TORONTO, Sept. 18, 2020 /CNW/ - Predictiv AI
Inc. (TSX VENTURE: PAI) (OTC: INOTD) (FRANKFURT: 71T) ("Predictiv AI" or
the "Company"), www.predictiv.ai, a software and solutions
provider in the artificial intelligence and industrial IoT markets,
and Sigfox Canada www.sigfoxcanada.com a wholly-owned
Canadian company and exclusive licensee of the Sigfox 0G technology
in Canada have agreed to enter
into a sales channel, distribution and technology integration
partnership for Predictiv AI's ThermalPass fever detection system
www.thermalpass.com.
Sigfox is the world's leading Internet of Things (IoT) service
provider and first global 0G network operator. The agreement will
see Predictiv AI and Sigfox Canada collaborate on integrating
Sigfox connectivity into the ThermalPass. This will enable highly
dependable data transfer through ThermalPass at a remarkably low
cost on the Sigfox Canada network, which is designed to meet the
requirements of mass IOT applications. This enhanced functionality
will position ThermalPass to generate monthly recurring revenue by
offering a multitude of enterprise scenarios.
In addition to the technology integration, Sigfox Canada
will become a global non-exclusive sales distributor and will
promote the ThermalPass offering to other Sigfox Operators in more
than 70 countries. ThermalPass is a medical grade, sensor-based
temperature scanning system developed to help mitigate the spread
of COVID-19. The Sigfox global 0G network has more than 16,000,000
registered devices on the network communicating close to 1 billion
messages per month.
"We are excited about the opportunity to partner with Predictiv
AI and to have the Sigfox 0G Network connectivity built into
ThermalPass," said Kent Rawlings,
President and CEO of Sigfox Canada "The world is changing quickly
and creating a safe environment where people gather will be
critical to ensuring peace of mind for individuals. The ability to
accurately capture an individual's temperature and communicate that
information in real time using the Sigfox Canada 0G Network will be
a key step in the new era of safety. We look forward to
distributing ThermalPass as another offering in our Smart Building
solutions portfolio, and ensuring the other 70 countries, who are
part of the Global 0G Network using Sigfox technology, are aware of
this great solution and are able to distribute the ThermalPass
as well."
Sigfox is the operator of the global Low Power Wide Area
Network (LPWAN), whose chips are used in 16.2 million registered
devices across 70 countries. The company has built the largest IoT
ecosystem in the world, from big manufacturers to hundreds of
startups and device-makers on four continents. The Sigfox /
ThermalPass platform will be of interest to organizations that
require the capabilities and privacy that ThermalPass offers, but
in low power configuration.
"The Sigfox Canada sales and distribution channels increase
ThermalPass' revenue potential significantly, not only due their
diverse and expansive customer base, but also because Sigfox
connectivity technology positions ThermalPass to launch and expand
its services and build a monthly recurring revenue model," said
Michael Lende, President and CEO of
Predictiv AI. "We are very excited to partner with Sigfox Canada so
we can provide a more robust and flexible fever detection device
which will help more customers, around the world, combat the spread
of coronavirus."
ThermalPass continues to work with Makel Engineering as
commercial launch soon approaches. Makel works with NASA and other
prolific organizations providing the highest global standard of
engineering. Recent ThermalPass performance tests have confirmed
the system's reliability and consistency, paving the way for
installation at high-traffic locations, including
supermarkets, drugstores, schools, office buildings, mass transit,
hospitals, long-term care facilities, movie theaters, sports arenas
and more.
WATCH THERMALPASS IN ACTION
HERE: https://www.youtube.com/watch?v=kMOTfNttvsU
For more information on Predictiv AI visit: www.predictiv.ai and
follow Predictive AI on:
Facebook:
https://www.facebook.com/PredictivAI/
Twitter:
https://twitter.com/predictivai
LinkedIn:
https://www.linkedin.com/company/predictivai/
About Sigfox Canada:
Sigfox Canada www.sigfox
canada.com is a 100% wholly owned Canadian Company and is the
exclusive Canadian Licensee of the Sigfox technology in
Canada. The Sigfox Canada network
launched in April of 2019 and today has coverage in every major
city in all 10 provinces covering more than 15 million Canadians,
and has the capability to quickly build network almost anywhere it
is required in 30-60 days.
About Sigfox:
Sigfox www.sigfox.com is the initiator of the 0G network and the
world's leading IoT (Internet of Things) service provider. Its
global network allows billions of devices to connect to the
Internet, in a straightforward way, while consuming as little
energy as possible. Sigfox's unique approach to device-to-cloud
communications addresses the three greatest barriers to global IoT
adoption: cost, energy consumption and global scalability.
Today, the network is available in 72 countries and regions,
with 1.3 billion people covered. ISO 9001 certified and surrounded
by a large ecosystem of partners and IoT key players, Sigfox
empowers companies to move their business model towards more
digital services, in key areas such as Asset Tracking and Supply
Chain. Founded in 2010 by Ludovic Le
Moan and Christophe Fourtet, the company is headquartered in
France and has offices in
Madrid, Munich, Boston, Dallas, San Jose, Dubai, Singapore, Sao
Paulo, and Tokyo.
About Predictiv AI:
Predictiv AI Inc.
www.predictiv.ai is a technology company which helps businesses and
organizations make smarter decisions using advanced artificial
intelligence, deep machine learning and data science techniques.
Its Weather Telematics Inc. subsidiary uses patented air quality
monitoring sensors to provide predictive weather risk information
to the insurance, logistics, fleet management and public safety
sectors. The Company's R&D division, AI Labs Inc., develops new
products that solve real-world business problems. The joint venture
with Commersive Solutions Corp. is developing innovative
technologies for use in various public spaces, starting with the
ThermalPass™ fever detection system.
The Company is not making any express or implied claims that its
product has the ability to eliminate, cure or contain the Covid-19
(or SARS-2 Coronavirus) at this time.
Cautionary and Forward-Looking Statements:
Statements contained in this news release, which are not
historical facts, are forward-looking statements that involve risk,
uncertainties and other factors that could cause actual results to
differ materially from those expressed or implied by such
forward-looking statements. There can be no assurance that such
statements will prove to be accurate and actual results and future
events could differ materially from those anticipated in such
statements. All forward-looking statements included in this news
release are based on information available to the Company on the
date hereof. Forward-looking statements are subject to known and
unknown risks, uncertainties and other factors that could cause
actual results of the Company to differ materially from the
conclusion, forecast or projection stated in such forward-looking
statements. These risks, uncertainties and other factors include,
but are not limited to, ThermalPass achieving the commercial
results anticipated by the Company, market demand for ThermalPass
and other factors referenced in the Company's other continuous
disclosure filings, which are available at sedar.com. Readers
should not place undue reliance on these forward-looking
statements. The Company assumes no obligation to update any
forward-looking statements, except as required by applicable
securities laws.
NEITHER THE 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 PRESS RELEASE.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/predictiv-ai-inc-and-sigfox-canada-agree-to-enter-into-global-sales-channel-and-technology-integration-partnership-for-thermalpass-301133803.html
SOURCE Predictiv AI Inc.