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Loop Insights $MTRX.ca Selected as the Premier Venue Tracing and Fan Engagement Solution for NCAA College Basketball “Bubble” in Las Vegas $RACMF $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 7:19 AM on Thursday, October 8th, 2020
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  • Announced the signing of its first deal with partner bdG Sports to provide venue tracing and enhanced fan engagement solutions for its #VegasBubble, which will feature NCAA Division I men’s and women’s basketball when the new season launches next month
  • bdG, one of the nation’s leading content providers in college basketball programming, is playing host to multiple men’s and women’s college basketball tournaments as well as non-conference matchups and opportunities for additional regular-season games
  • Labeled the “#VegasBubble,” bdG has worked closely with MGM Resorts to establish comprehensive health and safety protocols for its participants, officials, and game operations personnel with Loop’s venue tracing platform anchoring the overall plan
  • Games are to be played at MGM Grand Garden Arena, Mandalay Bay Events Center, and T-Mobile Arena between November 25 and December 22, 2020, in Las Vegas

VANCOUVER, BC, Oct. 8, 2020 – Loop Insights Inc. (TSXV: MTRX) (OTCQB: RACMF) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive automated marketing, venue tracing, and contactless solutions to the brick and mortar space, announces the signing of its first deal with partner bdG Sports (“bdG”) to provide venue tracing and enhanced fan engagement solutions for its #VegasBubble, which will feature NCAA Division I men’s and women’s basketball when the new season launches next month.

LOOP ALLOWS #VEGASBUBBLE TO ACHIEVE CONTACTLESS AND CASHLESS GOALS TOWARD ECONOMIC RECOVERY FOR LAS VEGAS

The global pandemic has overturned nearly every team’s schedule for the upcoming season. It has created the need for an easily accessible destination location where teams can play under the same health and safety protocols. In response to the revised NCAA Division I 2020-21 season, bdG, one of the nation’s leading content providers in college basketball programming, is playing host to multiple men’s and women’s college basketball tournaments as well as non-conference matchups and opportunities for additional regular-season games.

Labeled the “#VegasBubble,” bdG has worked closely with MGM Resorts to establish comprehensive health and safety protocols for its participants, officials, and game operations personnel with Loop’s venue tracing platform anchoring the overall plan. Games are to be played at MGM Grand Garden Arena, Mandalay Bay Events Center, and T-Mobile Arena between November 25 and December 22, 2020, in Las Vegas.

“Our No. 1 priority in offering up a safe and secure environment for our teams was to have a robust safety plan,” said Brooks Downing, CEO of Kentucky-based bdG Sports. “And as a complementary asset to our testing that we are planning to implement is Loop Insight’s venue tracing. It’s easy to implement and will help ensure that our teams will be safe and secure whether they are in the resort or the gym.”

The added layer of protection requires no app download and only a tap of the user’s device to check-in for protection and alerts. Loop’s SmarTap devices will be installed to log every individual that enters the convention center’s team areas, practice sites, and the arenas. Each individual will check-in using their Loop provided contact tracing wallet pass. In the case a person tests positive during one of bdG’s COVID-19 tests, Loop’s solution allows event staff to quickly identify individuals in proximity to that person and isolate potentially infected individuals as soon as possible for follow-up testing.

Moreover, Loop’s contactless ticketing solution will add a further layer of protection by removing the manual processes associated with ticketing, while also delivering artificial intelligence marketing solutions. This will provide real-time personalized promotions and targeted engagement that reinvent the live fan experience.

“Interest in Loop’s integrated contactless platform by NCAA Division I conferences, schools, and now events have been significant over the past couple of months as they desperately search for best of breed solutions that will allow them to safely restart operations and generate revenue,” said Rob Anson, CEO of Loop Insights. “Being selected for the Vegas bubble is more validation and another major opportunity for Loop to showcase our contactless capabilities on a large-scale project with a global audience. With this agreement, it is fair to say that Loop continues to be the leader in live venue contactless technology.”

CHANNEL RESELLER PARTNERSHIP WITH BDG SPORTS YIELDS IMMEDIATE BIG RESULTS

On August 13, Loop announced a channel reseller partnership with bdG Sports, a leading representation, event management, and public relations firm operating within the global sports marketing industry. bdG Sports is one of the largest college basketball content providers in the United States, having managed NCAA Division I tournaments across North America, including destination tournaments in Southwest Florida, Las Vegas, Canada, and The Bahamas.

Additionally, bdG manages two professional golf tournaments on the Korn Ferry Tour in the Caribbean and has an extensive background with both the LPGA and PGA TOUR. The firm boasts relationships with brands such as Nike, ESPN, Gatorade, and MGM Resorts International. As a result of COVID-19, these staple events and many other bdG events have been disrupted, with no plans for commencement without a solution for fans, athletes, and staff’s safety.

The partnership’s purpose is for Loop’s contactless tracing & ticketing solution to provide bdG sporting events with an opportunity to commence and provide economic recovery for clients. This first and significant announcement to implement Loop into bdG’s #VegasBubble in just 45 days into the partnership is a powerful testimony to the need for Loop’s contactless solution capabilities.

Brooks Downing states, “many, within our extensive network of business, are desperately searching for innovative solutions that will allow them the opportunity to support a safe environment for fans, staff, and athletes, but also optimize their revenue streams that warrant the restart of operations. Loop effectively solves both of these problems with its leading venue tracing solution, which will provide the confidence needed as teams decide to restart their schedules. And while this tool will allow fans to return to events, Loop’s contactless, artificial intelligence marketing solutions will provide personalized promotions and targeted engagement, leading to higher conversions and transaction revenue at all events. This level of personalized omnichannel marketing is incredibly valuable for our clients’ resumption plans.”

