Ample Organics Inc and Braingrid Corporation Enter into Strategic Partnership

Toronto, ON – May 17, 2017: Ample Organics Inc., the most widely adopted enterprise seed-to-sale cannabis platform in Canada and Braingrid Corporation, a provider of affordable, scalable, and rapidly deployable sensor platforms for precision agriculture, today announced a strategic partnership to enhance Ample Organics’ customer offering. This solution will combine Braingrid’s wireless sensing and data collection expertise with Ample Organics’ enterprise software platform to create an unprecedented offering for medical cannabis growers.

“We are very pleased to form a strategic partnership with Ample Organics,” said Michael Kadonoff, CEO of Braingrid. “Ample Organics is the leader in seed-to-sale software for Canada’s licensed medical cannabis producers. By integrating Braingrid’s wireless sensing capabilities, they are greatly enhancing their product offering for their customers.”

Together Braingrid and Ample Organics are innovating with big data and analytics to address a challenge facing many licensed medical cannabis producers: reducing crop risk and operating costs while simultaneously increasing yields. Braingrid’s wireless sensing system will capture environmental data (such as temperature, relative humidity, CO2, O2, and atmospheric pressure), generate alarms and notifications as well as communicate data to Ample Organics’ software. Ample Organics’ solution integrates this data with production data to offer its customers unique grow analytics for optimized crop yields.

John X. Prentice, CEO of Ample Organics, commented: “By integrating the capabilities of Braingrid’s proprietary sensor platform, Ample Organics will deliver embedded environmental analytics to the Canadian cannabis industry. This is our first step towards deploying machine learning to drive harvest analytics and forecasting.”

The first pilot of Braingrid and Ample Organics’ co-innovated platform will take place at Hemisphere Pharmaceuticals beginning May 2017. Hemisphere is a state-of-the-art ACMPR production facility located in Brantford, Ontario.

About Ample Organics

Ample Organics is the most widely adopted seed-to-sale software solution among Canada’s licensed medical cannabis producers, designed specifically for compliance with ACMPR.

About Braingrid

Braingrid provides an affordable, scalable, and rapidly deployable sensor platform. Our fully integrated wireless solution empowers experts, managers, and executives with real-time data that enables valuable insights, increasing revenue while reducing costs and risks.

For further information, contact:

Ample Organics Inc.

Amy Prentice
Tel: (866) 691-8407
Email: amy.prentice@ampleorganics.com

To learn more, visit: ampleorganics.com

Braingrid Corporation

Michael Kadonoff, CEO
Tel: (416) 508-4708
Email: mainbrain@braingrid.io

To learn more, visit: braingrid.io

 

https://www.newswire.com/news/braingrid-and-ample-organics-announce-a-strategic-partnership-19576792

Braingrid to Receive Business Impact Award at 2017 IoT Expo

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Braingrid is honoured to be receiving a Business Impact Award at the 2017 IoT Evolution Expo, held this year in Fort Lauderdale on February 7-10. This award is given out to companies that have successfully implemented IoT solutions which solve business problems, improve efficiencies and drive revenue opportunities.

We are very grateful for this recognition, and look forward to presenting on how Braingrid’s low-cost platform can capture and control critical business heartbeats to optimize operations across any industry sector or function.

 

First Successful Deployment to a Medical Cannabis Grower

Precision Agriculture”, “Agtech”, Big Data … investors and entrepreneurs have been patiently waiting for these technological revolutions to fully take hold of one of humankind’s oldest practices.

While the slow and steady pace of transformation isn’t unexpected for an industry founded on traditional knowledge and “green thumb” intuition, the agricultural sector faces tight margins and isn’t used to the risk-reward profile associated with technological R&D and innovation.

Excitingly, the nascent cannabis subsector might just pave the way in demonstrating ROI for data-driven approaches to cultivation. Those growing the most valuable plant in the world, and one that has finicky needs when it comes to light, moisture and other environmental conditions, certainly have reason to invest in gaining data insights to ensure optimal crop health and yields.

At Braingrid, we realized that our monitoring solution could provide the continuous, real-time variety of data that growers need – and that it could be affordable and effortless on their part.

