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Feature Company: Universal PropTech (TSXV:UPI)

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Through its wholly-owned subsidiary, VCI Controls, the company acquires and deploys intelligent building technology, including the integration of all building systems utilizing the latest in communications technologies and standards, with a focus on digital controls and mechanical services, performance monitoring, and energy efficiency solutions.

Additional Information:

Company: Universal PropTech
Website: http://www.UniversalPropTech.com
Stock Symbol: TSXV: UPI
Date Published: Jan 4, 2021
Transcript: Available

Video Transcript:

I’m Megan Edwards for Investmentpitch Media

Today’s feature company is Toronto-based Universal PropTech, a building innovation company providing solutions and services to building developers, owners and operators across Canada.

Through its wholly-owned subsidiary, VCI Controls, the company acquires and deploys intelligent building technology, including the integration of all building systems utilizing the latest in communications technologies and standards, with a focus on digital controls and mechanical services, performance monitoring, and energy efficiency solutions.

With more than 40 years of experience, the company’s clients number among the most well known
companies and organizations in Canada.

As an initial step toward expanding its product offerings, the company introduced Delta-X™ Trust, a
technology package, licensed from Delta-X Global Corp., that offers building administrators touchless facial recognition, temperature detection and multi-factor authentication technology to improve hygiene and security standards in any public, high-risk or restricted-access environment.

Delta-X™ Trust solutions can be applied to communities, office buildings, bus stations, airports, hotels, schools, hospitals and other public places with heavy traffic, helping to achieve intelligent security management and disease prevention.

Chris Hazelton, President and CEO, stated: “It is exciting to leverage the solid foundation of our 40-year old HVAC/Building Controls business to bring PropTech innovation to market. We have a clear advantage of understanding and controlling the building systems and assets, and will deliver proven and scalable innovation to the marketplace with clear urgency. With the post COVID-19 realization that our real estate can make us sick, we are working with property owners to introduce both existing and new approaches to ensuring air is clean, surfaces are sanitary, airborne transmission of pathogens are limited and costs are reduced.”

The company recently entered into agreements with UniversalCare Canada Inc. to install a Delta-X unit within its Richview Retirement Residence facility, and with Mentana Group Inc. to install a unit within their Vaughan Sports Village facility.

Chris Hazelton, President and CEO, added: “The company and each of these facilities will scope out the unit protocols over the coming weeks to ensure the units provide additional security and protection for users of the facilities. Seniors homes, schools and other institutional facilities are among the highest risk facilities to prevent the spread of COVID-19, and we are pleased that we can be part of the solution.”

While the Canadian Government expects to vaccinate the majority of Canadians by the end of 2021, it is still unclear as to the length of time that vaccines will protect Canadians.

Technology such as Delta-X Trust can be a key tool to manage the flow of people in and out of high traffic public and private facilities, providing property managers with the protocols to improve the safety of the tenants and visitors to a site.

Other clients of the company have expressed an interest to have Delta-X Trust units installed, and the company will continue to refine the strategy to scale the opportunities.

Universal PropTech is uniquely positioned to benefit from the billions of dollars that will be spent in 2021 upgrading HVAC and BAS systems in response to COVID-19.

The shares are trading at $0.30

For more information, please visit the company’s website www.UniversalPropTech.com, contact Chris Hazelton, President and CEO, at 647-300-2957 or email chazelton@UniversalPropTech.com.

I’m Megan Edwards for Investmentpitch Media