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Universal mCloud named one of TSX Venture's top performers in 2019

The Vancouver-based company is a specialist in artificial intelligence and the Internet of Things
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The list is comprised of 10 companies from each of five sectors, selected based on market cap growth, share price appreciation and trading volume

Universal mCloud Corp (TSX-V:MCLD) (OTCQB:MCLDF) has been named one of TSX Venture Exchange’s top-performing companies in 2019.

The specialist in artificial intelligence and the Internet of Things is among the Venture Exchange’s top picks for the tech sector.

Shares of the Vancouver-based company jumped 8.2% to C$0.33 in Toronto trading with the news.

READ: Universal mCloud teams up with Chinese partner to deliver smart-building technology

The list of 50 companies is comprised of 10 from each of five sectors, selected based on market cap growth, share price appreciation and trading volume.

"Less than a year and a half ago, mCloud began trading on the TSX Venture Exchange," said Universal mCloud CEO Russ McMeekin in a statement. "In this short period of time, we have executed our strategy and meaningfully developed our business, growing our number of connected assets from six thousand to 28 thousand.”

Contact Paul Curcio at [email protected]

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