WeedMD Rx Inc, an ACMPR-licensed medical marijuana producer, was our first client to deploy Braingrid’s Cannabis Solution in their Aylmer, Ontario production facility. On installation day, the Braingrid team mounted eight Sentrollers across the facility to gather real-time data on 21 sensing points of interest, including:

  • humidity, temperature, CO2 levels and light presence in grow rooms
  • humidity and temperature in storage vaults
  • presence of UV lights in the water sterilization system
  • internal temperature of a composter to ensure that compliant disposal of cannabis material.

As any service provider to the highly-regulated medical marijuana industry knows, getting through the numerous security and environmental safety measures – donning full-body coveralls, going through sterilization chambers, having authorized staff enter various PINs and swipe their security cards – can often be the hardest part of the process!

This is where the simplicity and quick installation of the Braingrid solution really benefits the client – once we get in the installation room, it only takes a few minutes to mount the Sentroller and place the sensors. Operations aren’t disrupted and the client can immediately access real-time data through their online customer portal.

“Cannabis crops are highly valuable and demand constant monitoring to ensure optimal yield and product quality. Braingrid deployed a wireless monitoring solution … This solution helps us demonstrate ACMPR regulatory compliance in ways competitive solutions could not. I found that cultivation and operations can now easily manage issues which may affect the quality of the crop…” – Luc C Duchesne, PhD, WeedMD Chief Science Officer, RPIC & Quality Assurance Person

We are very pleased to hear that WeedMD’s staff has found that Braingrid’s Cannabis Solution has been helpful in optimizing growth cycles and managing environmental conditions that affect crop quality, ensuring correct equipment operations and generating the requisite data for Health Canada audits.

Links to third party sites are provided for convenience and unless explicitly stated, Braingrid is not responsible for the contents of such linked sites and no endorsement is implied. Copyright Braingrid Corporation 2017 All Rights Reserved.

Michael Kadonoff is Braingrid’s passionate CEO during the day, and an unrelenting inventor by night.

Sentroller mounted on the wall with a temperature/humidity sensor.

Sentroller mounted on the wall with a temperature/humidity sensor.

Sentroller mounted on the wall to ensure the UV sterilizer bulb is OK.

Sentroller mounted on the wall to ensure the UV sterilizer bulb is OK.

IoT – The Periodic Table

The Internet of Things, continues to grow in our ever evolving world and as it does, private companies, corporations, venture investors and acquirers rise to the occasion.

With that in mind we thought it interesting when we came across a Periodic Table (a chart built to show the relationships among the various “elements” of the Internet of Things),  on a CB Insights blog (a company that uses data, algorithms and predictive analytics to predict “what’s next?” in the market).

The Table in essence outlines some of the key players in the IoT market.  It includes 141 companies, investors and acquirers on a list made up from data that involves financial health, company momentum, investor quality and mergers and acquisitions action.

The table focuses on seven types of industry from left to right and because the Internet of Things is more of a theme than a single industry, it includes lots of different areas and companies. Here are the basic guidelines of how to read it:

  • The left side of the Periodic Table of IoT includes companies across several sub-verticals that make up IoT.  More details on these sub-areas of IoT are below.
  • On the far right, the table shifts to venture capital firms (both multi-stage and micro VCs), corporate investors, angels, accelerators/incubators and crowdfunding platforms selected based primarily on total portfolio investments into IoT and recency of investment in the Internet of Things.
  • The bottom section below is acquirers and notable IoT exits.

Here is the table below (click to expand):

periodic table

Breakdown of several sub-areas on Table:

Wearable Tech

Private wearable tech firms on the list include clothing or accessory companies that fuse sensor and other connected technologies in order to help track primarily health-related matters but also photos, email and GPS location.

Connected Home

Private connected home companies on the list offer connected software platforms and hardware for your home to keep it functioning efficiently.

Building Blocks & Platforms

Companies that help power, facilitate and/or create the IoT universe. This ranges from open-source IoT toolkits to embedded chip makers to DIY electronics.

Industrial Internet

This includes companies working to extend the capabilities of connected devices to physical machinery, industrial processes and workplaces. Many of the firms listed primarily operate in the drone and/or robotics spaces.

