CALORIC

About this project

<p><span style="font-size: 11pt"><span style="font-family: Aptos, sans-serif"><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">ALFACON S.A.<span style="background-color: #FFFFFF"><span style="color: #000000"> is a consulting firm, active in system integration, software development, ERP – CRM technology integration and networking.</span></span></span></span></span></span></p> <p><span style="font-size: 11pt"><span style="font-family: Aptos, sans-serif"><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">ALFACON S.A. is introducing the patented Caloric Smart Thermostat (CST), a user-friendly device that provides real-time heating consumption data. This device<span style="background-color: #FFFFFF"><span style="color: #111111"> allows users to manage their heating costs by adjusting the desired temperature. The CST, unlike other thermostats, boasts three </span></span>unique features: <span style="background-color: #FFFFFF"><span style="color: #111111">Heating Power Adjustment (HPA), Heating Problem Detection (HPD), and Heating Bill Awareness (HBA). These features enable users to manage and anticipate their heating bills effectively.&nbsp;The CST operates on the principle that once the desired indoor temperature is achieved, only small amounts of energy are needed to maintain it. It regulates not only the indoor temperature but also the radiator temperature, potentially reducing heating costs by up to 60%. Furthermore, it identifies and reports heating or insulation issues, prompting users to take corrective measures. </span></span></span></span></span></span></p> <p><span style="font-size: 11pt"><span style="font-family: Aptos, sans-serif"><span style="font-size: 12pt"><span style="background-color: #FFFFFF"><span style="font-family: &quot;Times New Roman&quot;, serif"><span style="color: #212529">The project will result in t</span></span></span></span><span style="font-size: 12pt"><span style="background-color: #FFFFFF"><span style="font-family: &quot;Times New Roman&quot;, serif"><span style="color: #000000">he development and commercialization of the CALORIC Smart Thermostat (CST), and as a result enhance the promoters competitiveness. This advancement will create 8 jobs and significantly reduce fuel consumption in the buildings where they are installed.&nbsp;</span></span></span></span></span></span></p>