BDG PROVIDES DIRECT ACCESS TO ITS LIVE GLOBAL SPORTING EVENTS AND ITS LARGE NETWORK OF CLIENTS WITHIN NBA, NHL, NCAA, AND PROFESSIONAL GOLF

In addition to implementing Loop’s contact tracing product into its current and future events, bdG Sports also plays host to major global sports events and will be implementing Loop’s solutions. Additionally, bdG will represent Loop as a reseller to its current and future clients and enables direct access to the bdG Sports’ client base, which the Company anticipates will accelerate its growth opportunities in the sports industry.

“This is a major opportunity for Loop as live event operators are looking for two things that we can immediately solve: first, they are desperately looking to safely re-open facilities in efforts to save their respective seasons, and secondly, they are looking for new line revenue opportunities to offset the losses from reduced fan capacity in stadium,” Anson said.

Watch Loop CEO, Rob Anson and bdG Sports CEO, Brooks Downing discuss their new partnership https://youtu.be/cL5wfYNO-Qs

This Press Release Is Available On The Loop Insights Verified Forum On AGORACOM For Shareholder Discussion and Q&A https://agoracom.com/ir/LoopInsights/forums/discussion

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.

Forward-Looking Statements/Information:

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.

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Posted in All Recent Posts, Featured, Loop Insights Inc. | Comments Off on Loop Insights $MTRX.ca Selected as the Premier Venue Tracing and Fan Engagement Solution for NCAA College Basketball “Bubble” in Las Vegas $RACMF $QUIS.ca $MCLD.ca $NXO.ca

Loop Insights $MTRX.ca Enters Into Agreement for Intellectual Property Acquisition of Global Location Data Intelligence Company Locally.io $RACMF $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 7:14 AM on Wednesday, October 7th, 2020
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  • Entered into an agreement to acquire the intellectual property assets of Digital2Go Media Networks, Inc., d/b/a Locally.io, a global leader in location data intelligence and real-time consumer engagement
  • With over 50 billion location signals collected so far, Locally has helped well-known brands and companies such as Ford, BMW, Wyndham Resorts, Calvin Klein, Kroger, Chipotle, Napa Auto Parts, 7-11 access deep consumer behavioral insights across all their verticals. 
  • The Locally solutions help businesses connect their physical and digital worlds by providing mobile location insights and marketing integration capabilities

VANCOUVER, British Columbia, Oct. 07, 2020 — Loop Insights Inc. (MTRX:TSX.V RACMF:OTCQB) (the “Company” or “Loop”) a provider of contactless solutions and artificial intelligence (“AI”) to drive automated marketing, venue tracing, and contactless solutions to the brick and mortar space, announces that it has entered into an agreement to acquire the intellectual property (“IP”) assets (the “Agreement”) of Digital2Go Media Networks, Inc., d/b/a Locally.io (the “Vendor” or “Locally”), a global leader in location data intelligence and real-time consumer engagement.

Locally had established itself as a premier provider of location and human movement intelligence data. The Locally solutions help businesses connect their physical and digital worlds by providing mobile location insights and marketing integration capabilities. With over 50 billion location signals collected so far, Locally has helped well-known brands and companies such as Ford, BMW, Wyndham Resorts, Calvin Klein, Kroger, Chipotle, Napa Auto Parts, 7-11 access deep consumer behavioral insights across all their verticals. 

THE LOCALLY IP ACQUISITION TO POSITION LOOP AS A LEADER IN ONLINE AND ON-PREMISE REAL-TIME DATA MONETIZATION 

By combining the Loop and Locally technology stacks, existing and future Loop customers will benefit from enhanced location and mobile data insights, additional targeted marketing capabilities, and new revenue streams via data monetization with brands, marketers, large enterprises, financial institutions, and more. Additionally, the worldwide COVID19 pandemic has driven incredible demand for such location intelligence capabilities to inform contact tracing, safety and security protocols, and reopening of business across all verticals. 

LOOP TO REMAIN ON THE OFFENCE AS A RESULT OF STRONG CASH POSITION

As a result of COVID19, many tech companies have struggled to raise capital. Loop has greatly benefited from two successful completions of private placements and has further bolstered its cash position through the most recent exercise of warrants. Loop is extremely well positioned and is currently exploring multiple other merger and acquisition opportunities to expand new revenue channels. 

Rob Anson, Loop’s President & CEO, comments: “The Locally IP acquisition is a significant strategic move as the company continues to build our Loop Data Exchange. The acquisition significantly reduces the company’s timing and cost of development. The Loop Data Exchange will enable the company to benefit from substantial revenues by monetizing Loop’s current bricks and mortar retail data to 3rd party e-commerce companies such as Amazon, Google, and Facebook.

The combination of retail transaction insights plus location data has a real measurable value that will offer new and increased revenue streams for Loop when productized. We are excited to complete this transaction, and we believe Loop shareholders will benefit from a new and very compelling asset that we expect will contribute significant value to the company.”

As part of the transaction, Locally founder and former CEO, Michael Canevaro, will join Loop as the SVP of Business Development and Partnerships. Mike’s impressive background will help further establish Loop as one of the leading disruptive AI Companies in the broader US marketplace. 

TERMS OF THE DEAL

In consideration for the purchase and sale of the Purchased Assets, Loop will pay to, or to the direction of, the Vendor $199,500 payable by the issuance of 554,166 common shares in the capital of Loop (“Payment Shares”) at a deemed price of $0.36 per Payment Share upon the date of closing of the Acquisition (“Closing Date”), subject to the Escrow Conditions (as defined below).

