TORONTO, June 27,
2022 /CNW/ - Eddy Smart Home Solutions Ltd.'s (Eddy)
(TSXV: EDY) is pleased to announce an agreement that was entered
into on May 19, 2022 for extensive
protection at Tridel's the Well Toronto Condos and Residences.
Tridel, a part of the Tridel Group of Companies, is one of
Canada's largest real estate
developers, building more than 85,000 homes in more than 85 years
since inception. Eddy's system will be featured in Tridel's
landmark development that combines condominiums, retail, and office
space, as well as rentals in downtown Toronto, the Well, in three buildings,
representing more than 750 units.
Over the years, Eddy and Tridel have worked hand in hand to test
and define the most important applications for their developments
which has become a new standard of protection for Tridel
projects.
"Creating diverse living and working community spaces is central
to our vision, and the protection of our projects is paramount,"
said Bruno Giancola, Senior Vice
President, Project Management, Tridel. "Working with Eddy on water
security is not only critical to protect our project, but also
meets our focus on innovation and sustainability while providing
residents and operators peace of mind and protection for years to
come."
"Tridel's leadership in the Toronto community is evident in so many areas,
particularly in innovation," added Travis
Allan, CEO and President. "It's a pleasure to work with them
on their new and future projects, to provide the tools to protect
and control water usage, ensuring that residents and assets are
secure against the risk of water."
Eddy's system protects the project with a comprehensive system
of real-time monitoring, smart sensors, and remote and automatic
shutoffs that identify and action issues from the construction
phase when the water is first initiated and extended to all
functioning areas of the finalized building post-occupancy,
including the risers, hydronics, in-suite, and common areas.
The system will be installed in Well C, D, and E in Tridel's
project, and all ongoing projects in the GTA.
About Eddy
Eddy is a North American provider and developer of residential
and commercial smart water metering products and monitoring
services, helping property owners protect, control, and conserve
water usage by combining water sensing devices with behavioural
learning software. For more details on Eddy's products or company
information, please visit eddysolutions.com.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE Eddy Smart Home Solutions Ltd.