Posted by AGORACOM-JC
at 5:24 PM on Monday, November 9th, 2020
Loop Insights (MTRX:TSXV)(RACMF:OTCQB) was already a leading provider of contactless solutions and artificial intelligence (“AI”) to the brick and mortar space prior to the arrival of COVID-19.
Over the last few months Loop has adapted its contactless platform to also provide contact tracing and real-time testing to large venues and businesses. More than just lip service, Loop has already announced significant partnerships and news with the likes of:
“By partnering with innovative and leading IoT development companies, such as Loop, we’re ensuring that our customers have access to some of the most advanced IoT business solutions in the world.”
The presentation ended at approximately 1:15 PM EST, and by 8:00 PM EST Loop had received over 100 direct inquiries from enterprise-level attendees spanning many different industries and countries. Loop Insights anticipates many more direct inquiries to be received in the coming days.
Today, the Company announced the first ever end-to-end COVID-19 Venue Bubble for an upcoming NCAA Basketball Tournament in Florida.
Watch this great interview with Loop Insights CEO, Rob Anson.
Posted by AGORACOM-JC
at 9:27 AM on Monday, November 9th, 2020
Announced the implementation its “Venue Bubble,” a fully integrated contact tracing to rapid testing solution, in a live venue environment at the Gulf Coast Showcase in Florida hosting 14 NCAA college basketball teams
This implementation represents the first ever end-to-end COVID-19 venue solution in a live environment and a significant milestone for Loop Insights, given the global demand for venue solutions from enterprise-level organizations worldwide
VANCOUVER, British Columbia, Nov. 09, 2020 — 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 implementation its “Venue Bubble,” a fully integrated contact tracing to rapid testing solution, in a live venue environment at the Gulf Coast Showcase in Florida hosting 14 NCAA college basketball teams.
LOOP DELIVERS FIRST EVER END TO END SOLUTION FROM CONTACT TRACING TO RAPID TESTING IN A LIVE VENUE ENVIRONMENT – A MAJOR MILESTONE FOR LOOP AND GLOBAL HOSPITALITY INDUSTRY IN NEED OF A SOLUTION This implementation represents the first ever end-to-end COVID-19 venue solution in a live environment and a significant milestone for Loop Insights, given the global demand for venue solutions from enterprise-level organizations worldwide.
On October 29th, Loop Insights and Amazon Web Services (AWS) hosted a webinar to showcase the Company’s Venue Tracing Solution to a global audience of hospitality businesses that resulted in 1,000 attendees from industries including but not limited to:
Hotels
Airlines
Venue Owners
Sports & Entertainment Owners
The Company has been engaged in several discussions with global hospitality companies in search of a solution to enable the safe resumption of their operations and ensure their long term viability and sustainability.
Loop Insights CEO Rob Anson stated, “Today’s announcement establishes Loop as a global force in COVID-19 venue solutions. Loop progresses beyond just contact tracing and delivers a full working “Venue Bubble” solution that incorporates every element of safety and commerce that venues worldwide need to open for business. Given the responses we had from our AWS webinar and the resulting conversations we are having with global hospitality companies, we are optimistic that delivering this working solution in a live environment will lead to significant business. This is a big day for Loop and its shareholders.”
THE VENUE BUBBLE SOLUTION On October 27, 2020 Loop Insights announced a partnership agreement with Summit Services Inc. to provide a complete end-to-end integrated COVID-19 management solution consisting of rapid mobile testing, integrated lab results, and exposure alert notification capabilities.
Together with Summit, Loop Insights has established a comprehensive end-to-end testing and venue tracing solution that can be integrated into any physical environment, allowing organizations to safely reopen their facilities while reintroducing students, fans, or workers. The combined product offering is intended to focus on, amongst other venues, stadiums, and arenas.
Today’s #BeachBubble announcement represents the first time contact tracing and rapid testing will be fully integrated into a live environment globally, marking a significant milestone for both Loop and the global market of venues seeking an end-to-end solution.
THE EVENT – bdG SELECTS LOOP TO PROVIDE VENUE TRACING AND FAN ENGAGEMENT SOLUTION FOR FORT MYERS #BEACHBUBBLE TOURNAMENT Loop has been selected to provide its venue tracing and fan engagement platform to the Gulf Coast Showcase in Fort Myers, Florida. The tournament, operating affectionately as the #BeachBubble, is set to play host to 14 NCAA Division I men’s and women’s basketball teams in November and December that will play at both:
Hertz Arena and
Alico Arena (FGCU)
In partnership with bdG sports, Loop Insights will provide an all-access pass comprising of venue tracing, contactless entry, testing, and personalized engagement to all team members, game operations staff, officials, and attendees. The company’s end-to-end Venue Bubble is designed to protect all participants, officials, and game staff at the tournament while providing bdG with unique marketing and fan engagement opportunities. Loop’s venue tracing solution will be deployed across convention centers, hotels, practice facilities, and arenas to provide complete end-to-end coverage.
bdG Sports CEO, Brooks Downing stated , “Loop’s venue bubble platform has provided us with the peace of mind to move forward with our return-to-play efforts in college basketball safely. After establishing a safe and secure environment, Loop’s platform provides an all-access pass directly to consumers, providing additional revenue streams through personalized promotions and targeted advertisements, which can increase transaction revenue at all events.”
Loop Insights CEO Rob Anson stated bdG’s #BeachBubble in Florida provides us with another excellent opportunity to showcase our end-to-end integrated testing, tracing, and alert notification solution. In addition to our Venue Bubble in Fort Myers, Loop’s venue bubble will be on full display in Las Vegas at NCAA Basketball #VegasBubble tournament hosted at MGM and T-Mobile Arenas. As live events return, we will continue working with bdG to bolster its event revenue streams by providing real-time targeted fan engagement and marketing during these events. With our now second successful bubble designation, it stands as another excellent example of continued third-party validation that speaks to the sense of urgency and the demand for our venue tracing platform.”
Watch Loop CEO Rob Anson and bdG Sports CEO Brooks Downing discuss their initial partnership in Las Vegas: https://youtu.be/cL5wfYNO-Qs
This press release is available on the Loop Insights Verified Forum on AGORACOM for shareholder discussion, questions and engagement with management https://agoracom.com/ir/LoopInsights
About bdG Sports: bdG Sports is a representation, event management, and public relations firm operating on an international platform within the sports marketing industry. bdG manages multiple college basketball and college hockey events in the United States each season with events in Southwest Florida, Las Vegas, and The Bahamas. bdG’s golf division manages the season-opening tournaments of the Korn Ferry Tour each January in The Bahamas, hosts premium Pro-Ams throughout the year and launched the Unbridled Tour mini-tour series in 2020. For more information, visit www.bdglobalsports.com or follow on @bdGlobalSports on Twitter, Facebook, or Instagram.
About Loop Insights : Loop Insights Inc. is a Vancouver-based Internet of Things (“IoT”) technology company that delivers transformative artificial intelligence (“AI”) automated marketing, contact tracing, and contactless solutions to the brick and mortar space. Its unique IoT device, Fobi, enables data connectivity across online and on-premise platforms to provide real-time, detailed insights and automated, personalized engagement. Its ability to integrate seamlessly into existing infrastructure, and customize campaigns according to each vertical, creates a highly scalable solution for its prospective global clients that span industries. Loop Insights operates in the telecom, casino gaming, sports and entertainment, hospitality, and retail industries, in Canada, the US, the UK, Latin America, Australia, Japan, and Indonesia. Loop’s products and services are backed by Amazon’s Partner Network.
