Included in the TSX Venture 50 are the Top
Performing Companies of the Year
VANCOUVER, Feb. 20, 2020 /CNW/ - mCloud Technologies
Corp. (TSX-V: MCLD, MCLD.DB) (OTCQB: MCLDF) ("mCloud" or the
"Company"), a leading provider of asset management solutions
combining IoT, cloud computing, artificial intelligence and
analytics, is pleased to announce that it has been recognized by
the TMX as one of the top performers in the Technology sector on
the TSX Venture Exchange. The TMX Group's annual performance
ranking is based on three equally weighted criteria, including
market capitalization growth, share price appreciation and trading
volume.
"It's an honour to again be named to the TSX Venture 50 and
being a part of this exclusive group of industry leaders," said
Russ McMeekin, mCloud President and
CEO. "mCloud has consistently created value for our shareholders
through execution on our strategy and international expansion."
"Our aggressive growth strategy acquiring high performance
technologies and domain expertise makes us the energy asset
management company to watch," McMeekin added.
The TSX Venture recently interviewed Mr. McMeekin, discussing
the company's past years performance and providing a 2020 outlook.
The interview can be accessed at
https://vimeo.com/390261237/2731a79497.
About mCloud Technologies Corp.
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 twelve locations worldwide, 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.
mCloud's common shares and its convertible debentures trade on
the TSX Venture Exchange under the symbols MCLD and MCLD.DB,
respectively. mCloud's common shares also trade on the OTCQB under
the symbol MCLDF. 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 mCloud Technologies Corp.