inField Solutions brings an expansive
network of customer channels to accelerate Alert Fleet's
market penetration
TORONTO, Nov. 24, 2020 /CNW/ - Predictiv AI
Inc. (TSX VENTURE: PAI) (OTC: INOTF) (FRANKFURT: 71TA) ("Predictiv AI"
or the "Company"), www.predictiv.ai, a software and
solutions provider in the artificial intelligence and industrial
IoT markets, and inField Solutions, a portfolio company that
leverages mobile and AI technologies, are pleased to announce a new
strategic sales channel partnership to expand the marketing and
sales of Alert Fleet. Alert Fleet is a telematics
platform that generates hyperlocal, advanced road weather data,
which instantaneously provides real-time hazardous road condition
alerts. InField Solutions has a well-established and robust client
base in the fleet-software sector.
"We are thrilled to be working with inField Solutions and
Barry Lee, a globally renowned fleet
management expert, who has worked in key positions with top fleet
solutions companies such as TomTom, Fleet Complete and Synovia,"
said Michael Lende, CEO of Predictiv
AI. "Barry will help fast-track sales of Alert Fleet to inField's
extensive customer base – from GPS and fleet software providers to
various trucking fleets in the US and Canada. This perfect marriage of technology
and distribution know-how will keep drivers and cargo safe and save
fleets on expensive insurance premiums, large deductibles,
out-of-pocket expenses, and fuel costs. Simply put, these
significant cost benefits are due to Alert Fleet's ability
to reduce the frequency and severity of road accidents."
Using a powerful app and advanced artificial intelligence, deep
machine learning and data science techniques, Alert Fleet
allows drivers and dispatchers to mitigate risk and react to
adverse "down-road" weather conditions, such as black ice and
hydroplaning, all in real-time.
"Alert Fleet saves lives," said Rakesh Tiku, President and CEO of inField
Solutions Inc. "It rounds off the technology stack that fleet
owners, operators and managers require to ensure their fleets and
drivers are operating safely. inField Solutions will complement
Alert Fleet's business development and marketing efforts by
making introductions to thousands and thousands of our customers
and large OEM accounts that are interested in integrating Predictiv
AI's Weather Telematics technology with their services to sell to
their own customer base."
Using Alert Fleet patented sensor hardware installed on
fleet vehicles, drivers and dispatchers receive real-time alerts of
dangerous conditions from 200 meters down-road to hundreds of kms.
A recent US government report found that sixty-five percent of
on-the-job deaths of truck drivers were caused due to crashes and
road accidents. Every year, there are more than 400,000 road
accidents involving large vehicles and trucks, which is nearly
1,100 per day.
inField Solutions is the creator of inField Clipboard, a Field
Service Management (FSM) software that incorporates GPS, Route
Optimization, and IoT sensors that enable customers to manage all
of their field resources including fleets, people, and other
business assets. The company is also part of a consortium that
recently launched the Safe Site Global Association
www.safesiteglobal.com to enable businesses to thrive in a
post-COVID-19 economy.
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 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 and Alert Fleet achieving the
commercial results anticipated by the Company; market demand for
ThermalPass and Alert Fleet; 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.
SOURCE Predictiv AI Inc.