Healthcare

Healthcare companies on the table span key remote patient monitoring or machine-to-machine products for the healthcare industry, specifically for use by doctors or home healthcare providers.

In-store Retail

Companies using sensor, beacon and WiFi technologies within the physical retail store in order to help better track and understand in-store customers.

Connected Car

Connected car companies on the table provide wireless technology and/or hardware to help drivers be alerted of details including traffic, accidents, alerts and speeding.

________

Venture Capital Firms

Venture capital firms included make venture equity investments across the stage spectrum and geographies focusing on IoT opportunities. The VC firm category spans both micro VCs and large multi-stage firms with LP commitments ranging from $25M to well over $1B+.

Corporate Investors

Corporate investors in the Internet of Things include both corporations making direct investments and separately identifiable corporate venture units.

Angel Investors

IoT angel investors span both angel groups that bridge the gap between angel investment and institutional VC, providing either a managed fund or direct investment from angel group members as well as individual angel investors who offer early-stage capital, advice and networks to startups in exchange for equity or convertible debt.

Crowdfunding

Internet platforms for financing ventures or projects through contributions from the ‘crowd’,  whose collective contributions help fund the project.

Accelerators/Incubators

Accelerators and startup incubators typically offer some combination of equity investment, mentorship and resources around company development. Those on the Internet of Things periodic table have either funded a number of IoT portfolio companies or have a specific focus on hardware.

IoT Acquirers

Key public corporations that have acquired private IoT companies in the last two years.

Notable acquisitions

Key IoT companies that have been acquired.

Overall, the Periodic Table pulls together some interesting information about the exciting world of IoT at the moment.  Stay tuned…it’s a work in progress!

SOURCE: CB Insights

ABOUT BRAINGRID

BrainGrid Corporation is a designer, manufacturer, and marketer of advanced digital communication devices and software systems that simplify the management of “things” as they relate to the “Internet of Things (IoT).”

 

Businesses Expect BIG Impact of IoT in Future: SURVEY

The Internet of Things (IoT) is a key technology that will provide the data that will revolutionize the cognitive business era, or in other words the era of businesses that “think”.

These thinking systems will take all the IoT data and inject it into systems and processes that make up business. The result?  Efficient and improved products and services and a better anticipation of future risks and problems.

In fact, according to a survey by Gartner, Inc. (the world’s leading information technology research and advisory company), more than 40 percent of organizations expect the Internet of Things (IoT) to transform their business or offer significant new revenue or cost-savings opportunities over the next few years, rising to 60 percent in the long term (more than five years).

So with something so impactful in our near forseeable future, let’s check out some of the interesting highlights of the survey which was carried out  among Gartner Research Circle Members  and composed of 463 IT and business leaders who had knowledge of their organization’s IoT strategy.

First off, even though it is acknowledged IoT is going to be big, the survey confirmed  many organizations have only just started experimenting with it in a serious way and only a small minority have deployed solutions in a production environment. This even though, the falling costs of networking and processing mean that there are few economic inhibitors to adding sensing and communications to products.

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Researchers at Gartner say that organizations need executives and staff to understand the potential of IoT if they’re going to invest in it and many respondents felt that the leadership at the senior levels of their organizations don’t yet have a good understanding of its potential impact. (It’s important to note that varies widely by industry…for example, board of directors’ understanding of the IoT was rated as particularly weak in government, education, banking and insurance, whereas the communications and services industries scored above-average ratings for senior executive understanding of the IoT).

Survey respondents did make it clear as well that things that may inhibit adaptation to IoT are mostly change in general and an added fear of security and privacy. Obtaining staff and skills was another major inhibitor for many of the respondents, particularly those who expect the IoT to be transformational because they are likely to need new skills quickly to keep up.

BOTTOM LINE: The Internet of Things is here and continuing to expand into all aspects of life.   As the IoT market grows, we will see more investment, and as hardware matures, we will get improved security.  With these improvements business leaders will continue to get into the market and by doing so embrace not only change, but growth and success as their newfound connectivity makes life simpler.

