Agoracom Blog

Predictmedix Inc. $PMED.ca $PMEDF Announces LOI to Acquire Symp2pass Inc.

Posted by AGORACOM at 1:44 PM on Tuesday, March 23rd, 2021
PMED PredictMedix

TORONTO, March 23, 2021 (GLOBE NEWSWIRE) — Predictmedix Inc. (CSE:PMED) (OTCQB:PMEDF) (“Predictmedix” or the “Company”) is pleased to announce it has entered into a letter of intent (the “LOI”), to acquire Symp2Pass Inc. (“Symp2pass”) (the “Acquisition”). The LOI was executed on February 24, 2021 and currently Predictmedix and Symp2pass are working on the definitive agreement.

Symp2Pass is a profitable, revenue generating AI powered IoT product suite of technologies developed by SmartCone Technologies Inc. Symp2Pass had revenues of $2.27 million for the fiscal year ending December 31, 2020 (unaudited) with earnings before taxes of approximately $205,000.

Symp2Pass is one of the first end-to-end advanced touchless health and wellness testing solutions that currently provides advanced COVID-19 symptom screening from multiple independent sensors with geolocation mapping making it unique and more reliable than a single test or measurement. Much like Predictmedix’s Safe Entry Station units, Symp2Pass affords hardware product installation that is coupled with scalable, AI powered software technologies. Beyond the standard questionnaire based screening tools, Symp2Pass measures actual temperature, capable of cough identification, and scent recognition, all critical parts of a more effective screening.

Symp2Pass also affords integration capabilities with other IoT products such as RFID bracelets and QR Codes and associated scanners that can assist workplaces in comprehensive employee tracking, tracing, and reporting tying those initial measurements for individuals with multiple automated measurements in various situations during the day. The data collected from the hardware components are immediately uploaded on the cloud and is synthesized with AI-powered technologies within seconds to deliver instant results.

The strategic acquisition will catalyze growth prospects for Predictmedix and will allow the company to offer world class products in line with our mission of becoming the first line of defense in improving workplace health and safety.

Read More: https://agoracom.com/ir/Predictmedix/forums/discussion/topics/757894-predictmedix-inc-announces-loi-to-acquire-symp2pass-inc/messages/2309439#message

Datametrex $DM.ca $DTMXF Announces Letter of Intent of Telemedicine Company $PFM.ca $VQS.ca $SPOT.ca $ADK.ca

Posted by AGORACOM at 1:34 PM on Tuesday, March 23rd, 2021
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  • Company to acquire 100% of the issued and outstanding share capital of a telemedicine company that is a subscription service that connects patients with providers or doctors in real-time.
  • Datametrex intends to integrate the Target’s platform into the Company’s core AI technology.

Toronto, Ontario–(Newsfile Corp. – March 23, 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“) on March 22, 2021, to acquire 100% of the issued and outstanding share capital of a telemedicine company (the “Target”), an arm’s length privately held company, incorporated under the laws of the Province of British Columbia.

Pursuant to its confidentiality obligations, the identity of the Target is confidential and will be subsequently disclosed if the parties enter into a Definitive Agreement (as defined below).

Subject to the completion of satisfactory mutual due diligence within thirty (30) days from the date of the LOI by Datametrex and Target, respectively, pursuant to the terms and conditions of the LOI, Datametrex and the Target will enter into a Definitive Agreement (“Definitive Agreement”).

“The impact of the acquisition of this telemedicine AI business cannot be minimized. The demand for telemedicine continues to be a large area of growth particularly with the current pandemic. We believe that adding this telemedicine element to our existing AI business will drive significant value for our stakeholders,” said Marshall Gunter, Datametrex’s Chief Executive Officer.

The Target is a telemedicine company that is a subscription service that connects patients with providers or doctors in real time. Datametrex intends to integrate the Target’s platform into the Company’s core AI technology.

The Transaction

It is anticipated that the Transaction will be structured as a share acquisition. Datametrex will acquire all of the securities of Target. It is anticipated that the Definitive Agreement will be signed on or before April 15, 2021 or such other date as mutually agreed to by the parties.

