- mCloud increases number of connected assets with Cinemark by
60%
- Assetcare™ deployed at 24 Cinemark Locations
VANCOUVER, Sept. 6, 2018 /CNW/ - Universal mCloud Corp.
(TSX-V: MCLD) (OTCQB: MCLDF) ("mCloud" or the "Company"), a leading
provider of Artificial Intelligence and Analytics ("AI&A") and
IoT-connected asset care technology, is pleased to announce that
Cinemark, a leader in the motion picture exhibition industry and a
strategic mCloud customer, is adding nine new locations and more
than 230 rooftop HVAC units in Illinois to be managed by
AssetCareTM. Earlier in 2018, mCloud enrolled nearly 400
of Cinemark's HVAC units onto the AssetCareTM platform
in Southern California.
mCloud and Cinemark have partnered to implement
AssetCareTM with support from a ComEd utility incentive
program, which ensures accurate measurement of baseline performance
and verification of energy savings. AssetCareTM
starts with an assessment of each HVAC unit to identify energy
savings measures and evaluate retrofit opportunities. mCloud will
equip mechanical service partners with diagnostic tools and
software to inspect Cinemark's HVAC units, including refrigeration
cycle performance.
"Cinemark is dedicated to consistently delivering an exceptional
guest experience, including a comfortable temperature within our
theaters, which relies upon the efficiency and effectiveness of our
HVAC systems," stated Art Justice,
Cinemark's VP of Energy & Sustainability. "We are greatly
looking forward to working with mCloud to further enhance our HVAC
functionality, generate incremental energy savings, and advance our
environmental sustainability."
Dave Weinerth, mCloud's President
of Smart Buildings added, "Cinemark leads the industry with
exceptional energy management and we are excited to partner with a
company whose goals and objectives align with our vision and
trajectory. We are extremely pleased to extend
AssetCareTM to more than 600 total Cinemark HVAC units
across the U.S., broadening our total impact on the performance of
more than 20,000 total assets expected by year end."
ABOUT UNIVERSAL MCLOUD CORP.
Universal mCloud is headquartered in Vancouver, BC with technology and operations
centers in San Francisco, CA and
Bristol, PA. mCloud is an
Artificial Intelligence and Analytics, IoT connected asset care
cloud solution company utilizing connected IoT devices, AI, deep
energy analytics, secure mobile and 3D technologies that rally all
asset stakeholders around an Asset-Circle-of-Care™, providing
complete real-time and historical data coupled with guidance and
advice based on deep analytics and diagnostics resulting in optimal
performance and care of critical equipment. It's all about the
asset. The powerful and secure AssetCare™ environment is accessible
everywhere, 24/7 through standard mobile devices, ruggedized
headsets, and web browsers. For more information, visit
www.mCloudCorp.com
ABOUT CINEMARK HOLDINGS, INC.:
Cinemark is a leading domestic and international motion picture
exhibitor, operating 539 theatres with 5,998 screens in 41 U.S.
states, Brazil, Argentina and 13 other Latin American
countries as of June 30, 2018. For more information go to
investors.cinemark.com.
Forward-Looking Information and Statements
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SOURCE Universal-mCloud Corp