Universal PropTech Highlights First Half 2021 Milestones and Provides Second Half Guidance
Toronto, Ontario--(Newsfile Corp. - June 30, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to provide an update on the milestones the Company has accomplished in the first half of calendar year 2021 and unveil its guidance for the second half.Highlights for First Half of 2021In the first half of 2021, the Company successfully accomplished the following milestones:Closed an oversubscribed equity raise of approximately $845,000;Retired...
2021-06-30 8:31 AM EDT
Universal PropTech's VCI Controls Receives Approximately $750,000 Purchase Orders for Mechanical Projects and Services
Toronto, Ontario--(Newsfile Corp. - June 24, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce that the Company's wholly-owned subsidiary, VCI Controls Inc. ("VCI"), had received a number of purchase orders for approximately $750,000 for mechanical work for a few customers in Ontario. Chris Hazelton, CEO of Universal PropTech Inc., stated: "The mechanical group within VCI Controls has been doing a great job in growing sales,...
2021-06-24 8:18 AM EDT
Universal PropTech Announces Results of Voting at AGM
Toronto, Ontario--(Newsfile Corp. - June 22, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce the results of matters voted on at its Annual General & Special Meeting of Shareholders held yesterday. Details of the matters put forth are set out in the notice of meeting and management information circular dated May 17, 2021.Chris Hazelton, Al Quong and Dan Cohen were elected directors of the Company. MNP LLP...
2021-06-22 8:30 AM EDT
Universal PropTech Signs 2,400-Dealer Network to Sell Air Sniper Indoor Air Quality Equipment Across Canada
Toronto, Ontario--(Newsfile Corp. - June 21, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce that the Company has secured a new distribution partner, Sustainable Tech Inc. ("Sustainable Tech"), to distribute Air Sniper indoor air quality ("IAQ") products to its 2,400-dealer network across Canada. Sustainable Tech has executed a Distribution Agreement ("Agreement") with the Company on June 21, 2021. The Company will book all...
2021-06-21 8:30 AM EDT
Universal PropTech Engages Market Awareness Firm
Toronto, Ontario--(Newsfile Corp. - June 17, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") announces that on June 1st it had entered into a services agreement (the "Agreement") with Digitonic Ltd. ("Digitonic"), an arm's-length party to the Company and a leading digital and mobile marketing firm based in Glasgow, Scotland, to provide marketing services focused on the North American markets. Digitonic will provide the Company with content...
2021-06-17 4:30 PM EDT
Universal PropTech Receives Approximately $1.2 Million Purchase Orders from a Southern Ontario School Board for Mechanical Installations
Toronto, Ontario--(Newsfile Corp. - June 15, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce that the Company's wholly-owned subsidiary, VCI Controls Inc. ("VCI"), has received purchase orders for approximately $1.2 million from a southern Ontario school board. These purchase orders received during the first two weeks of June 2021 are for a range of mechanical installations to be completed. Work will be executed and...
2021-06-15 8:00 AM EDT
Universal PropTech Names Elizabeth McDonald and Dwayne Matthews to Advisory Board and Announces Option Grant
Toronto, Ontario--(Newsfile Corp. - June 10, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce the appointments of Ms. Elizabeth McDonald and Mr. Dwayne Matthews to the Company's Advisory Board. Ms. McDonald is the former President of the Canadian Energy Efficiency Alliance and the Canadian Solar Industries Association. Mr. Matthews is considered a Chief Innovation Evangelist and Future of Education Strategist for school...
2021-06-10 7:00 AM EDT
Universal PropTech Announces Purchase Order with a Value Ranging Between CAD $6.5 and $10 Million for Indoor Air Quality Equipment
Toronto, Ontario--(Newsfile Corp. - June 7, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce that one of the Company's Indoor Air Quality ("IAQ") partners has received a significant Purchase Order ("Order") to provide IAQ equipment. The partner's Order is estimated to be valued between $6.5 and $10 Million. The Company will receive commissions in the range of approximately CAD $350,000 to CAD $500,000. The Company expects to...
2021-06-07 9:28 AM EDT
Universal Proptech Expands Distribution of Air Sniper Products Across Canada & Exploring Sales into the United States
Toronto, Ontario--(Newsfile Corp. - June 4, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce that the company is expanding the distribution of Air Sniper products across Canada and exploring sales into the United States. The company and Air Alpine Innovation Research Inc. ("Air Sniper") have agreed under a revised distribution agreement ("Agreement") to expand the Company's geographic reach, which now includes all of Canada...
2021-06-04 2:51 PM EDT
Universal PropTech Receives Approximately $550,000 Award for Building Automation System For Toronto Film Studios
Toronto, Ontario--(Newsfile Corp. - June 1, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce that on May 6, 2021, the company's wholly-owned subsidiary, VCI Controls Inc. ("VCI"), received a Purchase Order for approximately $550,000 from a mechanical contractor to install a building automation solution for a Toronto film studios. VCI will provide product, install and commission the BAS (Building Automation System) over the...
2021-06-01 9:00 AM EDT
Universal PropTech Signs Services Agreement with Large Canadian HVAC Asset Company to Supply Southern Ontario Customers
Toronto, Ontario--(Newsfile Corp. - May 27, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce that on May 18, 2021, the Company's wholly-owned subsidiary, VCI Controls Inc. ("VCI"), has executed a services agreement with a Canadian HVAC asset company ("HVAC Company") to provide HVAC installation and services for commercial and residential customers in Southern Ontario. The HVAC Company serves millions of customers with rental...
