Posted by AGORACOM-JC
at 5:53 PM on Thursday, March 18th, 2021
Loop Insights is a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights and enhanced customer engagement to the brick and mortar space.
What does this mean? Loops real-time AI data capabilities changes everything about your check out experience at a brick and mortar store. Up until now, you simply walked up to the register and paid your bill. If you were lucky, you were handed some coupons for your next visit. It didn’t matter if those coupons didn’t apply to you, everybody got one.
Loop “Insights”, on the other hand, uses data and artificial intelligence to instantly determine what would be important to you and makes you an offer on the spot to buy more product from the store or their e-commerce site. More than just lip service, here is what Sobeys Chief Information Officer Bruce Burrows had to say:
“Loop Insights’ diverse suite of services was an obvious fit for Sobeys as we look to drive consumer engagement and close gaps in our personalization of the customer experience. By testing Loop’s Fobi device in our retail operations, we hope to connect more directly with customers while returning AI-driven insights to optimize our retail operations.”
“An obvious fit” for a company with $28 BILLION in revenue pretty much tells you everything you need to know … but if you think that sounds powerful, then you should know that it is just scratching the surface of Loop capabilities.
To understand more, you need to watch this great interview with Loop Insights CEO, Rob Anson.
Posted by AGORACOM-JC
at 5:29 PM on Thursday, March 18th, 2021
Predictiv AI’s proprietary artificial intelligence and machine learning platform provides predictive and prescriptive solutions in the public safety sector.
Those solutions gained a huge boost this week by way of a dynamic, major partnership with the Waterloo Artificial Intelligence Institute at the University of Waterloo.
This deal will allow access to the world’s top artificial intelligence resources
Predictiv AI’s subsidiary, AI Labs, can pursue its various innovations via Waterloo.AI as an extension of the Predictiv AI team
The collaboration will allow access to the world’s top artificial intelligence resources, creating greater bandwidth in ideation, research, and development of solutions for real-world problems
It provides a major stepping stone for Predictiv AI’s two wholly owned subsidiaries: AI Labs and Weather Telematics.
AI LABS:
Research and development business arm of Predictiv AI,
Uses deep machine learning and artificial intelligence sensor-based technology solutions to solve real-world problems
Developed ThermalPass™, a temperature detection system, to mitigate the spread of contagions in public places
51% owns SMRT Labs JV to commercialize ThermalPass. 49% by Commersive Solutions Corp., a developer of integrated, point-of-sale technologies
Commercialized ThermalPass under SMRT Labs Inc., offering two SKU’s, the ThermalPass Portable and ThermalPass Pro – ~$US 7,000
WEATHER TELEMATICS
Launched its Alert Fleet product, a road weather hazard alert system for commercial fleets.
Alert Fleet advises drivers of dangerous conditions, such as black ice or hydroplaning, 200 metres ahead, thus providing time to mitigate risk and avoid accidents
Clients in US government and expanding into insurance, agriculture and public safety
Michael Lende, Predictiv AI’s CEO and President, talks through the company’s early sales success and outlines the game plan:
Posted by AGORACOM
at 11:53 AM on Thursday, March 18th, 2021
TORONTO, ON / March 18, 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 launched its e-commerce platform for the retail sale of its proprietary wearable, digital health solution.
Health Gauge’s patent pending, wellness solution empowers the user by utilizing three integrated components: a selection of Health Gauge’s branded wearable health monitors, Health Gauge’s AI-powered phone app (Apple and Android), and Health Gauge’s subscription-based cloud computing platform, which seamlessly combine to provide the user and their health service providers with immediate, meaningful and actionable information and feedback, resulting in better health recovery outcomes and the achievement of healthier living objectives for the user.
“This is a significant milestone, as our data-driven health solution achieves commercialization” said Randy Duguay, CEO of Health Gauge. “While our primary focus remains a B2B business model by way of strategic channel partners, there is growing consumer interest which indicates the potential for substantial cash flows from a retail revenue stream as well. We anticipate rapid adoption of our solution, as we see considerable demand for both our wearables as well as our platform.”
Posted by AGORACOM-JC
at 8:37 AM on Thursday, March 18th, 2021
Company has entered into a five-store pilot with Sobeys, Canada’s second-largest grocer, to provide Sobeys with Loop’s Insights and Engage platforms, including its new digital receipt capability, as well as Loop’s Wallet pass technology.
VANCOUVER, British Columbia, March 18, 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, is pleased to announce the Company has entered into a five-store pilot with Sobeys, Canada’s second-largest grocer, to provide Sobeys with Loop’s Insights and Engage platforms, including its new digital receipt capability, as well as Loop’s Wallet pass technology.
Sobeys SVP and Chief Information Officer Bruce Burrows stated: “Loop Insights’ diverse suite of services was an obvious fit for Sobeys as we look to drive consumer engagement and close gaps in our personalization of the customer experience. By testing Loop’s Fobi device in our retail operations, we hope to connect more directly with customers while returning AI-driven insights to optimize our retail operations.”
