Posted by AGORACOM
at 9:24 AM on Tuesday, March 30th, 2021
TORONTO, ON / ACCESSWIRE / March 30, 2021 / AI/ML Innovations Inc. (CSE:AIML), a company committed to acquiring and advancing Artificial Intelligence/Machine Learning technologies that address urgent societal needs, is pleased to announce that its subsidiary, Health Gauge, has secured key strategic partnerships to help ensure that it scales its market opportunities and enhances its ability to effectively satisfy growing product demand.
Specifically, these partnerships are intended to assist Health Gauge in addressing FDA requirements for entry into the US marketplace, as well as implementation of the most stringent of data management privacy and security standards, as Health Gauge looks towards international expansion.
“Health Gauge views the entry into the US health and wellness space as a logical and critical near-term milestone” said Tim Daniels, Executive Chairman of AI/ML.
“In order to garner requisite approvals and the utmost of confidence in Health Gauge’s portfolio of products and services by retail users, channel partners, enterprise level clients and governmental regulators, Health Gauge is utilizing the resources of industry leading partners who have the expertise to help ensure that we expeditiously and effectively meet and exceed the highest of industry standards.”
Posted by AGORACOM-JC
at 7:13 AM on Monday, March 29th, 2021
Announced the signing of a definitive agreement to acquire Mediahelden GmbH, d/b/a Passcreator
Based in Munich, Germany, Passcreator is a leading European digital wallet and mobile marketing company with Tier-1 clients such as Mercedes-Benz and BMW
VANCOUVER, British Columbia, March 29, 2021 — Loop Insights Inc. (MTRX:TSXV) (RACMF:OTCQB) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights and enhanced customer engagement to the brick and mortar space, is pleased to announce the signing of a definitive agreement to acquire Mediahelden GmbH, d/b/a Passcreator (“Passcreator”) (the “Transaction”). Based in Munich, Germany, Passcreator is a leading European digital wallet and mobile marketing company with Tier-1 clients such as Mercedes-Benz and BMW
$2,000,000 Acquisition of Passcreator to Provide Loop with Complete Control Over Its Wallet Pass Technology in Anticipation of Upcoming Major Business Developments
The Passcreator mobile wallet pass is built on Android and iOS Wallet pass technology. By acquiring Passcreator, Loop will vertically integrate its Wallet pass capabilities, as well as, gain access to Passcreator’s clients such as BMW and Mercedes Benz.
With this acquisition, Loop is taking its technology stack to the next level by both incorporating the Passcreator team and taking full control of its Wallet pass technology in anticipation of Loop’s next stage of significantly larger business developments. Specifically, significant interest garnered in the US, UK and European markets dictates that Loop secures and directly manages the further development of Passcreator’s Wallet Pass platform, which is able to deploy rapidly and at scale in up to 40 languages.
Loop Insights CEO, Rob Anson stated “In our December 2020 review I stated that Loop was very confident that significant developments would take place in 2021 that would see Loop grow by several magnitudes over 2020. With the first quarter of 2021 now complete, with some major pilot tests announced and a major pipeline shaping up, we have good reason to believe in the potential for significant developments in the UK, Europe, and globally. As such, our Passcreator acquisition is perfect in terms of both timing and fit with Loop’s technology to close on upcoming major developments. Moreover, I expect Passcreator itself to contribute significant revenue to Loop in 2021 and well beyond.”
Passcreator CEO, Mario C.G. Juhnke stated “We believe that the merging of two very proven technology companies will greatly accelerate further development and synergistic growth. Furthermore, the bridging of the markets of both Loop and Passcreator will serve to improve market resiliency and bolster confidence in the future.”
Tags: AI, Amazon, artificial intelligence, Big data, covid19, NCAA, small cap, small cap stocks Posted in All Recent Posts, Loop Insights Inc. | Comments Off on Loop Insights $MTRX $RACMF Announces Definitive Agreement To Complete $2,000,000 Acquisition Of Passcreator, A Leading European Digital Wallet And Mobile Marketing Company With Tier-1 Global Clients, In Anticipation Of Upcoming Major Business Developments $AT.ca $QTRH.ca $SNSR $BSQR $PTS.ca
The North America Unmanned Aerial Vehicle market was valued at $USD 1.7 billion in 2017 and is likely to exceed $USD 7 billion by 2024 (Global Market Insights)
Posted by AGORACOM
at 1:34 PM on Tuesday, March 23rd, 2021
Company to acquire 100% of the issued and outstanding share capital of a telemedicine company that is a subscription service that connects patients with providers or doctors in real-time.
