Page 12 - Facedrive Inc News Today : Breaking News, Live Updates & Top Stories | Vimarsana

To print this article, all you need is to be registered or login on Mondaq.com. As Governments and businesses turn their minds toward the recovery and re-opening of the economy, our team is closely monitoring updates from governments across Canada. The following summarizes the recovery and re-opening measures which have been announced to date in each jurisdiction. We will continue to update this summary as further measures are introduced across the country. This roundup was last updated on February 19, 2021. To see what has changed since our last update, please downloa...

  TORONTO -- Ontario Premier Doug Ford defended his government’s decision to invest $2.5 million in wearable contact tracing technology that will beep or buzz to notify users if they are too close to another person, saying that the deal should yield a “good return on investment.” Last week, the Progressive Conservative government issued a news release saying that it will be providing money from the Ontario Together Fund to a technology company in order to create wearable tracing technology for people who work or spend time in facilities where the COVID Alert app can’t be accessed....

Facedrive Inc. (“ TraceSCAN, the COVID-19 wearable contact-tracing solution developed by Facedrive Health, has been endorsed with an investment by the Ontario Ministry of Economic Development, Job Creation and Trade (the “ Ministry”) to further its contact tracing effort amidst the province’s ongoing fight with the COVID-19 pandemic. On February 11, 2021, the parties entered into agreement whereby Facedrive will receive CAD $2,500,000 in non-dilutive funding via the Ministry’s “Ontario Together Fund” (“ OTF”) to accelerate deployment of TraceSCAN technology across multiple ...

Published: February 19th, 2021 The Ontario government is investing $2.5 million in an Ontario-made wearable contact tracing device that will alert users if they’ve been near someone with COVID-19. The funds will be provided to Facedrive Inc. through the Ontario Together Fund to accelerate the deployment of its wearable contact tracing app, TraceSCAN, according to a Feb. 18 news release. The company anticipates manufacturing about 150,000 devices under the project and creating 68 new jobs, including software, firmware and hardware engineers and machine learning specialists. The government l...

  TORONTO -- The Ontario government is investing $2.5 million in wearable contact tracing technology that will alert users if they may have been exposed to the COVID-19 in the workplace and will beep or vibrate if they are within six feet of another person. In a news release issued on Thursday, the government said it is providing Facedrive Inc., a technology company founded in 2016, with the funding through the Ontario Together Fund. The money will be put towards the deployment of TraceSCAN—a wearable tracing technology for people who work or spend time in facilities where smartphone u...