100% of the Payment Shares (being 554,166 Payment Shares) shall be released from escrow on the date that is six (6) months and one (1) day following the Closing Date. Terms of the agreement will be subject to approval by both Locally and Loop Insight’s board of directors as well as regulatory and TSXV approval.

This Press Release Is Available On The Loop Insights Verified Forum On AGORACOM For Shareholder Discussion and Q&A at: https://agoracom.com/ir/LoopInsights/forums/discussion

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.

For more information, please contact: 
 
Loop Insights Inc.LOOP Website: www.loopinsights.ai 
Rob Anson, CEOFacebook: @LoopInsights 
T: +1 877-754-5336 Ext. 4Twitter: @LoopInsights
E: [email protected]LinkedIn: @LoopInsights 

Forward-Looking Statements/Information: 

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.

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Posted in Featured, Loop Insights Inc. | Comments Off on Loop Insights $MTRX.ca Enters Into Agreement for Intellectual Property Acquisition of Global Location Data Intelligence Company Locally.io $RACMF $QUIS.ca $MCLD.ca $NXO.ca

Loop Insights $MTRX.ca Files Provisional Patents And Trademark Registries For Venue Tracing And #Contactless Solution Applications In Wake Of Growing Demand $RACMF $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 7:15 AM on Monday, October 5th, 2020
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  • Announces the filing of provisional patent applications and various Trademark Registries for its contactless data applications
  • The filings come in the wake of both actual integrations with globally renowned customers and a substantial increase in demand from various verticals, including college sports, professional sports, hotels, TV & movie productions, and hospitality & entertainment, amongst others

VANCOUVER, British Columbia, Oct. 05, 2020  — Loop Insights Inc. (MTRX:TSXV OTCQB:RACMF) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive automated marketing, contact tracing, and contactless solutions to the brick and mortar space, announces the filing of provisional patent applications and various Trademark Registries for its contactless data applications. The filings come in the wake of both actual integrations with globally renowned customers and a substantial increase in demand from various verticals, including college sports, professional sports, hotels, TV & movie productions, and hospitality & entertainment, amongst others.

Loop’s venue tracing platform is unique in that it requires no app download and only a tap of the user’s device to check-in for protection and alerts. Loop’s SmarTap devices are installed at multiple points to log every individual that enters a venue by check-in using the Loop contact tracing wallet pass. Loop’s solution allows venue staff to quickly identify individuals that were in proximity to any infected person and isolate potentially infected individuals as quickly as possible for follow-up testing.

Moreover, Loop’s contactless ticketing and e-commerce solution adds a further layer of protection by removing this very manual process, while also delivering artificial intelligence driven marketing solutions to provide real-time personalized promotions and targeted engagement that reinvent the live customer experience.

As a result, Loop’s venue tracing and contactless solutions platform provides live event operators with the ability to safely reopen by transforming their venues into 100% digital and cashless environments with contactless entry, contactless payments, and never before seen customer engagement that not only resumes revenue-generating operations but expand them.

Rob Anson, CEO of Loop Insights, stated, “Interest in Loop’s integrated contactless platform for tracing, ticketing, targeting, and engagement by live event operators has been significant over the past couple of months as they desperately search for best of breed solutions that will allow them to safely restart operations and generate much needed revenue. Our turnkey contactless solutions platform has turned a lot of heads around the world, and we intend to capitalize on this opportunity, given how well-positioned we are to become a global leader.”

This Press Release Is Available On The Loop Insights Verified Forum On AGORACOM For Shareholder Discussion and Q&A https://agoracom.com/ir/LoopInsights/forums/discussion

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.

For more information, please contact:
Loop Insights Inc.LOOP Website: www.loopinsights.ai
Rob Anson, CEOFacebook: @ LoopInsights
T: +1 877-754-5336 Ext. 4Twitter: @ LoopInsights
E: [email protected]LinkedIn: @ LoopInsights
  

Forward-Looking Statements/Information:

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.

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Posted in All Recent Posts, Featured, Loop Insights Inc. | Comments Off on Loop Insights $MTRX.ca Files Provisional Patents And Trademark Registries For Venue Tracing And #Contactless Solution Applications In Wake Of Growing Demand $RACMF $QUIS.ca $MCLD.ca $NXO.ca

Loop Insights $MTRX.ca Signs $1,930,000 USD License Deal with Austin, TX Based CasaPerks $RACMF $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 7:10 AM on Monday, September 28th, 2020
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  • Announced short form agreement to grant Austin, TX based startup CasaPerks LLC a non-exclusive license to use various aspects of Loop’s technology in return for $1,930,000 in cash and shares
  • CasaPerks is a property technology, or “proptech”, startup from Austin, Texas
  • As part of this multi-pronged approach, CasaPerks will provide both reward (i.e points) and fintech layers (i.e. car payments) that will require the artificial intelligence capabilities of Loop to optimize and maximize a target market that includes 79.5 million renters in 14.1 million units

VANCOUVER, BC , Sept. 28, 2020 – Loop Insights Inc. (TSXV: MTRX) (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 the signing of a short form agreement to grant Austin, TX based startup CasaPerks LLC (“CasaPerks”) a non-exclusive license to use various aspects of Loop’s technology in return for $1,930,000 in cash and shares.

CASAPERKS SOLUTION FOR THE PROPTECH MARKET COMBINED WITH LOOP ARTIFICIAL INTELLIGENCE CREATES POWERFUL, DISRUPTIVE OFFERING

CasaPerks is a property technology, or “proptech”, startup from Austin, Texas . Proptech is a very fast-growing space and CasaPerks is on its cutting edge, creating a multi-pronged solution specifically for the commercial real estate industry. For the property operator, CasaPerks will help drive revenues and significantly reduce costs, while for the resident it will greatly enhance the overall living experience.

