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Artificial Intelligence #AI in Retail Market Worth $19.9 billion by 2027 SPONSOR: Loop Insights $MTRX.ca $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 4:57 PM on Monday, August 17th, 2020

SPONSOR: Loop Insights Inc. (MTRX:TSX-V) The company is levelling the playing field between online retail giants and brick & mortar businesses by providing transformative artificial intelligence services and IoT solutions. All e-commerce sites have easy access to company-wide connectivity, real-time insights, and personalized marketing. What Loop is doing is creating those same tools for physical retail, whether it is a restaurant, hotel, casino, store, or stadium. Loop’s proprietary internet of things (IoT) device, Fobi, makes it all happen. It can be installed in minutes using an API or hardware solution, making Loop’s services ultimately scalable no matter what infrastructure is currently set up in the store. Learn More.

Artificial Intelligence (AI) in Retail Market Worth $19.9 billion by 2027

Artificial intelligence in retail market is expected to grow at a CAGR of 34.4% from 2020 to reach $19.9 billion by 2027
The COVID-19 outbreak has accelerated the significance of online shopping channels, as consumers are considering online platforms as their primary shopping channel
This has given retailers and consumers a great opportunity to adopt sustainability initiatives that integrate with their digital presence

LONDON, July 22, 2020 – According to a new market research report “Artificial Intelligence in Retail Market by Product, Application (Predictive Merchandizing, Programmatic Advertising), Technology (Machine Learning, Natural Language Processing), Deployment (Cloud, On-Premises), and Geography – Global Forecast to 2027″, published by Meticulous Research®, the artificial intelligence in retail market is expected to grow at a CAGR of 34.4% from 2020 to reach $19.9 billion by 2027.

Over the past few years, digital technologies are being embedded into core value-generation processes in society and businesses by creating innovation. The growing number of millennials with their inclination towards digital-first approaches is putting organizations under constant pressure to innovate; thus, making artificial intelligence a top priority for retail businesses. Various well-established retailers are struggling with increasing cost, dissatisfied customers, declining sales, and upstart competition. Implementing artificial intelligence in retail creates new opportunities and capabilities for retailers by leveraging new possibilities, fastening processes, and making organizations adaptable to changes in the future. Realizing the fact, retail companies are investing in billions to reap benefits of AI technology and improve profitability of their businesses. Strong participation of industry players in leveraging AI technology is reshaping the technology landscape of the retail industry.

Impact of COVID-19 on the Artificial Intelligence in Retail Market

The COVID-19 outbreak has accelerated the significance of online shopping channels, as consumers are considering online platforms as their primary shopping channel. This has given retailers and consumers a great opportunity to adopt sustainability initiatives that integrate with their digital presence. Therefore, retailers are using the e-commerce platform and online marketplaces to capitalize on this changing trend. Owing to the increased customer preference for online retailing, organizations working in the retail segment are progressively adopting AI solutions to improve efficiency and productivity of operations. Retailers are using online platforms for personalized and improved customer engagement, inventory management, supply chain management, programmatic advertising, smart recommendations, and chatbots, among others. The current situation offers an opportunity for organizations to scale up capabilities, such as voice commerce, to strengthen engagement.

However, amid the COVID-19 outbreak, consumer spending patterns across several categories are shifting dramatically. Many leading retail players are eying this crisis as a new opportunity for restructuring and revisiting their existing strategies along with an advanced product portfolio. The situation has been evolving in unpredictable ways, and companies operating in this market are doing tremendous work by adapting to a new reality, anticipating and planning for various scenarios.

The global artificial intelligence in retail market study presents historical market data (2018 & 2019), estimated current data (2020), and forecasts for 2027. The market is segmented on the basis of product, application, technology, retail, and geography.

Based on product offering, the solutions segment is estimated to command the largest share of the overall artificial intelligence in retail market in 2020. This is mainly attributed to the growing adoption of AI-powered solutions and applications by retailers across the globe to identify personalized customer needs, reduce shrinkage by improving loss prevention at point-of-sale, and enhance customer engagement experience. However, the services segment is estimated to witness rapid growth during the forecast period. The retail industry is becoming fast-paced and more complex from a technology standpoint than ever before. Business owners in the retail industry are looking to outsource their IT services to ease the pressures of managing an increasingly complicated internal network. With managed services and professional services, retailers are improving margins, improve overall security, increase up-time, employee productivity, and delivering better customer experiences, ultimately contributing to the rapid growth in demand for AI services for retail industry.

