TORONTO–(BUSINESS WIRE)–$KNR #esg—Kontrol Technologies Corp. (Cboe CA:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”) operates a sustainable buildings platform for customers including REITS, municipalities, property managers and industrial and commercial buildings.

Following a Board review and approval the Company has initiated the addition of Bitcoin or Bitcoin related proxies to its Balance Sheet with an initial investment of $1 Million. The Company is also working towards a continuous purchase plan which may include re-investment of future cash flows and/or treasury assets. Further information will be provided when that plan is established.

“With institutional adoption accelerating we believe now is an opportune time to initiate and develop our long-term bitcoin strategy,” says Paul Ghezzi, CEO of Kontrol. “Bitcoin is now being mined with growing sustainable energy solutions such as wind, solar and geothermal and we anticipate that will continue. We also see a potential to grow into that operating market and develop new solutions and partnerships.”

The Company has no long term secured debt, is generating interest income from its treasury holdings and has sufficient capital on hand to execute on its mergers and acquisitions strategy as previously disclosed in the press release dated October 29, 2024.

Additional Bitcoin Opportunities related to Sustainability

According to Forbes.com, Bitcoin may provide a positive net effect to sustainable energy… While environmentalists have pilloried the cryptocurrency in years past, new research shows that more than 50% of bitcoin’s power mix now comes from renewables. source: Forbes.com

The Company is reviewing potential opportunities to work with or partner with bitcoin mining related companies who are seeking to use excess energy generated during the bitcoin mining process to power traditional building infrastructure. The Company has not entered into any such agreements at this time and will provide a market update should it do so.

Kontrol Technologies Corp.

Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities and 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.sedarplus.ca.

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: the potential benefits of an acquisition; the completion of a Letter of Intent; the addition of Bitcoin to the Company’s balance sheet, the future operations of the Company; and the Company’s ability to make accretive acquisitions.

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 the Company will have sufficient financial and other resources to fulfil expectations with respect to future operations and meet contractual payment obligations.

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

Paul Ghezzi, CEO

info@kontrolcorp.com
11 Cidermill Avenue, Suite 201

Vaughan, ON L4K 4B6

Tel: (905) 766.0400

HOUSTON–(BUSINESS WIRE)–#DXPE—DXP Enterprises, Inc. (the “Company”) (NASDAQ: DXPE), a leading business to business products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every industry, plans to issue a press release announcing its financial results for the third quarter ended September 30, 2024, on Monday, November 4^th. The earnings announcement will be released after the U.S. stock market closes. DXP will host a conference call, to be web cast live, on the Company’s website (www.dxpe.com) at 10:30 AM Central Time on Tuesday, November 5^th.

The call and an accompanying slide presentation will be on the “Investor Relations” section of DXP’s website at www.dxpe.com. A replay of the webcast will be available shortly after the conclusion of the presentation.

DXP’s earnings press release, the slides and other related presentation materials will be posted to the “Investor Relations” section of DXP’s website under the subheading “Financial Information” after the market closes on the date of the earnings call and will remain available following the call.

Web participants are encouraged to go to the Company’s website (www.dxpe.com) at least 15 minutes prior to the start of the call to register, download and install any necessary audio software.

The Private Securities Litigation Reform Act of 1995 provides a “safe-harbor” for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made by or to be made by the Company) contains statements that are forward-looking. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future; and accordingly, such results may differ from those expressed in any forward-looking statement made by or on behalf of the Company. These risks and uncertainties include, but are not limited to; ability to obtain needed capital, dependence on existing management, leverage and debt service, domestic or global economic conditions, and changes in customer preferences and attitudes. For more information, review the Company’s filings with the Securities and Exchange Commission.

Contacts

DXP Enterprises, Inc.

Kent Yee, 713-996-4700

Senior Vice President, CFO

www.dxpe.com

TORONTO & NEW YORK–(BUSINESS WIRE)–The Real Brokerage Inc. (NASDAQ: REAX, “Real” or the “Company”) today announced that on October 31, 2024, Judge Stephen R. Bough of the United States District Court for the Western District of Missouri granted final approval of the Settlement Agreement the Company entered into to resolve pending class action litigation, Umpa v. NAR, No. 4:23-cv-00945 (W.D. Mo.), on a nationwide basis (the “Settlement Agreement”). The Company first announced the Settlement Agreement on April 8, 2024.

