Sensor retains financial consultant

Toronto, Ontario–(Newsfile Corp. – July 8, 2022) – Sensor Technologies Corp. (CSE: SENS) (the “Company” or “Sensor”) wishes to announce that it has retained the services of Mr. Philip Wong as consulting financial advisor to the Company.

Mr. Wong, who is a resident of Hong Kong, is currently a Director of Precious International Investment Management (“PIIM”), a private Hong Kong company which provides finance to businesses both in Hong Kong and overseas. Mr. Wong also served as Vice Chairman of China Canton Exchange Group, Guangzhou and General Manager of GuangDong K-Banker Group, Guangzhou. In addition to PIIM, Mr. Wong has partnership interests in GuoHong PE Investment Fund Management Co. Ltd., China, Oneday Assets Management Co. Ltd., Hong Kong, EBullion, Inc. (EBML), USA and Guangdong. HengHao Private Securities Investment Fund Management Co., China. Mr. Wong holds a BBA from the City University of Hong Kong (2014) and an MBA from the University of Bradford, London (2020).

Mr. Wong will assist the Company in obtaining funds to complete its proposed change in business operation, as disclosed in the Company’s press releases dated December 7 and December 16, 2021.

About the sensor

Sensor is currently developing non-intrusive asset health monitoring sensor systems for the oil and gas market to help operators track the thinning of pipelines and refining vessels due to corrosion/erosion, bending/buckling stresses and process pressure and temperature. Sensor’s FT fiber optic sensor and corrosion monitoring systems enable cost-effective 24/7 remote monitoring capabilities to improve planned maintenance operations, avoid unnecessary downtime, and prevent accidents and the leaks.

Company Contact:

Jay Vieira, President and CEO
Email: [email protected]

The CSE has not reviewed and accepts no responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Statements

This press release contains certain forward-looking information and statements about management’s views on future events, expectations, plans and prospects that constitute forward-looking statements. These statements are based on assumptions subject to significant risks and uncertainties. Due to these risks and uncertainties and due to various factors, actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee that the expectations of any forward-looking statement will prove to be correct. Except as required by law, the Company disclaims any intention and undertakes no obligation to update or revise forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting these forward-looking statements or otherwise.

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