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

  • The Corporation will acquire the Target Shares for an aggregate purchase price of CAD $12 million (the “Purchase Price”). The Purchase Price shall be satisfied through the issuance of an aggregate of 60 million units (the “Consideration Units”). Each Consideration Unit shall comprise one common share in the capital of the Company (a “Consideration Share”) and a common share purchase warrant (a “Consideration Warrant”) in the capital of the Corporation with an exercise price of $0.20 per Consideration Unit; and
  • Each Consideration Unit shall entitle the holder thereof to acquire one common share in the capital of the Corporation at an exercise price of $0.25 per share for a period of 24 months from date of issuance;
  • Issuance of the Consideration Units and its underlying securities 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 under applicable securities legislation;
  • The Board of Directors and shareholders of Target approving the Definitive Agreement and the transfer of the Target shares to the Company in exchange for the payment of the Purchase Price; and
  • The Company and the Target completing and being satisfied with the results of its due diIigence investigations; and
  • The Transaction closing on or before April 15, 2021.

On closing of the Transaction:

  • Target will become a wholly owned subsidiary of the Company.

Datametrex will not assume any debt of the Target and the proposed acquisition of Target is not expected to constitute a fundamental change or result in a change of business for the Company, nor is it expected to result in a change of control of the Company within the meaning of applicable securities laws and the policies of the TSXV.

To read more, click here.

AGORACOM Small Cap 60: Sheldon Inwentash of ThreeD Capital $IDK $IDKFF Thinks Peak Fintech $PKK.ca $PKKFF Could Be A Moonshot $UPST

Posted by AGORACOM-JC at 1:32 PM on Tuesday, March 23rd, 2021
IDK-square-for-blog

Carl Data Solutions Inc. $CRL.ca $IP.ca Announces Partnership with Smart IoT Technologies to Provide Environmental Monitoring as a Service $IPNFF $PKK.ca $PKKFF $MTRX $RACMF

Posted by AGORACOM at 1:21 PM on Tuesday, March 23rd, 2021

*Smart IoT makes high-quality, custom sensors or Long Range data collection 

*CEO Jean Charles Phaneuf says, “Smart IoT is another building block in our Smart Connected Spaces strategy. Joining our forces gives us leverage to increase our footprint and growth plans.”

VANCOUVER, BC, March 23, 2021 /CNW/ – Carl Data Solutions Inc. (CSE:CRL) (FSE:7C5) (OTC:CDTAF) (“Carl Data” or the “Company”), a developer of Big-Data-as-a-Service (“BDaaS”)-based solutions for data integration, business intelligence and Industrial Internet-of-Things (“IIoT”) applications, has partnered with Smart IoT Technologies Inc. (“Smart IoT”) in an effort to provide high-value Environmental Monitoring as a Service (“EMaaS”) to their customers. This is a preferred supplier agreement, where Smart IoT Technologies will provide custom sensor development to complement Carl’s existing data analytic technology.

CEO Jean Charles Phaneuf says, “Smart IoT is another building block in our Smart Connected Spaces strategy. Joining our forces gives us leverage to increase our footprint and growth plans.”

Smart IoT Technologies specializes in manufacturing high-quality, custom sensors used for Long Range data collection (LoRa). By partnering with Carl Data, these sensors will be used to complement our existing suite of data collection technology and networks and expand into new markets. This strategic partnership will focus on growing the business in the Environmental Monitoring as a Service space.

LoRa technology is becoming increasingly popular, not only in the Environmental Monitoring as a Service industry but also by developers and integrators in different Smartcity market segments.

Yves Salembier of Carl Data states, “Demand for Environmental Monitoring as a Service constantly increases; as part of our ecosystem for air and water monitoring, we see the partnership with Smart IoT as a much-needed step up in the EMaaS value chain. Their device expertise combined with our time-series and AI/Machine Learning is a winning synthesis.”

Jimmy Jin, VP Operations from Smart IoT Technologies says, “This partnership bodes well for the future; we see significant opportunities in fusing our IoT device manufacturing and engineering with their time-series, real-time data analytics and AI capabilities. It is an end-to-end enabler for not only EMaaS but across multiple markets.”

The partnership will bring long-term growth opportunities for both companies as their technologies and service offerings continue to evolve.

To read more, click here.

AGORACOM Small Cap 60: KWESST $KWE.ca $KWEMF – A Leader In Defensive Technologies That Increase The Capabilities of Soldiers $WRTC $BYRN.ca $PAT.ca $POWW

Posted by AGORACOM-JC at 12:16 PM on Tuesday, March 23rd, 2021

Former Johnson & Johnson Executive Joins Advisory Board at Maitri Health Technologies $MTEC.ca $DOC.ca $DOCRF $WELL.ca $PRN.ca

Posted by AGORACOM at 9:56 AM on Tuesday, March 23rd, 2021
Maitri Health Technologies MTEC
  • Bridget Ross brings extensive experience in MedTech development and services;
  • Joins advisory board of healthcare, logistics, capital markets and innovation leaders

VANCOUVER, BC , March 23, 2021 /PRNewswire/ – Maitri Health Technologies Corp. (” Maitri “) (CSE: MTEC) (FRA: D84), a global platform for healthcare supply security, today announced the appointment of Bridget Ross to its Advisory Board.

