ATI Airtest Technologies Inc.
FOR IMMEDIATE RELEASE
AirTest Moves Towards Acquisition of Breakthrough Infrared Gas Sensor Technology
DELTA, BC, Sept. 8, 2009 - AirTest Technologies (TSXV: AAT) is pleased to announce that it has signed a memorandum of understanding with a US based research and development
company that will allow the company to obtain excusive proprietary rights and other intellectual property to market and manufacture certain innovative, infrared based gas sensing
technologies developed by the company. This agreement includes worldwide patent rights to the technology ultimately leading to acquisition of the research and development group
The infrared measurement of gases is a well-established technology that has been in widespread use for over 60 years in industrial, medical, scientific and commercial
applications. In fact many of the sensor technologies currently offered by AirTest are based on infrared detection principals. The breakthrough innovation developed by this
company relates to the ability to achieve unprecedented enhanced performance of infrared gas sensor technology in terms of stability, cost to manufacture and low-level sensitivity.
According to George Graham, President of AirTest, "This innovation can be applied to a myriad of existing markets in industrial and commercial gas detection. It also opens the door
for penetration of new large markets related to appliance control, building control, environmental monitoring as well as life/fire safety applications in residential, commercial and
industrial applications." Graham added "we are withholding the name of this company for public release until we have finalized a definitive agreement which should occur in
the next few weeks."
According to Mike Schell, AirTest's VP of business development "AirTest's goal in acquiring this technology is to quickly implement the commercialization of this breakthrough
technology to all applicable commercial, industrial and residential market applications."
About AirTest: AirTest Technologies (www.airtesttechnologies.com) is a Green-Tech company
specializing in sensors that improve commercial building operating efficiency and at the same time create energy savings. These sensors are all based on technical innovations
developed in the last ten years, and comprise a growing second wave of energy saving technologies that will make a significant contribution to the Sustainable Buildings Program.
AirTest offers its products to leading-edge building owners, contractors and energy service companies targeting the buildings market. AirTest also provides energy cost reduction
solutions to building equipment and controls manufacturers who incorporate AirTest sensor components in their products.
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Statements about the Company's future expectations and all other statements in this press release other than historical facts are ?forward looking statements?.
The Company intends that such forward-looking statements be subject to the safe harbours created thereby. Since these statements involve risks and uncertainties and are subject to
change at any time, the Company?s actual results may differ materially from the expected results.
For further information, please contact:
Mr. George Graham, President
Phone: (604) 517 3888
Fax: (604) 517 3900
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.