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LOOKING BACK

Looking back in history somethimes gives us perspective of what to anticipate in the future. Did you know it was  August 12, 1981 that IBM introduced its first personal computer to the market? ( IBM model number 5150). Great apprehension about change and a new learning curve had many resistors to the new technology at first.  But as time went on and systems became more affordable, understandable and ultimately invaluable in day to day life, the computer became a required necessity in almost everyone’s existence in the modern world.

Looking to the future and glancing at the past,  IoT seems destined to follow in the same path and that’s something we’re excited about.

ABOUT BRAINGRID

BrainGrid Corporation is a designer, manufacturer, and marketer of advanced digital communication devices and software systems that simplify the management of “things” as they relate to the “Internet of Things (IoT).”

 

Looking to the Future – Some IoT Predictions for 2016

 

It’s exciting to see the Internet of Things really gain momentum as new connected solutions evolve in the marketplace.  To hit that point home further, market research Team IDC recently predicted that IoT spending will reach a whopping 1.7 trillion by 2020.

With such big numbers, the impact of the Internet of Things cannot be ignored in its implications on our lives now and even more so in the future.  With that in mind, we thought it would be interesting to check out some of the top predictions for IoT trends for 2016.  Here are five…

 

  1. A NEW WIFI STANDARD

It is coming.  The Wi-Fi Alliance has created a new standard, Wi-Fi HaLow that operates in the 900 MHz band that has lots of benefits which include less power usage, improved penetration through structures like walls and floors and an extended transmission range.

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It was developed specifically for IoT devices and with its incredible features  will be ideal for solution providers as they support local area networks (LAN) and smart cities where Bluetooth is used.

 

  1. CONNECTED SMART HOMES

Vendors will increase their investment in connected smart homes.

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Recently, PlumChoice, a solution provider and service specialist, revealed their ConnectedHome Expert which is an end-to-end service that helps IoT manufacturers solution providers and resellers get products easily integrated into consumer’s homes by assisting them with all aspects of selection, installation and integration and thus greatly increasing their ease of use.

 

  1. COMPANIES WILL CONSOLIDATE

Manufacturers acquiring IoT companies for better connected technologies has happened in the past and is expected to continue.

Case and point, this year already, Sony has announced the purchase of chip company Altair Semiconductors and last year Cisco acquired IoT analytics company Parstream.

 

  1. APIs and IoT

Application Programming Interfaces (APIs) are expected to be key in providing revenue to solution providers’ from the Internet of Things (according to IBM).

APIs and a strategy based on hybrid cloud (the primary delivery model for IoT), are becoming important as they act as a bridge that connects information and lots of data to the Internet of Things. So in essence, many devices get connected to a network that offers unlimited possibilities to solution providers.

 

  1. SECURITY ISSUES

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Security is always top of mind when it comes to technology these days and the Internet of Things is no exception.  Freewave predicts a major security breach of an industrial supervisory control and data acquisition system (SCADA) within the year that will quickly get industries on board with focusing on securing the Internet of Things and finding more secure communications systems in general.

 

In closing, although we never know what the future holds, it can’t be denied that the Internet of Things will be a big part of it.

 

ABOUT BRAINGRID

BrainGrid Corporation is a designer, manufacturer, and marketer of advanced digital communication devices and software systems that simplify the management of “things” as they relate to the “Internet of Things (IoT).”

 

 

 

 

 

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The Internet of Things and the New Engines of Global Economy

It’s always exciting when we hear more examples of how the Internet of Things is changing the world we live in and how we interact with each other.  Take Davos for example…

Davos is host to the World Economic Forum (WEF), an annual meeting of global political and business movers and shakers. Last month’s WEF theme focused on something called the Fourth Industrial Revolution (4IR). Something not to be taken lightly when the world’s business elite are taking notes and its relation to the Internet of Things…

What is 4IR?

The first industrial revolution took place in the 18th century, as we moved from relying on the power of animals to mechanized power, the second in the late 19th and early 20th centuries when a host of breakthroughs set in motion systems of mass production and communication and the third over the last half century as computers opened up the digital world.

