ATI Airtest Technologies Inc.
FOR IMMEDIATE RELEASE
ATI AIRTEST TECHNOLOGIES INC. CLOSES PRIVATE PLACEMENT
DELTA, BC, Dec. 6, 2010 - Mr. George Graham, President of ATI AirTest Technologies Inc. ("AirTest"), is pleased to announce the closing of the Company's non-brokered private
placement financing previously announced on August 25, 2010. The placement resulted in gross proceeds of $280,000 as it was over-subscribed by $30,000 from the announced $250,000
expected gross receipts.
Commissions or finder's fees will be paid pursuant to this Private Placement in accordance with the policies of the TSX Venture Exchange.
The Proceeds of the offering will be used for the development of the new sensor technology under exclusive license to the Company. The Private Placement is subject to the approval
of the TSX Venture Exchange.
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 targeting the buildings market. AirTest also solutions to building equipment and controls and energy service
companies provides energy cost reduction manufacturers who incorporate AirTest sensor components in their products.
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.