LADERA RANCH, Calif.–(BUSINESS WIRE)–Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of an approximately 50,000 square foot self-storage facility in Edmonton, Alberta, Canada with approximately 490 units. This is SST VI’s first acquisition of a Canadian facility outside Ontario, Canada.

Located at 10820 119^th Street NW, the property was converted from a warehouse to self storage in 2021-2022. It features more than 460 interior climate-controlled units and serves the North Glenora, Inglewood, Prince Rupert, Central McDougall and Westmount neighborhoods. In addition to strong population density and household income demographics, there are eight post-secondary institutions within a ten-minute drive of the property.

“Expansion is one of SST VI’s keys to growth, and Edmonton presents a new frontier for our portfolio to flourish,” said H. Michael Schwartz, CEO and President of SST VI. “We are excited to bring our proven success in the Greater Toronto Area to this dynamic market and be a part of Edmonton’s thriving business community.”

About Strategic Storage Trust VI, Inc. (SST VI):

SST VI is a Maryland corporation that elected to qualify as a REIT for federal income tax purposes. SST VI’s primary investment strategy is to invest in income-producing and growth self storage facilities and related self storage real estate investments in the United States and Canada. As of January 31, 2023, SST VI has a portfolio of 13 operating properties in the United States comprising approximately 8,660 units and 1,005,000 rentable square feet (including parking); four properties with approximately 3,900 units and 552,700 rentable square feet (including parking) in Canada; and joint venture interests in two development properties in Toronto, Ontario.

About SmartStop Self Storage REIT, Inc. (SmartStop):

SmartStop Self Storage REIT, Inc. (“SmartStop”) is a self-managed REIT with a fully integrated operations team of approximately 450 self storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self storage programs. As of January 31, 2023, SmartStop has an owned or managed portfolio of 181 operating properties in 22 states and Canada, comprising approximately 124,800 units and 14.1 million rentable square feet. SmartStop and its affiliates own or manage 24 operating self-storage properties in Canada, which total approximately 20,400 units and 2.1 million rentable square feet. Additional information regarding SmartStop is available at www.smartstopselfstorage.com.

Contacts

David Corak
VP of Corporate Finance

SmartStop Self Storage REIT, Inc.

IR@smartstop.com

LADERA RANCH, Calif.–(BUSINESS WIRE)–Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of an approximately 104,750 square foot self-storage facility in Toronto, Ontario, Canada with approximately 1,020 interior climate-controlled units and approximately 275 parking spaces on nearly five acres of land.

Located at 1450 Don Mills Road, the property was converted from an office building to self storage in 2020. It is easily accessible from the Don Valley Parkway and Highway 401 and serves the York Mills, Don Mills and Parkwoods neighborhoods. There are more than a dozen new residential developments in construction or planning within two miles of the property.

“The area’s favorable demand dynamics, including high population growth, density and household income, are expected to provide a strong customer base and stable revenue stream for the long term,” said H. Michael Schwartz, CEO and President of SST VI. “This acquisition significantly increases our presence in Toronto and strengthens our position in the market.”

About Strategic Storage Trust VI, Inc. (SST VI):

SST VI is a Maryland corporation that elected to qualify as a REIT for federal income tax purposes. SST VI’s primary investment strategy is to invest in income-producing and growth self storage facilities and related self storage real estate investments in the United States and Canada. As of January 31, 2023, SST VI has a portfolio of 13 operating properties in the United States comprising approximately 8,660 units and 1,005,000 rentable square feet (including parking); four properties with approximately 3,900 units and 552,700 rentable square feet (including parking) in Canada; and joint venture interests in two development properties in Toronto, Ontario.

About SmartStop Self Storage REIT, Inc. (SmartStop):

SmartStop Self Storage REIT, Inc. (“SmartStop”) is a self-managed REIT with a fully integrated operations team of approximately 450 self storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self storage programs. As of January 31, 2023, SmartStop has an owned or managed portfolio of 181 operating properties in 22 states and Canada, comprising approximately 124,800 units and 14.1 million rentable square feet. SmartStop and its affiliates own or manage 24 operating self storage properties in Canada, which total approximately 20,400 units and 2.1 million rentable square feet. Additional information regarding SmartStop is available at www.smartstopselfstorage.com.

Contacts

David Corak
VP of Corporate Finance

SmartStop Self Storage REIT, Inc.