This news release contains certain statements which constitute forward-looking statements or information. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Loop’s control, including the impact of general economic conditions, industry conditions, and competition from other industry participants, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Loop believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Loop does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Loop should be considered highly speculative. There can be no assurance that Loop will be able to achieve all or any of its proposed objectives.
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 release.
Posted by AGORACOM-JC
at 7:26 AM on Wednesday, November 4th, 2020
Announced the successful completion of initial 20-store pilot and will now roll out all 550 Your CBD Store retail locations
Your CBD Store is the largest CBD brick-and-mortar retailer in the United States with over 550 locations across 41 states
The Your CBD Store expansion includes the implementation of Loop’s data insights platform across 170 new stores by the end of 2020 and an additional 380 stores in Q-2 of 2021
In addition, Loop has now completed its integration with Shopify’s application programming interface (API), providing Loop access to the 500,000 merchants currently using the Shopify platform
VANCOUVER, British Columbia, Nov. 04, 2020 – 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, announces the successful completion of initial 20-store pilot and will now roll out all 550 Your CBD Store retail locations.
Loop to Generate Monthly Recurring Revenue From 550 Your CBD Store Locations
Your CBD Store represents the company’s second deal through Vend and its first franchise customer, as announced on August 12, 2020. Your CBD Store is the largest CBD brick-and-mortar retailer in the United States with over 550 locations across 41 states. The Your CBD Store expansion includes the implementation of Loop’s data insights platform across 170 new stores by the end of 2020 and an additional 380 stores in Q-2 of 2021.
Global Vend Sales Team Now Actively Selling Loop Platform to Its 25,000 Customers in 140 Countries
Loop will significantly benefit from Vend’s large global sales team pushing Loop’s products and services to its current 25,000 retail customer base. With Loop’s Insights and Analytics service gaining traction, Loop will now look to introduce its automated marketing service to the Vend sales channel, which will provide additional recurring revenue opportunities through monthly SAAS as well as potential revenue share opportunities.
Loop CEO, Rob Anson, states, “channel reseller agreements, such as Vend, provide us with a stable path to revenue that can be replicated over and over again. Our current “Insights” pricing model is $50 per month per till, with an average of 4 tills per retail location. If we were to successfully onboard all 25,000 Vend customers, we would be looking at potential monthly recurring revenue of over $5,000,000. When you layer in our automated marketing “Engage” service and wallet pass loyalty application, these numbers quickly multiply by 5-10x, which provides the company with a very significant revenue stream.”
Loop Insights Completes Shopify API Integration to Provide Potential Loop Services to Shopify’s 500,000 Merchant Base
Completing our Shopify integration further bolsters Loop’s efforts to achieve a global scale via e-commerce and bricks and mortar opportunities. Retailers look to leverage data to create personalized shopping experiences across channels and optimize retail supply chain and inventory management. This makes Loop’s real-time online and offline data connectivity vital.
Loop has now completed its integration with Shopify’s application programming interface (API), providing Loop access to the 500,000 merchants currently using the Shopify platform. Shopify is a retail e-commerce leader, particularly as the COVID-19 pandemic continues to push shoppers towards online shopping platforms. Loop’s Shopify integration will allow retailers to link their online and offline data, enabling real-time omnichannel insights for retailers with both e-commerce and brick and mortar retail outlets.
About Vend: Vend is a cloud-based point-of-sale and retail management software that lets retailers run their business in-store, online, and on-the-go. Vend includes inventory management, eCommerce integrations, customer loyalty, and reporting analytics tools. The first POS built for iOS, Vend is trusted by retailers in over 140 countries and is used in more than 25,000 stores worldwide. Vend integrates with leading tools like Bigcommerce, Quickbooks, and Marsello and provides seamless integrated payment options by partnering with major banks and processors around the world. Founded in 2010, Vend has offices in Auckland, London, Toronto and Melbourne, and has raised more than $50 million from top-tier investors. For more information, please visit: https://www . vendhq.com/
About Your CBD Store: Your CBD Store is the largest CBD retailer in the United States and the exclusive home of award-winning, hemp-derived SunMed products. With more than 550+ stores in 41 states, we are bringing the highest quality CBD experience to customers nationwide. Its parent company, Sunflora Inc., produces quality products for health and wellness, skincare, and pet products.
About Loop Insights: Loop Insights Inc. is a Vancouver-based Internet of Things (“IoT”) technology company that delivers transformative artificial intelligence (“AI”) automated marketing, contact tracing, and contactless solutions to the brick and mortar space. Its unique IoT device, Fobi, enables data connectivity across online and on-premise platforms to provide real-time, detailed insights and automated, personalized engagement. Its ability to integrate seamlessly into existing infrastructure, and customize campaigns according to each vertical, creates a highly scalable solution for its prospective global clients that span industries. Loop Insights operates in the telecom, casino gaming, sports and entertainment, hospitality, and retail industries, in Canada, the US, the UK, Latin America, Australia, Japan, and Indonesia. Loop’s products and services are backed by Amazon’s Partner Network and sold through the TELUS IoT Marketplace.
This news release contains certain statements which constitute forward-looking statements or information. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Loop’s control, including the impact of general economic conditions, industry conditions, and competition from other industry participants, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Loop believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Loop does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Loop should be considered highly speculative. There can be no assurance that Loop will be able to achieve all or any of its proposed objectives.
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 release.
Posted by AGORACOM-JC
at 7:13 AM on Friday, October 30th, 2020
Announced that early response from its interactive webinar with Amazon Web Services to showcase the Company’s Venue Tracing Solution to a global audience on October 29th is indicating great success
THE EVENT – MAXIMUM ATTENDANCE OF 1,000 ACHIEVED
THE RESPONSE – OVERWHELMING DIRECT INQUIRIES SPANNING THE WORLD
EVENT BUILDS ON AMAZON APPOINTMENT OF LOOP INSIGHTS TO PREFERRED PARTNER NETWORK INCLUDING 90% OF FORTUNE 100
Webinar achieved its maximum attendance of 1,000 viewers, with more than 88% of viewers remaining engaged through to the end of the final Q&A segment
Presentation ended at approximately 1:15 PM EST, and by 8:00 PM EST Loop had received over 100 direct inquiries from enterprise-level attendees spanning many different industries and countries
VANCOUVER, British Columbia, Oct. 30, 2020 — 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 contact tracing to the brick and mortar space, is pleased to announce that early response from its interactive webinar with Amazon Web Services to showcase the Company’s Venue Tracing Solution to a global audience on October 29th is indicating great success.
THE EVENT – MAXIMUM ATTENDANCE OF 1,000 ACHIEVED
Amazon Web Services (AWS) Principal Solutions Architect Mike Apted and Loop Insights CEO Rob Anson co-hosted the event to provide invitees with a first hand and interactive experience of Loop’s End-To-End Venue Tracing Platform.
The webinar was an open invitation to AWS and Loop partners from around the world from industries including but not limited to:
Airlines
Venue Owners
Sports & Entertainment Enterprises
Professional Sports Teams
Telecom
Government
The webinar achieved its maximum attendance of 1,000 viewers, with more than 88% of viewers remaining engaged through to the end of the final Q&A segment.
THE RESPONSE – OVERWHELMING DIRECT INQUIRIES SPANNING THE WORLD
The presentation ended at approximately 1:15 PM EST, and by 8:00 PM EST Loop had received over 100 direct inquiries from enterprise-level attendees spanning many different industries and countries. Loop Insights anticipates many more direct inquiries to be received in the coming days.
