TORONTO, Dec. 23, 2020 /CNW/ - 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
update on recent sales of ThermalPass, its sensor-based temperature
screening system.
Since our last update on December
11th, the Company has received orders for an
additional thirty four (34) units, bringing the total sold to
sixty-two (62), since ThermalPass' commercial launch only seven
weeks ago. The customers for the current 34 units include initial
orders from prisons and aboriginal communities in Canada and new orders from hospitals and
public schools in the US.
Predictiv AI's management and channel partners have been working
to expand the sales pipeline for ThermalPass to numerous markets
including retail, financial institutions, professional sports
teams, leagues and organizations, cruise lines and a wide spectrum
of corporations and manufacturers.
"We are incredibly pleased with the early-stage orders from
companies across a number of different industries that have been
gravitating to ThermalPass, preferring our distinctive solution
over the competition," said Michael
Lende, President and CEO of Predictiv AI. "We view a
significant proportion of these sales as "foundational" orders from
substantial ecosystem companies; as such, we see strong potential
to receive large batch orders from these same customers in Q1 2021
and beyond."
Predictiv AI 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
SOURCE Predictiv AI Inc.
