol, in a statement. “We look forward to delivering air quality and real-time space monitoring technology to the work environment through this partnership. The addition of a global leader in the HVAC and HVAR industry is another major advancement for the BioCloud technology.”
READ: Kontrol Technologies posts record $21.5M revenue in 3Q as its Global HVAC & Automation acquisition starts to pay off
Noel Courtney, CEO of Airmaster, added: "As we embark on a new era and approach to facilities management and indoor environment quality, it is vital we extend our services and solutions in order to combat COVID-19, while helping businesses adapt safely and with confidence in this new normal. Kontrol is a forward-thinking organisation and their research and development of BioCloud allows us offer a full-service solution that provides safer spaces and peace of mind for our customers.”
Under the terms of the agreement, Kontrol said Airmaster and Daikin will be provided with a three-year term and a one-year exclusive contract in the HVAC sector in Australia and New Zealand. Kontrol received an initial purchase of BioCloud units as part of the agreement.
Further to the distribution agreement, Kontrol said it and Daikin will seek to explore manufacturing opportunities for the BioCloud technology outside of North America.
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