As part of this multi-pronged approach, CasaPerks will provide both reward (i.e points) and fintech layers (i.e. car payments) that will require the artificial intelligence capabilities of Loop to optimize and maximize a target market that includes 79.5 million renters in 14.1 million units. Loop Technologies included in the license are as follows:

  • AI Data Insights Portal;
  • Smartapp Check-in technology;
  • Digital Wallet Pass Technology

Loop Insights CEO Rob Anson stated, “I am very excited about the path and direction of CasaPerks, which is led by Kevin Bradt , whose track record of success speaks for itself. CasaPerks’ major disruptive strategy, which now creates a return on rental investment, is a major paradigm shift in the entire sector’s core value proposition. Combined with our AI & Big Data Solutions, CasaPerks’ loyalty rewards and Fintech will result in a very powerful product offering. COVID-19 has accelerated the necessity for mobile commerce in every vertical, and CasaPerks is now set to quickly become the new standard for the industry.”

DISRUPTIVE OFFERING PROVIDES MASSIVE POTENTIAL UPSIDE AS “PROPTECH” GROWS UNDER COVID-19

The last couple of years have seen the emergence of proptech, which is applying information technology and platform economics to streamline and modernize the cumbersome process of browsing, building, and transacting in real estate.

In 2019 alone, upwards of $16 billion USD in venture capital flowed into proptech startups (according to data from Crunchbase and Pitchbook), clearly demonstrating that VC’s “are turning to proptech for returns and disruption on a global scale”.

The advent of COVD-19 has only further accelerated the need for proptech applications from Hedge Funds, Pension Funds and owners who have seen significant disruption in their investments and look to new revenue models and opportunities.

LICENSING AGREEMENT CREATES “A.I. PROPTECH” FOR GLOBAL SCALE

The CasaPerks platform infused with Loop Insights technology represents the dawn of Artificially Intelligent property technology that delivers an entirely new experience to users while providing investors and owners with multiple areas to create value.

Moreover, the offering will provide major brands with unparalleled data and direct access to the CasaPerks user base, including renowned brands in grocery, finance, fast food, internet, and entertainment.

The combination of CasaPerks and Loop is expected to create lucrative revenue models based on known user profiles thanks to robust granular insights based on real-time engagement, spend and future needs, leading to significant impacts on:

  • ARPU Average Revenue Per User
  • ARPL Average Revenue Per Location

Kevin Bradt , CEO of CasaPerks, stated, “Our strategy at CasaPerks is to build a robust platform with best-in-class partnerships throughout our entire ecosystem. Loop’s technology is very impressive and provides us with significant additional layers to our core technology that will prove to be extremely valuable. Our vision is to expand CasaPerks from a regional offering to a national footprint and then eventually achieving global scale.”

TERMS OF THE AGREEMENT

The following are the material terms of the agreement between Loop and Casa Perks:

Loop will license the following Loop technology:

  • AI Data Insights Portal;
  • Smartapp Check-in technology;
  • Digital Wallet Pass Technology

In exchange for the license, Loop will receive a total value of $1,930,000 USD in a combination of both:

  • Cash $250,000
  • Stock $1,680,000 (6,720,000 shares X $0.25 /share)

Both parties have agreed to a 60-day closing period for a definitive agreement, the terms of which are subject to Loop Board of Directors Approval.

This Press Release Is Available On The Loop Insights Verified Forum On AGORACOM For Shareholder Discussion and Q&A at:

https://agoracom.com/ir/LoopInsights/forums/discussion

About CasaPerks : CasaPerks is changing the way people choose and enjoy apartments. The company is in the fast-growing property technology, or “proptech”, sector serving the multifamily industry. Its multi-pronged platform includes an innovative rewards and concierge suite that offers multifamily owners and operators the opportunity to build tailor-made customer attraction, activation, and retention programs. CasaPerks is headquartered in Austin, TX. For more information, visit www.casaperks.com .

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.

Forward-Looking Statements/Information:

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.

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Posted in All Recent Posts, Featured, Loop Insights Inc. | Comments Off on Loop Insights $MTRX.ca Signs $1,930,000 USD License Deal with Austin, TX Based CasaPerks $RACMF $QUIS.ca $MCLD.ca $NXO.ca

LOOP Insights $MTRX.ca Commences Trading On OTCQB Market Under Ticker Symbol $RACMF – $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 4:25 PM on Friday, September 25th, 2020
Loop Insights – Medium
  • Announced that its common shares will commence trading on Monday, September 28th, 2020 on the OTCQB Venture Market (“OTCQB Venture”) under the stock symbol “RACMF”
  • OTCQB is the premiere marketplace for early stage and developing U.S. and international companies
  • Participating companies must be current in their reporting and undergo an annual verification and management certification process.

VANCOUVER, BC , Sept. 25, 2020 – Loop Insights Inc. (TSXV: MTRX) (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 its common shares will commence trading on Monday, September 28th, 2020 on the OTCQB Venture Market (“OTCQB Venture”) under the stock symbol “RACMF”.

The OTCQB is the premiere marketplace for early stage and developing U.S. and international companies. Participating companies must be current in their reporting and undergo an annual verification and management certification process. Investors can find real-time quote and market information at https://www.otcmarkets.com/stock/racmf/overview

The Company believes that the OTCQB can provide efficient market access to U.S. investors, which should build long-term shareholder value through greater access to enhanced liquidity and data distribution.  Loop’s common shares will continue to trade on the TSX Venture Exchange under the symbol “MTRX”.

