CALGARY, AB, May 3, 2021 /CNW/ - mCloud Technologies
Corp. (TSXV: 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 it is bringing cleaner air to the head
office of Cadence Financial Group, a wealth management group
affiliated with Raymond James Ltd. ("Cadence") based in
Vancouver, Canada.
Through an all-in-one connected indoor air quality ("IAQ")
solution provided by mCloud's AssetCare platform in the cloud,
Cadence employees and clients will benefit from safer indoor air in
the office space they occupy. Cadence's head office is being
equipped with a combination of IoT-enabled 24/7 air quality
monitoring and AI-driven connected air purification capable of
outperforming standard HEPA filtration by continuously eliminating
up to 95% of harmful particulates and contaminants smaller than one
micron in size.
The AssetCare HVAC and IAQ solution also uses AI to drive HVAC
energy efficiency improvements of up to 25%, driving cost savings
and enabling positive ESG outcomes, alongside continuous visibility
and active management of a building's ventilation system. Air
purification technologies connected to AssetCare provide customers
with a complete IAQ solution that exceeds the standards and
regulations set by health and building authorities around the
world.
"We are excited to see Cadence join the fast-growing number of
customers who are adopting our AssetCare IAQ solution," said Dr.
Patrick O'Neill, mCloud's President
for Connected Buildings. "Our ability to connect one floor of a
larger commercial building enabled Cadence to act swiftly in
bringing cleaner indoor air to their spaces without the overhead
typically associated with a smart building solution."
"We place tremendous importance on the health and safety of our
clients and employees at Cadence especially in this age of the
post-pandemic workplace," said Seth
Allen, Managing Partner at Cadence. "We chose mCloud and
their AssetCare solution because it provides everything we were
looking for in one package – real-time improvements in air quality
and energy savings on a simple subscription without any upfront
investment or hidden fees."
Businesses interested in learning more about mCloud's HVAC and
IAQ solutions are invited to visit
https://www.mcloudcorp.com/HVAC-and-indoor-air-quality to learn
more.
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 59,000
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.