Loop Insights CEO Rob Anson stated: “Signing this five-store pilot agreement with Sobeys, which generates over $28 Billion in annual sales from more than 1,400 stores under various banners across Canada, is another clear indication of the power of Loop’s enterprise-level services, including Engage, Insights and our Wallet pass technology. Following our LOI to acquire Passcreator, we now have complete control of our technology, which will allow for customized, large-scale implementations for our clients.”
Under the terms of the agreement, the Company will deploy its Fobi device at five select Sobeys locations in order to pilot the onboarding of shoppers to receive electronic receipts.
Should the pilot program achieve its desired results, the parties may expand the scope of the relationship to additional Sobeys locations.
Posted by AGORACOM-JC
at 6:54 PM on Wednesday, March 17th, 2021
When a small cap company enters into a developer and supply agreement with a technology leader in its space AND can’t name the company, that is typically a very good thing.
Understanding the world of Photonics isn’t the easiest thing small cap investors have had to understand. In fact, it may be the very hardest thing they’ve ever had to understand. However, given the fact we are the very reason current photonics devices aren’t living up to snuff trying to keep up with our surfing, streaming, binging and zooming – you start to see why understanding photonics and POET Technologies could open up investors to a whole new world.
Posted by AGORACOM-JC
at 5:46 PM on Monday, March 15th, 2021
Datametrex AI Limited has the rare benefit that most small cap companies would only dream of …. 2 successful independent divisions that are each capable of being a company maker.
The first division is their Artificial Intelligence driven social media monitoring and discovery product … and this isn’t some basic social media monitoring tool for keywords. Clients include Canadian Federal Government, DRDC, Health Canada, United States Air Force and LOTTE (a $2.6B South Korean multinational conglomerate.
Perspectum is a drone based imaging predictive analytics artificial intelligence (AI) services company, currently focusing on environmental and safety predictive analysis. Datametrex intends to expand the Perspectum platform into the Company’s core Cybersecurity business by integrating the Company’s AI with Perspectum.
“The impact of the acquisition of this AI business cannot be minimized. The demand for imaging predictive analytic reporting continues to be a large area of growth. As businesses and countries continue to work towards zero emissions and carbon neutral footprints, we believe that adding this imaging predictive AI element to our existing cybersecurity business will drive significant value for our stakeholders.”, said Marshall Gunter, Datametrex’s Chief Executive Officer.
As a result of the highest level security clearances required to do this level of work, Datametrex was well positioned with deep roots in South Korea to add their second, though unintended division of COVID-19 test kit distribution. Again, this isn’t some small cap stretch trying to capitalize on a trend for the sake of stock promotion. Rather, when the Canadian Government came calling for assistance in importing and distributing COVID-19 test kits, Datametrex stepped up to the task thanks to its security clearances already in place in both countries.
Since then, the company has signed multiple multi-million dollar COVID-19 test kit supply agreements with mining companies, a $20M CAD agreement with the television and film industry and various educational institutions.
Sit back, relax and watch this powerful interview with Datametrex CEO Marshall Gunter.
Posted by AGORACOM-JC
at 10:32 AM on Monday, March 15th, 2021
Announced the successful execution of its venue management platform which protected NCAA athletes, coaches, media, staff, and fans at the 2021 Big West Conference Championship in Las Vegas.
2021 Big West Conference Championship is the third NCAA event that has benefited from Loop Insights’ best-in-class venue management platform.
VANCOUVER, British Columbia, March 15, 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, enhanced customer engagement, and automated venue tracing to the brick and mortar space, is pleased to announce the successful execution of its venue management platform which protected NCAA athletes, coaches, media, staff, and fans at the 2021 Big West Conference Championship in Las Vegas.
BIG WEST CHAMPIONSHIP REPRESENTS LARGEST-EVER VENUE BUBBLEAND MOST SUCCESSFUL LIVE SHOWCASE FOR MAJOR SPORTS AND HOSPITALITY PROSPECTS
The 2021 Big West Conference Championship is the third NCAA event that has benefited from Loop Insights’ best-in-class venue management platform. The winners of the tournament have earned their way into the 2021 March Madness tournament to be held this month in Indianapolis. In partnership with bdG sports, the Big West Conference Championship was the largest “venue bubble” deployed by Loop to date.
Loop Insights CEO Rob Anson stated: “I am extremely proud of my team and thankful to all of those who took part in ensuring the Big West Conference Championship Tournament was a huge success. With the golf season underway, the NHL and NBA playoffs right around the corner, and the MLB and WNBA regular seasons nearly ready to being, the success and timing of this event could not have been better given the entities we were able to showcase our platform’s capabilities to. Add in the Nevada announcement moving to 50% capacity as of today and the multiple advanced discussions we are having with some of the largest organizations in the state made it a dream week for Loop and its shareholders.”
bdG Sports CEO, Brooks Downing stated: “We are very proud of another successful tournament at the Big West Conference Championships in partnership with Loop. The Loop Insights platform provided enhanced security with a user-friendly experience that allowed athletes and staff to onboard to the platform seamlessly. We look forward to working with Loop Insights again as the sports industry begins to welcome fans back to events once again.”