IR@smartstop.com

DODGE CENTER, Minn. & LONDON, Ontario–(BUSINESS WIRE)–Right Lane Industries (“Right Lane”) announced today that it has entered into a purchase agreement to acquire London Machinery, Inc. and the Rear Discharge Mixer business of McNeilus Truck and Manufacturing, Inc. (collectively, “RDM” or the “Business”) from Oshkosh Corporation. The acquisition, which is expected to close near the end of February, includes all rear discharge concrete mixer operations of the seller, including the iconic Bridgemaster brand, but does not include any of the McNeilus-branded refuse or front discharge mixer product lines.

The London and McNeilus brands, with 171 years of combined heritage, will continue to serve the concrete industry under the leadership of industry veteran Bob Monchamp with the existing team remaining in place. The acquisition will be seamless for customers, who will continue to interface with their existing contacts at the Business to purchase the premier concrete mixers and OEM aftermarket parts and service. RDM will continue to manufacture new products out of London, Ontario, with an R&D and support facility in Dodge Center, MN, and provide aftermarket parts to customers globally.

“The RDM Business has distinguished itself in the concrete mixer industry as a leader in quality and product innovation, and we at Right Lane are excited to partner with the existing team to continue to build upon that legacy and to deliver enhanced value to our customers over time,” said Eric Mara, CEO of Right Lane.

Bob Monchamp, who will be named President upon the closing of the acquisition, commented, “Our industry leading brands will continue to serve the concrete industry under the new ownership of Right Lane. Our team is excited to continue to support customers and drive innovation in the rear discharge market. We see tremendous opportunities for the brands with a dedicated focus on the rear discharge mixer business.”

About Right Lane Industries

Right Lane Industries is a privately-held industrial holding company focused on acquiring manufacturing and industrial services businesses for a permanent holding period. RLI is controlled and majority-owned by its management team, which allows for nimble decision making, and a long-term orientation that is driven by a desire to build great businesses. Right Lane specializes in corporate carveouts and other non-traditional buyout transactions.

Contacts

For comments or questions, please contact:

Woody Cissel, VP Corporate Development

Email: wcissel@rightlaneindustries.com
Phone: 312-766-3368

www.rightlaneindustries.com

HOUSTON–(BUSINESS WIRE)–Westlake Royal Building Products^™ has introduced the Immersive Experience – an online 3D interactive program designed to showcase exterior products from all Westlake Royal brands. The Immersive Experience invites participants to explore product, color and texture options for enhancing the exteriors of three unique homes with different price points and six different color schemes per house.

Contractors, builders, architects and homeowners can discover the boundless array of materials and expressive color palettes available from Westlake Royal Building Products as they explore the Custom Home, Mid-Range Home and Multi-Home Builder designs. The program begins with an avatar introduction, providing an overview of each home and product selections where users can interact and select key hotspots to learn about product details and color options. Easily travel around the front and rear elevations of the home, engaging with different interactive features along the way.

“Immersive shows how our family of brands work together to meet any home demand,” said Steve Booz, vice president, marketing, Westlake Royal Building Products. “We developed this interactive program to inspire and educate people on how multiple surface changes work together to create boundless opportunities for customizing home exteriors with our vast array of products.”

Three Unique Home Designs

On the Custom Home exterior, the six schemes feature roofing from DaVinci^® Roofscapes, TruExterior^® Siding and Trim, Eldorado Stone^® and Cultured Stone^® sidewall treatments, Zuri^® Premium Decking and Kindred^® outdoor elements. The textures and colors amplify the designs and elevate the senses.

For the Mid-Range Home exterior, Unified Steel^™ Stone Coated Roofing and Newpoint^™ Concrete Roof Tile options are highlighted, plus Celect^® Cellular Composite Siding and Trim and Cedar Renditions^™ aluminum siding. Versetta Stone^® sidewall treatments, Zuri decking, Kindred outdoor elements and Atlantic Premium Shutters^® help transform the home with boundless designer options.

The Multi-Home Builder exterior features Newpoint^™ Concrete Roof Tile, Foundry^® and Royal^® Estate^™ siding, plus Versetta Stone sidewall treatment. Mid-America^® shutters, Royal Trim and Kindred outdoor materials complete the home tour options.

Boundless Color Options

Coordinating the color palettes for the six schemes on each home required the special talents of Kate Smith, chief color maven at Sensational Color. Using the broad color offering available from each brand, Smith found palettes that harmonized across all products to create enticing schemes meeting the demands of today’s homeowners.

