09:39:20 EDT Thu 25 Apr 2024
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Carl Data Solutions Inc
Symbol CRL
Shares Issued 40,341,386
Close 2017-12-04 C$ 0.465
Market Cap C$ 18,758,744
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Carl Data signs LOI for garbage pilot project

2017-12-05 10:03 ET - News Release

Mr. Greg Johnston reports

CARL DATA SOLUTIONS SIGNS LETTER OF INTENT FOR SOLID WASTE MANAGEMENT PILOT

Carl Data Solutions Inc. has continued its expansion into the solid waste management sector of the industrial Internet of things (IIoT) and has signed a letter of intent for an upcoming pilot project. Globally, the market for waste management is expected to grow to around $562-billion (U.S.) by 2020. In co-operation with Peak Disposal Services Inc., Carl Data is developing an industrial-grade solid waste management monitoring system.

Peak Disposal manages hundreds of containers for the booming local construction and movie industries. Currently, there are no monitoring systems durable enough to survive the rough treatment common on these work sites. Peak Disposal has as many as 140 containers that would benefit from this system and expects to implement Carl Data's system once it is successfully tested. Alan Ligumsky, co-owner at Peak Disposal, commented: "I am excited to see how this project works out. It will be interesting to see how we can use this technology to automate our system and gather data on what we are doing to increase operational efficiency."

The industrial-grade monitoring system will consist of state-of-the-art fill level laser sensors embedded with wireless communications devices. Data are then transmitted into Carl Data's cloud-storage allowing Peak Disposal to view current and historical waste levels.

Customized fill level reporting, alarms and other parameters can be set for each bin independently on a dedicated, user-friendly, browser-based Web interface. By analyzing data trends, location-based fill level forecasting and similar advance predictions will be possible to save the company money and time.

Kevin Marsh, Carl Data's vice-president of business development, commented: "In North America and around the world, solid waste management has become a huge concern. The development and launch of this new service allows us to enter a new vertical in need of environmental IIoT monitoring solutions. We are sure Peak Disposal will see a huge increase in overall efficiency when our system is deployed and look forward to rolling out this monitoring system to other companies with similar needs."

About Carl Data Solutions Inc.

Carl Data Solutions is an industrial IoT (IIoT) company focused on providing next-generation information collection, storage and analytics solutions for data-centric companies. Building on its recent acquisitions, Carl helps its clients analyze and understand all forms of environmental data through a powerful platform of data collection, monitoring, reporting and predictive analysis tools.

Carl Data continues to develop applications to work with new cloud-based mass storage services and analytics tools (big-data-as-a-service (BDaaS)) to provide scalability for municipalities, utilities and other industrial verticals. These data collection and storage methods allow the company to build smart software-as-a-service-(SaaS)-based applications that can collect data from many diverse sources and provide deep insight for decision-making purposes.

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