As previously disclosed, the Settlement Agreement conclusively addresses all claims asserted against Real in the Umpa lawsuit, releasing Real, its subsidiaries, and affiliated agents from these claims. The Settlement Agreement does not constitute an admission of liability by Real, nor does it concede or validate any of the claims asserted in the litigation.

Under the terms of the Settlement Agreement, Real paid $9.25 million into a qualified settlement fund within 30 days after the District Court granted preliminary approval of the settlement on April 30, 2024. The Company does not foresee the settlement terms having a material impact on its future operations.

The Settlement Agreement will become effective following any appeals process, if applicable.

About Real

Real (NASDAQ: REAX) is a real estate experience company working to make life’s most complex transaction simple. The fast-growing company combines essential real estate, mortgage and closing services with powerful technology to deliver a single seamless end-to-end consumer experience, guided by trusted agents. With a presence throughout the U.S. and Canada, Real supports more than 22,000 agents who use its digital brokerage platform and tight-knit professional community to power their own forward-thinking businesses.

Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. These statements reflect management’s current beliefs and are based on information currently available to management as of the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, expectations regarding the settlement and settlement agreement.

Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real’s business objectives, expected growth, results of operations,performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. Important factors that could cause such differences include, but are not limited to, slowdowns in real estate markets, economic and industry downturns, Real’s ability to attract new agents and retain current agents and those risk factors discussed under the heading “Risk Factors” in the Company’s Annual Information Form dated March 14, 2024, a copy of which is available under the Company’s SEDAR+ profile at www.sedarplus.ca. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

Contacts

Investor inquiries:

Ravi Jani

Vice President, Investor Relations and Financial Planning & Analysis

investors@therealbrokerage.com
908.280.2515

Media inquiries:

Elisabeth Warrick

Senior Director, Marketing, Communications & Brand

elisabeth@therealbrokerage.com
201.564.4221

The iGUIDE PLANIX R1 is designed for precision, speed, and efficiency, pushing the boundaries of digital twin technology adoption

WATERLOO, Ontario–(BUSINESS WIRE)–Planitar Inc., makers of iGUIDE, a proprietary camera and software platform for capturing and delivering 3D virtual tours and property data, today introduced the iGUIDE PLANIX R1, a fast, lightweight, and affordable lidar-equipped 360-degree camera system for creating accurate floor plans, 3D tours, ESX files, CAD drawings and 3D models.

“The PLANIX R1’s compact, rugged design, combined with its speed and accuracy, sets it apart from traditional rotating cameras, which are often more cumbersome, slower to operate, and costly to process,” said Alexander Likholyot, CEO and co-founder of Planitar, Inc. “The PLANIX R1 enables users to achieve professional results with a single snap from a high-resolution, 360-degree, lidar-equipped device that can go anywhere. It’s the next step in the evolution of our PLANIX cameras, featuring a streamlined system architecture that delivers robust capture capabilities and an unparalleled experience for everyday use and capturing anything, from very small to very large spaces.”

Building on a decade of iGUIDE hardware innovation, the PLANIX R1 is a quick-capture camera system that delivers unsurpassed accuracy in floor plans and easy-to-navigate 3D virtual tours. Once captured, the rich property data can seamlessly be uploaded to the iGUIDE Portal via the iGUIDE PLANIX mobile app. Depending on the project type, an iGUIDE 3D virtual tour and floor plan can be delivered in minutes, with complete 3D CAD drawing packages available within a few days.

PLANIX R1 key features include:

• Improved visuals: As the next evolution of the PLANIX camera system, the R1 offers higher image resolution with better colors and contrasts for higher-quality images within the iGUIDE 3D Virtual Tour, powered by the fully integrated Ricoh THETA X 360-degree camera.
• Trusted iGUIDE accuracy: The R1’s lidar delivers enhanced accuracy, limiting measurement uncertainty in distance measurements on floor plans to 0.5% or better and in square footage to 1% or better.
• Compact and rugged design: The R1 is small and weighs just 980g, (2.2 lbs.), making it easy to carry in any camera bag and combine with other gear. The system cover protects imaging and measurement optics from elements during storage.
• All-day battery life: Thanks to the R1’s long-lasting battery, photographers and capture specialists can shoot all day without changing batteries or connecting to an external battery pack. Replacement batteries can be conveniently obtained from hardware stores.
• No monthly subscriptions: No monthly fees mean flexibility and no extra fixed costs. Processing and 1-year hosting are included with iGUIDE pay-per-project fee structure and customers can download their data for self-hosting or offline use.

