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HOUSTON, TX and REDMOND, WA / ACCESSWIRE / June 14, 2024 / MultiSensor AI Holdings, Inc. (Nasdaq:MSAI), a leader in the emerging AI-driven predictive maintenance space, today announced that it has entered into a formal Strategic Channel Partner relationship with Denali Advanced Integration ("Denali"). Since its formation in 1992, Denali has been a leading provider of Information Technology (IT) and Operational Technology (OT) end-to-end solutions for enterprise clients around the world.
MSAI and Denali have worked together closely for many years, particularly serving customers in MSAI's core Distribution & Logistics and Manufacturing verticals. By formalizing their relationship, Denali makes it easier for its customers to purchase MSAI's multi-sensor solutions directly, and sets the stage for accelerated commercial rollout of these solutions into a large existing customer base. Denali's distinctive logistics and implementation capabilities accelerate MSAI's geographic growth, particularly in Europe and APAC. Both companies' strong relationships with Amazon Web Services (AWS) create additional strategic and commercial opportunities. Finally, and most important, MSAI's sensor technologies and software complement Denali's proprietary development of innovative automation solutions across multiple industry verticals.
David Gow, MSAI's Executive Chair, said: "Formalizing our relationship with Denali is an important step in the commercial roll out of our multi-sensor solutions. Denali has deep and long-standing relationships with some of the world's leading companies, and we have worked well together for many years. We look forward to working more closely with Denali, and bringing MSAI's pioneering solutions to a new group of enterprise customers."
Justin Long, Denali's Global VP of Automation, said: "We are excited to deepen our existing relationship with MSAI, supporting their commercial rollout and implementation. We are particularly excited to co-develop the next generation of sensor-driven automation solutions. This partnership fits well with our technology roadmap and reflects both companies' desire to innovate to meet the needs of our customer base."
The Strategic Channel Partnership arrangement goes into effect immediately, and is expected to accelerate MSAI's commercial activity starting in Q3 2024.
This press release is not an offer for sale of the securities in the United States or in any other jurisdiction where such offer is prohibited, and such securities may not be offered or sold in the United States absent registration or an exemption from registration under the United States Securities Act of 1933, as amended.
Forward Looking Statements
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