Internet of Things Inc Sees Surge In Demand For ThermalPass

Internet of Things Inc (TSXV: ITT) (OTC: INOTF) reported this morning that it is experiencing a surge in demand for its fever detection system known as ThermalPass, due in part to the ongoing coronavirus pandemic while businesses attempt to restart operations.

The company announced this morning that it is currently continuing discussions with a range of potential clients, which includes large property management companies, nationwide retail chains, as well as various levels of governments whom are wanting to utilize ThermalPass so they can open their facilities safely.

The ThermalPass system is superior to similar product offerings currently available on the market in that it uses medical grade sensors versus that of cameras. Infrared cameras tend to be less accurate, while being more costly and invade on privacy – something which privacy watchdogs have been clamoring over as of late.

ThermalPass’ AI-powered tech enables for fast, touch-free scanning on individuals as they walk through the device, measuring temperatures from a distance by detecting a persons infrared energy. Should an abnormality in temperature be detected, the system instant and quietly alerts security personnel, enabling a secondary check to occur while maintaining traffic flow. ThermalPass is intended to be placed at points of access for public spaces such as office buildings, stadiums, airports, and schools. The tech itself was developed by AI Labs, ITT’s subsidiary, in conjunction with Commersive Solutions, a developer of point-of-sale tech that creates unique retail experiences.

“As the spread of contagions is a major concern, governments and businesses must implement solutions to put minds at ease as people get back to work. While we are not happy to see this pandemic prolonged, we are proud to have created a mitigating solution that is being met with such fervent commercial interest. ThermalPass is positioned to help all types of corporations and institutions rebuild confidence as the world recovers from this unprecedented economic and health crisis.”
Michael Lende, CEO & President ITT

Furthermore, the company is has applied to Health Canada for its Medical Device Establishment License under the streamlined interim order process.

Canadian Copper Inc. — sponsored Sponsored · Canadian Copper Inc.

Internet of Things Inc last traded at $0.045 on the TSX Venture.


FULL DISCLOSURE: Internet of Things Inc is a client of Canacom Group, the parent company of The Deep Dive. The company has been compensated to cover Internet of Things Inc on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Gold, Silver & the $1.48 Quadrillion Derivatives Threat | Lynette Zang – Zang International

These Mining Stocks Have Huge Upside… But Here’s the Catch | Oct. 19-23 – Weekly Mining Mailbag

Selkirk Copper: Why The PEA Discount?

Recommended

Blue Jay Gold Signs Ocean Partners Deal to Ship Steller Stockpiles Through 2027

Krait Critical Minerals Signs Option for Historical Nevada King Antimony Mine

Related News

Vancouver Housing Sales Surge by 29% in October Despite Economic Slowdown

Despite the resurgence of a COVID-19 wave, it appears that Canada’s housing market still remains...

Tuesday, November 3, 2020, 04:29:00 PM

US Posts Another 6M Jobless Claims Week

This morning the Department of Labour announced another 6.6M Americans have filed for jobless claims...

Thursday, April 9, 2020, 09:53:01 AM

Relay Medical Joint Venture Secures Over $500,000 In Initial Contracts

Relay Medical (CSE: RELA) has seen its joint venture, Fionet Rapid Response Group, acquire contracts...

Friday, November 13, 2020, 07:09:11 AM

Hyperinflation: Remember, GDP = Money Supply x Velocity

When trying to wrap my head around economics, I like to simplify basic principles down...

Saturday, April 4, 2020, 01:45:58 PM

Datametrex Secures Another $450,000 COVID-19 Test Kit Purchase Order

The checks just keep on coming in for Datametrex AI (TSXV: DM). The company announced...

Monday, June 8, 2020, 10:31:48 AM