Autopro Automation Consultants to be Acquired by Universal mCloud

Grande Prairie, AB – Autopro Automation Consultants Ltd. (Autopro) announced today they have entered into a letter of intent agreement to be acquired by Universal mCloud Corp. (mCloud).

mCloud's AssetCare™ platform for AI, 3D, and cloud computing taps into the power of analytics and machine learning to help businesses use data to ensure assets continuously operate at peak performance. The unique combination of Autopro proven industrial automation expertise and established customer base with AssetCare™ will enable mCloud to integrate AI technologies across the oil and gas industry on a global scale.

“mCloud has successfully deployed our IIoT and AI technology in several industry sectors including smart buildings, wind energy, utilities, and oil and gas,” said Russ McMeekin, President and CEO of mCloud.  “As a leading and trusted service provider within the process control industry, Autopro is ideally positioned to let us help oil and gas providers all over the world use AI and analytics to tap into large volumes of data in the cloud at a fraction of current IT costs.”

“mCloud’s advanced AI and analytics offering provides exceptional strategic alignment with Autopro’s expertise in industrial process control,” added Mike Lane, Autopro CEO.  He continued, “The combination of Autopro’s in-depth knowledge of process industry facilities with mCloud’s cutting edge IIoT technology will enable us to deliver even greater value to our customers while helping them manage and optimize the performance of their facilities.”

The acquisition is expected to close in July 2019.

About Universal mCloud Corp.

Universal mCloud is creating a more efficient future with the use of AI and analytics, curbing energy waste, maximizing energy production, and getting the most out of critical energy infrastructure. Headquartered in Vancouver, Canada, with technology and operations centers in San Francisco, CA and Bristol, PA, mCloud takes advantage of IoT sensors to bring data from connected assets into the cloud, applying AI and analytics to maximize their health and performance. Today, mCloud offers complete asset management solutions to four distinct segments: smart buildings, wind energy, power utilities, and oil and gas. With over 100 blue chip customers and more than 28,000 assets connected in thousands of locations worldwide, mCloud is changing the way energy assets are managed. For more information, visit www.mcloudcorp.com.

About Autopro Automation Consultants

Autopro Automation Consultants Ltd. is a professional engineering and integration firm that specializes in the design and implementation of high-value industrial automation solutions. As one of the largest vendor-independent integration companies in North America, they provide a single source of expertise in all technologies that encompass industrial automation. Autopro was established in 1990 and has eight locations across Western Canada.

For more information, visit Autopro’s website at www.autopro.ca or contact
Nancy Murray
Marketing Manager
Autopro Automation Consultants Ltd.
Phone: (403) 569-6493
Email: nancy.murray@autopro.ca