“There were boundless color options to select from within the Westlake brands,” said Smith. “According to the national and regional color trends I’ve researched, we came up with colors and styles that consumers currently find most desirable.

“These include contemporary dark primary colors like black, charcoal and gray. Then there’s a crisp, white modern farmhouse palette. We also relied on some classic color combinations plus timeless neutrals that shine on their own or can coordinate with the brick or stonework on the home designs.”

According to Smith, each Westlake brand had a broad color offering, making it easy to find palettes that harmonize across the products. “One of my favorites is the combination of the Newpoint Saxony Slate in Cheyenne on the Multi-Home Builder,” said Smith. “When paired with the Versetta Stone in Plum Creek, the roof and stonework together work beautifully to set off against the updated deep primary and door colors.”

“Another favorite is the DaVinci Province Slate in the European blend of colors on the Custom Home. When matched with the Eldorado Stone Ledge in Whitecap with the white, pale gray and black, it’s an elegant combination that any homeowner would love.”

Hands-On Resource

The Immersive site (www.WRBPimmersive.com) is the single-source inspirational site for building industry professionals to gain insights into the limitless array of products available from Westlake Royal Building Products.

“As you select different roof options with stone sidewalls and trim, you can quickly see how products enhance a home design,” said Booz. “We’re making boundless happen. With our wealth of building products that take every architectural style to the next level, the Immersive tool shows how we give visions dimension.”

The three home designs used in the Immersive Experience appeal to different needs of builders. The Custom and Mid-Range Homes were created by BSB Design out of Charlotte, North Carolina. The Multi-Home Builder design concept comes from Larry Garnett Designs out of Glen Rose, Texas.

About Westlake Royal Building Products

Westlake Royal Building Products USA Inc., a Westlake company (NYSE:WLK), is a leader throughout North America in the innovation, design, and production of a broad and diverse range of exterior and interior building products, including Siding and Accessories, Trim and Moulding, Roofing, Stone, Windows and Outdoor Living. Westlake Royal Building Products manufactures high quality, low maintenance products to meet the specifications and needs of building professionals, homeowners, architects, engineers and distributors, while providing stunning curb appeal with an unmatched array of colors, styles, and accessories.

For more information, please visit WestlakeRoyalBuildingProducts.com. Follow us on LinkedIn and Instagram and “Like” us on Facebook.

Contacts

Wendy Bruch

913-599-0766

wbruch@davinciroofscapes.com

TORONTO–(BUSINESS WIRE)–Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”), a leader in smart buildings and cities through IoT, Cloud and SaaS technology, has been selected by an Ontario based city (the “Customer”) to deliver a Net Zero Emission and Climate Action plan. Kontrol won the new Customer through a competitive bid process.

Continued Growth in the Public Sector

“We continue to execute on our growth in the public sector with another important win for our Net Zero Emission solutions,” says Paul Ghezzi, CEO of Kontrol Technologies. “Through a lengthy and detailed process, we were able to demonstrate our value proposition against much larger competitors.”

With hundreds of buildings under management, the Customer has a goal of advancing their target of net zero emissions by 2030. For industry competitive purposes the Customer will not be named.

“To accelerate decarbonization and net zero emissions, existing buildings will need to implement upgrades and improvements including energy efficiency upgrades and the generation and storage of carbon-free renewable energy,” continues Ghezzi.

Kontrol Technologies Corp.

Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings.

Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com.

Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may,” “will,” “expect,” “likely,” “should,” “would,” “plan,” “anticipate,” “intend,” “potential,” “proposed,” “estimate,” “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. Forward-looking information contained in this press releases includes, but is not limited to, the following: future Carbon solutions to be offered by Kontrol for its potential customers; future goal of monetizing carbon credits; the anticipated timing of the initial design, feasibility, implementation, and potential carbon credit monetization of the Company’s Net Zero emissions solution; installation of and energy savings that the Company’s technology will provide for the Customer; the future success of any of Kontrol’s products; and customer demand relating to energy management.

Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company; that future Carbon solutions can be conducted as planned; that technology will be as effective as anticipated; that existing relationships and contracts entered into by the Company will continue on the same or similar terms, or at all; that the anticipated timing of implementing the Net Zero emissions solution and energy saving design for the Customer will go as planned; and that demand will continue for energy management products and for the Company’s products in particular.

Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.

Contacts

Kontrol Technologies Corp.
Paul Ghezzi

CEO

info@kontrolcorp.com
601 Rowntree Dairy Road, Unit B

Vaughan, ON L4L 5T8

Tel: (905) 766.0400