TORONTO, Oct. 5, 2020 /CNW/ - Predictiv AI
Inc. (TSXV: PAI) (OTC: INOTF) (FRANKFURT: 71T) ("Predictiv AI" or
the "Company"), www.predictiv.ai, a software and solutions
provider in the artificial intelligence and industrial IoT markets,
is pleased to provide an update regarding the commercial
availability of its AI-enabled, thermal sensor temperature
screening system, ThermalPass www.thermalpass.com.
Predictiv AI is pleased to confirm it has transitioned out of
the prototype phase and into production planning and manufacturing
go-to-market phase. This new phase has been established based on a
month of quality control and performance stress tests conducted by
one of the world's leading intelligent sensor, aeronautical and
space science engineering firms, Makel Engineering Inc.
("Makel"). Makel works with NASA and other exemplary
organizations providing the highest global standard of
engineering.
This sets in motion immediate commercialization plans for
ThermalPass and confirms the efficacy and marketable functionality
of the fever-detection system. Predictiv AI is proud to confirm its
commercial launch of ThermalPass, on October
13th, 2020 at a demonstration ceremony at
Anderson Haulage, a trucking company that employs more than 200
persons.
"Keeping my employees safe is my number one priority as we
continue to manage through this pandemic and recruit protocols that
will keep our employees safe," said Michael
Anderson, President of Anderson Haulage. "ThermalPass is the
perfect solution for us to offer another layer of protection in
mitigating the spread of COVID-19 to keep our workplace as safe as
possible. ThermalPass is a no-brainer. It blends into our working
environment, while autonomously scanning body temperatures to make
sure we maintain a fever-free work environment."
ThermalPass was developed to mitigate the spread of COVID-19 and
other fever-bearing contagions in high-traffic locations, such as
supermarkets, schools, office buildings, subways and train
stations, hospitals, long-term care facilities, movie theaters,
sports arenas and more.
"For months we have been working with various organizations and
businesses, in different verticals, collecting their feedback on
what is important to their workplaces and public spaces as it
relates to COVID-19 readiness," said Michael Lende, President and CEO of Predictiv
AI. "We learned much about the multiple uses ThermalPass can have
for these industries and built an extensive pipeline for sales as
we bring our system to market."
ThermalPass's distinctive advantages over the competition are
many, predominately its use of medical-grade sensors over
camera-based solutions that have the possibility of infringing on a
person's privacy. ThermalPass takes 480 temperature readings per
second without encroaching on an individual's privacy or violate
social distancing rules.
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.
For more information on Predictiv AI or ThermalPass, 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 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.
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.
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SOURCE Predictiv AI Inc.
