The first Kassa Pasta and Chicken “N” DIP restaurants are now equipped with AI-Powered AssetCare connected building solutions to provide a healthy and comfortable environment for customers

San Francisco, California, November 9, 2021 / CNW / – mCloud Technologies Corporation (TSX-V: MCLD) (OTCQB: MCLDF) (“mCloud” or “Company”), a leading provider of AI-enabled asset management and environmental, social and management (“ESG”) solutions, announced today. Completed the first two places in Saudi Arabia – Casa Pasta and CHICK “N” DIP Restaurants – from mCloud’s AssetCare solution for HVAC and indoor air quality (“IAQ”).

Facilitated by Saudi Vision 2030 in partnership with URBSOFT, an innovative urban technologies and services that support the initiative. Government of Saudi Arabia, mCloud improves indoor air quality and energy efficiency in restaurants.

Kassa Pasta is owned by a group of restaurants in Cobar City and CHICK “N” DIP in Dahran City, Dahran Mall, and has more than 100 restaurants in total. Saudi Arabia. It is planned to expand AssetCare into other restaurants within the AFCO portfolio.

“Through AsetCare, customers in selected AFCO restaurants can scan the QR code to read the indoor air quality directly before entering,” he said. Ibrahim al-Hindi, mCloud President, MENA. “Our IAQ solution exceeds the standards and regulations set by the health and construction authorities. This is the first implementation of our mCloud solution since we received the MISA license last month, which will allow us to build a large regional center here.” Government of Saudi Arabia. We look forward to helping businesses in the government achieve their ESG goals.

“Implementing technology that supports sustainability and protects our customers is not only a smart business, but also part of the Saudi Vision 2030 initiative to help people live healthier lives,” he said. Ahmed Abdulaziz Al-Qadi“We are proud to offer not only quality food and services to our customers, but also a comfortable and convenient place to visit,” said Afco CEO.

With AsetCare, customers can enjoy safe indoor air through a combination of IOT-enabled 24/7 air quality control and AI-driven connected air filters. Indoor air quality can improve the efficiency of standard HEPA filters by continuously removing up to 95% of harmful particles and pollutants from less than one micron. In addition, the AssetCare HVAC and IAQ solution uses AI to reduce HVAC power upgrades by up to 25%, save on cost-effective maintenance, and reduce construction energy waste.

You are invited to visit more information about mCloud’s HVAC and IAQ solutions https://www.mcloudcorp.com/HVAC-and-indoor-air-quality To find out more.

About mCloud Technologies Corp.

mCloud is unleashing untapped energy resources through AI and analytics, controlling energy waste, increasing energy production, and getting the most out of critical energy infrastructure. With mCloud’s AI-powered AssetCare ™ platform, mCloud provides complete asset management solutions for commercial buildings, renewable energy, healthcare, heavy industry and related employees. IoT sensors bring information from connected assets to the cloud, and AI and analytics are implemented to maximize their performance.

With international presence and offices San Francisco, Vancouver, Calgary, London, Perth, Singapore, And Beijing, The mCloud family includes high-performance IoT, AI, 3D, and mobile capabilities for clients, all integrated into AssetCare. With more than 100 blue-chip customers and more than 62,000 assets connected in thousands of locations around the world, mCloud is changing the way it manages energy resources.

MCloud shares are traded. Kannada On the TSX Venture Exchange with the MCLD symbol and America MCLDF mark on OTCQB. mCloud’s convertible is traded on the TSX Venture Exchange under the MCLD.DB symbol. Visit the website for more information www.mcloudcorp.com.

Alwawak Food Company (AFCO)

One of the largest and fastest F&B companies in Saudi ArabiaProfessional and highly international. The company has more than 15 years of experience in manufacturing restaurants and supply chains and has 5 brands with “Italian, Asian, American, Portuguese and Indian cuisine” concepts. Nearly 100 restaurants will quit KSA in the next few years with plans for regional and international expansion. Visit the website for more information www.althawaqh.com.

About URBSOFT

A.D. Founded in 2014, URBSOFT is a fast-growing company offering new urban technologies and services based on design thinking, digital product creation, customer experience management and digital transformation. Regardless of the industry, equipment, purpose, or technology platform, we are motivated to improve human relationships with technology by designing and building meaningful relationships between companies and their customers. Visit the website for more information www.urbsoft.com.

Future information and statements

This press release contains some “forward-looking information” in the Canadian Guarantee Act and may also contain statements that may be “forward-looking statements” in the translation of Safe Harbor Regulations 1995. Such forward-looking information and forward-looking statements provide historical facts or information. Or they do not represent current events, but rather the company’s beliefs about future events, plans, or purposes, many of which are inherently uncertain. And out of the control of the company. In general, future information or future statements can be identified using “planned”, “expect” or “not expected”, “expected”, “budget”, “reserved words”. “,” Guesses “,” predictions “,” he thinks “,” expects “or” does not guess “, or” believes “, or may contain variations of these words and phrases or” possible “descriptions of certain actions, events or results. “,” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “”

By identifying such information and statements in this way, the Company warns the reader that such information and statements are a warning to known and unknown hazards, uncertainties and other factors that may result in the Company’s actual results, level of activity, performance or success. Be different from what is described or described in such information and statements.

Investment in the Company’s insurance documents is approximate and prone to many risks. October 5, 2017. Although the company may be trying to identify material factors that may differ materially from the results of future data and future statements, there may be other reasons why the results may not be as expected, predictable, or intended.

The company has made some assumptions regarding the information and future statements contained in this press release. Although the Company believes that the assumptions and reasons used for its preparation and the expected information and statements contained therein are reasonable, there should be no unreasonable reliance on this information and statements, and no warranty or guarantee can be given. Accurate results and future events may be different from what is expected of such information and statements, so such predictions and statements are accurate. Future information and future statements contained in this press release date from the date of publication of this press release, and the Company has not taken any changes to the information contained in it or future information and / or future statements. It is mentioned herein except in the applicable warranty laws. All subsequent written and oral information and statements regarding the future of the Company or those acting on its behalf are fully eligible for this notice.

Neither TSX Venture Exchange nor the Regular Service Provider (as defined in the TSX Venture Exchange Policies) will be liable for the accuracy or accuracy of this release.

Source mCloud Technologies Corp.

For more information, Wayne Waynerews, RCA Financial Partners Inc., T: 727-268-0113, [email protected]; Barry Poe, Chief Marketing Officer, mCloud Technologies Corp., T-866-420-1781

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