The Fourth Industrial Revolution (4IR) represents a fundamental shift in how we produce, consume and relate to one another, driven by the convergence of the physical and digital worlds and human beings. 

The Internet of Things and 4IR

The Internet of Things and the concept of disruption, innovation and digital transformation has in essence, become one of the new engines of the global economy and 4IR.  It has digitized networks in ways that have transformed interactions between individuals, business and the public sector alike.

Although it is true that we’re used to hearing how the private sector embraces new cutting edge ideas, it is interesting to see how these thoughts are now meshing into development and governance considerations too…

Take the recent COP21 (21st Session of the Conference of the Parties) in Paris and the Climate Agreement for example. Both the outcome and the approach were significant because they demonstrated such a global approach at problem solving that has not been seen before.

Nearly 200 countries showed commitment to charting a common path to addressing climate change; signaling an end to business-as-usual and making sure future investments are in line with a carbon neutral world.

Why is this significant?  It’s how they did it. They broke with convention and ‘disrupted’ the traditional practice of multilateral negotiations.  Instead, they had national governments individually submit domestic climate actions, and to make their commitments more ambitious every five years.

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It shows a collective approach that is not only made to have transparency, but also one that gives government’s real incentive to improve through competition. It also shows a common sense of shared ownership and purpose the world could use more of when it comes to international deliberations…don’t you think?

And this is just one example that we examined from Paris…but there are more and what we seem to be seeing is that dated global governance models and the public sector ideologies are changing as they embrace digital innovation. 

Exciting stuff… and as the Internet of Things becomes more and more intertwined with  policy and climate change in the future, what we’re really seeing is a shift that lays the foundation for inclusive and sustainable development models in the future.

About BrainGrid

BrainGrid Corporation is a designer, manufacturer and marketer of advanced digital communication devices and software systems that simplify the management of “things” as they relate to the “Internet of Things” (IoT).

BrainGrid’s revolutionary “Sentroller” is an advanced technology platform which delivers the most reliable, cost effective and fully featured means to connect and relay wireless data.

 

 

 

 

 

The Cisco Innovation Centre Toronto – BrainGrid gets Involved with New Hub for Open Technology Innovation

 

BrainGrid Corporation had the opportunity to work with Cisco after being chosen to participate in their new Internet of Things Innovation Centre in Toronto.

The Cisco Innovation Centre Toronto, one of nine Cisco Innovation Centres worldwide, is designed to catalyze and showcase digital innovation and development.  In a nutshell it is Canada’s brand new “hub” for open technology innovation.

“The mantra of the Toronto Innovation Centre is Inspire, Innovate and Invest,” said Bernadette Wightman, president, Cisco Canada (pictured below). “Inspire the next great minds of tomorrow. Foster innovation and big ideas today. And invest in the potential game-changing companies of tomorrow.”

 

 Cisco Innovation Centre5

 

Located at 88 Queens Quay West just south of Union Station and the Gardner Expressway , the 15,000 square foot high-rise buidling is the first large scale commercial high-rise with Power-over-Ethernet (PoE) LED lighting and HVAC (heating, ventilation and air-conditioning) in the Americas.  It also has some pretty cool smart features like like real-time monitoring of indoor/outdoor daylight levels and temperature.

 

Cisco Innovation Centre

 

Inside its doors are things that are really the future of everything… things that will help communities be safer, smarter and more efficient. From digital fire hydrants to E-bikes there was no limit on the variety of technology that was featured on launch day.

Cisco’s thought leadership in IoT combined with this world-class facility made it the perfect place to show off some of our own technology.  Pictured below is the Sentroller on display at the Innovation Centre.  The BrainGrid “Sentroller” is an advanced technology platform which delivers the most reliable, cost effective and fully featured means to connect and relay wireless data. A Sentroller easily allows anyone to remotely monitor and manage systems and in-field equipment previously deemed as “unmonitorable”.

 

BrainGrid Corporation is pleased to have partnered up with Cisco and the Innovation Centre and look forward to continue working with leaders in the Internet of Things market.

