Internet of Things Inc (CVE:ITT) (OTCMKTS:INOTF) said Tuesday that it has been granted interim marketing and sales permission for its newly developed fever-detection system ThermalPass to help battle the spread of coronavirus (COVID-19).
The technology provides fast, touch-free scanning of multiple people at entranceways of public buildings and spaces. This include bus and train stations, schools, malls, office buildings, and sports venues.
The ThermalPass system is unique compared to other fever detecting devices, as it uses medical-grade sensors, and not cameras.
READ: Internet of Things seeing interest in its fever detection system as business prepares for life after lockdown
"Regulatory approval from Health Canada to commercialize ThermalPass is a significant achievement as the company prepares for imminent point-of-care (POC) testing," Michael Lende, the CEO of Internet of Things, told investors in a statement.
"We would like to thank Health Canada for their rapid review of our submission, allowing us to proceed with the rollout of ThermalPass," he added.
Health Canada has granted the permission under the so-called fast-tracked Medical Device Establishment License (MDEL) process, which was established to combat the virus.
ThermalPass was developed jointly by the group's subsidiary AI Labs Inc and Commersive Solutions Corp,
The system quickly detects body temperatures as individuals pass through at a regular pace of movement. It quietly alerts security personnel of any person with a higher-than-normal temperature, enabling staff to conduct a secondary check and maintain traffic flow.
Shares in Toronto were unchanged at C$0.060.
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