Very strong news this morning, As Ron says, this is an undiscovered stock thus far
Delta, British Columbia--(Newsfile Corp. - November 18, 2020) - AirTest Technologies (TSXV: AAT) (OTC: AATGF) ("Airtest" or the "Company") President George Graham is very pleased to announce that AirTest's energy saving, sensor based garage ventilation systems are being installed by a $3 billion annual revenue, REIT (Real Estate Investment Trust). The company has over 270 locations comprising more than 85,000 apartments and retail spaces. According to Graham, "As the group expands into urban areas, we anticipate enclosed underground parking will likely increase in upcoming projects. So far, eighteen AirTest sensor-based ventilation systems have been installed and another five projects are pending in the near term."
Cannot view this image? Visit:
orders.newsfilecorp.com/files/4823/68423...74f1f992_002full.jpg
Image: Airtest Ventilation Control Systems
To view an enhanced version of this image, please visit:
orders.newsfilecorp.com/files/4823/68423...74f1f992_002full.jpg
AirTest's distinctive sensor systems are also installed in garages and commercial buildings throughout North America. Some of the largest garages have installed Airtest Ventilation Control Systems including the LA Live Entertainment Complex in downtown Los Angeles. AirTest makes sensor systems that measure CO for automobile exhaust and NO2 for diesel vehicles and these systems create a safe environment and also control ventilation. All sensors are available with a choice of many communication options typically used in building control systems.
For the apartment garage projects, AirTest's CN7232 Ventilation controller and TR2000 carbon monoxide sensors were used. Carbon monoxide sensors are placed every 5,000 square feet in the garage and sense the amount of automobile exhaust which can indicate how much vehicle activity is occurring. Garages all are required to provide a high rate of ventilation to account for the possibility that a large number of cars could be operating in the garage at one time. The AirTest system employs a strategy called Demand Controlled Ventilation where the amount of ventilation is modulated based on the actual automobile activity in the garage which is usually much lower than it is designed for. When AirTest parking garage ventilation systems have been in garages that previously ventilated at one high speed, utility verified energy costs have been found to be reduced by more than 80% of energy costs and in some cases over 95% with a similar saving in reduction of peak energy demand. Energy saving payback on retrofit systems is typically less than two years and the cost is often subsidized by Power Utilities and Governments.