“The new PLANIX R1 incorporates numerous improvements for a more efficient and capable device. The integration of iGUIDE technology into my business has been a key component of our success, and with the new PLANIX R1, iGUIDE improves our ability to get the job done faster and deliver enhanced results to our clients,” said Doug Logan, founder, Fine Homes Photography, who shared his thoughts after being part of a pre-release group that got to experience the PLANIX R1 before its official launch.

For professionals in real estate, architecture, engineering, construction, insurance and restoration, the PLANIX R1 is the most affordable 360-degree camera with lidar technology in its class. It retails for $2,499 US and $3,399 CDN, making it accessible to photographers and capture specialists. Various file outputs and reliable operator support make the PLANIX R1 the most flexible solution.

For more information, visit: goiguide.com.

About Planitar:

Founded in 2013 in Kitchener, Ontario, Canada, Planitar Inc. is the maker of iGUIDE, a proprietary camera and software platform for capturing and delivering immersive 3D virtual tours and extensive property data. iGUIDE is the most efficient system to map interior spaces and features accurate floor plans, measurements and reliable property square footage. By integrating floor plans and visual data, iGUIDE provides an intuitive and practical way to navigate and explore built environments digitally. For more, visit goiguide.com.

Contacts

Skylar Lawrence-LeBel

647-455-0585

skylar@planitar.com

NORTH ANDOVER, Mass.–(BUSINESS WIRE)–Watts Water Technologies, Inc. (NYSE: WTS) today announced that Robert J. Pagano, Jr., Chief Executive Officer & President; Shashank Patel, Chief Financial Officer; Andre Dhawan, Chief Operating Officer; and Diane McClintock, Senior Vice President FP&A and Investor Relations will participate in and present at the 2024 Baird Global Industrial Conference on Wednesday, November 13, 2024, at 8:30 AM Central Time at the Ritz-Carlton Chicago at Water Tower Place, 160 East Pearson Street, Chicago, Illinois.

Watts Water Technologies, Inc., through its family of companies, is a global manufacturer headquartered in the USA that provides one of the broadest plumbing, heating, and water quality product lines in the world. Watts Water companies and brands offer innovative plumbing, heating, and water quality solutions for commercial, residential, and industrial applications. For more information, visit www.watts.com.

Contacts

Watts Water Technologies, Inc.

Diane McClintock

Senior Vice President FP&A and Investor Relations

Telephone: 978-689-6153

investorrelations@wattswater.com

Funding enables Mave to accelerate the development of its AI assistant which makes agents more effective and productive by handling their back-end tasks

TORONTO–(BUSINESS WIRE)–#AI—Mave, the AI assistant for real estate, today announced it has raised CAD$2 million in pre-seed funding and launched its beta program for agents and brokers. The investment, which was raised and closed in just a few weeks, was led by Relay Ventures and N49P with participation from Alate Partners, Clarim Ventures, and Gambit Partners, along with several angel and strategic investors including a past-president of the Toronto Real Estate Board.

When Mave founder and CEO Raz Zohar and his wife bought their first home, it sparked curiosity about the extensive, time-consuming work that real estate agents manage behind the scenes to close a deal. With over 4.5 million homes sold yearly in North America by 2 million agents across 350,000 brokerages, Raz wanted to understand why agents invest more than 35 hours doing administrative work for each transaction, and why the industry had not yet evolved to improve this. So he became an executive assistant for agents across the Greater Toronto Area (GTA), gaining firsthand experience with the constant demands on agents’ time and their reliance on phone calls, texts, and emails to manage tasks while juggling client needs across the city. Raz discovered that brokerages strive to support agents, but with their commission split per deal getting smaller and smaller, many lack resources for dedicated backend assistance. Recognizing this gap, along with the opportunity presented by the rapid improvements in artificial intelligence (AI) and large language models (LLM), Mave was born as an AI assistant for real estate agents and brokers.

While Mave has been operating in stealth mode, it has already attracted interest from over 6,000 real estate agents across more than 90 brokerages in the GTA. From this pool of prospective users, Mave has selected 1,000 to initially onboard as part of its beta program. Brokers interested in the beta program for the Mave AI assistant can join the waitlist at maveai.co/sign-up.

In the last few months, Mave has grown to a team of ten, and is now actively hiring for engineering, product, marketing, and sales roles.

