Ontario Government Investing in TraceSCAN Wearable Contact-Tracing Technology to Help Protect Workers from COVID-19 – Digitalmunition




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Published on February 18th, 2021 📆 | 5499 Views ⚑

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Ontario Government Investing in TraceSCAN Wearable Contact-Tracing Technology to Help Protect Workers from COVID-19

Facedrive Inc. (“Facedrive“) (TSXV:FD) (OTCQX:FDVRF), a Canadian “people-and-planet first” technology ecosystem, is pleased to announce that the Ontario Ministry of Economic
Development, Job Creation and Trade (the “Ministry”) has endorsed and agreed to provide CAD $2,500,000 in non-dilutive funding to TraceSCAN, the COVID-19 wearable contact-tracing solution
developed by Facedrive Health. While the Company intends to provide an update with further details, the Ministry Announcement from February 18, 2021, wherein it endorsed Facedrive’s TraceSCAN, can
be found below:

“SCARBOROUGH — The Ontario government is providing Facedrive Inc. with $2.5 million through the Ontario Together Fund to accelerate the deployment of its wearable contact tracing technology, TraceSCAN, which
alerts users within a workplace who have been in close contact with individuals who have tested positive for COVID-19. The company anticipates manufacturing about 150,000 devices under this project
and creating 68 new jobs, including software, firmware and hardware engineers and machine learning specialists.

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