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mCloud Technologies Corp (2)
Symbol MCLD
Shares Issued 20,571,801
Close 2020-06-15 C$ 3.91
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mCloud appoints O'Neill as president, GM, U.S.

2020-06-15 07:42 ET - News Release

Mr. Russ McMeekin reports

DR. PATRICK O'NEILL JOINS MCLOUD TECHNOLOGIES AS PRESIDENT, USA

Dr. Patrick O'Neill has joined mCloud Technologies Corp. as president, USA, and the company's general manager for its business in the United States.

Dr. O'Neill is an accomplished high-tech executive, having spent nine years at Honeywell International as vice-president, engineering and technology, where he expanded on-line revenue growth tenfold during his tenure and was the executive for several key partnerships including Oracle, Microsoft and Dell. While at Honeywell, Dr. O'Neill was the defining technology visionary for Honeywell's business in smart building technology.

Following his time at Honeywell, Dr. O'Neill founded two technology start-ups, JouleSmart and NorthWrite Inc., and has been a prolific researcher, with over 50 research publications to his name. Over the course of his career, he has been a guest speaker for numerous industry bodies including ASHRAE, ACEEE, AEE and DistribuTECH.

As a technology leader, Dr. O'Neill brings substantial experience in driving P&L results for SaaS-based (software as a service) businesses specializing in engineering, automation, enterprise software, cloud computing, green buildings and sustainability.

"We are thrilled to have Patrick join mCloud during this very exciting period of growth," said Russ McMeekin, mCloud president and chief executive officer. "Under his leadership, our pipeline of actionable customer deals, extensive sales, operations and technology teams in the USA will drive major regional growth.

"His experience driving revenue growth as a senior leader at several high-tech businesses, coupled with his exceptional knowledge of our business from his days at Honeywell will serve mCloud well as we stay on course toward our targeted growth in 2020," Mr. McMeekin added.

Dr. O'Neill holds a PhD in mechanical engineering from the University of Illinois at Urbana-Champaign, where among other accomplishments, he was an Office of Naval Research fellow and an NL Industries fellow.

About mCloud Technologies Corp.

mCloud is creating a more efficient future with the use of artificial intelligence and analytics, curbing energy waste, maximizing energy production, and getting the most out of critical energy infrastructure. Through mCloud's AI-powered AssetCare platform, mCloud offers complete asset management solutions in five distinct segments: commercial buildings, renewable energy, health care, heavy industry and connected workers. IoT (Internet of things) sensors bring data from connected assets into the cloud, where AI and analytics are applied to maximize their performance.

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