NCO

Nuvolt Corporation Inc. ("Nuvolt") (TSX VENTURE:NCO) is pleased to announce the
conclusion of a collaboration agreement with Cominar Real Estate Investment
Trust ("Cominar") (TSX:CUF.UN) to adapt its SmartScan Pro system to the needs of
commercial buildings owners. 


Mr. Jacques Dion, President and Chief Executive Officer of Nuvolt, considers
this agreement as an important step to activate the marketing of SmartScan Pro
to the real-estate market. "This agreement with Cominar, a national leader in
the commercial real-estate market, allows us to have access to some of its
strategic buildings and to benefit from the expertise of a leading team." 


Cominar is interested in the SmartScan Pro technology, an equipment and
electrical network monitoring and management system, for its ability to predict
an electrical failure and, therefore, reduce costs of equipment failures and
production downtimes. SmartScan Pro could become an important tool for
preventive maintenance of commercial buildings.


SmartScan Pro is the adapted product of SmartScan, for uses in commercial and
industrial markets.


About Cominar 

Cominar Real Estate Investment Trust is one of the largest diversified real
estate investment trusts in Canada and the largest commercial property owner and
manager in the province of Quebec. As at March 2, 2012, our real estate
portfolio includes 385 office, retail, and industrial properties in the
provinces of Quebec and Ontario, in the Atlantic Provinces and in Western Canada
and represents more than $4.6 billion in assets. 


About Nuvolt 

Nuvolt Corporation has developed a specialized expertise in the monitoring and
the management systems for electrical failures, power quality, the detection and
neutralization of leakage current for the agriculture, maritime, commercial and
industrial markets.


SmartScan is now available to the agriculture market. The SmartScan system has
the ability to predict an electrical failure on equipment and electrical
networks. It could prevent equipment failures and production downtime on
production assembly lines and commercial buildings and also fire risks. The
ShipScan, for the maritime market, and the SmartScan Pro, for the industrial
market, are under manufacturing. The first deliveries to customers are planned
for May 2012.


Certain statements contained in this press release constitute forward-looking
information. Such statements are based on the current expectations of
management. You are cautioned that such statements can be subject to a multitude
of risks and uncertainties that could cause actual results, future circumstances
or events to differ materially from those projected in the forward-looking
information. The reader should not place undue reliance on the forward-looking
information included in this press release given that (i) actual results could
differ materially from a conclusion, forecast or projection in the
forward-looking information, and (ii) certain material factors or assumptions
were applied in drawing a conclusion or making a forecast or projection as
reflected in the forward-looking information could prove to be inaccurate. These
statements speak only as of the date they are made, and Nuvolt assumes no
obligation to revise such statements as a result of any event, circumstance or
otherwise, except in accordance with law.

Nuvolt Corporation Inc. (TSXV:NCO)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024

Nuvolt Corporation Inc. (TSXV:NCO)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024