MORE ABOUT THE CISCO INNOVATION CENTRE:

The Cisco Innovation Centre Toronto is designed to transform the status quo by bringing together customers, partners, startups, accelerators, governments, universities, researchers, and open communities to:

  • Educate, mentor and develop Canadian talent in the areas of STEM
  • Provide physical and virtual laboratories for proof of concept development, experimentation and testing on Cisco’s open digital platform
  • Provide customer innovation rooms to co-create and prototype new solutions
  • Foster local and global innovation by investing in startups, university and research partnerships
  • Provide access to a global network to share success stories, best practices and market expertise
  • Demonstrate cutting edge technology solutions and share thought leadership

The Cisco Innovation Centre Toronto will specialize in building solutions and advancing projects in the areas of Smart Cities, Smart Buildings, Healthcare, Financial Services and Manufacturing.

Here is a brief video that outlines the creation of the Innovation Centre.

 

 

About Cisco
Cisco (NASDAQ: CSCO) is the worldwide leader in IT that helps companies seize the opportunities of tomorrow by proving that amazing things can happen when you connect the previously unconnected. Cisco products and services are supplied in Canada by Cisco Systems Canada Co., a wholly owned subsidiary of Cisco Systems, Inc.

Internet of Things Inc. & BrainGrid Corporation to Launch IoT Joint Venture

TORONTO, ON–(Marketwired – December 15, 2015) – Internet of Things Inc. (TSX VENTURE: ITT) (“ITT” or the “Company”) an IoT technology accelerator and industry acquisition company and BrainGrid Corporation (“BrainGrid”) a designer, manufacturer, and marketer of advanced digital communication devices and software systems that enable the Internet of Things, have entered into a joint venture agreement. The joint venture company,BrainGrid Solutions Ltd. (“BrainGrid Solutions” or the “JV Company”) will market, sell and distribute BrainGrid’s flagship product, the ‘Sentroller’ and related BrainGrid IoT technology applications.

BrainGrid Solutions effectively enables clients a way to manage system devices by reducing costs, saving time, increasing reliability, scalability and overall system performance through advanced wireless monitoring and control. Initial markets include China, Taiwan and Hong Kong, while the JV Company continues to evaluate, negotiate and develop other international markets across a wide array of applications and verticals.

BrainGrid Solutions is owned equally by both parties and shall have a license to use BrainGrid’s current and future developed intellectual property, including without limitation, API’s, source code, data (derived from customers of BrainGrid Solutions), data analytics, patents and trademarks. The JV Company is also the exclusive partner/distributor for any current and future products, applications and services utilizing BrainGrid’s intellectual property in markets such as China, Taiwan, Hong Kong as well as any other markets that the parties may agree upon.

Internet of Things Inc. is acquiring a minority equity position in BrainGrid for $500,000 as an initial investment with an option to increase its interest over the next 6 months. ITT has agreed to issue 15.5 million warrants to BrainGrid as it directs, with each warrant exercisable into a common share at an exercise price of $0.05 per share of Internet of Things Inc. for a period of 60 months. Any common shares issued pursuant to the exercise of the warrants shall be subject to resale restrictions during the first 24 months, with 5% of the shares being available for resale on a monthly basis following expiration of the four month hold period.

In addition, ITT will be issuing 900,000 warrants to an arm’s length party as a finder’s fee, each warrant exercisable into a common share at an exercise price of $0.05 per share for a period of 60 months. Any shares issued pursuant to the exercise of these warrants will be subject to the same resale restrictions as govern the warrants issued to Braingrid.

The completion of the transaction with BrainGrid remains subject to the approval of the TSX Venture Exchange.

“As a pioneering Canadian technology company, BrainGrid has created a valuable platform and network of smart grid connected solutions,” commented Michael Frank, President & CEO of ITT. “BrainGrid’s premiere product, the Sentroller, is the first of its generation and has been field tested and validated to be a long range, low power, cost effective device that enables traditionally inaccessible data to be connected from remote Things, wirelessly.”

