TORONTO, Dec. 11, 2020 /CNW/ - Predictiv AI
Inc. (TSX-V: PAI) (OTC: INOTF) (FSE: 71TA) ("Predictiv
AI" or the "Company"), a software and solutions provider
in the artificial intelligence markets, is pleased to
provide an update on the sales and production of ThermalPass,
its sensor-based temperature screening system.
Over the past two weeks, the Company has received orders for
twenty-eight ThermalPass units which are scheduled to be installed
before the end of this month. The majority of these units were
ordered by a Canadian provincial government, U.S. public schools
and several hospitals. In conjunction with these sales and other
pending orders, production and assembly of the ThermalPass Portable
(US$6,900) and ThermalPass Pro
(US$7,300) is ramping up, and new
field assemblers are currently being organized to expand
manufacturing capacity.
"We are very excited with the initial bookings as they represent
verticals that are innately scalable," said Michael Lende, President and CEO of Predictiv
AI. "We are also cognizant and encouraged that these orders are
formative in nature and have the potential to be significantly
upsized. In tandem with our reseller agents, the ThermalPass sales
focus has been targeting the most scalable sectors, and we are now
getting traction in some of the largest market segments, including
hospitals, schools, and long-term care facilities
among others. We continue to actively market ThermalPass with
multiple demos daily across Canada, the US and internationally."
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 Inc.
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
RELEASE
View original content to download
multimedia:http://www.prnewswire.com/news-releases/predictiv-ai-secures-purchase-orders-for-thermalpass-from-multiple-market-segments-301191270.html
SOURCE Predictiv AI Inc.
