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Eddy Solutions and AV Mechanical Inc. Partner in Leak Protection Services

February 7, 2022 – Intelligent water monitoring provider Eddy Smart Home Solutions Ltd (TSXV: EDY) is pleased to announce a partnership with AV Mechanical Inc, a leading plumbing and hydronics company focused in commercial, industrial, and custom home design projects in southern Ontario. Established more than a decade ago, AV Mechanical Inc has launched major industrial projects, including work with major corporations such as Toyota, Cineplex and McDonalds.
“AV Mechanical’s focus on progression and innovation is inspiring, and we are delighted to welcome them as partners,” said Travis Allan, CEO and President. “As water damage and wastage continue to plague properties, a proactive focus on control from plumbing and hydronic experts like AV Mechanical is imperative.”
“With the ongoing need not just to monitor water environments, but to control them, technology innovations are immensely valuable,” commented Angelo Veradi, President. “Our vision to bring new and progressive technologies to our clients that improve their experiences has now extended to IoT water control and mitigation, and we are thrilled to work with the Eddy team.”
Eddy’s intelligent leak protection system fully protects the property owners and assets with
comprehensive water monitoring and leak detection, ultimately reducing the risk of water damage. With smart sensors that connect to remote and automatic shutoffs backed with 24/7 monitoring for enhanced safety, the system provides tools and data to both mitigate acute water damage risks and prevent future events from occurring.

AV Mechanical is joining Eddy’s ecosystem as both a distributor and installation partner, bringing Eddy’s award-winning system to new and existing clients.

About Eddy
Eddy Solutions is a North American provider and developer of residential and commercial smart water metering products and monitoring services, helping property owners protect, control, and conserve water usage by combining water sensing devices with behavioural learning software. Please visit: eddysolutions.com.

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Paul Pathak​

Director

Paul Pathak is a partner of Chitiz Pathak LLP. Paul practices principally in the areas of corporate, securities, corporate finance, mergers and acquisitions and commercial law. He represents and provides sophisticated guidance to private and public corporate clients in a broad range of industries, including mining, technology, manufacturing, venture capital and merchant banking.

George Krieser​

Director

George Krieser founded Total Credit Recovery Limited (“TCR”) in 1980 and is the President and Chief Executive Officer. TCR is the largest 100% Canadian-owned and operated collection agency, solely collecting Canadian debt. George previously served as a Director of Universal Energy. He also served as a member of the board of directors of Baycrest Foundation and as a member of the fundraising committee for UJA Federation of Greater Toronto.
Gary Goodman​
Director
Gary Goodman is a Trustee and Chair of the Audit & Risk committee of Boardwalk Real Estate Investment Trust., a former Chairman of Huntingdon Capital Corp., trustee of Gazit America & Brightpath Early Learning, and is a member of the advisory boards of the Vision Funds. Gary was previously Executive Vice President of Reichmann International where he served as a senior financial executive and trusted advisor for over 30 years.

Chris Gower

Director

Chris Gower started his career in construction on the tools – framing houses, where he grew a deep appreciation for the trades. Prior to his current role as Chief Operating Officer, Buildings at PCL Construction (“PCL”), Chris held positions including construction risk manager, senior project manager, district manager and regional vice president. Throughout his more than 25 years at PCL, he has delivered iconic construction projects across Canada, Australia and the United States.

June Thomson

EVP, Sales, Marketing
& Business Development

June joined the Eddy team coming from Enercare after 10+ years in various roles, most recently as Vice President of the North American Builder Division. June has been in the HVAC industry for over 41 years, holding several roles throughout her career from Technician to Provincial Offences Officer.

Saj Khan

COO & President

Sajid Khan helped launch Eddy Solutions and has been in the role of Chief Operating Officer since inception. With more than 20 years of leadership and operational experience in the home services sector, Saj has held roles such as COO of Eco Energy Service, Vice President of Operations at both National Home Services and Universal Energy.

Boris Baril

CFO

With more than 25 years of financial experience, Boris has held both public and private company CFO roles; supported two (TSX listed) initial public offerings (IPOs), debt and equity capital raises, and M&A transactions. Boris graduated from York University and is a CPA, CA.

Mark Silver

CEO & Chairman

Mark L. Silver is President of Optus Capital Corporation. Mr. Silver has made significant real estate investments in both development stage and income producing properties in the residential, commercial and industrial sectors over his 35 year business career. Over the last 22 years, these investments have been made through his company, Optus Capital Corporation. Mr. Silver was a founding partner and Chief Executive Officer of Universal Energy which was sold in 2009 to Just Energy Group Inc. He co-founded Direct Energy Marketing and grew the company to over $1.3 billion in revenues before selling to Centrica PLC (also known as British Gas) in 2000.