- Bolsters mCloud's ability to bring AI-powered products and
services to market
- Leadership will advance and accelerate mCloud's AI and
analytics agenda
- Will lead all mCloud product management and marketing
activities
VANCOUVER, Feb. 19, 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 the
promotion of Dr. Barry Po to Chief
Product Officer, reporting to the CEO. Effective immediately, Dr.
Po will lead mCloud's product management and marketing
functions.
Dr. Po joined mCloud in 2018 by way of mCloud's acquisition of
NGRAIN (Canada) Corporation
("NGRAIN"). As part of NGRAIN's senior leadership, he oversaw
product management, marketing, and business development. He brings
with him 15 years of product leadership experience working for some
of the world's most recognized brands. Over the course of Dr. Po's
career, he has taken numerous high-tech offerings to market,
delivering products and services to millions of customers in over
80 countries around the world.
"mCloud's application of AI and analytics is solving some of the
world's most challenging energy problems," said Dr. Po. "I am
excited to help lead this innovative Company and enable more
customers to maximize the health and performance of their energy
assets."
"Since our acquisition of NGRAIN, Barry has expertly executed
and shaped mCloud's product and marketing strategies," stated
Russ McMeekin, President and Chief
Executive Officer of Universal mCloud. "In his new role, Barry will
lead our product teams and work to build mCloud's presence in key
markets. Our leadership team looks forward to working closely with
this impressive individual and benefitting from his strong
leadership and expertise."
mCloud also announces that it has engaged Native Ads Inc.
("Native Ads") to provide and manage a comprehensive digital media
marketing campaign for the Company. The engagement is subject to
TSX Venture Exchange approval.
The Company has entered into an eight week programmatic digital
advertising campaign for a total cost of C$200,000; compromising of $150,000 for digital advertising, paid
distribution, and media buying over the campaign period and,
$50,000 for content creation,
consulting, managed services and management fees over the course of
the campaign period. Native Ads is a full service ad agency, that
owns and operates a proprietary ad exchange with over 80 integrated
SSPs (supply side platforms) resulting in access to 3-7 billion
daily North American ad impressions. Neither Native Ads nor any of
its directors and officers own any securities of the Company.
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
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.
SOURCE Universal-mCloud Corp