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Vaughan Based Kontrol Energy Provides Enterprise Software Pilot Update and Enters MOU with European OEM

Kontrol software and data analyticsVAUGHAN, ON / May 20, 2020 / Kontrol Energy Corp. (CSE:KNR)(OTCQB:KNRLF)(FSE:1K8) (“Kontrol” or “Company”) is pleased to announce that it has entered into a Memorandum of Understanding (MOU) with a European Original Equipment Manufacturer (OEM).

On May 19th, 2020, following the announcement on May 13th, 2020 for the launch of 2 SmartSite® pilots with the OEM, Kontrol and the OEM (collectively, “the parties”) have entered into an MOU. The purpose of the MOU is to provide the parties with an agreement on intellectual property rights, software development and equipment data ownership.

Full Article: kontrolenergy.com

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