Loop CEO Rob Anson stated, “The commencement of trading on the OTCQB is an important milestone because it provides the massive audience of American small cap investors an ability to easily invest in Loop Insights and participate in our growth.  Our recent announcements regarding TELUS, University of Houston and others have generated significant interest from American investors who want the exposure Loop can provide them to the ground floor of the rapidly growing Contactless industry, in which Loop has already demonstrated significant third-party validation as to the strength of our solutions.”

This Press Release Is Available On The Loop Insights Verified Forum On AGORACOM For Shareholder Discussion and Q&A at:

https://agoracom.com/ir/LoopInsights/forums/discussion

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.

Forward-Looking Statements/Information:

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.

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Loop Insights $MTRX.ca Update Includes Wins With #TELUS, University Of Houston, $412,000 Government R&D Award And Imminent OTCQB Listing, With More Anticipated $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 9:11 AM on Monday, September 21st, 2020
Loop Insights – Medium
  • Company has been successful in reaching many milestones across both product lines, Contact Tracing, and Contactless Marketing, with world-renowned brands, which have led to accelerating opportunities and contract negotiations with potential customers of similar stature
  • Loop announced an exciting successful launch with Telus, Canada’s leading telecom company
  • Contact Tracing continues to be a huge focus and gaining traction throughout North America in several verticals
  • The company has expanded its contactless services and continues to engage in many large-scale opportunities throughout North America
  • company is pleased to announce that it has been awarded $412,000 from its 2019 Scientific Research & Experimental Development application

VANCOUVER, BC, Sept. 21, 2020 – Loop Insights Inc. (TSXV: MTRX) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights, automated marketing, and contact tracing to the brick and mortar space, is pleased to provide shareholders with the following corporate update reviewing recent significant business wins and near term expectations.  The company has been successful in reaching many milestones across both product lines, Contact Tracing, and Contactless Marketing, with world-renowned brands, which have led to accelerating opportunities and contract negotiations with potential customers of similar stature.

BUSINESS DEVELOPMENT OPPORTUNITIES EXPANDING WITH EACH SUCCESSIVE WIN

Loop CEO Rob Anson stated “We have long known that our artificial intelligence driven technology stack could have a major impact on the real-world operations of enterprise-level customers, so it has been an incredible experience for Loop and its shareholders to begin seeing the third-party validation as we secure deals with great partners such as Telus, University of Houston and others. My message to shareholders is this is only the beginning, with Loop receiving significant inquiries, conducting online demonstrations and entering contract discussions on a daily basis.  Moreover,  we remain laser focused on maximizing our potential through  Tier-1 channel resellers to help us grow even faster. As such, I can say with great confidence that Loop is extremely well-positioned to anticipate a very strong and successful run for the remainder of 2020.

TELUS PARTNERSHIP IS INDICATIVE OF A GLOBAL DISTRIBUTION STRATEGY WITH NATIONAL TELECOM PROVIDERS

On September 17th,  Loop announced an exciting successful launch with Telus, Canada’s leading telecom company. This pilot program of our real-time, artificial intelligence-driven marketing platform launched in August and, upon successful completion, sees expansion into Telus 550+ corporate locations, as well as, their 2,000+ B2B reseller channel. This partnership is part of Loop’s global distribution strategy, in which the Company is already engaged in discussions with several similar telecom providers in the US, Australia, and other regions.

CONTACT TRACING ACCELERATES WITH INQUIRIES FROM GOVERNMENTS FOLLOWING PARTNERSHIP WITH NCAA DIV 1 UNIVERSITY OF HOUSTON

Contact Tracing continues to be a huge focus and gaining traction throughout North America in several verticals. The company has expanded its contactless services and continues to engage in many large-scale opportunities throughout North America. Areas of interest have come from, but not limited to, Provincial and Federal Government talks. Now that schools and sports teams are starting back up, contact tracing needs have never been as important. Securing University of Houston was a huge milestone and has now sparked interest throughout many other sports teams and schools across the US looking to restart and have a safe return of fans to their sporting facilities. Final negotiations are underway and the Company hopes to announce the next roll out in the near future.

LOOP RECEIVES  $412,000 FROM FEDERAL GOVERNMENT SR&D RESEARCH AND DEVELOPMENT PROGRAM

The company is pleased to announce that it has been awarded $412,000 from its 2019 Scientific Research & Experimental Development (“SR&ED”) application. In order to qualify for this program, Loop had to demonstrate it “generated information that advances the understanding of scientific relations or technologies or advances a certain technology or overcomes a technological uncertainty.”

This additional injection of funds further strengthens the company’s strong cash position, which positions the Company well for future M&A opportunities.

LOOP OTCQB APPLICATION IN FINAL STAGES IN RESPONSE TO US INVESTOR DEMAN

Over the past months, the Company has received increasing inquiries from US-based investors who could not easily acquire shares in Loop.  As a result, the company submitted applications to the necessary regulatory bodies and is hopeful for final approval as early as this week, making Loop shares available for trading on the OTCQB  with full DTC eligibility.

LOOP PARTNERSHIP WITH LEADING POS VENDOR (VEND) YIELDS IMMEDIATE RESULTS WITH NEW CUSTOMERS

Another major milestone was the partnership with Vend, a global point of sale supplier with over 25,000 locations in over 142 companies. Upon successful completion of the integration with Vend, Loop has already signed several Vend retailers including Your CBD Store, the largest CBD brick and mortar retailer in the United States with over 650 locations.

The Company is now in discussions on a distribution strategy with Vend’s leadership team to become a global reseller of the Loop products which will help accelerate Loop’s potential adoption throughout Vends global network of retailers.

As next steps in leveraging the success with Vend, the Company has also begun an integration roll out with one of the largest e-commerce platforms. Point of sale partners continues to be a large focus as they are the Company’s quickest path to scale while allowing the Company to remain lean and agile.