Loop Insights CEO Rob Anson stated, “We knew going into the webinar that interest in our Contactless Platform and Solutions was very high given the high-level nature of clients we had already announced leading up to it. These attendees, many of whom represent household name entities, were looking to us for solutions that can protect people, instill confidence in their customers and get their enterprises moving once again. Nonetheless, the response to the demonstration of our Contactless Venue Tracing Platform was simply incredible and even surpassed our expectations. We are optimistic that Loop Insights is establishing an identity as a global force in the contactless space and believe the responses will lead to significant business for Loop. We can’t thank Amazon Web Services enough for their continued support and partnership.”
EVENT BUILDS ON AMAZON APPOINTMENT OF LOOP INSIGHTS TO PREFERRED PARTNER NETWORK INCLUDING 90% OF FORTUNE 100
On June 8, 2020, Loop was accepted into Amazon Web Services Partner Network (APN), the global partner program for leading technology businesses from which more than 90% of Fortune 100 companies source their solutions and services.
Some of the benefits of the APN include networking opportunities to gain access to hundreds of ongoing AWS portfolios, as well as co-development projects and continued AWS resources that support product development, marketing, and sales.
With many, if not most AWS business accounts facing significant economic challenges requiring solutions that can safely and effectively re-start normalized operations and financial recovery, Loop’s APN status in conjunction with AWS position as a trusted source of solutions is expected to create continued significant interested in Loop’s Venue Tracing Platform.
LOOP INSIGHT VENUE TRACING PLATFORM IS BUILT AND SUPPORTED BY AWS CLOUD INFRASTRUCTURE
Loop’s Venue Tracing platform is clearly gaining recognition and third-party validation, including implementations with:
Major Las Vegas Hospitality Chains
University of Houston;
NCAA #VegasBubble; and
Most recently being accepted into the TELUS IoT Marketplace as “one of the most advanced IoT business solutions in the world”
Loop is also pleased to announce that it has secured The Depository Trust Company (DTC) eligibility for its shares traded in the United States under the symbol RAMCF. The Company’s common shares traded on the OTC Market in the United States, under the symbol “RAMCF” are Depository Trust Company (“DTC”) eligible, effective October 29, 2020. The DTC will facilitate electronic settlement of transfers of its common shares in the United States.
Rob Anson stated , “We are very pleased to have obtained DTC eligibility. Loop is registering its shares with DTC as a fundamental step towards establishing the Company with the American investment community. This electronic method of clearing securities expedites the receipt of stock and cash and thus accelerates the settlement process for investors and brokers, enabling the stock to be traded over a much wider selection of brokerage firms. The DTC’s electronic settlement of our shares is critical to having an effective market.”
This press release is available on the Loop Insights Verified Forum on AGORACOM for shareholder discussion, questions and engagement with management https://agoracom.com/ir/LoopInsights
About Loop Insights : Loop Insights Inc. is a Vancouver-based Internet of Things (“IoT”) technology company that delivers transformative artificial intelligence (“AI”) automated marketing, contact tracing, and contactless solutions to the brick and mortar space. Its unique IoT device, Fobi, enables data connectivity across online and on-premise platforms to provide real-time, detailed insights and automated, personalized engagement. Its ability to integrate seamlessly into existing infrastructure, and customize campaigns according to each vertical, creates a highly scalable solution for its prospective global clients that span industries. Loop Insights operates in the telecom, casino gaming, sports and entertainment, hospitality, and retail industries, in Canada, the US, the UK, Latin America, Australia, Japan, and Indonesia. Loop’s products and services are backed by Amazon’s Partner Network.
This news release contains certain statements which constitute forward-looking statements or information. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Loop’s control, including the impact of general economic conditions, industry conditions, and competition from other industry participants, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Loop believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Loop does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Loop should be considered highly speculative. There can be no assurance that Loop will be able to achieve all or any of its proposed objectives.
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 release.
Posted by AGORACOM-JC
at 7:20 AM on Tuesday, October 27th, 2020
Company has signed a referral and partnership agreement with Summit Services Inc. dba Summit One Source
To provide a complete end-to-end integrated COVID-19 management solution consisting of rapid mobile testing, integrated lab results, and exposure alert notification capabilities
Loop Insights now has the ability to offer rapid test and lab results to any organization searching for a complete end-to-end COVID-19 solution across all 50 states
The combined product offering featuring Loop’s end-to-end solution will focus on stadiums, hospitals, long-term care facilities, construction sites, HR administration, campuses, airlines, cruise ships, resorts, and government buildings
VANCOUVER, British Columbia, Oct. 27, 2020 — Loop Insights Inc. (MTRX:TSXV) (RACMF:OTCQB) (the “Company” or “Loop”) is pleased to announce that the company has signed a referral and partnership agreement with Summit Services Inc. dba Summit One Source (“Summit”) to provide a complete end-to-end integrated COVID-19 management solution consisting of rapid mobile testing, integrated lab results, and exposure alert notification capabilities.
Together with Summit, Loop Insights has established a comprehensive end-to-end testing and venue tracing solution that can be integrated into any physical environment, allowing organizations to safely reopen their facilities while reintroducing students, fans, or workers.
As part of the agreement with Summit, Loop’s AI-powered data platform will bring the ability to bridge siloed data between Summit’s existing clients. Additionally, Loop will utilize Summit’s partners to deliver one fully-integrated COVID-19 end-to-end product inclusive of:
Mobile Lab Testing
Rapid Testing
Venue Tracing
Data Management
Real-Time Exposure Alert Notifications
Custom Workplace Safety Protocol and Process Automation (XenonChex)
Role and Rule Based Workforce Management Software (XenonChex)
Digital Diagnostic Analysis, Dashboard Analytics, and Real-Time Results Review (iStoc)
Summit has brought together best in class providers while providing a unique approach to testing and leveraging technology to be as efficient as possible. As part of the partnership, Loop will be introducing both XenonChex and iStoc’s technology integration to our clients and partnerships. XenonChex automates the day-to-day tasks associated with ensuring business locations remain compliant and allowing oversight for management. XenonChex drives increased efficiency, improved performance, all while lowering cost. iStoc is the global leader in immediate diagnostics & analytics (IDA) of infectious diseases. Approved by FDA, CE, and HIPAA compliant, iStoc’s real-time dashboard decisioning leverages “big data” to enable comprehensive review and ensure a safer workplace.
Loop Insights now has the ability to offer rapid test and lab results to any organization searching for a complete end-to-end COVID-19 solution across all 50 states. The combined product offering featuring Loop’s end-to-end solution will focus on stadiums, hospitals, long-term care facilities, construction sites, HR administration, campuses, airlines, cruise ships, resorts, and government buildings.
Summit’s COO Emily Jones, stated, “Loop Insights’ venue tracing platform is the perfect complement to our best in class service offering. Our goal is to bring to market the tools and technology to enable our community to return safely to work and our children to a safe learning environment. We have listened to our client’s needs and feel that combining our technologies will allow us to provide the best available resources. Loop enhances our ability to provide full data connectivity across all of our partners during this critical time.”
As recent headlines have shown, air lines are the first industry adopting rapid testing to reduce or eliminate the need for 14-day quarantine periods. The travel sector has realized that industries need to adopt technology that can allow them to safely reopen in order for economic recovery to start. Loop has been actively involved in many conversations with not only airports and airlines but has been busy adding it’s integrated lab testing applications to bolster existing NCAA contracts.