Based on learning technology, the machine learning segment is estimated to command the largest share of the overall artificial intelligence in retail market in 2020, owing to the increasing use of machine learning technology in customer experience management, customer behavior tracking, and predictive merchandising. Moreover, this segment is also poised to register high growth rate during the forecast period, which is attributed to rise in awareness amongst the retailers to make data driven decisions in order to ensure competitive edge in the retail industry.

Based on deployment type, the cloud deployment segment is estimated to command the largest share of the overall artificial intelligence in retail market in 2020, owing to decrease in the cost of cloud-enabled technology deployment and growing usage of learning analytics. In addition, increasing awareness for cloud computing technologies, increasing number of consumers using online platforms for shopping, and growing interest towards cloud-based solutions are contributing to the growth of this segment during the forecast period.

Based on application, the predictive merchandising segment is estimated to command the largest share of the overall artificial intelligence in the retail market in 2020. The large share of this segment is mainly attributed to the growing need of retailers to maintain a competitive edge in a fast-growing marketplace by implementing proactive methods of harnessing new and extensive data sources in unique ways by adopting predictive merchandising. Moreover, predictive merchandising application is also expected to register a strong growth over the coming years as well. It can provide retailers with valuable customer insights including recognizing high-value customers, their motives behind the purchase, their buying pattern behaviors, and which are the best channels to market to them and when. This can help retailers to boost their sales and hence, driving the demand in the market over the coming years.

Based on end user, the food & groceries segment is estimated to command the largest share of the overall artificial intelligence in retail market in 2020. This is mainly due to the increasing consumer spending, incorporation of advanced technologies, and need to address consumer demand & enhance consumer experience. This segment is also expected to witness rapid growth during the forecast period in the market.

Geographically, North America is estimated to command the largest share of the global artificial intelligence in retail market in 2020. The large share of this region is primarily attributed to the factors such as high adoption of advanced technologies, such as artificial intelligence (AI), machine learning, and natural learning programming (NLP); existence of major artificial intelligence technology players & start-ups; increasing usage of internet access; growth in confidence by e-commerce enterprises for providing better shopping customer experience; and digitization across the retail industry in this region. However, the Asia Pacific region is expected to witness rapid growth during the forecast period as the region is experiencing notable growth across all fronts including internet infrastructure, economic growth, spending capabilities, and demand for consumer products. Owing to the government initiatives, the growth of e-commerce in countries including China and India, and growing investments in AI technology for improved productivity and real-time inventory management are contributing to the growth of the AI market for retail industry in this region. Furthermore, the factors such as developing internet & connectivity infrastructure, growing adoption of AI-based solutions & services among retailers, and increasing digitalization are also driving the market growth in this region.

The report also includes an extensive assessment of the key strategic developments adopted by the leading market participants in the industry over the past 4-5 years. The AI in retail market has witnessed number of agreements, collaborations, and partnerships in recent years. The global artificial intelligence in retail market is consolidated and dominated by few major players, namely Amazon.com, Inc. (U.S.), Google LLC (U.S.), IBM Corporation (U.S.), Intel Corporation (U.S.), Microsoft Corporation (U.S.), Nvidia Corporation (U.S.), Oracle Corporation (U.S.), SAP SE (Germany), Salesforce.com, Inc. (U.S.), and BloomReach, Inc. (U.S.) along with several local and regional players.