This Press Release Is Available On The Loop Insights Verified Forum On AGORACOM For Shareholder Discussion and Q&A https://agoracom.com/ir/LoopInsights/forums/discussion

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.

Forward-Looking Statements/Information: 

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. 

SOURCE LOOP Insights Inc.

For further information: Loop Insights Inc., Rob Anson, CEO, T: +1 877-754-5336 Ext. 4, E: [email protected], LOOP Website: www.loopinsights.ai, Facebook: @LoopInsights, Twitter: @LoopInsights, LinkedIn: @LoopInsights

Related Links

https://www.loopinsights.ai/

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VIDEO – Loop Insights $MTRX.ca Continues Contactless Dominance With Telus Agreement + University Of Houston Back To Back $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 9:49 PM on Thursday, September 17th, 2020
Loop Insights – Medium

Sometimes you just have to let the facts speak for themselves. Telus is one of Canada’s largest telecom companies with over 9,000,000 subscribers and a market capitalization of $30,000,000,000 (BILLION) … and they had this to say about Loop Insights (MTRX:TSXV)

Andrew Turner, VP Strategic Operations at TELUS “TELUS sees great value in Loop’s real-time data connectivity applications across bricks and mortar retail environments. Known for consistently putting our customers first and driving innovation in the telecommunications industry, we are always looking to elevate our customer experience and provide our customers with more value. We look forward to seeing Loop in action, and learning how we can enhance the customer experience together.”

We don’t know if there is anything more to be said, with MTRX trading over 6,000,000 shares in just 4 hours today – but we will say this for everyone who is new to MTRX, who we’ve been pounding the table on for the last 3 months.

MTRX is one amazing CONTACTLESS technology company who was on its way to great success prior to COIVD-19 and has now risen to super relevancy across North America with 2 powerful applications (and revenue streams):

1.  Contact Tracing – The process of identification of persons who may have come into contact with an infected person, leading to subsequent collection of further information about these contacts 

  • Implemented By University Of Houston Yesterday (September 16, 2020)\
  • Implemented Into the Las Vegas flagship properties of a Global Hospitality company (July 23, 2020)
  • Invited by NCAA DIV 1 BIG EAST CONFERENCE To Present Solution For 11 schools (August 17, 2020)
  • Partnership with BDG sports to deliver NBA, NHL, NCAA and PGA Sporting Events. (August 13, 2020)

2.  Artificial Intelligence Marketing Solutions – To provide personalized promotions and targeted engagement for the bricks and mortar space

If you are looking at all the size and dates of these announcements and noticing a trend, you should be.  Loop Insights is starting to make some very serious inroads with some of the biggest organizations on the continent …. and it’s only September 17th.  

Watch this incredible interview with MTRX CEO, Rob Anson and hear what else he has to say about where Loop Insights is going.

Watch this interview or listen by Podcast on Apple, Google, Spotify or your favourite podcaster.

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LOOP Insights $MTRX.ca Signs Agreement with #TELUS $T.ca $TU to Conduct Pilot Across Three Flagship Retail Locations $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 6:58 AM on Thursday, September 17th, 2020
Loop Insights – Medium
  • Entered into a limited formal agreement with the TELUS Corporation (TSX: T) NYSE: TU) to conduct a 90-day proof of concept pilot across TELUS’s three flagship corporate retail locations in British Columbia
  • Pilot commenced on August 5 when TELUS deployed Loop’s IoT product Fobi to test and leverage its automated marketing capabilities
  • Connected between the printer and point of sale, Fobi will identify the opportunity to offer print tailored discount codes on the customer receipt for items that may be of interest to the customer based on their purchase

VANCOUVER, BC, Sept. 17, 2020 – Loop Insights Inc. (TSXV: MTRX) (the “Company” or “Loop”) – a provider of contactless solutions to drive real-time insights and enhanced customer engagement to the brick and mortar space – is pleased to announce that it has entered into a limited formal agreement with the TELUS Corporation (or “TELUS”) (TSX: T) NYSE: TU), Canada’s leading telecommunications company, to conduct a 90-day proof of concept pilot across TELUS’s three flagship corporate retail locations in British Columbia.

The pilot commenced on August 5 when TELUS deployed Loop’s IoT product Fobi to test and leverage its automated marketing capabilities. Connected between the printer and point of sale, Fobi will identify the opportunity to offer print tailored discount codes on the customer receipt for items that may be of interest to the customer based on their purchase. These real-time capabilities enhance the shopping experience by providing data-driven product suggestions and unique discount codes for future use.

Andrew Turner, VP Strategic Operations at TELUS, said: “TELUS sees great value in Loop’s real-time data connectivity applications across bricks and mortar retail environments. Known for consistently putting our customers first and driving innovation in the telecommunications industry, we are always looking to elevate our customer experience and provide our customers with more value. We look forward to seeing Loop in action, and learning how we can enhance the customer experience together.”

Loop CEO Rob Anson added, “The opportunity to partner with one of Canada’s most respected and successful corporations is an important piece of our puzzle as we look to scale through potential channel reseller partners. TELUS will generate creditable third-party validation and credibility for our brand and go-to-market strategy. Following a successful pilot completion, the scope of this opportunity grows exponentially through channel reseller distribution.”

This Press Release Is Available On The Loop Insights Verified Forum On AGORACOM For Shareholder Discussion and Q&A https://agoracom.com/ir/LoopInsights/forums/discussion

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.