Ms. Ross is currently CEO of ChroniSense Medical, Ltd., an Israel -based MedTech company and maker of wearable, medical-grade disease management devices. Ms. Ross serves as a Board Director for LeMaitre Vascular Inc. (NASDAQ: LMAT) and as a mentor for early stage MedTech companies through MassMEDIC and the Canadian Consulate Technology Accelerator, in Boston , MA. 

For three decades, she held several executive roles at the world’s largest broadly based healthcare company, Johnson & Johnson (J&J).

“Bridget brings an unmatched level of experience and success to Maitri’s extended team,” said Andrew Morton, CEO of Maitri. “Maitri is uniquely positioned to modernize healthcare systems for governments, healthcare systems and businesses to function well beyond the pandemic. Bridget’s counsel and insights on product development will be invaluable as we continue to evolve and execute our integrated PPE and technology strategy.”

Read More: https://agoracom.com/ir/MaitriHealthTechnologies/forums/discussion/topics/757866-former-johnson-johnson-executive-joins-advisory-board-at-maitri-health-technologies/messages/2309370#message

Predictiv AI’s $PAI.ca $INOTF Weather Telematics Partners with Propel IT to Accelerate Commercialization of IT SaaS Fleet Safety Platform $PFM.ca $VQS.ca $SPOT.ca $ADK.ca

Posted by AGORACOM at 9:45 AM on Tuesday, March 23rd, 2021
Predictiv AI

TORONTO , March 23, 2021 /PRNewswire/ – Predictiv AI Inc. (TSXV: 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 its wholly-owned subsidiary, Weather Telematics Inc. (” WTX “), has formalized a strategic product integration partnership with Propel IT Inc. (” Propel “).

The new partnership will significantly enhance available real-time data to which drivers and dispatchers can access. WTX’s hyperlocal, advanced road weather hazard alert system warns drivers of impending dangerous conditions such as black ice, poor visibility and hydroplaning.

Propel is a technology and data company that maximizes safety and efficiency in commercial fleets, who have been serving the transportation and logistics industry in the United States for more than 9 years. Propel is focused on improving driver safety, lowering insurance costs, and reducing environmental impact through fuel savings. Once commercially deployed and integrated, the Alert Fleet system will run as a SAAS model with a monthly recurring revenue component proportionate to the number of vehicles within a customer’s fleet.

“Smarter driving to us means preventing and reducing the impact of accidents for drivers and others on the road. By integrating Alert Fleet with our existing software offerings, our users will now have access to unparalleled real-time advanced hazardous road condition alerts which greatly enhances our efforts to save lives and minimize accidents that could otherwise have been preventable,” said Michael Dieschbourg, President of Propel IT.”

Read More: https://agoracom.com/ir/PredictivAI/forums/discussion/topics/757865-predictiv-ai-s-weather-telematics-partners-with-propel-it-to-accelerate-commercialization-of-it-saas-fleet-safety-platform/messages/2309368#message

TAAT™ Lifestyle & Wellness Ltd. $TAAT.ca $TOBAF Announces Upgrade to OTCQX® Best Market $BYND $INGR $MO $TPB

Posted by AGORACOM at 9:35 AM on Tuesday, March 23rd, 2021
TAAT

LAS VEGAS and VANCOUVER, British Columbia, March 23, 2021 (GLOBE NEWSWIRE) — TAAT ™ LIFESTYLE & WELLNESS LTD. (CSE: TAAT) (OTCQB: TOBAF) (FRANKFURT: 2TP2) (the “Company” or “TAAT ™ ”) is pleased to announce that OTC Markets Group Inc. (“OTCM”), operator of financial markets for 11,000 U.S. and global securities, has confirmed that the Company has officially been upgraded from the OTCQB® Venture Market (“OTCQB”) to the OTCQX® Best Market (“OTCQX”), the highest tier of OTCM’s markets.

The OTCQX market differs from the OTCQB market in that it is intended for established firms, as opposed to early-stage firms. Issuers on the OTCQX market are held to more stringent reporting and disclosure standards, and require a professional third-party sponsor introduction. The OTCM regulations specifically exclude penny stocks, shells, and companies in bankruptcy from the OTCQX market.

The Company believes that this upgrade reflects the progress it has made to date in the USD $814 billion global tobacco industry as it has launched its flagship product at retail in Ohio, as well as through online channels across the United States.

