VANCOUVER, May 19, 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 ("AI"), and
analytics, today announced it is combining the AI-powered HVAC and
indoor air quality capabilities of the Company's AssetCare™
platform with air purification technology based on active particle
control through a partnership with SecureAire LLC
("SecureAire").
mCloud and SecureAire have joined forces to expand their
respective building footprints in commercial facility management.
Through the Company's AssetCare platform, mCloud offers a complete
automated solution enabling restaurants, retail, long-term care,
and commercial facility operators to use AI to continuously drive
indoor air quality that meets or exceeds commercial building
standards established by the American Society of Heating,
Refrigerating, and Air Conditioning Engineers ("ASHRAE").
The combined offering deploys mCloud's AssetCare through
commercial IoT thermostats with humidity and air quality sensors to
adaptively ventilate and manage building airflow based on how a
building is being used. SecureAire provides an air filtration
system used today in more than 60 hospitals, based on semiconductor
clean room technology that takes advantage of this managed airflow
to drive airborne contaminants to an electrostatic field that
supplies the necessary voltage to oxidize and kill dangerous
pathogens and viruses such as COVID-19.
Through the use of analytics, mCloud and SecureAire can also
provide facility managers with the ability to Measure and Verify
("M&V") the air quality of their spaces in real-time.
"mCloud has taken this position to help our current customer
base in Connected Buildings by joining forces with SecureAire
across North America," said Dr.
Barry Po, mCloud's President,
Connected Solutions and Chief Marketing Officer. "We have set up
our teams to partner and target the millions of restaurant and
retail spaces re-opening their doors in the coming weeks."
"The key to bringing customers back and returning to
profitability will come from assuring them these establishments are
safe," added Dr. Po. "This combined AssetCare solution with
SecureAire will enable business owners to confidently reassure
customers, employees, and local health authorities they have taken
decisive action to minimize the risk of infection in their
businesses."
As part of its ongoing Back-to-Business program, mCloud has also
released a 10-Step Readiness Checklist to help business owners
evaluate the status of their indoor air quality, among other
precautions, to ensure their establishments are safe for customers
and staff. The guide cites recent recommendations and scientific
research from epidemiologists and healthy building experts that
emphasize the importance of indoor air quality in limiting the
spread of COVID-19.
This AssetCare solution package is available now, and interested
businesses are encouraged to visit the mCloud Web site for more
information at www.mcloudcorp.com/backtobusiness.
The Company also announced today that it completed its
acquisition of AirFusion Inc. ("AirFusion"), originally announced
on February 10, 2020.
"Our portfolio of integrated technologies that comprises
AssetCare continues to expand while we experience robust demand for
our digital blade inspection capabilities around the world,"
commented Dr. Po. "Through the dedicated efforts of our teams and
colleagues under the challenging work-from-home conditions of
COVID-19, we are pleased to have finalized this transaction."
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 48,000 assets connected in thousands of
locations worldwide, mCloud is changing the way energy assets are
managed.
mCloud's common shares trade on the TSX Venture Exchange under
the symbol MCLD and on the OTCQB under the symbol MCLDF. mCloud's
convertible debentures trade on the TSX Venture Exchange under the
symbol MCLD.DB. For more information, visit www.mcloudcorp.com.
SOURCE mCloud Technologies Corp.