About TELUS
TELUS (TSX: T, NYSE: TU) is a dynamic, world-leading communications and information technology company with $14.8 billion in annual revenue and 15.3 million customer connections spanning wireless, data, IP, voice, television, entertainment, video and security. We leverage our global-leading technology to enable remarkable human outcomes. Our longstanding commitment to putting our customers first fuels every aspect of our business, making us a distinct leader in customer service excellence and loyalty. TELUS Health is Canada’s largest healthcare IT provider, and TELUS International delivers the most innovative business process solutions to some of the world’s most established brands.

Driven by our passionate social purpose to connect all Canadians for good, our deeply meaningful and enduring philosophy to give where we live has inspired our team members and retirees to contribute more than $736 million and 1.4 million days of service since 2000. This unprecedented generosity and unparalleled volunteerism have made TELUS the most giving company in the world.

For more information about TELUS, please visit telus.com, follow us @TELUSNews on Twitter and @Darren_Entwistle on Instagram.

Forward-Looking Statements/Information:

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.

SOURCE LOOP Insights Inc.

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Posted in All Recent Posts, Featured, Loop Insights Inc. | Comments Off on LOOP Insights $MTRX.ca Signs Agreement with #TELUS $T.ca $TU to Conduct Pilot Across Three Flagship Retail Locations $QUIS.ca $MCLD.ca $NXO.ca

Loop Insights $MTRX.ca Signs Agreement With #NCAA DIV. 1 SCHOOL – University Of Houston Athletics To Implement Contactless Platform For Tracing And Cashless Commerce $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 7:09 AM on Wednesday, September 16th, 2020
Loop Insights – Medium
  • Announces the signing of an agreement with the University of Houston Athletics to implement Loop’s contactless, artificial intelligence marketing solutions
  • Will provide personalized promotions and targeted engagement, as well as, Loop’s leading contact tracing solutions for the purposes of supporting resumption plans that provide a safe environment for fans and guests attending Houston football games at TDECU Stadium
  • Loop’s e-commerce solutions will be integrated within the platform to provide fans with an ability to purchase event tickets, concessions, merchandise products, and parking services without having to use physical cash

VANCOUVER, BC, Sept. 16, 2020 – Loop Insights Inc. (MTRX: TSXV) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive automated marketing, contact tracing, and contactless solutions to the brick and mortar space, is pleased to announce the signing of an agreement with the University of Houston Athletics (“UH”) to implement Loop’s contactless, artificial intelligence marketing solutions to provide personalized promotions and targeted engagement, as well as, Loop’s leading contact tracing solutions for the purposes of supporting resumption plans that provide a safe environment for fans and guests attending Houston football games at TDECU Stadium.

The University of Houston is a public research university in Houston, Texas, and the main institution of the University of Houston System. Founded in 1927, UH is the third-largest university in Texas, with over 47,000 students.

LOOP SOLUTION TO PROVIDE HOUSTON ATHLETICS WITH ABILITY TO ACHIEVE CASHLESS AND CONTACTLESS GOALS

Given the health risks related to COVID-19 and the uncertainty about the duration of its impact on society, UH Athletics will be working with Loop in the development and implementation of a contactless and cashless solution for fans and guests attending events at TDECU Stadium. Loop’s services will help Houston Athletics deliver on this goal by first implementing its contact tracing solution, which will provide Houston football fans and guests safe and secure access when attending events. 

Secondly, Loop’s e-commerce solutions will be integrated within the platform to provide fans with an ability to purchase event tickets, concessions, merchandise products, and parking services without having to use physical cash. 

Finally, with users now using the platform to conduct their purchases and access events, Loop’s artificial intelligence marketing services will provide unmatched personalized promotions and engagement opportunities, creating a more interactive fan experience at Houston athletic events. Loop’s services and technologies will offer a more robust game day experience for all Houston football fans.

Loop Insights CEO Rob Anson stated, “Our first priority is reopening and keeping campus doors open through our proven and scalable contact tracing platform. Secondly, we want to help UH maintain and increase its revenues. We expect to generate meaningful revenue from monthly fees associated to active users on the Loop platform as well through participation in a revenue share. With our integrated product stack, UH and all of the other 356 NCAA Div.1 colleges can gain immediate access to all of Loop’s products and services and benefit from increased profitability through streamlined operational efficiencies. We intend to deliver a future proof campus experience, so the next wave of Covid-19 does not close their doors for good. Loop is the complete solution.”  

University of Houston‘s Deputy Athletic Director David Tagliarino stated, “A main goal for us is to administer enhanced safety protocols and best practices, measures that instill confidence among our fans and guests during these challenging times due to Covid-19. Loop’s solution is appealing because it also provides fully automated and personalized fan experiences with large-scale user adoption and enhanced fan engagement opportunities. In addition to improving the way we interact with fans inside and outside the stadium, Loop’s contact tracing will greatly assist our efforts in returning fans to our venues in a safe and prudent manner.”

This Press Release Is Available On The Loop Insights Verified Forum On AGORACOM For Shareholder Discussion and Q&A https://agoracom.com/ir/LoopInsights/forums/discussion

About Houston Athletics

University of Houston Athletics sponsors 17 intercollegiate sports for nearly 400 student-athletes. The department’s mission is to develop its student-athletes into champions for life and focuses daily on the success and welfare of its student-athletes. A member of the American Athletic Conference, Houston has led its league in conference championships in each of the last five seasons. For more information on UH Athletics, visit UHCougars.com.

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.

Forward-Looking Statements/Information: 

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. 

SOURCE LOOP Insights Inc.