The Company has also engaged professional advisory firms to prepare for a potential future application to list its common shares on the NASDAQ market.

Read More: https://agoracom.com/ir/TAAT/forums/discussion/topics/757862-taat-lifestyle-wellness-ltd-announces-upgrade-to-otcqx-best-market/messages/2309361#message

Draganfly $DFLY.ca $DFLYF Secures One Million Dollar Flight Services Contract $FLT.ca $UAVS $ALPP $WIN.ca $WINKF

Posted by AGORACOM-JC at 9:29 AM on Tuesday, March 23rd, 2021
  • Announced that it has signed a $1M services deal to deploy EagleEye ™ AI flight services with Windfall Geotek Inc. (“Windfall Geoteck”) (TSX-V: WIN) (OTCQB: WINKF).
  • Windfall Geotek flies mining prospect with magnetometers.
  • The data is placed into EagleEye ™ along with other data and provides recommended targets for mining companies to drill.
  • This was traditionally done by fixed-wing aircraft flying mag surveys.
  • Draganfly flies smaller patterns and uses EagleEye’s ™ AI software to get better results and provide better potential targets using the AI data.
  • The mining focus will be on battery metals nickel, zing, lithium, and cobalt.

Los Angeles, CA., March 23, 2021 — Draganfly Inc. (OTCQB: DFLYF) (CSE: DFLY) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions, and systems developer, today announced that it has signed a $1M services deal to deploy EagleEye ™ AI flight services with Windfall Geotek Inc. (“Windfall Geoteck”) (TSX-V: WIN) (OTCQB: WINKF).

Windfall Geotek flies mining prospect with magnetometers. The data is placed into EagleEye ™ along with other data and provides recommended targets for mining companies to drill. This was traditionally done by fixed-wing aircraft flying mag surveys. Draganfly flies smaller patterns and uses EagleEye’s ™ AI software to get better results and provide better potential targets using the AI data. The mining focus will be on battery metals nickel, zing, lithium, and cobalt.

Windfall Geotek is a mining services company and a leader in the use of Artificial Intelligence (AI) and advanced knowledge-extraction techniques since 2005. Windfall Geotek has contractually agreed to have Draganfly provide $1M in flight services over the course of the next year with $500,000 already directly funded and allocated.

“We are excited about this phase of Windfall’s growth with Draganfly. Bringing our two technology and service platforms together is industry-defining as we can provide the most ecologically friendly and in-depth exploration solution in the industry,” said Dinesh Kandanchatha, Chairman of Windfall Geotek. “Together we will transform primary exploration by finding low/zero carbon solutions through AI and drones.”

“We are excited about deepening our partnership with Windfall Geotek,” said Cameron Chell, CEO of Draganfly. “EagleEye ™ is a brilliant and unique offering that leverages Draganfly sensors and drone technology, creating a proprietary digital exploration solution that is both cost-effective and sustainable.”

About Windfall GeotekPowered by Artificial Intelligence (AI) since 2005

Windfall Geotek (TSX-V: WIN), (OTCQB: WINKF) is an Artificial Intelligence company that has been in business for over 15 years developing its proprietary CARDS analysis (AI) and data mining techniques. Windfall Geotek can count on a multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence, and mathematics. It combines available public and private datasets including geophysical, drill hole and surface data. The algorithms designed and employed by Windfall Geotek are calculated to highlight areas of interest that have the potential to be geologically similar to other gold deposits and mineralization. Windfall Geotek’s objective is to develop a new royalty stream by significantly enhancing and participating in the exploration success rate of mining and to continue the Land Mine detection application as a high priority. Windfall has played a part in numerous past discoveries utilizing its methodology as described at: https://windfallgeotek.com/ .

For further information, please contact:

Dinesh Kandanchatha
Chairman
[email protected]
www.windfallgeotek.com

Additional information about Windfall Geotek is available under Windfall Geotek’s profile on SEDAR at www.sedar.com . Neither the TSX Venture Exchange nor does its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

About Draganfly

Draganfly Inc. (CSE: DFLY; OTCQB: DFLYF; FSE: 3U8) is the creator of quality, cutting-edge drone solutions, software and AI systems that revolutionize the way organizations can do business and service their stakeholders. Recognized as being at the forefront of technology for over 22 years, Draganfly is an award-winning, industry-leader serving the public safety, agriculture, industrial inspections, security, mapping, and surveying markets. Draganfly is a company driven by passion, ingenuity, and the need to provide efficient solutions and first-class services to its customers around the world with the goal of saving time, money, and lives.

