ATI AirTest Technologies Welcomes Robert Ferri Partners as IR Counsel

Company Outperforms Expectation of 145% Increase in Q1 OEM Sales Orders

March 30, 2022 9:00 AM EDT | Source: ATI AirTest Technologies Inc.

Delta, British Columbia--(Newsfile Corp. - March 30, 2022) - ATI AirTest Technologies Inc. (TSXV: AAT) (OTC Pink: AATGF) (AirTest), a Green-Tech provider of Demand Control Ventilation systems for commercial buildings, today announced the appointment of Robert Ferri Partners, LLC, as the Company's Investor Relations counsel.

"The appointment of San Francisco-based Robert Ferri Partners reflects AirTest's increasing base of corporate customers, partners and investors in the United States," said AirTest Chief Executive Officer and Director Ted Konyi. "Our entire team welcomes Robert Ferri, who has served technology companies for more than two decades. We also appreciate the contributions of our previous IR counselors, and we thank them for their service."

Mr. Konyi also reported that AirTest has already outperformed its February 28 announced expectation of a 145% year-over-year increase in First Quarter 2022 sales orders from Original Equipment Manufacturers (OEMs). The First Quarter 2022 ends March 31, 2022.

OEM sales have historically represented nearly 50% of the Company's total revenues. The Company reiterated that it continues to see sustained increases in demand from OEM, mechanical engineering, contractor and retrofit customers as challenges posed by the pandemic show signs of diminishing.

About Robert Ferri Partners ("RFP")
Since 1997, RFP has served as strategic investor-relations counsel of publicly traded companies ranging from Fortune 500 multinationals to IPOs. As shareholder and advisor, the firm has helped found, grow and achieve positive outcomes for a number of companies in the United States and Europe. More information about the background, ownership, business and place of business of RFP, may be obtained at www.robertferri.com.

About AirTest Technologies Inc.
AirTest Technologies Inc. (TSXV: AAT) (OTC Pink: AATGF) is a Green-Tech provider of Demand Control Ventilation systems that measurably improve commercial building operating efficiency, significantly generate energy savings and reliably assure adherence to health & safety compliance standards. AirTest solutions provide data on levels of Indoor Air Quality required by schools, retail stores and offices. The company's new wireless sensors with dynamic real-time communication and control technologies follow thousands of installations at enterprise customers such as Lowe's, Shoppers Drug Mart and Ikea. For further information, please visit www.airtest.com.

Contact:

Mr. Ted Konyi, CEO
Phone: (604) 225 2209
Fax :(604) 517 3900
Email: ted.konyi@airtest.com
Website: www.airtest.com

Legal Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements". Forward-looking statements are projections of financial performance or future events. Forward-looking statements can be identified by the use of words such as "expect", "anticipate", "intend", "plan", "believe", "estimate" and words of similar meaning. Forward-looking statements are based on management's current expectations and assumptions and they are subject to risks that may cause actual results to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include those concerning the Company's belief in the energy savings that can be achieved through installation of the Company's products and that these installations lead to reduced maintenance, downtime expenses, future cost savings, and improvements in the bottom line. These statements are subject to risks that may cause the actual results to be materially different in future periods from those expressed or implied by such forward-looking statements. Risks that may prevent or delay the forward-looking statements from coming to fruition as anticipated include the availability of working capital, risks inherent in product development, as well as market factors that may increase costs or time to market. It is our policy not to update forward-looking statements except to the extent required under applicable securities laws. Further information on the Company is available at www.sedar.com or at the Company's website, www.airtest.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) is responsible for the adequacy or accuracy of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/118568

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