Datametrex intends to integrate the Target’s platform into the Company’s core AI technology.
Toronto, Ontario–(Newsfile Corp. – March 23, 2021) – Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTC Pink: DTMXF) (the “Company” or “Datametrex”) is pleased to announce that it has entered into a Letter of Intent (the “LOI“) on March 22, 2021, to acquire 100% of the issued and outstanding share capital of a telemedicine company (the “Target”),an arm’s length privately held company, incorporated under the laws of the Province of British Columbia.
Pursuant to its confidentiality obligations, the identity of the Target is confidential and will be subsequently disclosed if the parties enter into a Definitive Agreement (as defined below).
Subject to the completion of satisfactory mutual due diligence within thirty (30) days from the date of the LOI by Datametrex and Target, respectively, pursuant to the terms and conditions of the LOI, Datametrex and the Target will enter into a Definitive Agreement (“Definitive Agreement”).
“The impact of the acquisition of this telemedicine AI business cannot be minimized. The demand for telemedicine continues to be a large area of growth particularly with the current pandemic. We believe that adding this telemedicine element to our existing AI business will drive significant value for our stakeholders,” said Marshall Gunter, Datametrex’s Chief Executive Officer.
The Target is a telemedicine company that is a subscription service that connects patients with providers or doctors in real time. Datametrex intends to integrate the Target’s platform into the Company’s core AI technology.
The Transaction
It is anticipated that the Transaction will be structured as a share acquisition. Datametrex will acquire all of the securities of Target. It is anticipated that the Definitive Agreement will be signed on or before April 15, 2021 or such other date as mutually agreed to by the parties.
Closing of the Transaction is subject to a number of conditions, including but not limited to the following:
The Corporation will acquire the Target Shares for an aggregate purchase price of CAD $12 million (the “Purchase Price”). The Purchase Price shall be satisfied through the issuance of an aggregate of 60 million units (the “Consideration Units”). Each Consideration Unit shall comprise one common share in the capital of the Company (a “Consideration Share”) and a common share purchase warrant (a “Consideration Warrant”) in the capital of the Corporation with an exercise price of $0.20 per Consideration Unit; and
Each Consideration Unit shall entitle the holder thereof to acquire one common share in the capital of the Corporation at an exercise price of $0.25 per share for a period of 24 months from date of issuance;
Issuance of the Consideration Units and its underlying securities shall be subject to the receipt of regulatory approvals including, without limitation, the approval of the TSX Venture Exchange (“TSXV“) and other conditions and will be subject to statutory hold periods under applicable securities legislation;
The Board of Directors and shareholders of Target approving the Definitive Agreement and the transfer of the Target shares to the Company in exchange for the payment of the Purchase Price; and
The Company and the Target completing and being satisfied with the results of its due diIigence investigations; and
The Transaction closing on or before April 15, 2021.
On closing of the Transaction:
Target will become a wholly owned subsidiary of the Company.
Datametrex will not assume any debt of the Target and the proposed acquisition of Target is not expected to constitute a fundamental change or result in a change of business for the Company, nor is it expected to result in a change of control of the Company within the meaning of applicable securities laws and the policies of the TSXV.
Posted by AGORACOM-JC
at 9:29 AM on Tuesday, March 23rd, 2021
Announced that it has signed a $1M services deal to deploy EagleEye ™ AI flight services with Windfall Geotek Inc. (“Windfall Geoteck”) (TSX-V: WIN) (OTCQB: WINKF).
Windfall Geotek flies mining prospect with magnetometers.
The data is placed into EagleEye ™ along with other data and provides recommended targets for mining companies to drill.
This was traditionally done by fixed-wing aircraft flying mag surveys.
Draganfly flies smaller patterns and uses EagleEye’s ™ AI software to get better results and provide better potential targets using the AI data.
The mining focus will be on battery metals nickel, zing, lithium, and cobalt.
Los Angeles, CA., March 23, 2021 — Draganfly Inc. (OTCQB: DFLYF) (CSE: DFLY) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions, and systems developer, today announced that it has signed a $1M services deal to deploy EagleEye ™ AI flight services with Windfall Geotek Inc. (“Windfall Geoteck”) (TSX-V: WIN) (OTCQB: WINKF).
