Predictiv AI Inc. and Sigfox Canada Agree to Enter into Global Sales Channel and Technology Integration Partnership for ThermalPass
Predictiv AI Inc. and Sigfox Canada Agree to Enter into Global Sales Channel and Technology Integration Partnership for ThermalPass |
[18-September-2020] |
TORONTO, Sept. 18, 2020 /PRNewswire/ - 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/ About Sigfox Canada: About Sigfox: 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: Cautionary and Forward-Looking Statements: 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. | ||
Company Codes: Frankfurt:7ITA, OTC-PINK:INOTD, TorontoVE:PAI |
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