Predictiv AI Inc PAI TSX - INOTF OTC- 71T FRA UPDATE ON SALES PROCESS AND PIPELINE These shares have consolidated recently finding support at current levels. We could see a testing of the old highs at $0.35 which would be more than a double . We urge serious investors to place these shares on their BUY LIST and watch carefully for an upside breakout . ________________________________________ TORONTO , Nov. 18, 2020 /CNW/ - Predictiv AI Inc. (TSX VENTURE: PAI) (OTC: INOTF) ( FRANKFURT : 71TA) (" Predictiv AI " or the " Company "), www.predictiv.ai , a software and solutions provider in the artificial intelligence and industrial IoT markets, is pleased to provide a sales update on ThermalPass www.thermalpass.com , its AI-enabled, thermal sensor temperature screening system. Predictiv AI is delivering units, against five initial orders, over the next 45 days. The initial customer base consists of a wide cross-section of businesses and organizations which include a convention center, a hospital, a mining company, two manufacturing plants and a leading industrial conglomerate. The internal sales and marketing team has also built an extensive pipeline since ThermalPass' commercial launch 30 days ago. In addition, the Company has entered into seven strategic reseller contracts with established sales channels in Canada , the United States and Europe . Although purchase agreements are not yet in place, these channel resellers are expected to significantly accelerate unit orders as they continue negotiations with several government agencies, professional sports teams, long term care facilities and North American financial institutions. Predictiv AI will further update shareholders as material purchase orders are received. ____________________________________________ "Over the past few weeks, we have been securing initial orders across Canada and the US for ThermalPass, to meet the critical needs of organizations and businesses that are working to ensure they have the essential systems in place to help mitigate the spread of contagions and enhance the safety of their environments," said Michael Lende , President and CEO of Predictiv AI. "We are encouraged by our internal sales activities and pipeline since our launch and also very excited to be bringing on board channel resellers to penetrate markets in the province of Quebec , across the United States and into Europe ." ThermalPass was developed to lessen the spread of COVID-19 and other fever-bearing contagions in high-traffic locations, such as supermarkets, schools, office buildings, airports, transit stations, hospitals, long-term care facilities, movie theaters, sports arenas and more. ThermalPass uses thermal medical grade sensors to take 1,200 temperature readings per second. This allows for individual privacy and adherence to social distancing protocols. The system allows for 60 people, per minute, to pass through and requires no recalibrations once set up. ThermalPass is lightweight and assembles and disassembles in less than 10 minutes at any designated entryway. It also comes with its own software that offers enterprise solutions that integrate with exiting software platforms. The Company 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/
About Predictiv AI:
Cautionary and
Forward-Looking Statements: 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 PRESS RELEASE.
|