Quadron Cannatech Corporation

Quadron Cannatech Corporation

September 05, 2017 08:30 ET

Quadron Awarded License to Be Technical Distributor and Integrator for Schneider Electric, a Global Specialist in Energy Management and Automation

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 5, 2017) - Quadron Cannatech Corporation (the "Company" or "Quadron") - (CSE:QCC)(CSE:QCC.CN)(CNSX:QCC) is pleased to announce that its subsidiary, Cybernetic Control Systems Inc. ("Cybernetic"), has been chosen by Schneider Electric Canada Inc. ("Schneider") to be their Certified Drives Panel Builder for British Columbia. This direct relationship includes a joint marketing effort between Cybernetic and Schneider Electric and is expected to impact Cybernetic's revenue.

Rosy Mondin, President and CEO of Quadron commented, "We are excited to partner with such an innovative and global leader in the energy management and automated solutions industry, and look forward to working together to maximize our revenue potential. This unique association is consistent with Quadron's goal to further develop automation solutions through services contracts to multiple industries."

About Schneider: Schneider Electric is the global specialist in energy management and automation. With revenues of ~EUR25 billion in FY2016, Schneider's 160,000+ employees serve customers in over 100 countries, helping them to manage their energy and process in ways that are safe, reliable, efficient and sustainable. From the simplest of switches to complex operational systems, our technology, software and services improve the way our customers manage and automate their operations. Schneider's connected technologies reshape industries, transform cities and enrich lives.

About Quadron: Quadron, through its subsidiary Cybernetic Control Systems Inc., specializes in custom and standard machines & control packages, and provides technical services and equipment for process automation.

For more information, visit: www.quadroncannatech.com

On behalf of the Board of Directors of QUADRON CANNATECH CORPORATION

Rosy Mondin, President and CEO

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as "forward-looking statements". Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.

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