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Predictiv AI $PAI.ca $INOTF Partners With Waterloo Artificial Intelligence Institute at University of Waterloo

Posted by AGORACOM at 10:36 AM on Tuesday, March 16th, 2021
Predictiv AI

TORONTO , March 16, 2021 /PRNewswire/ – Predictiv AI Inc. (TSXV: PAI) (OTC: INOTF) (FSE: 71TA) (” Predictiv AI ” or the ” Company “), a software and solutions provider in the artificial intelligence markets is pleased to announce its dynamic new partnership with the Waterloo Artificial Intelligence Institute (“Waterloo.AI”) at the University of Waterloo . This partnership will allow Predictiv AI’s subsidiary, AI Labs Inc. (“AI Labs”), to pursue its various innovations through leveraging Waterloo.AI as an extension of the Predictiv AI team.

Predictiv AI Inc. (CNW Group/Predictiv AI Inc.)

The collaboration will allow access to the world’s top artificial intelligence resources, creating much greater bandwidth in ideation, research, and development of solutions for real-world problems. Predictiv AI also looks forward to participating in and supporting Waterloo.AI events and introducing other synergistic partners to the program. Beyond having access to an unparalleled talent pool of academics and their teams for research and development, the partnership also provides for round table participation amongst Waterloo.AI partners.

“We are thrilled to have Predictiv AI join as a partner with Waterloo,” said Harold Godwin , Managing Director of Waterloo.AI. “This is a very exciting time for our university and Waterloo.AI, and we are grateful for the interest and ongoing support of our partners, including our newest, Predictiv AI.”

“We are very excited and honoured to be working with one of the world’s leading artificial intelligence institutions. We will now be able to accelerate our innovations and scale our team’s productivity while learning new ways to approach projects with new and unique technologies,” said Michael Lende, CEO of Predictiv AI.

Read More: https://agoracom.com/ir/PredictivAI/forums/discussion/topics/757422-predictiv-ai-partners-with-waterloo-artificial-intelligence-institute-at-university-of-waterloo/messages/2308360#message

Datametrex $DM.ca $DTMXF Announces Acquisition of an Imaging Predictive AI Company $PFM.ca $VQS.ca $SPOT.ca $ADK.ca

Posted by AGORACOM at 11:16 AM on Wednesday, March 10th, 2021

Datametrex Announces Acquisition of an Imaging Predictive AI Company

  • Datametrex to buy drone-based AI inspection services company for $3MM
  • “The impact of the acquisition of this AI business cannot be minimized. The demand for imaging predictive analytic reporting continues to be a large area of growth,” said CEO Marshall Gunter.

Toronto, Ontario–(Newsfile Corp. – March 10, 2021) –  Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTC Pink: DTMXF) (the “Company” or “Datametrex”) is pleased to announce that it has entered into a Letter of Intent (the “LOI“) to acquire 100% of Perspectum Drone Inspection Services Ltd. (“Perspectum”), an arm’s length privately held artificial intelligence drone imaging predictive analytic services company, incorporated under the laws of Alberta.

Subject to the completion of satisfactory mutual due diligence within thirty (30) days by Datametrex and Perspectum, under the terms and conditions of the LOI, Datametrex and Perspectum will enter into a Definitive Agreement (“Definitive Agreement”), pursuant to which Datametrex will acquire 100% of the issued and outstanding shares (“Transaction“) of Perspectum.

“The impact of the acquisition of this AI business cannot be minimized. The demand for imaging predictive analytic reporting continues to be a large area of growth. As businesses and countries continue to work towards zero emissions and carbon neutral footprints, we believe that adding this imaging predictive AI element to our existing cybersecurity business will drive significant value for our stakeholders.”, said Marshall Gunter, Datametrex’s Chief Executive Officer.

Perspectum is a drone based imaging predictive analytics artificial intelligence (AI) services company, currently focusing on environmental and safety predictive analysis. Datametrex intends to expand the Perspectum platform into the Company’s core Cybersecurity business by integrating the Company’s AI with Perspectum.