The NCAA comprises 1,268 American colleges and universities, representing a portion of the 19.9 million American students that attended college in 2019. In an effort to help reopen American classrooms and sports facilities, Loop Insights is working with Summit to offer its end-to-end COVID-19 mitigation solution. In 2019, the NCAA schools reported annual revenue of $18.9 billion, with $10.8 billion originating from its athletic department.
Lack of End-to-End COVID-19 Management Solutions Continues to Cause Event Cancellations
As first reported by CBS Sports Matt Norlander , athletic organizations, including ESPN have been unable to safely reopen sports leagues without a complete end-to-end COVID-19 solution due to inflexibility and complications around testing protocols.
“We’ve decided to redirect our efforts to be sure the teams have enough time to make other plans,” said Clint Overby, vice president of ESPN Events. “At the end of the day our bias was toward safety and making sure that what we pulled off was in the best interests of the sport. In the absence of those things, we decided we’re better off letting schools do their own thing.”
Loop Insights will continue to establish a highly scalable, safe, and secure process that NCAA schools and other organizations can adopt and rely on in order to safely host future tournaments and events with confidence. The company’s platform can integrate any third-party data, allowing its venue tracing platform to include various protocols or mandates set out by participants or facilities in order to provide a unified, end-to-end venue tracing solution. Together with Summit’s on-site lab and testing services, Loop Insights’ platform allows large organizations like the NCAA to reopen athletic and academic facilities by providing guests with rapid testing and real-time results.
Loop Insights CEO Rob Anson stated: “Our objective has always been to help our customers transform their business. We have the ability to integrate with any testing platform globally in order to deliver a true turn-key, end-to-end COVID-19 management solution. With Summit, we saw an opportunity to provide the infrastructure to implement safe venue tracing and testing protocols.”
NCAA Schools Provide Huge Growth Opportunity for Loop
Loop’s venue tracing platform generates revenue through a software as a service (SaaS) and a cost per user model, which will allow the NCAA to scale across campuses and facilities quickly. Loop Insights has also established a revenue-sharing model based on marketing and brand sponsorship dollars that are generated on the Loop platform for those in attendance or at home.
About Summit Services, Inc dba Summit One Source:
Summit provides a full range of workforce management solutions to help companies and organizations with their most valuable asset: Their Employees. In an effort to provide innovative solutions to our clients we are continually adding new services and technology to our arsenal. In 2020 we focused on our clients first and their primary need to protect their employees and customers. Summit is committed to evolving with the challenges of today and the opportunities of tomorrow. Our nationwide footprint and expansive industry expertise will enable your company’s growth through any challenge.
About Loop Insights:
Loop Insights Inc. is a Vancouver-based Internet of Things (“IoT”) technology company that delivers transformative artificial intelligence (“AI”) automated marketing, contact tracing, and contactless solutions to the brick and mortar space. Its unique IoT device, Fobi, enables data connectivity across online and on-premise platforms to provide real-time, detailed insights and automated, personalized engagement. Its ability to integrate seamlessly into existing infrastructure, and customize campaigns according to each vertical, creates a highly scalable solution for its prospective global clients that span industries. Loop Insights operates in the telecom, casino gaming, sports and entertainment, hospitality, and retail industries, in Canada, the US, the UK, Latin America, Australia, Japan, and Indonesia. Loop’s products and services are backed by Amazon’s Partner Network and sold through the TELUS IoT Marketplace .
To learn more about Loop Insights’ venue tracing platform and how the company has leveraged the power of the AWS cloud to provide its venue tracing solutions, sign up for the October 29th webinar here: https://www.loopinsights.ai/webinar-sign-up/
This press release is available on the Loop Insights Verified Forum on AGORACOM for shareholder discussion, questions and engagement with management https://agoracom.com/ir/LoopInsights
This news release contains certain statements which constitute forward-looking statements or information. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Loop’s control, including the impact of general economic conditions, industry conditions, and competition from other industry participants, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Loop believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Loop does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Loop should be considered highly speculative. There can be no assurance that Loop will be able to achieve all or any of its proposed objectives.
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 release.
Posted by AGORACOM-JC
at 7:12 AM on Thursday, October 22nd, 2020
Amazon Web Services (AWS) and Loop Insights will be hosting an interactive webinar to showcase the Company ‘ s Venue Tracing Solution to a global audience on October 29th .
Amazon Web Services (AWS) Principal Solutions Architect Mike Apted and Loop Insights CEO Rob Anson will be co-hosting the event
Will provide invitees with a first hand and interactive experience of Loop ‘ s End-To-End Venue Tracing Platform
Will be an open invitation to all AWS and Loop partners from around the world from industries including but not limited to Airlines, Venue Owners, Sports & Entertainment, Telecom, and Government to learn about the technical, security, privacy, and commercial aspects of Loop ‘ s Venue Tracing Platform
VANCOUVER, BC , Oct. 22, 2020 – 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 contact tracing to the brick and mortar space, is pleased to announce that Amazon Web Services (AWS) and Loop Insights will be hosting an interactive webinar to showcase the Company ‘ s Venue Tracing Solution to a global audience on October 29th .
THE EVENT
Amazon Web Services (AWS) Principal Solutions Architect Mike Apted and Loop Insights CEO Rob Anson will be co-hosting the event, which will provide invitees with a first hand and interactive experience of Loop ‘ s End-To-End Venue Tracing Platform.
This will be an open invitation to all AWS and Loop partners from around the world from industries including but not limited to Airlines, Venue Owners, Sports & Entertainment, Telecom, and Government to learn about the technical, security, privacy, and commercial aspects of Loop ‘ s Venue Tracing Platform.
EVENT BUILDS ON AMAZON APPOINTMENT OF LOOP INSIGHTS TO PREFERRED PARTNER NETWORK INCLUDING 90% OF FORTUNE 100
On June 8, 2020 , Loop was accepted into Amazon Web Services Partner Network (APN), the global partner program for leading technology businesses from which more than 90% of Fortune 100 companies source their solutions and services.
Some of the benefits of the APN include networking opportunities to gain access to hundreds of ongoing AWS portfolios, as well as co-development projects and continued AWS resources that support product development, marketing, and sales.
With many if not most AWS business accounts facing significant economic challenges requiring solutions that can safely and effectively re-start normalized operations and financial recovery, Loop ‘ s APN status in conjunction with AWS position as a trusted source of solutions is expected to create both significant participation in the webcast and interested in Loop ‘ s Venue Tracing Platform.
Loop Insights CEO Rob Anson stated, ” The COVID-19 Pandemic has impacted the safety and financial security of people, businesses and governments across the planet. These entities look for solutions that can protect people, instill confidence, and get their economies open once again. AWS has provided us with the great technical support necessary to develop our Contactless Venue Tracing Platform and are now taking our APN Partner status a giant step forward by introducing our made in Canada solution to their incredible global audience. We look forward to giving all invitees an incredible demonstration.”
LOOP INSIGHT VENUE TRACING PLATFORM IS BUILT AND SUPPORTED BY AWS CLOUD INFRASTRUCTURE
Loop ‘ s Venue Tracing platform is clearly gaining recognition and third-party validation, including implementations with:
Major Las Vegas Hospitality Chains University of Houston ; NCAA #VegasBubble; and Most recently being accepted into the TELUS IoT Marketplace as ” one of the most advanced IoT business solutions in the world”
RECENTLY ANNOUNCED TRAVEL BUBBLE SOLUTION TO HELP SAVE $3.3 TRILLION IN POTENTIAL LOSSES FOR GLOBAL TOURISM
On October 19 , Loop announced a travel bubble solution to provide end-to-end protection for travelers and the international travel industry.