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Posted in Featured, Loop Insights Inc. | Comments Off on Loop Insights $MTRX.ca Signs Agreement With #NCAA DIV. 1 SCHOOL – University Of Houston Athletics To Implement Contactless Platform For Tracing And Cashless Commerce $QUIS.ca $MCLD.ca $NXO.ca

#IoT and Big Data: 6 Retail and Financial Services Trends to Watch Out For – SPONSOR: Loop Insights Inc. $MTRX.ca $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 2:42 PM on Friday, September 11th, 2020

SPONSOR: Loop Insights Inc. (MTRX:TSX-V) is levelling the playing field between online retail giants and brick & mortar businesses. What if you could receive the same personalization and experience you get from online shopping, but in brick and mortar stores? Loop Insights is doing just that. Brick and mortar retail isn’t going anywhere, but it does need to adapt to offer better in-store customer experiences. Loop Insights solves a significant problem for traditional retailers – big and small – who are losing customers to e-commerce retail. Learn more.

Loop Insights – Medium

IoT and Big Data: 6 Retail and Financial Services Trends to Watch Out For

  • IoT Will Revolutionize Point of Sale (POS) Payments
  • The POS industry is projected to be worth an estimated $109 billion by 2025, and IoT technology will play no small role in making this happen: while the best POS systems available today have a number of impressive features, POS technology will only evolve.
  • The rise of smart POS systems will result in the widespread adoption of biometric POS, the rise of mobile POS payments, digital product tracking that eliminates queues and makes remote payments easy, and much more

More importantly, IoT and big data enable the effective storage, processing, and transmission of data in a way that is more secure while providing advanced analytics that thoroughly monitors and notifies you of potential data breaches. This will make POS systems more secure and reliable further enhancing the retail industry.Bamidele Onibalusi – September 3, 2020

While the impact of the IoT industry in the past few years has been nothing short of impressive, the disruption this technology will bring to the financial services market will be just as impactful.

According to a research study by Markets and Markets, the global banking and financial services IoT market is expected to grow from $249.5 million to $2.03 billion by 2023. That’s an eight-fold growth in just five years or a CAGR of approximately 52 percent. IoT technology in the retail industry is also expected to grow to $35 billion by the end of this year.While the impact of the IoT industry in the past few years has been nothing short of impressive, the disruption this technology will bring to the financial services market will be just as impressive. Click To Tweet

Below are six key trends that will drive the growth of IoT and big data in finance and retail.

1. IoT Will Make Risk Assessment Seamless and Easy

One area where IoT technology will be disruptive in the near future is that of risk assessment. Think about how risk assessment currently works in the financial services sector. It’s a very subjective process similar to the one that triggered the 2008 Great Recession. Now imagine a future that allows for smart risk assessment by using big data and IoT technologies.

First, IoT and big data will make it easy to acquire vast amounts of data that are used to determine a customers’ risk status. This data can then be smartly analyzed in a way that the risk profile of any company or individual becomes convenient and easy. The data can also be used to forecast future risks for individuals and organizations.

2. IoT Will Enhance and Automate Security in Financial Institutions

IoT technology will contribute to a more secure future, particularly in the retail and financial services industry. 

Connected smart cameras and motion sensors are just two of the smart technologies financial institutions and retailers can deploy for better security. These technologies will not only automatically react to intrusions by thieves and unauthorized third parties (by shutting down certain systems, locking down the premises so that the intruder is unable to leave, and immediately notifying you and providing an abundance of information that you can act upon), but it will also act to protect against environmental hazards that can pose security threats or result in damage.

3. IoT Will Revolutionize Point of Sale (POS) Payments

The POS industry is projected to be worth an estimated $109 billion by 2025, and IoT technology will play no small role in making this happen: while the best POS systems available today have a number of impressive features, POS technology will only evolve. The rise of smart POS systems will result in the widespread adoption of biometric POS, the rise of mobile POS payments, digital product tracking that eliminates queues and makes remote payments easy, and much more.

More importantly, IoT and big data enable the effective storage, processing, and transmission of data in a way that is more secure while providing advanced analytics that thoroughly monitors and notifies you of potential data breaches. This will make POS systems more secure and reliable further enhancing the retail industry.

4. More Efficient Inventory Management

Retailers very well know the cost of an inefficient inventory management system. Data shows that U.S. retailers lose an estimated $45 billion annually due to not having the required inventory in stock and a whopping $224 billion due to having excess inventory. 

IoT and big data will be able to fix inventory woes. Automated IoT inventory management systems that make real-time tracking of inventory easy at the point of sale will be in every retail store sooner rather than later. The inventory system automatically generates data to show currently in-stock items and effectively analyzes this data to predict future inventory requirements.

5. Smart Asset Movement and Monitoring

Asset monitoring is currently partially automated due to the use of computers and technology, but still involves a lot of manual process and checks. IoT and big data will change this.

First, IoT will automate the process of gathering data and real-time information that can be automatically analyzed to understand the current state of things and predict the future. IoT also makes effective use of sensors attached to assets to track them (paying attention to variables that include temperature, humidity, proximity, and movement) and then automatically generate useful data about these assets. This allows for enhanced real-time monitoring of the health and movement of assets.

6. Increasing Use of Wearable Tech for Financial Transactions

Smartwatches and wearable technology that automatically monitor human health and activity are increasingly prevalent. These devices provide essential information about the health of the wearer at all times. Now, think about something similar for payments: you walk into the bank and the bank’s IoT system connects to your wearable device which sends essential information about your activity to the bank. Not only does this eliminate a lot of time-wasting manual processes and improve customer satisfaction, but it also makes it easier to perform contactless transactions while at the same time ensuring optimal security.

The financial industry is already reaping the benefits of IoT and big data. As more businesses see the advantages of IoT, the adoption rate to improve outdated business practices will rapidly increase.

Source: https://www.iotforall.com/iot-and-big-data-6-retail-and-financial-services-trends-to-watch-out-for/

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