Windfall Geotek flies mining prospect with magnetometers. The data is placed into EagleEye ™ along with other data and provides recommended targets for mining companies to drill. This was traditionally done by fixed-wing aircraft flying mag surveys. Draganfly flies smaller patterns and uses EagleEye’s ™ AI software to get better results and provide better potential targets using the AI data. The mining focus will be on battery metals nickel, zing, lithium, and cobalt.
Windfall Geotek is a mining services company and a leader in the use of Artificial Intelligence (AI) and advanced knowledge-extraction techniques since 2005. Windfall Geotek has contractually agreed to have Draganfly provide $1M in flight services over the course of the next year with $500,000 already directly funded and allocated.
“We are excited about this phase of Windfall’s growth with Draganfly. Bringing our two technology and service platforms together is industry-defining as we can provide the most ecologically friendly and in-depth exploration solution in the industry,” said Dinesh Kandanchatha, Chairman of Windfall Geotek. “Together we will transform primary exploration by finding low/zero carbon solutions through AI and drones.”
“We are excited about deepening our partnership with Windfall Geotek,” said Cameron Chell, CEO of Draganfly. “EagleEye ™ is a brilliant and unique offering that leverages Draganfly sensors and drone technology, creating a proprietary digital exploration solution that is both cost-effective and sustainable.”
About Windfall Geotek – Powered by Artificial Intelligence (AI) since 2005
Windfall Geotek (TSX-V: WIN), (OTCQB: WINKF) is an Artificial Intelligence company that has been in business for over 15 years developing its proprietary CARDS analysis (AI) and data mining techniques. Windfall Geotek can count on a multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence, and mathematics. It combines available public and private datasets including geophysical, drill hole and surface data. The algorithms designed and employed by Windfall Geotek are calculated to highlight areas of interest that have the potential to be geologically similar to other gold deposits and mineralization. Windfall Geotek’s objective is to develop a new royalty stream by significantly enhancing and participating in the exploration success rate of mining and to continue the Land Mine detection application as a high priority. Windfall has played a part in numerous past discoveries utilizing its methodology as described at: https://windfallgeotek.com/ .
Additional information about Windfall Geotek is available under Windfall Geotek’s profile on SEDAR at www.sedar.com . Neither the TSX Venture Exchange nor does its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
About Draganfly
Draganfly Inc. (CSE: DFLY; OTCQB: DFLYF; FSE: 3U8) is the creator of quality, cutting-edge drone solutions, software and AI systems that revolutionize the way organizations can do business and service their stakeholders. Recognized as being at the forefront of technology for over 22 years, Draganfly is an award-winning, industry-leader serving the public safety, agriculture, industrial inspections, security, mapping, and surveying markets. Draganfly is a company driven by passion, ingenuity, and the need to provide efficient solutions and first-class services to its customers around the world with the goal of saving time, money, and lives.
“We are very excited and honoured to be working with one of the world’s leading artificial intelligence institutions. We will now be able to accelerate our innovations and scale our team’s productivity while learning new ways to approach projects with new and unique technologies,” said Michael Lende, CEO of Predictiv AI. “The formalization of this relationship is a crucial building block in our growth plans as it allows us to remain asset-light while simultaneously accelerating innovation on our artificial intelligence and deep machine learning-based solutions. We look forward to a long-term association with Waterloo.AI.”
As part of our ongoing efforts to support Waterloo.AI and its partners, we’re very pleased to share information about an event they will be hosting next week – AI Industry Day on Tuesday, March 25th.
The event will be hosted via Microsoft Teams and will be an interactive and informative online event, enabling Industry to get more acquainted with various AI success stories across multi-sectors of the economy. Catering to diverse interests, attendees will have the option to choose from a menu of topics, with one stream focusing on the use of AI within Advanced Manufacturing. Applicable to all sectors, the keynote speaker will deliver the first-hand experience of “The Journey to Implement AI”, and the importance of “Data” in the future of AI. Morning and afternoon presentations are planned around a mid- day networking event amongst attendees, partners, researchers, and the Waterloo AI Eco-System.
Please feel free to check out the agenda below, click the previous link to discover more information about the event and/or additional details about each presentation, and lastly, make sure to register for the event
– it’s completely free and promises to be fun & informative!