Without a solution to replace the drastic travel measures currently in place around the world, the United Nations Conference on Trade and Development (UNCTAD) reported that COVID-19 might cost the world tourism sector losses of US$ 3.3 trillion .
Specifically, as of today, travel restrictions by country are as follows:
The Travel Bubble solution is built on the following pillars:
Venue tracing Frequent testing with rapid results Real-time reporting to ensure the travel bubble provides end-to-end protection
It will be showcased in the presentation to serve as an example of Loop ‘ s ability to protect and re-open businesses, industries, and governments worldwide, including hospitality, education, sports & entertainment, and more.
This press release is available on the Loop Insights Verified Forum on AGORACOM for shareholder discussion, questions and engagement with management https://agoracom.com/ir/LoopInsights
About Loop Insights : Loop Insights Inc. is a Vancouver -based Internet of Things ( ” IoT”) technology company that delivers transformative artificial intelligence ( ” AI”) automated marketing, contact tracing, and contactless solutions to the brick and mortar space. Its unique IoT device, Fobi, enables data connectivity across online and on-premise platforms to provide real-time, detailed insights and automated, personalized engagement. Its ability to integrate seamlessly into existing infrastructure, and customize campaigns according to each vertical, creates a highly scalable solution for its prospective global clients that span industries. Loop Insights operates in the telecom, casino gaming, sports and entertainment, hospitality, and retail industries, in Canada , the US, the UK, Latin America , Australia , Japan , and Indonesia. Loop‘s products and services are backed by Amazon‘s Partner Network.
This news release contains certain statements which constitute forward-looking statements or information. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Loop’s control, including the impact of general economic conditions, industry conditions, and competition from other industry participants, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Loop believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Loop does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Loop should be considered highly speculative. There can be no assurance that Loop will be able to achieve all or any of its proposed objectives.
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 release.
Posted by AGORACOM-JC
at 7:19 AM on Wednesday, October 21st, 2020
Senior Vice President (SVP) of Business Development Mike Canevaro has been selected to lead a roundtable discussion at Shoptalk 2020 regarding the future of the brick and mortar retail space
Shoptalk is one of the world’s largest annual retail conferences where brands and consumers in the retail and eCommerce industry gather to network, collaborate, and learn
The three-day virtual conference is being held October 20th until Thursday, October 22 nd , 2020
VANCOUVER, British Columbia, Oct. 21, 2020 — Loop Insights Inc. (MTRX:TSXV OTCQB:RACMF) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (AI) to drive real-time insights, enhance customer engagement, and automate contact tracing to the brick and mortar space, is pleased to announce that Loop Insights Senior Vice President (SVP) of Business Development Mike Canevaro has been selected to lead a roundtable discussion at Shoptalk 2020 regarding the future of the brick and mortar retail space.
LOOP MEETING WITHFORTUNE 500 REPRESENTATIVES
Shoptalk is one of the world’s largest annual retail conferences where brands and consumers in the retail and eCommerce industry gather to network, collaborate, and learn. The three-day virtual conference is being held October 20th until Thursday, October 22 nd , 2020.
ShopTalk 2020 attendees include Fortune 500 executives from across the retail space, including Walmart, VISA, Nike and Carnival Corporation.
In addition to leading a roundtable, Canevaro is scheduled to meet with representatives from across the retail landscape, including Fortune 500 companies.
LOOP TO LEAD PRESENTATION ON TRANSFORMATION OF BRICK AND MORTAR SPACE THROUGH CONTACTLESS ENGAGEMENT
ShopTalk is designed to connect Fortune 500 companies, including major brick and mortar retailers, with the platforms and technologies capable of transforming the current retail landscape. Loop’s contactless engagement and insights platform allows Fortune 500 brick and mortar retailers to leverage the power of artificial intelligence to elevate the customer experience, and increase basket size and spend through personalized offers that will allow them to rival online retail giants.
Loop Insights SVP MikeCanevaro stated: “ShopTalk’s annual event is a major opportunity for retail stakeholders to come together to define the future of the industry. This year’s virtual event reflects the new landscape created by the COVID-19 pandemic, which has forced a digital transformation in the retail space. Loop is driving this transformation through its retail engagement, automated marketing, and AI-driven insights platform.”
Loop Insights Inc. is a Vancouver-based Internet of Things (“IoT”) technology company that delivers transformative artificial intelligence (“AI”) automated marketing, contact tracing, and contactless solutions to the brick and mortar space. Its unique IoT device, Fobi, enables data connectivity across online and on-premise platforms to provide real-time, detailed insights and automated, personalized engagement. Its ability to integrate seamlessly into existing infrastructure, and customize campaigns according to each vertical, creates a highly scalable solution for its prospective global clients that span industries. Loop Insights operates in the telecom, casino gaming, sports and entertainment, hospitality, and retail industries, in Canada, the US, the UK, Latin America, Australia, Japan, and Indonesia. Loop’s products and services are backed by Amazon’s Partner Network and sold through the TELUS IoT Marketplace.
AboutShopTalkMeetup:
More than 600 companies exhibit at and sponsor Shoptalk each year. This year’s Shoptalk Meetup is retail’s first digitally native event, offering a fun, productive way to connect online with the people you know and meet the people you don’t. Shoptalk Meetup features thousands of industry stakeholders available to share ideas and develop collaborative partnerships. The event includes both 15-minute meetings and 55-minute table discussions for high-priority connections in a friendly and open environment.
This news release contains certain statements which constitute forward-looking statements or information. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Loop’s control, including the impact of general economic conditions, industry conditions, and competition from other industry participants, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Loop believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Loop does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Loop should be considered highly speculative. There can be no assurance that Loop will be able to achieve all or any of its proposed objectives.
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 release.
