Nuvolt Corporation Inc.

Nuvolt Corporation Inc.

March 31, 2015 11:30 ET

Nuvolt Announces the Renewal of its Promotional Program in Collaboration With Optimum Farm Insurance

QUEBEC CITY, QUEBEC--(Marketwired - March 31, 2015) - Nuvolt Corporation Inc. ("Nuvolt") (TSX VENTURE:NCO), is pleased to announce the renewal of its promotional program in collaboration with Optimum Farm Insurance ("Optimum"), a program designed to encourage farm owners to install the SmartScan Solution and to subscribe to its ongoing surveillance and monitoring service.

According to Mr. J.-Sébastien Lagarde, Executive Vice-President at Optimum: "Optimum Farm Insurance is pairing with Nuvolt to promote the SmartScan solution, a technology which provides an efficient and predictive maintenance tool for the prevention of electrical failures in livestock farms. Electrical failures are the number one cause of fires in farms". Optimum is offering an important yearly rebate on the damage insurance premium to farm owners who subscribe to the SmartScan monitoring service.

"We are happy to pursue our collaboration with Optimum Farm Insurance. This program is a testimony to the interest in modern solutions such as SmartScan, which promotes the prevention and protection of a producer's assets", states Mr. Pierre-André Meunier, President and CEO at Nuvolt.

This surveillance service is offered and delivered to the agriculture market by Agrivolt, a wholly owned division of Nuvolt.

About Optimum Farm Insurance

Optimum Farm Insurance Inc. is a member of the Optimum Group, a private, international financial group active in property and casualty insurance, life insurance, life reinsurance, actuarial consulting and asset management, with the bulk of its operations in Canada, the United States and France. Optimum Farm Insurance Inc. caters exclusively to the needs of farmers and has been providing farming insurance solutions in Quebec since 1897. Its head office is located in Trois-Rivières.

About Nuvolt

Nuvolt develops and markets technologies pertaining to the monitoring and management of electrical equipment and networks. The SmartScan solution has the ability to very rapidly detect electrical discrepancies and is able to predict a potential electrical failure. It can therefore prevent possible equipment failures, production downtimes (interruptions in operations) and reduce the risk of fires.

About Agrivolt

Agrivolt is a division in its own rights of Nuvolt, specializing in the marketing of optimized solutions for electrical networks within the farming industry. Amongst these solutions, Agrivolt provides an expertise and patented technologies able to identify, measure and correct problems with regard to stray voltage or leakage flow affecting the comfort level of animals in livestock farms.

Certain statements contained in this press release constitute projected information. Such statements are based on management's current expectations. You are cautioned that such statements can be subject to a multitude of risks and uncertainties that could cause actual results, future circumstances or events to substantially differ from those anticipated in the projected information. The reader should not place undue reliance on the projected information included in this press release, considering that (i) actual results could substantially differ from a conclusion, forecast or projection in the projected information, and (ii) certain material factors or assumptions applied in drawing a conclusion or making a forecast or projection as reflected in the projected information could prove to be inaccurate. These statements apply only to the date they are made, and Nuvolt assumes no obligation to revise such statements as a result of any event, circumstance or otherwise, except as provided by the Law.

Neither TSX Venture Exchange nor its Regulation Services Provided (as defined in the policies of the TSV Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Mr. Pierre-Andre Meunier
    President and Chief Executive Officer
    (418) 833-0773
    (418) 833-4055 (FAX)