TORONTO, April 13, 2021 /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 announce that it has entered into a consultancy agreement, effective immediately, with F2 Factor ("F2") to provide strategic support services to the Predictiv AI leadership team, and to increase sales and distribution across brands and products.
As a leader in multichannel marketing, sales, and distribution, F2 Factor is a firm which works in tandem with leading businesses to build and execute their sales strategy. The firm is led by Mark Collins who will be working directly with the leadership team at Predictiv AI. As a seasoned executive, Mark has built a track record of success, winning numerous awards throughout his career with GE and Cisco. Mark has played a leadership role in building multiple $100m franchises within global companies and worked with many start-up and scale-up companies over the years.
"Predictiv AI has already demonstrated an ability to bring cutting-edge technology to market at the right time to set the foundation for enabling intelligent infrastructure and controls for shared spaces that are game changing", said Mark Collins, President of F2 Factor; "We're extremely excited to team up with Predictiv AI and work together to add differentiated value and sustained success to new and prospective customers and partners. Our combination of experience, insight, and a culture of being hands on, uniquely positions us to play a key role in accelerating sales".
"To have one of the leading North American sales channel and distribution consultancy firms engaged and embedded as an extension of our team is a major leap forward in our sales plan and execution strategy. For an AI company and manufacturer, it's a game changer," said Michael Lende, CEO of Predictiv AI. "Our focus and strength lies within our core business, developing innovative products and applications for use in real-world scenarios, to solve real-world problems. We're thrilled to be working with F2Factor and firmly believe that they'll be instrumental in expanding our overall market share, particularly in the temperature screening solutions segment through the promotion and sale of ThermalPass."
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:
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.
For further information: Company Contacts: Michael Lende, President and Chief Executive Officer, Mobile: 416-884-5911, Email: [email protected]; F2 Factor, F2Factor.com, Mark Collins, President and Chief Executive Officer, Mobile: 416-471-0588, Email: [email protected]; Media Contact: Dwain Schenck, Schenck Strategies, Mobile: 203-223-5230, Email: [email protected]