Predictiv AI Inc. announced the termination of its joint venture by transferring its 51% interest in SMRT Labs Inc. to its partner, Commersive Solutions Inc. The termination agreement released Predictiv AI from all current and future obligations and liabilities related to the joint venture. SMRT Labs was the business unit that was tasked to bring the ThermalPass offering to market. While there was early sales traction for ThermalPass units, the joint venture was unable to meet its sale targets as a result of changing regulations and the market landscape for COVID-19 driven solutions.? PAI was advancing its portion of required funds into SMRT Lab's business, and it decided to terminate the joint venture and focus on its Weather Telematics business unit, which provides immediate business opportunities. Weather Telematics' Data-As-A-Solution platform is gaining early traction in weather data science, a rapidly growing market in the area of predictive analytics.