mCloud Technologies Corp. announced today a three-year agreement with Colliers Macaulay Nicolls Inc. to deploy mCloud’s AssetCare solution for HVAC and indoor air quality (“IAQ”) at Life Plaza in Calgary. The initial subscription term for this agreement becomes effective at the completion of AssetCare installation and is set to renew in November 2025. Patrick O’Neill, Ph.D., mCloud President for Connected Buildings said:

“Through AssetCare, tenants and occupants at Life Plaza will be able to breathe easy knowing they are in a connected building that defines the new industry benchmark for thermal comfort, air quality and sustainability.”

A combination of IoT-enabled 24/7 air quality monitoring and AI-driven connected air purification will drive indoor air quality capable of outperforming standard HEPA filtration by continuously eliminating up to 95% of harmful particulates and contaminants smaller than one micron in size. Mobile-scannable QR badges present throughout the building will allow building occupants to get live readings of the indoor air quality in their surroundings at any time.

In addition to improving indoor air quality, the AssetCare HVAC and IAQ solution employs AI to drive HVAC energy improvements of up to 25%, cost savings from optimized maintenance, and positive ESG outcomes from the elimination of building energy waste.