- AssetCare™ for Chippewa Cree — Multiple Asset Types
- Target 50% energy savings for 6 Tribal buildings in
Montana
VANCOUVER, Jan. 21, 2019 /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 three
new customers in Montana—all members of the Chippewa Cree Tribe.
Collectively, AssetCare has been deployed at six buildings,
including HVAC, lighting and wind turbine upgrades.
mCloud, with local implementation partners has deployed
AssetCare at Northern Winz Casino, Stone Child
College, and Rocky Boy Elementary School.
"AssetCare, coupled with upgrades to both our Casino lighting
and HVAC systems, delivered energy savings immediately," said
Raymond Parker, General Manager of
the Northern Winz Casino. "mCloud's subscription model enabled us
to optimize our HVAC performance, which created a more comfortable
environment for our customers and has positively impacted our
revenues."
Russ McMeekin, mCloud's Founder
and Chief Executive Officer, stated, "We're excited about the real
cost savings and positive impact achieved for the Chippewa Cree. We
are also thrilled with the synergies we have achieved working with
our local Indigenous partners, who now have the experience to
expand AssetCare across their diverse businesses and
institutions. The casino footprint alone represents a major
market opportunity for mCloud. The National Indian Gaming
Commission reports there are more than 485 Indigenous-owned
gaming operations in the United
States. Additionally, there are 565 Indigenous Tribes with
244 gaming operations in 28 states."
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
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An investment in securities of the Company is speculative and
subject to a number of risks including, without limitation, the
risks discussed under the heading "Risk Factors" on pages 29 to 46
of the Company's filing statement dated October 5, 2017. Although the Company has
attempted to identify important factors that could cause actual
results to differ materially from those contained in the
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may be other factors that cause results not to be as anticipated,
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expectations contained in, the forward-looking information and
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SOURCE Universal-mCloud Corp