First building occupied by the State of Arkansas set to deploy AssetCare HVAC
and Indoor Air Quality solutions as both companies target millions
of square feet of government-occupied space state-wide
CALGARY, AB, June 15, 2021 /CNW/ - mCloud Technologies
Corp. (TSXV: MCLD) (OTCQB: MCLDF) ("mCloud" or the
"Company"), a leading provider of AI-powered asset management and
ESG solutions today announced it is connecting the first building
in a portfolio of buildings operated by the State of Arkansas in partnership with Fidus
Global, LLC ("Fidus Global") as both companies continue to target
customers in the southeastern United
States including Arkansas
and Florida. mCloud previously
announced it had partnered with Fidus Global to target an initial
5,000 buildings across the country on February 16, 2021.
A first building occupied by the State
of Arkansas has adopted mCloud's AssetCare connected
building solutions for HVAC and Indoor Air Quality as the state
seeks to improve indoor air safety across government properties,
including office buildings, schools, and other state-run facilities
in the wake of COVID-19. The first of these state-operated
buildings is expected to be connected and online in July as mCloud
and Fidus Global plan to continue working with the State of Arkansas to connect millions of
square feet across numerous properties occupied and managed by the
state government.
"AssetCare uniquely offers the State
of Arkansas a compelling building solution that
simultaneously optimizes both indoor air quality and energy
efficiency in one single package," said Dr. Patrick O'Neill, mCloud's President, Connected
Buildings. "Our partnership with Fidus Global has brought mCloud to
the table in safety-conscious states like Arkansas and Florida where we expect our ability to drive
energy savings, reduce carbon footprint, and improve indoor air
quality will be a powerful value proposition and major
differentiator that will attract customers operating large
multi-site portfolios nationwide."
"We are eager to get started on our first of what we expect to
be many government-operated properties here in Arkansas," said Aarron
Hale, President of Fidus Global. "The state government
intends to have the best indoor air quality in the country through
the deployment of advanced technologies including AssetCare."
Fidus Global is currently working with all levels of government
within Arkansas to address indoor
air quality challenges across the state in partnership with mCloud.
Both companies continue to target national retail buildings across
the country as originally announced with the first AssetCare
building connections from these efforts expected to go live in the
fall of this year.
About mCloud Technologies Corp.
mCloud is unlocking the untapped potential of energy intensive
assets with 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 for commercial
buildings, renewable energy, healthcare, heavy industry, and
connected workers. IoT sensors bring data from connected assets
into the cloud, where AI and analytics are applied to maximize
their performance.
Headquartered in Canada with
offices 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 61,000
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.
About Fidus Global, LLC
Fidus Global is a full-service controls engineering firm with a
diverse set of expertise from heavy manufacturing to eCommerce. The
core team at Fidus Global is comprised of former Amazon, FedEx,
Tyson Foods, and Walmart.com engineers, and has over 125 years of
experience within industrial software and hardware automation. We
deliver industry leading automation solutions to our customers,
from project design to integration, and ongoing maintenance and
service.
Aarron Hale, President of Fidus
Global, spent four years in avionics with the US Navy, four years
with Federal Express where he developed and maintained warehouse
control systems ("WCS"), and four years at Amazon where he
engineered supply chain fulfilment automation, robotics, and WCS
integration solutions. Mr. Hale also spent a year with Walmart,
where he managed Walmart's next-gen eCommerce WCS implementation
including material handling equipment, conveyor design, engineering
contracting, purchasing, reliability, maintenance, and automation
controls. He started Fidus Global in 2020 to disrupt commercial
automation by offering scalable open-architecture, customer-centric
solutions. For more information, visit www.fidusglobal.com.
SOURCE mCloud Technologies Corp.