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Cloudastructure Expands Remote Monitoring with First Global Guard Center in Kolkata, India
Globenewswire· 2025-11-21 14:00
Core Insights - Cloudastructure has launched its first global guard center in Kolkata, India, enhancing its remote monitoring capabilities and enabling faster response times and stronger oversight [1][2][7] Group 1: Strategic Benefits - The establishment of the guard center allows Cloudastructure to scale remote monitoring operations more efficiently and reduce reliance on third-party providers, thereby lowering costs [3] - The in-house operations provide superior verification and fewer false alarms compared to traditional models that depend on external providers [4] Group 2: Cost Efficiency & Margin Improvement - By bringing remote guard operations in-house, the company reduces outsourcing expenses and improves margin predictability, reinforcing long-term profitability [5] Group 3: Enhanced Investor Confidence - Control over critical security operations, combined with a powerful analytics platform, positions Cloudastructure as a vertically integrated leader in remote monitoring and proactive security, enhancing operational resilience [6] Group 4: Competitive Advantage - The alignment of guard teams to local daytime hours in India ensures peak human cognitive performance, leading to more proactive and reliable threat responses [7]
CardioComm Receives TSX Venture Exchange Approval for Announced Loan Facility
Newsfile· 2025-11-11 04:36
Core Insights - CardioComm Solutions, Inc. has received approval from the TSX Venture Exchange for a loan agreement totaling $512,000 to advance its GEMS Flex and 14-day Holter/LTCM ECG platform [1][2] Funding and Product Development - The loan will provide working capital to complete and commercialize the GEMS FLEX and 14-day Holter and Event long-term continuous monitoring ECG software platform, which is expected to be the company's principal offering and major revenue source [2][4] - The financing will enable the company to finalize the flagship product for market release, conduct user feedback reviews, launch the product in targeted healthcare markets, and provide post-launch support [4] Related Party Transactions - The loan agreement involves related party transactions as the lenders are insiders of the company, specifically Xemxija Holdings Inc. and ITF Ventures Inc., both controlled by Daniel Grima [3][5] - The transactions are exempt from formal valuation and minority shareholder approval requirements under Multilateral Instrument 61-101 due to the terms being reasonable and not less advantageous than those from arm's length transactions [3][5] Company Overview - CardioComm Solutions specializes in consumer heart monitoring and ECG software solutions, with patented technology for recording, analyzing, and storing electrocardiograms [7] - The company holds ISO 13485 and ISO 27001 certifications, is HIPAA compliant, and has medical device clearances from the FDA and Health Canada [7]