Mave is solving an age-old back-office efficiency problem in the real estate industry

To effectively support agents, the team at Mave has worked tirelessly to secure access to extensive market data and related property information through partnerships with real estate boards and other data providers. As the Mave AI assistant is trained using these deep insights, it enables real estate agents to harness market and neighbourhood insights to respond instantly to client requests and deliver an even greater level of customer service. Agents simply text questions to Mave such as “What is the price per square foot of homes in this postal code?” With Mave, research and analysis no longer takes agents an entire day.

With the Mave AI assistant, agents are more productive, and brokerages can finally offer the type of support their agents need to turn the stressful, anxiety-producing experience of buying or selling a home into a seamless transaction. Mave quickly automates backend tasks, such as creating social media posts, marketing materials, e-mails, and presentations in seconds, not hours or days. Since agents mainly use their phones to text or message their back-office teams, Mave seamlessly fits into existing workflows, enabling agents to interact with the AI assistant via text messages just as they would their real assistants to get tasks done.

“Not much has changed in recent years about the way the real estate industry operates. To modernize their brokerages, many look to existing tools for help. But these can be overwhelming for agents to use given the sheer volume of tasks for each listing and the fact that agents are always on the go. Mave is the first solution we’ve seen that really solves the core problems the industry faces in a way that is easy enough for any agent to adopt,” said Alex Baker, Managing Partner at Relay Ventures. “Raz’s vision is to harness the power of AI so any brokerage can streamline its backend operations and support its agents using something as simple as text and nothing more. We believe in Raz and his team and are confident that this is the right approach for the industry. With a critical mass of brokerages using Mave, it will become the operating system for the residential real estate industry.”

The number of reported daily wins and use cases shared by agents testing the platform have already exceeded Mave’s expectations. For example, for one agent participating in the beta program, the ability to immediately respond to a client’s questions and very quickly price the property enabled them to secure a listing within 24 hours. Another agent that used Mave to optimize a listing saw showings go from zero to 11 in one week. Another agent used Mave to create the concept, script, post, and caption for an Instagram campaign that led to a sale for $100,000 over the asking price.

“While our initial focus is on handling marketing tasks, with the funding in place we are expanding our development to establish Mave as a full-time assistant,” said Raz Zohar, founder and CEO of Mave. “Mave will handle key back-end administrative tasks, from coordinating an open house to finalizing contracts better and faster than ever before. This will enable agents to focus on what matters most – servicing their customers and growing their brand.”

Rapid adoption by PSR Brokerage agents showcases the power of the Mave AI Assistant

Among the first Mave beta customers is PSR Brokerage, a luxury boutique real estate firm with over 150 agents in Southern Ontario, including Toronto, Muskoka, Forest Hill, Vaughan, and Port Credit. The brokerage specializes in resale and pre-construction sales, supported by high-end marketing services for its clients. Within the first week of signing up to participate in the Mave beta program, 60 percent of agents are actively using the AI assistant at least six times per week.

“Mave gives our agents a competitive advantage by providing them with the exact support they need to improve their responsiveness to clients,” said Joshua Chisvin, VP of Resale, Partner at PSR Brokerage. “Clients have high expectations of realtors to know every detail about thousands of listings. With Mave, we finally found the perfect solution to enable our teams to meet this demand effortlessly. With essential information at our agents’ fingertips, productivity and client service are enhanced, empowering us to win listings more frequently.”

About Mave

Toronto-based Mave is an AI startup that empowers real estate agents and brokerages to deliver exceptional client service and grow their brands. As an AI assistant for real estate, Mave automates tasks and handles the back-end marketing and operations of real estate transactions, freeing agents to provide excellent customer service, acquire new clients, and grow their business. Visit maveai.co for more information.

Contacts

Media Contact
Lisa Ballard

Boulevard Public Relations

lisa@boulevardpr.com

LONDON–(BUSINESS WIRE)–$KW–Canada Pension Plan Investment Board (CPP Investments) has partnered with global real estate investment company Kennedy Wilson (NYSE:KW) to launch a new single-family rental housing joint venture (“the JV”) in the United Kingdom. CPP Investments will initially commit £500 million, with Kennedy Wilson committing £56 million. The JV will have an initial target of approximately £1 billion of asset value, including leverage, with the potential to commit further capital depending on market opportunities. CPP Investments will hold 90% of the venture and Kennedy Wilson will hold a 10% ownership interest moving forward.

Through partnerships with housebuilders, the JV will target energy efficient, new-build housing stock in strong and growing local economies that offer residents excellent connectivity, attractive local amenities, and proximity to strong employment prospects and educational institutions.

