viewmCloud Technologies Corp

Universal mCloud engages Market Jar to provide digital ad services

Market Jar will create sponsored and organic content for mCloud, which supplies artificial intelligence and analytics services for internet of things-connected asset care technology

Internet of things illustration
Internet of Things-focused mCloud last week announced a deal with Fulcrum

Universal mCloud Corp (OTCMKTS:MCLDF) (CVE:MCLD) said it has engaged Market Jar Media Inc to provide digital ad services.

The supplier of artificial intelligence and analytics services for Internet of Things-connected asset care technology said in a statement late Friday, that Market Jar, based in Vancouver, will support it with press release syndication and create and host sponsored and organic content.

READ: Universal mCloud and Fulcrum Automation Technologies ink global licensing deal worth US$15M 

Last week, mCloud said it had signed a three-year renewable license and distribution agreement with Fulcrum Automation Technologies Ltd to deploy mCloud's AssetCare offering in the oil, gas and refining industries. The deal is worth US$15 million in AssetCare subscriptions.

Vancouver-based mCloud has technology and operations centers in San Francisco and Bristol, Pennsylvania.

Shares of mCloud slipped US$0.01 to US$0.31 in Friday’s OTC Markets trading. They traded at C$0.41 in Canada.

Contact Dennis Fitzgerald at dennis@proactiveinvestors.com

Quick facts: mCloud Technologies Corp

Price: 2.29 CAD

Market: TSX-V
Market Cap: $62.95 m

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