2021-05-27 8:54 AM EDT
Universal PropTech Announces Approximately $5.2 Million in Backlog
Toronto, Ontario--(Newsfile Corp. - May 17, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB:UPIPF) (FSE:8LH) ("UPI" or the "Company") is pleased to announce an update on the Company' backlog of awarded and not executed work, made up of a combination of service contracts, repair and project work in both HVAC Building Automation and Mechanical lines of business. As of April 30, 2021, eight months into fiscal 21, the Company's backlog stood at approximately $5.2 million, an addition of...
2021-05-17 9:10 AM EDT
Universal PropTech Inc. Announces Insider Open-Market Stock Purchase
Toronto, Ontario--(Newsfile Corp. - May 14, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") today announced that Christopher Hazelton, Chief Executive Officer of UPI, executed an open market stock purchase for 440,000 common shares of the Company through the facilities of the TSX Venture Exchange ("TSXV") on May 13, 2021, valued at approximately $115,000.Christopher Hazelton, CEO of the Company commented: "Given the recent milestones that...
2021-05-14 8:52 AM EDT
Universal PropTech Confirms Launch of ISBRG Corp's SpotLight-19(C) Clinical Trial and New R&D Funding Assistance
Toronto, Ontario--(Newsfile Corp. - May 12, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce that ISBRG Corp., in which UPI owns a minority interest (see press release dated February 18, 2021), announced progress related to the ongoing development of its COVID-19 diagnostic device - SpotLight-19©. In addition to ISBRG's receipt of a Health Canada Investigational Testing Authorization (ITA), and the start of ISBRG's clinical...
2021-05-12 6:06 PM EDT
Universal PropTech Inc. To Present At Q2 Investor Summit
Toronto, Ontario--(Newsfile Corp. - May 6, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce that the Company's Chief Growth Officer, Frank Carnevale, will be presenting at the Q2 Investor Summit.The conference will be held on Monday May 17th, 2021, and includes a company presentation and Q&A at 12:30pm - 1:00pm (Eastern Time). The company will also be holding 1-to-1 meetings with Investors on May 17th and 18th.To request a...
2021-05-06 8:11 PM EDT
Universal PropTech Inc. Now Listed on the OTCQB Under the Symbol "UPIPF"
Toronto, Ontario--(Newsfile Corp. - April 20, 2021) - Universal PropTech Inc. (TSXV: UPI) (FSE:8LH) ("UPI" or the "Company") is pleased to announce that it has received approval and will begin trading on the OTCQB, a U.S. market operated by OTC Markets Group Inc. ("OTC") in New York. The Company's shares will begin trading on the OTCQB on April 21, 2021, under the symbol "UPIPF".Chris Hazelton, CEO of Universal PropTech commented: "We are excited to begin trading in the United...
2021-04-20 4:00 PM EDT
Universal PropTech Inc. Announces Option Grant
Toronto, Ontario--(Newsfile Corp. - April 16, 2021) - Universal PropTech Inc. (TSXV: UPI) (FSE: 8LH) ("UPI" or "the Company") announces today that it has granted 100,000 options to an employee pursuant to the Company's stock option plan. The stock options vest in the following schedule: 30% immediately, 30% on the six-month anniversary of grant; and 40% on the one year anniversary of grant, and may be exercised at a price of $0.45 for a period of three years from...
2021-04-16 4:30 PM EDT
Universal PropTech Inc. Announces the Appointment of David Berry to its Advisory Board
Toronto, Ontario--(Newsfile Corp. - March 17, 2021) - Universal PropTech Inc. (TSXV: UPI) (FSE: 8LH) ("UPI" or the "Company") announces the appointment of prominent investor and capital markets professional David Berry to its Advisory Board while supporting the Company's efforts in investments and acquisitions of proptech and related services.David Berry (BSc, MBA, CFA) began his career as a chartered accountant with Ernst & Young from 1993-1995 prior to joining Scotia Capital where he became...
2021-03-17 7:55 AM EDT
Universal PropTech Inc. Calls Remaining Debentures and Further Strengthens Balance Sheet with Exercise of Warrants and Options
Toronto, Ontario--(Newsfile Corp. - March 17, 2021) - Universal PropTech Inc. (TSXV: UPI) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce that it has called the outstanding senior convertible debentures ("Debentures") in the principal amount of $96,584. An aggregate of $1,059,942 principal amount of Debentures were issued on July 14, 2020 (see press release dated July 14, 2020). The principal amount (other than the amount being redeemed) has been converted into common shares of the...
2021-03-17 7:51 AM EDT
Universal PropTech Inc. Provides Update on SpotLight-19(C) - Designed to Detect COVID-19 in Under 20 Seconds and at a Cost of Approximately $1 Per Test
Toronto, Ontario--(Newsfile Corp. - March 9, 2021) - Universal PropTech Inc. (TSXV:UPI) (FSE:8LH) ("UPI" or the "Company") is pleased to announced that ISBRG Corp ("ISBRG") has posted a number of updates on their website (www.isbrgcorp.com) regarding their SpotLight-19© Technology including updating the expected COVID-19 detection time to under 20 seconds, at an approximate cost of $1 per COVID-19 test, an expanded list of solutions, and adding an additional advisor to the Advisory Board....
2021-03-09 9:27 AM EST