Posted by AGORACOM-JC
at 11:30 AM on Tuesday, October 20th, 2020
Welcome to beyond the press release of production of AGORACOM which we speak the small cap executives right after they put up for news today we’ve got not 1 but 2 companies on Empower Clinics trade on the CSE and the stock symbol CBDT and the U. S. under EPWCF we got Steve McAuley of Empower Clinics for those who knew the story that’s gonna be a lot you can get a lot of market attention a vertically integrated health and wellness company their server database but 165,000 patients through clinics in the southwest US plus a telemedicine platform and a world class medical diagnostics lab more than just lip service they’ve out they’ve shown continued growth on patient revenue income side for Q. 4 Q. 1 Q. 2 the other company with us Loop Insights trades on the stock symbol M. T. R. X. and for friends the U. S RACMF a provider of contactless solutions and artificial intelligence to drive real time insights enhance customer engagement automated contact tracing to the brick and mortar space again more just lip service there they’ve had tremendous success also just recently announced a great agreement would tell us we’re going to resell their their products all over Canada Vegas bubble were gonna be providing venue tracing a contact based solutions as well as are a number of other ones they rob believe what you guys have been able to do in the last 30 days. The headline we’re talk about today these companies have combined venue tracing with Covid-19 expertise to create the first ever travel bubble solution for the global travel industry that’s set to lose 3B, gentleman welcome to the show. George thanks for having us. Guys this is a great press release in fact it’s almost unimaginable how big this is the 2 Canadian small cap covers gonna be able to tackle it before getting some the details you guys are 2 parts of this troubled solution so let’s walk through it briefly so people understand how this practically applies to the let’s start with the loop because you’re the front end facing part of the solution rob so maybe you can walk through that and they will move on to start a Steve on the Empower side with the Covid 19 testing part. Sure and and I’ll use the airline San Juan to Sam I guess with the cruise ships but. The challenge right now is our government needs to wake up I mean Dam they’re shutting down economies one of the only countries I’m not blaming Canada. But you know then to have no plan in place to eliminate the 14 day quarantine is absolutely absurd you know now there’s articles coming out that the Canadian government’s looking to buy a position. So I’m not really sure what agenda our government’s looking out for but it’s most definitely not about small business and that’s a fact so providing their lines the cruise ship the hospitality industry the ability to re open now is what Empower so in our case we have an end to end solution for tracing for payments for contactless engagement as we’ve talked about before when you add now the power of what Empower in the lab testing capabilities there is no need for 14 day quarantine. The minute that that you know person comes off the plane there’s ability now to have testing set out that complete security around all of the results and I have anonymity and what I mean by that is right now all of these news articles and I keep reading and on the on the radio on global too in other news at 90. It’s just a cry and it’s Hey we’ve had exposures come out by us and you know everyone just gets more anxious there’s no need for that with our platform the audience is 100 percent segmented and it’s only notified directly to your phone whether it’s an email a voice call whatever it may be there’s no need for this generalized red alert oh my goodness. Steve your side is the testing side which is easier obviously equally critical this because with loops are I’ve got on my phone it’s a wallet pass I can get on the plane I could be identified I can be alerted. Where does Empower fit in all this. Yeah this is this is a great partnership for us I mean we have been spending some time working with rob and his team going through the platform and understanding and I could tell you on this is state of the art technology on its effective but most importantly it’s simple and it’s it’s easy to use that’s functional so when we think about what our strengths are so think of the supply chain of testing so there’s the front and specimen collection however that might take place in and you’ve seen without prior releases you we are now you’re deep in our 4 stage national rollout of our testing platform but then the others great asset that we have in our books now is trying medical laboratory it has the capability of not only providing rapid tests are to be deployed at point of collection but also to do the back and PCR testing of which we can process for thousands of specimens per day right now that’s our current capacity so given the capacity that we have the scientific expertise having the ability to run the specimen collection at points all of us at that point all with the patients or the consumer might be and then combining with large testing capability we think putting the 2 yes assets together is it is a tremendous solution to help open up the economy and Steve you say simple and easy but that’s only because you made it simple and easy it’s not something very many companies can do don’t don’t sell yourself short that’s for sure. Rob I’m gonna go I’m gonna take a excerpt from the press release here because this is not just too small cap companies getting together and saying Hey let’s slop or solution together and see we can come up with a quote the company advises discussions are already underway with major airlines cruise ship operators and hotel rob can you give us a little bit of insight into what those conversations are looking like what the urgency is like and the acceptance of of this travel bubble solution. Sure it says its dynamic because there’s just so many so many challenges right now George we got boats that are traveling around the ocean empty you’ve got airlines that are struggling to gain confidence you’ve got people that are looking to go you know see family I mean I’ve I’ve got a buddy his you know down in the US is on his deathbed love not not nothing more to go see him but. 14 day quarantine. Like it’s it’s it’s asinine so the challenges are all everybody and it’s not just these these industries here the mom and pop grocery store and convenience store on the corner everyone has to remain remain open. Where where today in an article here with Steve is. To put a plan in place to present. Container again to the government to show them exactly now how we can reopen the private sector because right now putting your head in the sand sending everybody home for 2 weeks again in Toronto is doing anything that there’s still no good at all sell resulting in factors be there either protest mystery now people saying you were just not going to do it it is it’s nonsense and you know the next couple weeks here I think you’re absolutely imperative from government and to see someone stuff up Alberta is is starting to be some of that article when their health minister I mean they’re even more rougher shape so it’s not going anywhere putting that in the sense not solving anything so we’re providing them a turn key solution that starts that can be replicated over and over and over. So it’s not just airlines and cruise ship operators talk to but also governments that these discussions about it and if you don’t mind can you give us a sense for what those conversational like are they well advanced on the right the very beginning and what is what’s the what’s the excitement on the other side that you you guys may have a solution. Well I mean to be honest with you and of course I can’t say too much but that were way down the path we know that’s not a surprise to anyone you know they’re there the belief that the federal tracing apps gonna solve all the problems we know that’s not reality we all knew was gonna take a multitude of solutions and the private sector is going to play a big part of that I mean this this look back in time for decades and decades this is not a surprise to anyone so we’re way way down the path of the escalation of called it in phase 2 phase 3 depending upon how you’re talking to is here upon us and inevitable to grow look at the global numbers in the press release how many countries are shut down it’s not just here in Canada this is a global issue. On that note Steve there is also part of the press which word you guys make a joint statement says empower believe the travel bubble combination of frequent testing robots in national trade platform provides the antenna production nested to spark a strong global economic recovery I mean you know that’s all I’m gonna play devil’s advocate say that almost seems too good to be true but the fact of matter is someone has to save the day and someone has to save the world at the end of the day and looks like it it may be you guys can you speak more to that as to you know whether that’s done almost intimidate you as the as the size of the problem or your confidence level that yeah we can actually solve this. It did the size of the problem is has incredible magnitude it doesn’t necessarily intimidate us all we know we can’t solve every country’s problems are but we know that we can definitely get to private sector public sector and bring this solution to the table as as rob and I were discussing you know how to put an implementation plan in place yeah we quickly realized that we’re both having independent conversations with small medium and large entities and if we could cross reference those opportunities and bring in more viable young cohesive solution together because you need contact tracing and testing you know one without the other isn’t a complete solution so again it was really relatively obvious for us that if we can find a way to really collaborate and work together we got a fighting chance to make a difference and to make an impact we think we can make a scalable impact on to this right now it’s about getting awareness out but I can tell you that I go right from this call into a large group that owns elder care facilities in all the southwest United States there are thousands of patients and their families that are impacted just by this one conversation that I’m having rocks having the same conversations with large organizations like U. N. C. to weigh in and the tech bubble is coming up and will be on the bubble is coming up in Las Vegas we’ve already been in discussions with cruise lines we know that rob’s been in discussions with cruise lines so as your rob used the word dynamic a little bit earlier that’s what it’s like for us right now it’s it’s it’s kind of wild and dynamic and crazy but we’ve got a solution that we believe is extremely viable and is going to make an impact to getting this economy back up and running Hey rob is a tiny perfect here because if you guys try to you know do. This 6 months ago you would have had tell us third party validation the Vegas bubble for the NC double a the university of Houston Steve would have had the time to show Q. 4 Q. one Q. 2 growth the acquisition of this massive lab in Dallas Texas right in the heart of the medical world there so when you’re having these conversations how much does your success