Posted by AGORACOM-JC
at 7:13 AM on Monday, March 29th, 2021
Announced the signing of a definitive agreement to acquire Mediahelden GmbH, d/b/a Passcreator
Based in Munich, Germany, Passcreator is a leading European digital wallet and mobile marketing company with Tier-1 clients such as Mercedes-Benz and BMW
VANCOUVER, British Columbia, March 29, 2021 — Loop Insights Inc. (MTRX:TSXV) (RACMF:OTCQB) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights and enhanced customer engagement to the brick and mortar space, is pleased to announce the signing of a definitive agreement to acquire Mediahelden GmbH, d/b/a Passcreator (“Passcreator”) (the “Transaction”). Based in Munich, Germany, Passcreator is a leading European digital wallet and mobile marketing company with Tier-1 clients such as Mercedes-Benz and BMW
$2,000,000 Acquisition of Passcreator to Provide Loop with Complete Control Over Its Wallet Pass Technology in Anticipation of Upcoming Major Business Developments
The Passcreator mobile wallet pass is built on Android and iOS Wallet pass technology. By acquiring Passcreator, Loop will vertically integrate its Wallet pass capabilities, as well as, gain access to Passcreator’s clients such as BMW and Mercedes Benz.
With this acquisition, Loop is taking its technology stack to the next level by both incorporating the Passcreator team and taking full control of its Wallet pass technology in anticipation of Loop’s next stage of significantly larger business developments. Specifically, significant interest garnered in the US, UK and European markets dictates that Loop secures and directly manages the further development of Passcreator’s Wallet Pass platform, which is able to deploy rapidly and at scale in up to 40 languages.
Loop Insights CEO, Rob Anson stated “In our December 2020 review I stated that Loop was very confident that significant developments would take place in 2021 that would see Loop grow by several magnitudes over 2020. With the first quarter of 2021 now complete, with some major pilot tests announced and a major pipeline shaping up, we have good reason to believe in the potential for significant developments in the UK, Europe, and globally. As such, our Passcreator acquisition is perfect in terms of both timing and fit with Loop’s technology to close on upcoming major developments. Moreover, I expect Passcreator itself to contribute significant revenue to Loop in 2021 and well beyond.”
Passcreator CEO, Mario C.G. Juhnke stated “We believe that the merging of two very proven technology companies will greatly accelerate further development and synergistic growth. Furthermore, the bridging of the markets of both Loop and Passcreator will serve to improve market resiliency and bolster confidence in the future.”
Tags: AI, Amazon, artificial intelligence, Big data, covid19, NCAA, small cap, small cap stocks Posted in All Recent Posts, Loop Insights Inc. | Comments Off on Loop Insights $MTRX $RACMF Announces Definitive Agreement To Complete $2,000,000 Acquisition Of Passcreator, A Leading European Digital Wallet And Mobile Marketing Company With Tier-1 Global Clients, In Anticipation Of Upcoming Major Business Developments $AT.ca $QTRH.ca $SNSR $BSQR $PTS.ca
Posted by AGORACOM
at 1:21 PM on Tuesday, March 23rd, 2021
*Smart IoT makes high-quality, custom sensors or Long Range data collection
*CEO Jean Charles Phaneuf says, “Smart IoT is another building block in our Smart Connected Spaces strategy. Joining our forces gives us leverage to increase our footprint and growth plans.”
VANCOUVER, BC, March 23, 2021 /CNW/ – Carl Data Solutions Inc. (CSE:CRL) (FSE:7C5) (OTC:CDTAF) (“Carl Data” or the “Company”), a developer of Big-Data-as-a-Service (“BDaaS”)-based solutions for data integration, business intelligence and Industrial Internet-of-Things (“IIoT”) applications, has partnered with Smart IoT Technologies Inc. (“Smart IoT”) in an effort to provide high-value Environmental Monitoring as a Service (“EMaaS”) to their customers. This is a preferred supplier agreement, where Smart IoT Technologies will provide custom sensor development to complement Carl’s existing data analytic technology.
CEO Jean Charles Phaneuf says, “Smart IoT is another building block in our Smart Connected Spaces strategy. Joining our forces gives us leverage to increase our footprint and growth plans.”
Smart IoT Technologies specializes in manufacturing high-quality, custom sensors used for Long Range data collection (LoRa). By partnering with Carl Data, these sensors will be used to complement our existing suite of data collection technology and networks and expand into new markets. This strategic partnership will focus on growing the business in the Environmental Monitoring as a Service space.
LoRa technology is becoming increasingly popular, not only in the Environmental Monitoring as a Service industry but also by developers and integrators in different Smartcity market segments.
Yves Salembier of Carl Data states, “Demand for Environmental Monitoring as a Service constantly increases; as part of our ecosystem for air and water monitoring, we see the partnership with Smart IoT as a much-needed step up in the EMaaS value chain. Their device expertise combined with our time-series and AI/Machine Learning is a winning synthesis.”
Jimmy Jin, VP Operations from Smart IoT Technologies says, “This partnership bodes well for the future; we see significant opportunities in fusing our IoT device manufacturing and engineering with their time-series, real-time data analytics and AI capabilities. It is an end-to-end enabler for not only EMaaS but across multiple markets.”
The partnership will bring long-term growth opportunities for both companies as their technologies and service offerings continue to evolve.
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 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 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-JC
at 5:36 PM on Tuesday, March 9th, 2021
Loop Insights was selected by bdG Sports to provide its venue management platform to the Big West Conference Men’s and Women’s Basketball Championships being held March 9-13, 2021 at the Mandalay Bay Events Center in Las Vegas.
bdG Sports CEO Brooks Downing stated: “Following the success of the Gulf Coast Showcase and the Vegas Main Event, Loop Insights was the obvious choice to provide its venue management platform to the Big West Championships at the Mandalay Bay in Las Vegas. We look forward to continuing our partnership with Loop Insights as we continue to provide safe and secure venues for NCAA athletes as they demonstrate their skills in preparation for the NCAA’s March Madness tournament.”
Loop Insights CEO Rob Anson stated: “Loop Insights is proud to be selected once again as the venue management provider for bdG Sports and the Big West Conference Championships. The successful deployments of our venue management platform at the Gulf Coast Showcase and Vegas Main Event clearly demonstrate our ability to secure any venue through our complete end-to-end venue management solution. We look forward to working with bdG Sports once again to protect NCAA athletes, coaches, and staff.”
Watch this powerful interview with Loop Insights CEO Rob Anson and bdG Sports CEO Brooks Downing.