The investment program is seeded with properties from two developments sourced by Kennedy Wilson, including units under construction by Barratt Redrow in Norwich, where Kennedy Wilson is now leasing up the first phase of completed homes, and units by Miller Homes in Stevenage, which will deliver completed houses from Q2 2025. Kennedy Wilson has an active pipeline of opportunities totaling over £360 million and 1,100 units, with the capacity to reach 4,000 units at full capital deployment.

“Private capital can play an important role in addressing the current undersupply of high-quality rental housing in the UK, particularly where it is professionally managed to provide a great customer experience,” said Tom Jackson, Head of Real Estate Europe at CPP Investments. “Investing into the UK single-family housing sector aligns well with our broader real estate strategy, to undertake scalable investments into high quality assets with growing cash flows. We look forward to launching the JV alongside Kennedy Wilson to deliver strong returns for 22 million contributors and beneficiaries of the CPP fund.”

Kennedy Wilson will manage the JV and earn customary fees, leveraging its expertise as a long-term owner, operator, and debt provider for rental housing with more than 60,000 units owned or financed by Kennedy Wilson managed platforms across the United States, the UK, and Ireland. The company’s established global residential platform comprises a vertically integrated investment, asset management, and development team, and operating and reporting systems.

“Residential has long been a crucial part of Kennedy Wilson’s investment strategy, and our JV with CPP Investments, a leading global institutional investor, will propel our efforts to deliver much-needed rental homes for local families,” said Mike Pegler, President, Kennedy Wilson Europe. “The structural challenges facing institutionally managed rental housing in the UK provides a clear investment rationale to enter the market and leverage our deep experience in the sector. We are actively seeking opportunities to grow our portfolio, which offers substantial scalability potential in the UK, driving consistent risk adjusted returns in this high-conviction subsector.”

About CPP Investments

Canada Pension Plan Investment Board (CPP Investments™) is a professional investment management organization that manages the Fund in the best interest of the more than 22 million contributors and beneficiaries of the Canada Pension Plan. In order to build diversified portfolios of assets, investments are made around the world in public equities, private equities, real estate, infrastructure and fixed income. Headquartered in Toronto, with offices in Hong Kong, London, Mumbai, New York City, San Francisco, São Paulo and Sydney, CPP Investments is governed and managed independently of the Canada Pension Plan and at arm’s length from governments. At June 30, 2024, the Fund totalled C$646.8 billion. For more information, please visit www.cppinvestments.com or follow us on LinkedIn, Instagram or on X @CPPInvestments.

About Kennedy Wilson

Kennedy Wilson (NYSE: KW) is a leading real estate investment company with over $27 billion of assets under management in high growth markets across the United States, the UK and Ireland. Drawing on decades of experience, our relationship-oriented team excels at identifying opportunities and building value through market cycles, closing more than $50 billion in total transactions across the property spectrum since going public in 2009. Kennedy Wilson owns, operates, and builds real estate within our high-quality, core real estate portfolio and through our investment management platform, where we target opportunistic investments alongside our partners. For further information, please visit www.kennedywilson.com.

Special Note Regarding Forward-Looking Statements

Statements in this press release that are not historical facts are “forward-looking statements” within the meaning of U.S. federal securities laws. These forward-looking statements are estimates that reflect our management’s current expectations, are based on our current estimates, expectations, forecasts, projections and assumptions that may prove to be inaccurate and involve known and unknown risks. Accordingly, our actual results, performance or achievement, or industry results, may differ materially and adversely from the results, performance or achievement, or industry results, expressed or implied by these forward-looking statements, including for reasons that are beyond our control. Some of the forward-looking statements may be identified by words like “believes”, “expects”, “anticipates”, “estimates”, “plans”, “intends”, “projects”, “indicates”, “could”, “may” and similar expressions. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. We assume no duty to update the forward-looking statements, except as may be required by law.

KW-IR

Contacts

CPP Investments

Steve McCool

Public Affairs & Communications

+44 7780 224 245

smccool@cppib.com

Kennedy Wilson

Investors
Daven Bhavsar, CFA

Head of Investor Relations

+1 (310) 887-3431

dbhavsar@kennedywilson.com

European Media
Dido Laurimore and Eve Kirmatzis

+44 20 3727 1000

kennedywilson@fticonsulting.com

U.S. Media
Emily Heidt

Vice President, Communications

+1 (310) 887-3499

eheidt@kennedywilson.com