ATI AirTest Sees 20% YoY Sales Increase

Delta, British Columbia--(Newsfile Corp. - August 10, 2022) - ATI AirTest Technologies Inc. (TSXV: AAT) (OTC Pink: AATGF) CEO Ted Konyi is very pleased to announce that sales to the end of July 2022 have seen a 20% increase over the same period last year.

The Company has seen a 20% increased sales flow over the course of the first 7 months of the year as compared to last year. The increase is deemed to be partly due to a recovery since the pandemic slowed sales in 2020 and 2021 and partly due to the launch of the digital communicating sensors for parking garage applications. The sales growth should see full-year sales exceed 2021 and 2020. With a number of larger projects in development, ATI AirTest is looking forward to increased profitability this year.

The recently launched TR2000-DIGI, is addressing a market that the industry is now demanding. The new "DIGI" is the first gas sensing product that can provide the four most popular digital communication protocols used in the buildings industry today. These protocols are used in 95% or more of the building automation market. This single device communicates via BACnet IP, BACnet MS-TP, Modbus RS485 and LonWorks FT. The DIGI can also measure temperature and allow a second analog sensor to be inexpensively added for applications where two gases must be measured in a parking garage according to code (CO and NO2). Contractors love the fact that one transmitter can be applied to almost any project regardless of the communication language used.

Ted commented, "The results to date are very encouraging. With new sales activity stemming from the DIGI and additional sales to OEM customers, things are looking quite promising. Additionally, the Company's primary solutions, for improving Energy Efficiency, are generating tremendous interest. The significant rise in energy prices, coupled with more awareness and action regarding carbon emissions reduction, has created a perfect storm for the Company's solutions. We look forward to a strong finish for the year and continued growth into the future."

About AirTest: ATI AirTest Technologies is a Green-Tech company specializing in Demand Control Ventilation systems that improve commercial building operating efficiency and generate proven energy savings. The company has developed new wireless sensors with dynamic real-time communication and control technologies, which builds upon ten years of experience and thousands of installations amongst clients such as Lowe's, Shoppers Drug Mart and Ikea. ATI AirTest solutions provide data on levels of Indoor Air Quality required by Schools, Retail Stores and Offices.

For further information, please 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.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/133293

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