ATI Airtest Technologies Inc.
FOR IMMEDIATE RELEASE
AirTest Subsidiary Clairtec Inc. to Focus on Airware™ Breakthrough Technology
DELTA, BC, February 2, 2010 –- George Graham, President of ATI AirTest Technologies Inc. (“AirTest”,
TSXV: AAT) is pleased to announce the formation of a new subsidiary company Clairtec Inc. (“Clairtec”)
Clairtec will focus on the development, marketing and production of infrared sensors incorporating the
breakthrough innovation discovered by Airware Inc. which was licensed to AirTest in November, 2009.
AirTest will continue to market this revolutionary technology to its existing market, however Clairtec will be
able to access a multitude of opportunities for this unique gas sensor technology.
AirTest will assign the License Agreement with Airware to Clairtec. Initially, AirTest will be the sole
shareholder of Clairtec with 20 million shares being issued to AirTest. Clairtec intends to become a public
company subject to its IPO being approved by the TSX Venture Exchange. In the meantime, to provide
initial financing for the new company, Clairtec will sell 4 million seed shares at $0.25 per share to raise $1
AirTest president George Graham and Vice President Mike Schell have been devoting much of their time
ensuring the development of the new technology is progressing as set out in a schedule prepared in early
December following the signing of the Exclusive License Agreement with Airware in early November,
2009. Mike Schell has also had considerable interaction with several potential customers for the new
Airware technology products. Both Graham and Schell will be delegating their day to day obligations
with AirTest to devote full attention to the promotion and development of Clairtec, currently AirTest’s
Many markets for Clairtec’s new sensor technology have been identified, and discussions with potential
customers have progressed to the point where three companies have committed to work with Clairtec as
they develop products specifically for their application. Known applications based on experience to date
indicate a potential global market for Clairtec sensors including formaldehyde, carbon dioxide, dew point,
hydrocarbons, refrigerants, carbon monoxide, nitrogen dioxide and other greenhouse gases to be an
estimated $13.2 Billion. These markets have been identified by specific application for each type of gas
sensor. Potential customers include manufacturers of air handling equipment, dehumidification
equipment, consumer appliances, refrigeration equipment, control systems and environmental monitoring
The AirWare™ technology represents a breakthrough in the ability to cost effectively measure a variety of
gases using a maintenance free sensor design that has a long life (7-15 years), does not require
calibration, and is immune to temperature variation. In a review of this technology by Oak Ridge National
Laboratories, a major US government research facility, it was concluded, “this technology addresses the
central weakness in NDIR (non dispersive infrared) sensors – calibration stability.” According to Mike
Schell of Airtest “The ability to eliminate calibration as a factor in gas sensing significantly reduces the
total operating cost of this technology and makes it now suitable to be integrated as a control or safety
component into wide variety of product applications where a long maintenance-free product life is
essential. This includes applications for commercial, industrial, and consumer products as well as the
growing field of environmental and greenhouse gas monitoring/verification.”
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.
About Airware Inc:Airware Inc. (www.airware-inc.com) is a research and development company
specializing in the application of custom, non-dispersive infrared gas measurement solutions to a wide
variety of commercial, residential and industrial gas sensing applications.
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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.