Minerva Intelligence, in partnership with 4DM, to design a new national hydrographic data model for Natural Resources Canada

VANCOUVER, British Columbia, May 25, 2021 / CNW / – Minerva Intelligence Inc. (TSXV: MVAI) (“Minerva” or the “Company”), an artificial intelligence company focused on knowledge engineering, in partnership with 4DM Inc. (“4DM”), is pleased to announce the signing of a contract with Natural Resources Canada (“NRCan”) to design an updated Canadian Hydrographic Data Model to improve essential water resources information. This project will mark the first major update to the National Hydro Network (“NHN”) since 2004, as outlined in NRCan’s public call for proposals.

The National Hydro Network is the only pan-Canadian geospatial data product that details From Canada inland surface waters. Although the original implementation of the RHN was designed to support a variety of scientific and technical applications, it became evident that a significant gap existed between the intent of the product and the needs of the users. With this in mind, NRCan began to regularly collect stakeholder feedback and sought expertise to complete this engagement process and overhaul the data model, which resulted in a recently awarded contract to Minerva with 4DM.

“NRCan is pleased to retain the services of Minerva Intelligence to update the national hydroelectric grid,” said Eric Loubier, Director General of the Canada Center for Mapping and Earth Observation. “This key core geospatial data product describes From Canada inland surface waters and underpins many applications that help Canadians manage and monitor freshwater, drinking water supplies, watershed levels or flooding. “

With a deep understanding of geospatial data standards and water-related software applications, Minerva and its partner 4DM are uniquely positioned to design the new RHN data model. By applying the principles of knowledge engineering, the team will generate an effective data model that can be easily applied to a variety of technical applications nationwide.

“Designing the data model in a logically consistent manner will allow NRCan to deliver a higher value data product to its diverse user groups,” said the head of the natural hazards section of Minerva, Gioachino Roberti. “By adopting modern geospatial data standards and focusing on user needs, the RHN data model will be plug-and-play for modern data analysis and tools such as AI algorithms and sensors. IoT for flood risk analysis and environmental data. ” Steven McArdle, President of 4DM, added: “The modernization of the RHN data model for the water resources community of practice will lead to improvements in hydrotechnical modeling and intelligence-based systems such as water forecasting tools. floods to improve our knowledge of the flood situation.

Minerva (in partnership with Ebbwater Consulting) is currently completing a project to create a National Flood Risk Data Layer, which is the largest flood risk database ever compiled for Canada. The successful harmonization of Canadian flood data into a single standard is not only a testament to Minerva’s superior knowledge engineering approach and software tools, but, more importantly, NRCan’s determination to address the challenges associated with it. at the risk of flooding Canada.

The importance of this contract award was not lost on the CEO of Minerva Scott tillman. “This new engagement with NRCan further highlights that Minerva’s unique approach to geospatial data modeling can be applied effectively in multiple areas,” said Tillman. “We are delighted to partner with 4DM to provide a new hydroelectric network that will provide endless possibilities for the public to access and analyze data on Canada’s water resources.

About Minerva Intelligence, Inc.

Minerva Intelligence Inc. is a knowledge engineering company based in Vancouver, Canada, with a subsidiary in Darmstadt, Germany. Their proprietary evidence-based decision-making software brings the benefits of artificial intelligence technology to industries that rely on reasoning with complex technical and scientific data.

Although Minerva’s applications currently focus on areas related to earth sciences, including natural hazards and mineral exploration, their technology has applications in various industries and fields.

Minerva’s common shares are currently listed on the TSX Venture Exchange (symbol MVAI). For more details, please see their website (www.minervaintelligence.com).

About 4DM, Inc.

4DM is a geo-intelligence company using sensor technology, data science, machine / deep learning, and digital modeling to enable visual mapping solutions for science and engineering clients. Services include basic project consulting activities and service support arrangements to help our clients find lasting solutions for their business objectives. Our experience in the field includes activities in water resources, energy, environment, transportation, disaster mitigation, infrastructure mapping and security intelligence.

Over the past 20 years, the 4DM team has worked with a range of clients including international organizations, Canadian government departments, municipalities, First Nations communities and businesses. Innovation and commitment to our customers have been the key to our success. For more information, see www.4dm-inc.com.

Caution Regarding Forward-Looking Statements

Forward-Looking Information: This press release contains certain information that may be considered “forward-looking information”. Forward-looking information can generally be identified by the use of forward-looking terms such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, ” continue ”,“ plans ”or similar terminology. All information contained in this press release, other than information on historical facts, including, without limitation, the availability of funding for the Company, is forward-looking information that involves various risks and uncertainties. Although the Company believes that the expectations expressed in this forward-looking information are based on reasonable assumptions, these expectations are not guarantees future performance and actual results or developments may differ materially from those shown in the forward-looking information. Forward-looking information is based on a number of important factors and assumptions. Factors that could cause actual results to differ materially from forward-looking information include changes in project parameters as plans continue to be refined, future metal prices, availability of capital and financing at low prices. acceptable conditions, general economic, market or business conditions, regulatory changes. , delays in receiving approvals and other risks detailed herein and from time to time in documents filed by the Company with securities regulatory authorities in Canada. Mineral exploration and mine development are inherently risky activities. Therefore, actual events may differ materially from those projected in the forward-looking information. For more information on the company and the risks and challenges of our business, investors should consult our continuous disclosure documents available atwww.sedar.com. Readers are cautioned not to place undue reliance on forward-looking information. The Company does not undertake to update forward-looking information, except in accordance with applicable securities laws.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

SOURCE Minerva Intelligence Inc.

For more information: Minerva Intelligence: Dan Vroon, Business Development Manager, (604) 620-1051, [email protected]; Virtus Advisory Group: Investor Relations, (416) 644-5081, [email protected]; 4DM Inc .: Steven McArdle, President, [email protected], (416) 410-7569

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https://minervaintelligence.com/


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