Canadian Sport Institute Pacific teams up with Kontrol $KNR $KNR.ca $KNR.c $KNRLF #BioCloud to help protect Canada’s #Olympic and Paralympic hopefuls on the road to Tokyo $SNE $MSFT $HON $GOOGL $QCOM

Posted by AGORACOM-JC at 9:18 AM on Tuesday, March 23rd, 2021
  • Canadian Sport Institute Pacific (CSI Pacific) is teaming up with Kontrol BioCloud to operate its Safe Space Technology™ in the National Team Training environment.
  • The Kontrol BioCloud viral detection technology is designed as a real-time analyzer to detect airborne pathogens, such as COVID-19.
  • The system will be installed at Canadian Sport Institute Pacific’s Whistler Athletes Centre in Whistler, BC

TORONTO , March 23, 2021 – Kontrol Technologies Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) (” Kontrol Technologies ” or ” Kontrol ” or ” Company “) announces that Canadian Sport Institute Pacific (CSI Pacific) is teaming up with Kontrol BioCloud to operate its Safe Space Technology™ in the National Team Training environment. The Kontrol BioCloud viral detection technology is designed as a real-time analyzer to detect airborne pathogens, such as COVID-19. The system will be installed at Canadian Sport Institute Pacific’s Whistler Athletes Centre in Whistler, BC 

We developed BioCloud to help us get back to normal across all sectors of the economy, including athletics and sports.  We are delighted to share our Safe Space Technology with Canadian Sport Institute Pacific ,” says Paul Ghezzi , CEO of Kontrol Technologies Corp.

CSI Pacific works closely with a large number of Olympic and Paralympic hopefuls training in British Columbia , and throughout a wide variety of sports.  These athletes and coaches have been training under strict COVID-19 protocols throughout the pandemic. Protocols include small training groups, masking, social distancing, handwashing, and thorough sanitizing of all equipment.

CSI Pacific identified athletes are exempt from the Government of British Columbia’s public health order, which has created opportunities for high performance athletes to train, compete and travel within the province. This is a huge opportunity for B.C. to support athletes and CSI Pacific thanks the Government of British Columbia for making this consideration. This opportunity is also how Kontrol BioCloud can provide an additional benefit to these athletes.

“CSI Pacific’s staff have been working diligently throughout COVID to help keep these athletes healthy and safe as they prepare to represent Canada at the Tokyo Olympics and Paralympics,” says Dr. Paddy McCluskey , CSI Pacific’s Chief Medical Officer. “We are excited to add the BioCloud device to our safety measures as it will give athletes confidence that they are training in a safe space.”

The trialing of the BioCloud technology will further enhance the safety of these environments and ensure that Canada’s Olympic and Paralympic hopefuls can continue focusing on their training in the lead up to Tokyo .
Athletes registered with CSI Pacific are upholding an extremely high standard of COVID safety by training in bubbles and undergoing testing to ensure safety in and around the training environment. CSI Pacific staff are upholding the same level of safety for the protection of the athletes, coaches and each other in order to minimize the disruption to training and competition for the athletes. CSI Pacific would like to thank all athletes for following the protocols so diligently.

Kontrol, both directly and through its growing global distribution network, has identified athletics, sports and sporting venues as an important vertical to establish safe spaces.

About CSI Pacific – (Canadian Sport Institute Pacific): Powering Performance. Inspiring Excellence.

Offering world-class Olympic and Paralympic training environments in Vancouver , Whistler and Victoria , Canadian Sport Institute Pacific is committed to Powering Performance. Inspiring Excellence. Working with national sport organizations and fuelled by our national and provincial partners such as Sport Canada, viaSport, Own the Podium, Canadian Olympic Committee, Canadian Paralympic Committee and the Coaches Association of Canada , we are driven by our mantra to Collaborate. Serve. Innovate. Perform.

Our team of sport science, sport medicine, coaching & life services experts provide leading-edge programs and services to athletes and coaches to ensure they have every advantage to win medals for Canada .
www.csipacific.ca

About Kontrol BioCloud TM

BioCloud is a real-time analyzer designed to detect airborne viruses. It has been designed to operate as a safe space technology by sampling the air quality over time. With a proprietary detection chamber that can be replaced as needed, viruses are detected, and an alert system is created in the Cloud or over local intranet. BioCloud has been designed for spaces where individuals gather including classrooms, offices, retirement homes, hospitals, athletics, mass transportation and other. Additional information about Kontrol BioCloud can be found on its website at www.kontrolbiocloud.com .

About Kontrol Technologies Corp.

Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol Technologies provides a combination of software, hardware, and service solutions to its customers to improve energy management, air quality and continuous emission monitoring.

Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com