We are pleased to announce that one of Canada’s leading insurance carriers has teamed up with Eddy Smart Home Solutions Ltd (TSXV: EDY) to bring Eddy’s award-winning leak mitigation technology across several provinces. This opportunity represents more than $1,000,000 of revenue with a margin profile of approximately 40 percent.
The partnership was first to install Eddy’s system in about 100 homes and is now being rolled out imminently to over 1,000 homes as part of a master service agreement. The progression of our partnership is a significant milestone that further validates the value that Eddy delivers and substantiates the use case for further adoption into their book of business in residential and commercial asset classes.
To read more about the partnership, please visit newswire.ca.
