ThermalPass and Predictiv AI Featured on FOX.com
Toronto, Canada, June 5, 2020 - Predictiv AI (TSX VENTURE: PAI) (OTC: INOTF) (FRANKFURT: 71T) ("PAI Inc." or the "Company") www.predictiv.ai, a software and solutions provider in the artificial intelligence and industrial IoT markets, is pleased to announce that its fever detection system, ThermalPass www.thermalpass.com, was prominently featured in an article on Fox.com last night titled, "As America reopens, fever-screening technology touted as promising tool."
The report focuses on how businesses are looking to fever screening technology to safely reopen and as an added layer of protection for their employees and customers against the spread of COVID-19. The article goes on to say how ThermalPass was inspired out of necessity and that its fever screening solution will instill confidence in those who are wary of getting back to large gatherings or travel.
ThermalPass, developed jointly by AI Labs Inc., a wholly owned subsidiary of PAI Inc. and Commersive Solutions Corp, is designed to enhance public safety by providing fast, touch-free scanning of multiple people at entranceways of high-traffic, public locations to reduce the risk of spreading COVID-19 and other fever-bearing contagions. Last week PAI Inc. announced that it just received permission from Health Canada to conduct business with ThermalPass pending clearance of a Medical Device Establishment License (MDEL).
"We are pleased to see PAI Inc. and ThermalPass profiled in a news outlet as widely viewed as Fox.com," said Michael Lende, President and CEO of Predictiv AI. "We are planning to start 'In-field' testing of the ThermalPass later in the month in the U.S. and Canada and are receiving calls from hospitals, malls, outdoor concert venues, retail stores, grocery chains and governments to test the product."
Unlike thermal camera technology, ThermalPass uses medical grade sensors designed to measure temperature from a distance by detecting an object's infrared energy. The company's AI-powered system allows for rapid scanning of individuals as they pass through the device without impeding walking speed when entering public locations. The system instantly and quietly alerts security personnel of any person with a higher-than-normal temperature, enabling staff to conduct a secondary check and maintain traffic flow.
For more information on Predictiv AI visit: www.predictiv.ai and follow PAI on:
About Predictiv AI (TSX VENTURE: PAI) (OTC: INOTF) (FRANKFURT: 71T)
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 predictiv 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 receiving final Health Canada approval; 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.
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