AIRTEST TECHNOLOGIES grants new stock options and amends stock options granted in 2009.

 

 

DELTA, BC, November 22, 2012 AirTest Technologies (TSXV: AAT) announced today that on November 7, 2012 the Board of Directors gave final approval to a grant of stock options that was  presented at its September 18, 2012 Board of Directors Meeting.  The number of stock options granted totaled 1,000,000 option shares, with a price per share of $0.10 that can be exercised the earlier of five years from the date of grant, or the date the Optionee ceases to be employed with or act as a consultant to or director of the Company.

 

Also on November 7, 2012 the Board of Directors gave final approval to an amendment to a stock option grant of 1,216,667 option shares approved June 29, 2009.  The amendment to the price of the stock options granted in 2009 will amend the price per option share from $0.60 to $0.10 which results from the share consolidation in late 2011 that was based on a six for one share consolidation.  The expiry date is also amended to be the earlier of five years from the amendment date, or the date the Optionee ceases to be employed with or act as a consultant to or director of the Company.

 

About AirTest:  AirTest Technologies (www.airtest.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.  

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For further information, please contact:

Mr. George Graham, President

Phone:  (604) 517 3888

Fax : (604) 517 3900

Email:  ggraham@airtesttechnologies.com

Website: www.airtesttechnologies.com

 

 

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.