Before founding BrainGrid, its CEO, Michael Kadonoff, trained as an electrical engineer (B.Eng. from McMaster University) and worked at General Electric Grid IQ (formerly GE Multilin) as a professional band hardware designer on the premier design team for automation and control products. Surrounded and forged by the GE principles of excellence like Six Sigma and design for manufacturability (DfM), Mr. Kadonoff and his team of industry experts deliver robust, unprecedented and technologically advanced products. “We are excited to partner with Internet of Things Inc. to help take us to the next level and aggressively ramp up production, marketing and sales efforts,” commented Mr. Kadonoff.

Product Showcase

The BrainGrid Sentroller and its encompassing software and database solutions, easily enables anyone to remotely monitor and manage systems and in-field equipment previously deemed as unmonitorable. The ‘Sentroller’ is designed from the ground up to use any of the industry’s sensors, communication protocols and connection schemes to integrate into your Things, seamlessly. A ‘Sentroller’ installs in minutes, with untrained personnel on live equipment and automatically connects to the BrainGrid network, which means a ‘Sentroller’ never becomes obsolete and the systems it’s connected to are infinitely upgradeable. The collected or sensed real-time data is transmitted over BrainGrid’s long range radio frequency (RF) network and is securely processed via fail-safe, redundant, independent servers and software systems which are delivered to customers using a novel, easy to use interface dashboard. The proprietary, patented technology can be applied to any vertical necessitating long range, low power, cost effective ways to transmit data machine to machine. It is versatile, robust and can be applied to a number of system applications with maximum reliability and minimal effort. BrainGrid has already started to fill numerous orders for the product within the residential solar industry in Canada.

Cisco has invited BrainGrid to showcase the ‘Sentroller’ its first fully commercialized IoT enabling device, at the new Cisco Internet of Everything Innovation Centre Toronto which is scheduled to open in January 2016. This centre is the first of its kind in North America, has been built to inspire and showcase IoE innovation and development.

Cisco estimates global IoE opportunities to be worth $19-trillion by 2022, including US$400 billion to the Canadian private sector over the next decade. For the public sector, these opportunities could produce US$95 billion in cost savings, new revenues, and employee productivity enhancements over the same period. This state-of-the-art development centre will bring together customers, partners, start-ups, accelerators, governments, universities and researchers to foster local and global innovation, with the Toronto Innovation Centre aiming to lead the transformation.

About BrainGrid Corporation

BrainGrid Corporation (www.braingrid.org) is a designer, manufacturer, and marketer of advanced digital communication devices and software systems that simplify the management of Things as they relate to the “Internet of Things (IoT).” They are committed to enabling clients to effectively monitor and manage system devices while reducing costs, saving time and increasing reliability, scalability and overall system performance.

As a pioneering Canadian technology company, BrainGrid offers Renewable Energy Power Producers, Operations and Maintenance (O&M) companies and the Energy Retrofit/Auditing industry Energy Management Solutions (EMS), with 10x the features/benefits compared to the market incumbents. BrainGrid has created a valuable technology platform and a wide ecosystem of smart grid connected solutions that continues to expand quickly. By positioning the company at the forefront of IoT solutions, BrainGrid is poised to accelerate its core vision of energy reform. BrainGrid is “Energy Reform, Simplified.”

About Internet of Things Inc. (TSX VENTURE: ITT)

Internet of Things Inc. (www.iotintl.com) is an IoT technology accelerator and industry acquisition company. ITT is focused on accelerating IoT-based technology companies, and the development and implementation of disruptive IoT-based solutions. Internet of Things Inc. will partner with companies across a wide range of industries to leverage the power of IoT. The Company maintains offices in Toronto, Canada and Kolkata, India.

BrainGrid Celebrates The New Home of Innovation in Canada with Cisco!

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BrainGrid will join Cisco on Tuesday, January 12, 2016 at Cisco Canada to celebrate the opening of the new Cisco Innovation Centre Toronto.  

On the agenda will be the exploration of the 29th floor Innovation Hub which includes the Cisco Innovation Centre and Customer Experience Centre.

RSVP: Please reply to innovationcentrersvp@cisco.com

DETAILS: Cisco Innovation Centre Toronto Open House

When: Tuesday, January 12, 2016 from 12:30 to 5:00 pm

Where: Cisco Canada, 88 Queens Quay West, Toronto, 29th Floor.