with some of these names come into play because I got assume that’s very important just can’t come along so we got a solution even if we have it. This that faith in conference might not be there but you guys have it because of you’ve got third party validation. What is time is everything in business and life and it’s much like our ticker symbol people always ask me what is matrix as evidence the watch the movie everything always happens for a reason and you know let’s say 7 not that I’m taking credit for you know cold it but its foresight around digital transformation and you know what without a transformative solution or future proof roadmap we’re gonna be hung out here high and dry for decades to come the financial burden that this is put on by the Canadian population areas it’s it’s still it’s sickening and then out there’s no need to go hire more people throw more money at it this is what artificial intelligence and automation is about. Is about machine learning it’s about managing these processes like we build here was Steve. It it’s it’s it’s a little frustrating they can tell their yeah I’d like to tell you are we all are on I’m glad yeah I think it right it is and you know right now is the perfect timing and like I said when. When when we get in these conversations we deliver and at the end of the day you know there’s a a global problem anyone just punching Covid-19 revolt protest whatever maybe I mean you see videos of you know cities burning burned down again I mean it’s it’s it’s rather alarming at its time here that groups like Empower and Lop come together and deliver something that’s. Black and white in front of them here we go Steve is it fair to say that in phase one. We’ll put their faith in government to do the right things and help us get through all this but now in phase 2 are you hearing from you know you are you said useful to cruise ship operates for example and many other major film studios I mean you you’re you’re you you’ve already announced testing for major film studio we already know that is it safe to say that enterprise is much more willing now in fact almost demanding that you guys come forth with the solution because they’ve lost the faith in government. Well I mean I think to keep in mind here the markets you know my current law on major markets are in the US and the US are doesn’t have a cohesive federal strategy to address these issues that we’re talking about right now even at the state level state by state their success or failures very dramatically but there is one consistency in the United States in all states the numbers are out of control again and they’re not getting worse they’re not getting better getting much worse for sure there is our first region there is dissent I’m at all levels and the other thing is happening now in the U. S. this is becoming a legal matter you know we see our society the U. S. as more litigious than perhaps we see back home here to Canada all but we’re we’re seeing and we’re hearing not and to go but we have have not see this going on is that employers are getting sued by employees if that employer is not demonstrating that they’re doing all they can to provide protect or provide health and safety not only for employees but for customers and vendors so you’ve got industries now that are all putting regulation and so if you take film and television you’ve got the screen actor’s guild who are dictating policy if you look at the cruise ship industry the our cruise line international H. R. association are established policies for cruise lines going forward which say all crew staff and passengers must produce a negative coping 19 task 5 days before boarding or they will not be able to board and indeed a very comprehensive contact tracing solution just to pull it all together make it work so is becoming regulated now whether. Federal government’s comment or state governments come in is almost irrelevant at NY times the big industries are now legislating themselves to bring these solutions to market. Hey Rob any decision like this still comes down ROI no matter what money still matters at the end of the day we know the bad though the losses are massive you gave in to you do you get anything stop the other day off on a call about just how much the Ontario or the Canadian government was losing from foreign students not being able to be here talk a little bit to that if you don’t mind and then does that mean does that give you guys pricing power down today because of the losses are so massive known to be bickering over cost they just want a solution to get back to business. Well most definitely I mean no matter what angle you look at it whether it’s from a federal government standpoint. The impact by not having students foreign students attending school in Canada this year will surpass 1B so just think about not just that’s just foreign students. Looking to still reside in Canada to go to university. The numbers are absolutely staggering. Sell side you know I said to you Hey George I can make your headache go away instantly across on $1000000 and look at the numbers you’ve got last. I mean. You know what is some of what is the what is the value that’s what someone’s willing to pay. And right now we’re we’re in a very strong position. And you know it’s the same side of it my my call before this one was one of the major universities in in the south we’re at 50 percent capacity for the ball season coming up. We have very limited revenue now because of it they’re all not just looking for today George in the US where we’re seeing these large enterprise organizations are looking for 2021-2022. 3 year roadmap because they understand this is not going anywhere just like 911 changed the way security and travel covid pandemic right now is forcing digital ID digital wallets and the complete end to end solution so you’re gonna see testing. I guarantee you you mark my words you will see testing in every major airport in our country in the next 6 months to one year. Do you think you guys play a major role in that Steve and rob do you guys think that you know if you’re able if you got this travel bubble that did you guys be a big part of that well I think part of it and once again I think that that’s the reason easy answer yes we’re going to be a part of this for sure you know the the the volume and scale this is substantial and to the extent that we can you know from a business perspective in our partnership I gain some of that market share then I think people are going to quickly realized that we have that capability we have the operational skill set we have the sciences and the diagnostic testing capability and we have an elegance A. I. driven solution for contact tracing so I definitely think that we can play a role in that part of it but as we’ve been discussing here there are so many large assets not for us to to talk about you know we together you know we are already you know independently talking to your division one universities and colleges in the states and their athletic programs you know some of these big division one colleges you know they have their generate in excess of $1B U. S. on their programs per year so that is a significant revenue that has been lost and they’re not going to regain it that’s read on walks so now is as we’re rob says. How are they going to plan to resolve this business problem that they have in years ahead there to figure out how to regain it in a safe and healthy manner again for all of the people who are in their system your players and coaches and staff but also the fans and without the fans attending then they really can’t generate the revenue streams that they they normally expect. Jets jets I know you both have I mean you’ve done it everyone a great service here by jumping on the middle day you both have hard stops in 2 minutes which is great because you speak to potential customers so rob maybe I’ll ask you is it is it safe to assume that you know you can expect to see some kind of uptake commercialization coming out of this. In the near future or is it still going to be up a long sales cycle in order to get this done. No I I think it’s it’s it’s very near I mean that. The the the thing that we’ve built here George this can be replicated in every city across the world I mean it’s it’s where our data platform that can connect to any lab testing group globally so doesn’t matter which government doesn’t matter it’s private sector independent whatever maybe and so now this is something like this said here that we are we see great opportunity and we’re going after. There’s so much more we could talk about we’re pretty sure the fact the took out your 20 minutes of your time you know the day congratulations. Pretty soon their future goes sounds like you’ve already got irons in the fire and not your some shareholder point of view but from a system point of view thanks to you guys have done so far and if you can really you know make this happen then you’re gonna be helping out everybody not just financial mental health stress anxiety all that so good luck to you guys and thanks for joining us right thank you George . you’ve been watching Steve McAauley of Empower clinics trades on the CSE and the stock symbol CBDT and for a friends of the US under EPWCF. likewise you been watching Rob Anson of Loop Insights trades of TSX venture exchange of the stock symbol MTRX go watch the matrix if you haven’t you can answer the question and for friends the U. S. RACMF thanks for joining us everyone have a great day see you next time.
Posted by AGORACOM-JC
at 5:06 PM on Monday, October 19th, 2020
The COVID-19 Pandemic has wreaked havoc on the global economy but perhaps no industry has suffered worse than the travel industry which could suffer an unfathomable loss of $US 3.3 TRILLION (Not A Typo) if it can’t find a practical solution to replace the shut down and / or quarantine measures mandated around the world. Specifically, as of today, travel restrictions by country are as follows:
58 countries are completely closed
124 countries are partially open with MANDATORY quarantine upon arrival
Unlike the restaurant business which can mitigate losses through alternative models such as take-out, delivery and outdoor patios, the travel industry has no mitigation solutions. Countries are either shut down or implementing such strict quarantine requirements that they might as well be shut down. The only solution is a complete solution that combines venue tracing, contact tracing and rapid testing to give government, airlines and cruise ships the comfort they need to know that travellers are not spreading COVID-19 to each other, or to other countries.
Loop Insights CEO, Rob Anson confirmed this when he said:
“We have heard from stakeholders in the entertainment, travel, and hospitality industries that have stressed the importance of an end-to-end integrated solution capable of protecting employees and customers to facilitate a safe economic recovery.”
As the front facing part of the Travel Bubble solution, Loop Insights is a powerful Artificial Intelligence company whose industry leading venue tracing has gained significant traction towards reopening the tourism, hospitality and entertainment industries in the United States with the likes of University of Houston and the NCAA Basketball #VegasBubble, as well as, recently being recognized by TELUS as one of the most advanced IoT solutions in the world for their customers.
