Universal PropTech Receives Approximately $550,000 Award for Building Automation System For Toronto Film Studios

Universal Proptech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce that on May 6, 2021, the company's wholly-owned subsidiary, VCI Controls Inc. ("VCI"), received a Purchase Order for approximately $550,000 from a mechanical contractor to install a building automation solution for a Toronto film studios. VCI will provide product, install and commission the BAS (Building Automation System) over the course of a year.

"One of our areas of focus has been to increase sales from existing customer base, and we're delivering," commented Chris Hazelton, Chief Executive Officer, Universal Proptech Inc. 

VCI has been providing BAS servicing to the Toronto film studios for a few years now, and this project is part of a site expansion.

About Universal Proptech Inc.

Universal Proptech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) is a leading building innovation company, selecting, integrating, deploying, and maintaining PropTech in healthy buildings. As trusted advisors, we provide holistic evidence-driven solutions and services for building developers, owners, and operators in Canada. UPI operates through its wholly owned subsidiary, VCI Controls Inc. ("VCI"), a leading supplier and integrator of PropTech healthy building solutions and services. VCI is an industry leader in the acquisition and deployment of intelligent building technology, including the integration of all building systems utilizing the latest in communications technologies and standards. VCI's business focuses on digital controls and mechanical services, performance monitoring, and energy efficiency solutions.

With headquarters in Toronto, Universal Proptech Inc. has offices across Canada including, Halifax, Montreal, and Ottawa. For more information, visit www.universalproptech.com.

Contact Information

Universal Proptech Inc.
Chris Hazelton
President and Chief Executive Officer
chazelton@universalproptech.com
(647) 300-2957

Forward-Looking Statements

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