The Transaction

It is anticipated that the Transaction will be structured as a share acquisition. Datametrex will acquire all of the securities of Perspectum. It is anticipated that the Definitive Agreement will be signed on or before March 31, 2021.

Closing of the Transaction is subject to a number of conditions, including but not limited to the following:

  • The Company will acquire all shares of Perspectum for an aggregate purchase price of CAD $3 million (“Purchase Price”) to be satisfied through the issuance of common shares (“Consideration Shares”) of Datametrex. The number of Consideration Shares to be issued shall be determined based on the Volume Weighted Average Price (“VWAP”) of the common shares of the Company on the facilities of the TSX Venture Exchange for the thirty days prior to the closing date.
  • The Company will place a number of shares equivalent in value to $500,000 in escrow (“Escrow Shares”). The Escrow Shares held in escrow will automatically be released when Perspectum achieves gross revenue of $600,000 following the closing of the Transaction. Should Perspectum not achieve $600,000 of gross revenue in the 16 month period following the Transaction, the Escrow Shares will be cancelled.
  • Issuance of the Consideration Shares shall be subject to the receipt of regulatory approvals including, without limitation, the approval of the TSX Venture Exchange (“TSXV“) and other conditions and will be subject to statutory hold periods.
  • Datametrex will pay a 5% finders’ fee in connection with the Transaction.
  • The Board of Directors and shareholders of Perspectum approving the Definitive Agreement and the transfer of the Perspectum shares to the Company in exchange for the payment of the Purchase Price.
  • The Company completing and being satisfied with the results of its due diIigence investigations.
  • The Transaction to be completed by April 30, 2021.

On closing of the Transaction,

  • Perspectum will become a wholly owned subsidiary of the Company.
  • Ty Pfeifer shall be appointed President of the subsidiary.
  • The Company shall fund the subsidiary with $550,000 to allow the subsidiary to complete its AI intergration and purchase a second drone/camera platform.

To read more, click here.

Predictiv AI $PAI.ca $INOTF Signs SISCO to Distribute Thermalpass to Its U.S. Customer Base

Posted by AGORACOM at 9:54 AM on Friday, February 19th, 2021
  • $PAI.ca’s ThermalPass will be paired with the SISCO Fast-Pass® Visitor Management System
  • The paired tech will assist with track-and-trace efforts and provide peace of mind to building occupants and visitors

TORONTO , Feb. 19, 2021 – Predictiv AI Inc. (TSX-V: PAI) (OTC: INOTF) (FSE: 71TA) (” Predictiv AI ” or the ” Company “), www.predictiv.ai , a software and solutions provider in the artificial intelligence markets is pleased to announce that Security Identification Systems Corp. (SISCO) www.siscocorp.com , has joined ThermalPass as a channel reseller and distributor to market and sell the ThermalPass to its U.S. customers in hospitality, healthcare, commercial enterprises and government.

ThermalPass will be paired with the SISCO Fast-Pass® Visitor Management System to assist with track-and-trace efforts and to provide enhanced peace of mind to building occupants and visitors.

Since 1994, SISCO has been dedicated to developing best-in-class visitor management solutions for confirming credentials and tracking people for public and private entities. Fully-compliant with the various legislation throughout the United States , SISCO provides world-class security products and services using state-of-the-art technologies and integrated security solutions.

“The seamless integration of ThermalPass’ technology allows us to immediately offer the new solution to all of our existing clients including Royal Caribbean International, Norwegian Cruise Line, Princess Cruises, Shriners International, Cleveland Clinic, HCA Healthcare, NYPD, Palm Beach Police Department, Miami Police Department, PPG Industries, J.W. Marriott, and many others,” said SISCO CEO Anthony Zagami.

