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."
Image: Airtest Ventilation Control Systems
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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.
About AirTest: AirTest Technologies (www.airtest.com) is a Green-Tech company specializing in sensor and control systems that improve commercial building operating efficiency and at the same time create energy savings. These sensors are all based on technical innovations developed in the last ten years, and comprise a growing second wave of energy saving technologies that will have a significant impact on making the large number of existing buildings green and sustainable. AirTest offers its products to leading-edge building owners, contractors and energy service companies targeting the buildings market. AirTest also provides energy cost reduction solutions to building equipment and controls manufacturers who incorporate AirTest sensor components in their products.
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Statements about the Company's future expectations and all other statements in this press release other than historical facts are "forward looking statements". The Company intends that such forward-looking statements be subject to the safe harbours created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from the expected results.
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