Minerva Intelligence Releases GAIA Interactive Landslide Map for BC's Sea to Sky Region

VANCOUVER, BC, July 7, 2020 /CNW/ - Minerva Intelligence Inc. (TSXV: MVAI) ("Minerva" or the "Company"), an artificial intelligence company focused on knowledge engineering, is pleased to announce the release of its Sea to Sky Landslide Map to the general public. The map uses proprietary artificial intelligence technology developed by Minerva and marks the Company's first Software as a Service (SaaS) product being used in a commercial capacity.

The Sea to Sky Landslide Map, part of Minerva's GAIA Natural Hazards AI platform, represents a pilot project for Minerva, whereby the Company has amalgamated a vast and complex array of publicly available databases and combined it with their unique cognitive AI technology to build an interactive, constantly-updated webmap of BC's Sea to Sky region.

The GAIA Sea to Sky Landslide Map is an interactive webmap showing landslide susceptibility for BC's Sea to Sky region. The map uses cutting-edge artificial intelligence technology to assess where a landslide might occur so that consulting geologists, homeowners, insurance underwriters, and other interested users can take appropriate steps to manage the hazard.

Minerva's GAIA Natural Hazards AI platform uses the Company's proprietary cognitive AI technology to provide unique insights by (a) quickly identifying hazard zones by analyzing multiple publicly available datasets (b) visualizing multiple hazards simultaneously including debris flow, slides in soil, and slides in rock (c), assessing current, 24-hour and 48-hour hazard forecasts based on weather conditions, and (d) expressing the attributes and the scoring system used to produce the hazard assessment in plain language.

"By using Minerva's cognitive AI to identify relationships between various geomorphological parameters, we can essentially get an unbiased second opinion to augment our own geohazard assessment," said Nathaniel Tougas, P. Eng, a geohazard consultant in British Columbia. "The GAIA Landslide Map provides geological engineers with AI tools and insights that have never been available in our field, and this is truly exciting to me."

 "We are thrilled to be debuting a SaaS product in the natural hazard space, furthering our strategy of applying our technology to geohazard consulting and insurance sectors," said Scott Tillman, CEO of Minerva Intelligence. "While this is the first phase of the GAIA Natural Hazard AI project, we are optimistic that the Sea to Sky Landslide Map will showcase the vast scope of what Minerva's technology is capable of."
 
Mr. Tillman continued, "The GAIA Natural Hazard AI platform represents a significant opportunity for our technology to help in natural hazard risk analysis and disaster risk reduction initiatives, and this application further validates our belief that there is a real need and demand for what Minerva's software is able to offer. We look forward to expanding the scope of the map to include more locations in the near future."

The Sea to Sky Landslide Map is available free to the public for a promotional period before moving to a subscription model. Users can access the maps at https://www.minervageohazards.com/.

About Minerva Intelligence, Inc.

Minerva Intelligence Inc. is a knowledge engineering company based in Vancouver, BC, Canada, with a subsidiary office in Darmstadt, Germany. Their proprietary evidence-based decision-making software is bringing the benefits of artificial intelligence technology to industries dependent on reasoning with complex technical and scientific data.

Although Minerva's applications currently focus on earth science-related domains including natural hazards and mineral exploration, their technology has application in diverse industries and domains.

Minerva's common shares are currently listed on the TSX Venture (symbol MVAI).

For further details, please refer to their website www.minervaintelligence.com.

This news release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, "U.S. persons," as such term is defined in Regulation S under the U.S. Securities Act, unless an exemption from such registration is available.

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Forward Looking Information: This news release includes certain information that may be deemed "forward-looking information". Forward-looking information can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. All information in this release, other than information of historical facts, including, without limitation, the availability of financing to the Company are forward-looking information that involve various risks and uncertainties. Although the Company believes that the expectations expressed in such forward-looking information are based on reasonable assumptions, such expectations are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking information. Forward-looking information is based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from the forward-looking information include changes in project parameters as plans continue to be refined, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, regulatory changes, delays in receiving approvals, and other risks detailed herein and from time to time in the filings made by the Company with securities regulatory authorities in Canada. Mineral exploration and development of mines is an inherently risky business. Accordingly, actual events may differ materially from those projected in the forward-looking information. For more information on the Company and the risks and challenges of our business, investors should review our continuous disclosure filings which are available at www.sedar.com. Readers are cautioned not to place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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SOURCE Minerva Intelligence Inc.

Dan Vroon, Business Development Manager, [phone], [email protected]; Virtus Advisory Group, Investor Relations, [phone], [email protected]