Welcome to our dedicated page for Predictiv Ai news (Ticker: INOTF), a resource for investors and traders seeking the latest updates and insights on Predictiv Ai stock.
Predictiv AI Inc. reports developments as a technology company focused on artificial intelligence, deep machine learning and data science applications. Its Weather Telematics Inc. subsidiary has used patented air quality monitoring sensors to provide predictive weather risk information for the insurance, logistics, fleet management and public safety sectors, while AI Labs Inc. has developed business-focused products.
Company news commonly covers capital-structure actions, including private placements, warrant terms and shares-for-debt settlements, along with operating updates, financial constraints affecting operations, exchange and trading-status matters, and corporate transaction updates such as the terminated reverse takeover letter of intent.
Predictiv AI Inc. (OTC: INOTF) has successfully sold and installed multiple ThermalPass temperature scanning systems in North Carolina's Iredell-Statesville Schools, enhancing safety protocols as schools reopen. This installation responds to the CDC's guidelines and supports over 20,000 students across 37 campuses. The system is anticipated to help reduce absenteeism, potentially increasing district funding by over $500,000. With the recent $1.9 trillion COVID-19 stimulus package, the education market for ThermalPass is expected to expand rapidly, bolstering Predictiv AI's growth prospects.
Predictiv AI Inc. (OTC: INOTF) has entered into a consultancy agreement with F2 Factor to enhance its sales and distribution capabilities. This partnership aims to leverage F2 Factor's expertise in multichannel marketing to support Predictiv AI's leadership in accelerating sales, particularly in its temperature screening solutions segment, including the ThermalPass product. Mark Collins, President of F2 Factor, highlighted the potential for differentiated value and sustained success for customers. Predictiv AI remains committed to developing innovative solutions without making claims about COVID-19 containment.
Predictiv AI Inc. (OTC: INOTF) announced the successful installation of multiple ThermalPass temperature scanning devices at Memorial Healthcare System facilities in South Florida. This technology aims to streamline temperature checks for staff amidst the ongoing COVID-19 pandemic. Memorial, a leader in healthcare, highlights the efficiency gained by integrating ThermalPass into its operations. Although the technology is lauded, Predictiv AI clarifies it does not claim to eliminate or contain COVID-19. The company remains focused on leveraging AI for innovative healthcare solutions.
Predictiv AI Inc. (OTC: INOTF) announced a strategic partnership between its subsidiary, Weather Telematics Inc., and Propel IT Inc. This collaboration aims to enhance real-time data access for drivers and dispatchers. The integrated system, Alert Fleet, will offer advanced weather hazard alerts to improve driver safety and efficiency. Propel, serving the transportation sector for over nine years, focuses on reducing accidents and environmental impact, while utilizing a subscription model for revenue. The partnership addresses growing safety demands amid increased accident rates during the pandemic.
Predictiv AI Inc. (OTC: INOTF) has partnered with the Waterloo Artificial Intelligence Institute at the University of Waterloo to enhance its AI innovations. This collaboration will provide Predictiv AI's subsidiary, AI Labs Inc., access to top AI resources, boosting research and development capabilities. CEO Michael Lende emphasized the partnership's role in accelerating innovation while remaining asset-light. The company aims to support Waterloo.AI events and engage with other partners throughout this relationship.
Predictiv AI Inc. (OTC: INOTF) announced a partnership with Security Identification Systems Corp. (SISCO) to distribute its ThermalPass technology in the U.S. ThermalPass, a touchless screening device, will be integrated with SISCO's Fast-Pass® Visitor Management System, targeting sectors such as healthcare, hospitality, and government. This partnership is expected to enhance existing client safety measures, including notable organizations like Royal Caribbean and HCA Healthcare. Predictiv AI continues to expand its distribution network while focusing on their core competencies.
Predictiv AI announced its ThermalPass fever detection system's first installation in North America by Ontario's Anderson Haulage on October 13, 2020. This medical-grade thermal sensor helps mitigate COVID-19 spread by screening temperatures at entrances of high-traffic locations. The launch celebrated a significant milestone in public health technology, although the company does not claim the product can eliminate or contain the virus. For more details on Predictiv AI’s offerings, visit www.predictiv.ai.
Predictiv AI Inc. (OTC: INOTF) announced the commercial launch of its AI-enabled thermal sensor system, ThermalPass, set for October 13, 2020. The transition from prototype to production follows successful stress tests conducted by Makel Engineering, enhancing market readiness. ThermalPass aims to help mitigate the spread of COVID-19 in high-traffic areas and boasts medical-grade sensors that conduct 480 temperature readings per second while ensuring privacy. The company is actively engaged in developing a sales pipeline based on feedback from various sectors.