Downing further added, in a recent interview from the floor of Mandalay Bay Events Center with CEO Anson, the following comments with respect to the power of Loop Insights going beyond venue tracing and into “1-to-1” fan engagement through Loop’s Artificial Intelligence as an evolution of the fan experience and a brand new source of revenue:
NEVADA ANNOUNCEMENT OF 50% CAPACITY EVENTS ACCELERATES LOOP DISCUSSIONS WITH MAJOR SPORTS AND HOSPITALITY EVENTS STEMMING FROM LIVE VENUE BUBBLE DEMONSTRATIONS
On March 12, Nevada announced it would be allowing gatherings, including sporting events, conventions, and trade shows, to operate at 50% capacity starting today. The Las Vegas Sun stated:
“The increase will be beneficial for everyone from the Golden Knights (up to 9,000 fans at T-Mobile Arena) to the many casino showrooms with performances scheduled to soon return.”
The successful deployment, scale, and execution at the Big West Conference Championships, coupled with previous live event successes, has clearly established Loop as the best-in-class venue management platform for major sporting events.
Loop Insights had already commenced multiple and advanced negotiations with Nevada-based hospitality and sports entities with the success of its first Nevada bubble on December 1, 2020. The move to 50% capacity has now significantly accelerated those discussions, as well as spawned additional discussions with major professional sports teams and leagues outside Nevada that have become top priorities in the month of March given their time sensitivity.
CEO Rob Anson added “There is simply no way to overstate the implications of yet another live environment success and the concurrent level of discussions in Las Vegas over the past 10 days. With the entire sports world watching, Loop hit it out of the park and provided both Nevada and the world with the empirical data necessary to demonstrate our solution is the best in the world. We still have work to be done but we are moving close to the possibility of Loop helping re-open some of North America’s largest sporting events.”
Posted by AGORACOM
at 11:16 AM on Wednesday, March 10th, 2021
Datametrex Announces Acquisition of an Imaging Predictive AI Company
Datametrex to buy drone-based AI inspection services company for $3MM
“The impact of the acquisition of this AI business cannot be minimized. The demand for imaging predictive analytic reporting continues to be a large area of growth,” said CEO Marshall Gunter.
Toronto, Ontario–(Newsfile Corp. – March 10, 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“) to acquire 100% of Perspectum Drone Inspection Services Ltd. (“Perspectum”), an arm’s length privately held artificial intelligence drone imaging predictive analytic services company, incorporated under the laws of Alberta.
Subject to the completion of satisfactory mutual due diligence within thirty (30) days by Datametrex and Perspectum, under the terms and conditions of the LOI, Datametrex and Perspectum will enter into a Definitive Agreement (“Definitive Agreement”), pursuant to which Datametrex will acquire 100% of the issued and outstanding shares (“Transaction“) of Perspectum.
“The impact of the acquisition of this AI business cannot be minimized. The demand for imaging predictive analytic reporting continues to be a large area of growth. As businesses and countries continue to work towards zero emissions and carbon neutral footprints, we believe that adding this imaging predictive AI element to our existing cybersecurity business will drive significant value for our stakeholders.”, said Marshall Gunter, Datametrex’s Chief Executive Officer.
Perspectum is a drone based imaging predictive analytics artificial intelligence (AI) services company, currently focusing on environmental and safety predictive analysis. Datametrex intends to expand the Perspectum platform into the Company’s core Cybersecurity business by integrating the Company’s AI with Perspectum.
The Transaction
It is anticipated that the Transaction will be structured as a share acquisition. Datametrex will acquire all of the securities of Perspectum. It is anticipated that the Definitive Agreement will be signed on or before March 31, 2021.
Closing of the Transaction is subject to a number of conditions, including but not limited to the following:
The Company will acquire all shares of Perspectum for an aggregate purchase price of CAD $3 million (“Purchase Price”) to be satisfied through the issuance of common shares (“Consideration Shares”) of Datametrex. The number of Consideration Shares to be issued shall be determined based on the Volume Weighted Average Price (“VWAP”) of the common shares of the Company on the facilities of the TSX Venture Exchange for the thirty days prior to the closing date.
The Company will place a number of shares equivalent in value to $500,000 in escrow (“Escrow Shares”). The Escrow Shares held in escrow will automatically be released when Perspectum achieves gross revenue of $600,000 following the closing of the Transaction. Should Perspectum not achieve $600,000 of gross revenue in the 16 month period following the Transaction, the Escrow Shares will be cancelled.
Issuance of the Consideration Shares 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.
Datametrex will pay a 5% finders’ fee in connection with the Transaction.
The Board of Directors and shareholders of Perspectum approving the Definitive Agreement and the transfer of the Perspectum shares to the Company in exchange for the payment of the Purchase Price.
The Company completing and being satisfied with the results of its due diIigence investigations.
The Transaction to be completed by April 30, 2021.
On closing of the Transaction,
Perspectum will become a wholly owned subsidiary of the Company.
Ty Pfeifer shall be appointed President of the subsidiary.
The Company shall fund the subsidiary with $550,000 to allow the subsidiary to complete its AI intergration and purchase a second drone/camera platform.