“Because ThermalPass is a touchless screening device that operates much like a metal detector, taking multiple temperature readings instantaneously, when coupled with Fast-Pass, it immediately provides front-line workers with the necessary data and insight in handling high volumes of people entering facilities. This allows practitioners to respond accordingly with their organization’s standard operating procedures, and in real time.”

Read More: https://agoracom.com/ir/PredictivAI/forums/discussion/topics/755653-predictiv-ai-signs-sisco-to-distribute-thermalpass-to-its-u-s-customer-base/messages/2304352#message

VIDEO – Predictiv AI $PAI.ca $INOTF Is Already Commercializing Artificial Intelligence Driven Thermal Scanners With 62 Orders and 6 Channel Partners

Posted by AGORACOM-JC at 4:22 PM on Friday, February 12th, 2021

Our thesis at AGORACOM is that small cap disruptive technology companies are going to create 3X more wealth this decade than the last 3 decades combined, thanks to the convergence of powerful tech such as Artificial Intelligence, IoT sensors and so on.  

Why?  The costs to develop, deploy and scale new applications powered by these new technologies have come down to a point where small cap companies can compete head to head with just about anybody.  In fact, their size makes them more nimble and able to pivot into emerging trends much quicker than most tech giants.

Which companies will actually succeed in delivering is a determination you have to make.  But one company to consider is Predictiv AI (PAI:TSXV / INOTF:OTCQB), whose proprietary artificial intelligence and machine learning platform provides predictive and prescriptive solutions in the public safety sector.

In layman’s terms, PAI uses AI and Machine learning to create solutions that can predict danger.

For example, the Company’s Thermal Pass Fever Detection System was recently used at a Carolina Panthers NFL game.  Watch this short video to see it in action. Highlights of the system include:

  • 24 medical grade sensors
  • 1,200 readings per second
  • 1 person / second

As you can imagine, Thermal Pass can be used for almost any high-traffic location you can think of.  But the big question is …. will anybody actually use it?  Because truth be told 99% of us are not in a position to be able to assess how any AI solutions of any company stack up against the competition. The only thing we can rely on is AGORACOM’s favourite metric – 3rd party acceptance.  In short, if your product is good, people will want it.

By that measure, PAI is off to a great start with:

  • Orders for 62 units of ThermalPass since commercial launch in October.  Impressive.
  • Orders include hospitals, long-term care facilities, prisons and public schools.  More impressive
  • 6 channel partners.  This is really impressive because channel partners don’t waste their valuable time and resources with products they don’t think they can sell 

3rd party acceptance at this early stage – CHECK 

Watch our interview with Michael Lende in which we do a deep dive into PAI tech, products and future plans.

Predictiv AI $PAI.ca $INOTF Partners With MCL Sustainable Cleaning Solutions To Sell Into Education, Government and Food Service Sectors Across Canada

Posted by AGORACOM at 11:36 AM on Friday, February 12th, 2021
Predictiv AI
  • MCL is one of Canada’s leading cleaning solutions providers since 1973

TORONTO , Feb. 12, 2021 – Predictiv AI Inc. TSX-V: PAI) (OTC: INOTF) (FSE: 71TA ) (” Predictiv AI ” or the ” Company “), www.predictiv.ai , a software and solutions provider in the artificial intelligence markets, is pleased to announce that MCL Sustainable Cleaning Solutions (” MCL “) has joined ThermalPass as a channel reseller and distributor to drive sales in the K-12 education, health care, hospitality, food service, commercial real estate, long-term care and government sectors across Canada.

Since 1973, MCL has represented industry-leading companies with sales and technical expertise, demonstrating a commitment to innovation and the environment.

MCL has more than four decades of experience as a master distributor for more than 500 top-tier brands, including 3M Co., Procter & Gamble, and Rubbermaid Commercial Products.

Read More: https://agoracom.com/ir/PredictivAI/forums/discussion/topics/755232-predictiv-ai-partners-with-mcl-sustainable-cleaning-solutions-to-sell-into-education-government-and-food-service-sectors-across-canada/messages/2303380#message