EMPOWER CLINICS
Empower’s rapid antigen and antibody tests produce results in only 15 minutes, providing airlines, cruise ships and the 182 countries currently in full or partial shutdown with the safety and security necessary to fully reopen their borders to international travel. Moreover, Empower’s KAI Medical Laboratory is a high-complexity accredited laboratory that provides reliable and accurate testing solutions to enterprise level clients, including the gold standard COVID-19 RT-PCR testing with the capacity to process 4,000 tests per day. Empower recently announced a deal to provide a major film and television studio with 1,000 such tests.
Together, the two companies believe the Travel Bubble combination of frequent testing and a robust international tracing platform provides the end-to-end protection necessary to spark a strong global economic recovery.
Sounds too good to be true? Both companies still have to execute but they advise that advanced discussions are already underway with major airlines, cruise ship companies and hotel operators.
Watch or listen to this powerful interview with Empower CEO, Steve McAuley and Loop CEO, Rob Anson to learn more about their potential game changing Travel Bubble solution.
Posted by AGORACOM-JC
at 7:21 AM on Monday, October 19th, 2020
Partnership to provide an end-to-end COVID-19 mitigation solution complete with venue tracing, real-time automated guest exposure notifications, and frequent testing with rapid results in 15 minutes.
Together, Loop and Empower have created a system built on the pillars of:
Venue tracing
Frequent testing with rapid results
Real-time reporting to ensure the travel bubble provides end-to-end protection
VANCOUVER, British Columbia, Oct. 19, 2020 — 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 contact tracing to the brick and mortar space, is pleased to announce a partnership with Empower Clinics (CBDT:CSE) (EPWCF:OTC) (8EC:FRA) to provide an end-to-end COVID-19 mitigation solution complete with venue tracing, real-time automated guest exposure notifications, and frequent testing with rapid results in 15 minutes.
TRAVEL BUBBLE SOLUTION SOLVES CURRENT QUARANTINE REQUIREMENTS THAT ARE SHUTTING DOWN INTERNATIONAL TRAVEL As a result of the COVID-19 Pandemic, mandatory 14 day quarantine periods, and the lack of any travel bubble solutions that could reliably track and mitigate the global spread of the virus by plane or cruise ship, countries have been forced to take drastic measures that are leading to significant damage of the global travel industry.
Specifically, as of today, travel restrictions by country are as follows:
58 countries are completely closed
124 countries are partially open with MANDATORY quarantine upon arrival
Together, Loop and Empower have created a system built on the pillars of:
Venue tracing
Frequent testing with rapid results
Real-time reporting to ensure the travel bubble provides end-to-end protection
Empower’s rapid antigen and antibody tests produce results in only 15 minutes, providing airlines, cruise ships, and the 182 countries currently in full or partial shutdown with the safety and security necessary to reopen their borders to international travel fully.
Moreover, Empower owns KAI Medical Laboratory, a high-complexity CLIA and COLA accredited laboratory that provides reliable and accurate testing solutions to enterprise level clients, hospitals, medical clinics, pharmacies, and employer groups.
KAI has taken an active role in COVID-19 testing, battling the pandemic through RT-PCR testing and serology testing with the capacity to process 4,000 RT-PCR test specimens per day. COVID-19 RT-PCR testing is the gold standard due to its high degree of accuracy and will play an important role in the Travel Bubble solution.
As the front-facing part of the Travel Bubble solution, Loop Insights is a powerful Artificial Intelligence company whose industry-leading venue tracing has gained significant traction towards reopening the tourism, hospitality, and entertainment industries in the United States with the likes of University of Houston and the NCAA Basketball #VegasBubble, as well as, recently being recognized by TELUS as one of the most advanced IoT solutions in the world for their customers.
Loop Insights CEO Rob Anson stated: “We have heard from stakeholders in the entertainment, travel, and hospitality industries that have stressed the importance of an end-to-end integrated solution capable of protecting employees and customers to facilitate a safe economic recovery. In partnership with Empower’s rapid testing technology, Loop has established a comprehensive solution capable of establishing a travel bubble and reopening a significant portion of the global economy.”
Steven McAuley, Chairman and CEO of Empower Clinics, stated: “As we expand our efforts on the Get Back To Work testing initiative, it has become apparent that businesses of all types, large or small, private or public sector require not only fast and accurate COVID-19 testing, but also a comprehensive solution for contact tracing. Establishing a partnership with Loop, working with the RT-PCR and rapid testing capabilities of Kai Medical, allows our companies together to establish a safe and viable economic recovery solution.”
AIR CANADA ADVOCATES FOR TEST-BASED APPROACH AND DROPPING 14-DAY MANDATORY QUARANTINE The Travel Bubble solution comes at a time when both major industry participants and economic experts are calling for solutions beyond quarantining to reopen industries and stave off economic collapse.
On October 6th, Air Canada (AC:TSX) (ACDVF:OTCQX) called for increased testing in lieu of mandatory quarantine periods,
“We believe that a test-based strategy may be a safe alternative to the 14-day quarantine.”
On October 15, 2020 a panel of Canadian economists proclaimed the “economy must remain open despite second wave” or suffer the very likely outcome of bankruptcies and business closures “with hospitality, travel and tourism set for the harshest impact.”
By providing testing, tracking, and real-time reporting, Loop and Empower have created a safe and secure Travel Bubble solution to allow enterprise level businesses to return to full operations, particularly those in the hospitality, travel, and live entertainment industries.
Without a solution to replace the drastic travel measures currently in place around the world, the United Nations Conference on Trade and Development (UNCTAD) reported that COVID-19 may cost the world tourism sector losses of US$ 3.3 trillion.
In Canada alone, according to Statista, the Canadian tourism industry contributed close to $40 billion to the economy in 2019. This year, the COVID-19 pandemic has had devastating consequences for the industry.
Loop and Empower believe the Travel Bubble combination of frequent testing and a robust international tracing platform provides the end-to-end protection necessary to spark a strong global economic recovery.
This press release is available on the Loop Insights Verified Forum on AGORACOM for shareholder discussion, questions and engagement with management https://agoracom.com/ir/LoopInsights
About Empower:
Empower is creating a network of physicians and practitioners who integrate to serve patient needs, in-clinic, through telemedicine, and with decentralized mobile delivery. A simplified, streamlined care model bringing key attributes of the healthcare supply chain together, always focused on patient experience. The Company provides COVID-19 testing services to consumers and businesses as part of a four-phased nationwide testing initiative. Empower recently acquired Kai Medical Laboratory, LLC as a wholly-owned subsidiary with large-scale testing capability.
About Loop Insights:
Loop Insights Inc. is a Vancouver-based Internet of Things (“IoT”) technology company that delivers transformative artificial intelligence (“AI”) automated marketing, contact tracing, and contactless solutions to the brick and mortar space. Its unique IoT device, Fobi, enables data connectivity across online and on-premise platforms to provide real-time, detailed insights and automated, personalized engagement. Its ability to integrate seamlessly into existing infrastructure, and customize campaigns according to each vertical, creates a highly scalable solution for its prospective global clients that span industries. Loop Insights operates in the telecom, casino gaming, sports and entertainment, hospitality, and retail industries, in Canada, the US, the UK, Latin America, Australia, Japan, and Indonesia. Loop’s products and services are backed by Amazon’s Partner Network and sold through the TELUS IoT Marketplace.
This news release contains certain statements which constitute forward-looking statements or information. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Loop’s control, including the impact of general economic conditions, industry conditions, and competition from other industry participants, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Loop believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Loop does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Loop should be considered highly speculative. There can be no assurance that Loop will be able to achieve all or any of its proposed objectives.
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 release.
