VANCOUVER, Oct. 24, 2019 /CNW/ - Universal mCloud
Corp. (TSX-V: MCLD) (OTCQB: MCLDF) ("mCloud" or the "Company"),
a leading provider of asset management solutions combining IoT,
cloud computing, artificial intelligence ("AI") and analytics,
today announced that it will report its earnings for the third
quarter 2019 before the market opens on Thursday, November 14, 2019. The Company will
also host a conference call to discuss the financial results for
the third quarter at 5:30 p.m. ET the
same day.
The conference call will include prepared remarks from
Russ McMeekin, Chief Executive
Officer, and Chantal Schutz, Chief
Financial Officer. After the prepared remarks, the Company will
accept questions.
To access the conference call by telephone, dial 647-427-7450 or
1-888-231-8191. Please connect approximately 10 minutes prior to
the beginning of the call to ensure participation. The conference
call will be archived for replay by telephone until Thursday, November 21, 2019 at midnight (ET). To
access the archived conference call, dial 1-855-859-2056 and
enter the reservation number 4472726.
A live audio webcast of the conference call will be available at
https://bit.ly/3249cbx. Please connect at least 15 minutes prior to
the conference call to ensure adequate time for any software
download that may be required to join the webcast. The
webcast will be archived at the above website for one year.
mCloud on Business Television ("BTV")
mCloud recently appeared on BTV, which airs nationally on BNN
Bloomberg in Canada, the Biz
Television Network in the United
States, and on the Business Channel on flights with Air
Canada. The Company was featured on BTV to share the impact
AssetCare™ has had for Environmental, Social, and Governance
("ESG") purposes across all its lines of business. The episode will
be viewable on Air Canada flights and is also available on the Web:
https://www.b-tv.com/universal-mcloud-ai-energy-efficiencies-feature-ep344/
Resolutions from Board of Directors Compensation
Committee
mCloud has granted in the aggregate 1,375,000 restricted stock
unit awards of the Company and 1,675,000 options to acquire common
shares of the Company ("Options") to certain directors and officers
of the Company, several of whom have reached their two year
anniversary since listing, being Chantal
Schutz, Ian Russell,
Elizabeth Maclean, Russel McMeekin and Costantino Lanza. The Options carry exercise
prices ranging from $0.39 to
$0.425 and expire on average 5.55
years following the date of issuance.
About Universal mCloud Corp.
Universal mCloud is creating a more efficient future with the
use of AI and analytics, curbing energy waste, maximizing energy
production, and getting the most out of critical energy
infrastructure. Through mCloud's AI-powered AssetCare™ platform,
mCloud offers complete asset management solutions to three distinct
segments: smart facilities, power generation, and process
industries including oil and gas. IoT sensors bring data from
connected assets into the cloud, where AI and analytics are applied
to maximize their performance. Headquartered in Vancouver, Canada with offices in locations
worldwide including Calgary,
San Francisco, and Beijing, the mCloud family includes an
ecosystem of operating subsidiaries that deliver high-performance
IoT, AI, 3D, and mobile capabilities to customers, all integrated
into AssetCare. With over 100 blue-chip customers and more than
35,000 assets connected in thousands of locations worldwide, mCloud
is changing the way energy assets are managed. 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.