Read More: https://www.prnewswire.com/news-releases/artificial-intelligence-ai-in-retail-market-worth-19-9-billion-by-2027–exclusive-report-covering-pre-and-post-covid-19-market-analysis-by-meticulous-research-301098029.html

Tags: AI, covid19, Covid19 tracing, CSE, internet of things, IOT, tsx, tsx-v
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NCAA Division 1 Big East Conference Invites Loop Insights $MTRX.ca to Present Contact Tracing Solutions to Support Safe Resumption of Schools, Stadiums and Facilities $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 7:27 AM on Monday, August 17th, 2020

Announced it has been invited to present its contact tracing solutions to the Athletic Directors of the 11 NCAA Division 1 Schools of the Big East Conference (“Big East”), for the purposes of supporting resumption plans that provide a safe environment for students, faculty, athletes, fans and staff
On August 12th, Big East announced the postponement of its fall sports season out of concern for the welfare of student-athletes during the coronavirus pandemic
Moreover, Big East has yet to determine whether winter and spring sports will take place as scheduled and is in search of safety processes and protocols that will provide for the safe resumption of athletic events

VANCOUVER, BC, Aug. 17, 2020 – Loop Insights Inc. (TSXV: MTRX) (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 it has been invited to present its contact tracing solutions to the Athletic Directors of the 11 NCAA Division 1 Schools of the Big East Conference (“Big East”), for the purposes of supporting resumption plans that provide a safe environment for students, faculty, athletes, fans and staff.

BIG EAST HAS ESTABLISHED ITSELF AS ONE OF NATION’S EXCEPTIONAL CONFERENCES

The Big East Conference’s member schools include Villanova University, Georgetown University and St. John’s University and represent more than 150,000 students. Big East institutions are located in the nation’s largest media markets, including New York, Chicago, Philadelphia and Washington, D.C.

Since the relaunch of the Big East in 2013, it has sponsored championship competition in ten men’s and twelve women’s NCAA sanctioned sports, producing 12 national champions.

POSTPONEMENT OF BIG EAST FALL SPORTS SEASON UNTIL SAFE PROCESSES AND PROTOCOLS CAN BE ESTABLISHED

On August 12th, Big East announced the postponement of its fall sports season out of concern for the welfare of student-athletes during the coronavirus pandemic. Moreover, Big East has yet to determine whether winter and spring sports will take place as scheduled and is in search of safety processes and protocols that will provide for the safe resumption of athletic events.

Loop Insights CEO Rob Anson stated”It is both an extraordinary honour and a testament to the reputation of our contact tracing technology to be invited to present our solutions to the head Athletic Directors of The Big East Conference. Though our presentation is being made to the Athletic Directors for the purposes of supporting the resumption of athletic events, our solutions will apply to the entirety of the campus, student body, faculty and facilities to expedite physical attendance and related economic activities.”

LOOP CONTACT TRACING SOLUTION PROVIDES NCAA CONFERENCES WITH AN OPPORTUNITY TO RESTART CAMPUS ACTIVITIES AND ECONOMIC RECOVERY

In 2013, Big East forged a landmark, long-term broadcast partnership with FOX Sports in a 12-year, $500 million television contract. FOX’s comprehensive coverage of BIG EAST men’s basketball includes the broadcast of all regular-season games on FOX, FS1, or FS2, as well as the BIG EAST Tournament at Madison Square Garden, college basketball’s longest-running postseason conference tournament.

The postponement of the falls sports season represents a significant loss of important incomes to all members of Big East, who are in need of solutions that not only 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 their leading contact tracing solutions providing the comfort necessary to put on events. With fans streaming into these events, Loop’s contactless, artificial intelligence marketing solutions will provide personalized promotions and targeted engagement, leading to higher conversions and transaction revenue at all of our events.

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.

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.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2020/17/c4709.html

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: @LoopInsightsCopyright CNW Group 2020

Tags: AI, covid19, Covid19 tracing, CSE, internet of things, IOT, tsx, tsx-v
Posted in All Recent Posts, Featured, Loop Insights Inc. | Comments Off on NCAA Division 1 Big East Conference Invites Loop Insights $MTRX.ca to Present Contact Tracing Solutions to Support Safe Resumption of Schools, Stadiums and Facilities $QUIS.ca $MCLD.ca $NXO.ca

Datametrex $DM.ca Secures $2.3M Contract

Posted by AGORACOM-JC at 10:07 AM on Thursday, August 13th, 2020

Entered into an additional sales agreement for approximately $2.3M with Lotte Home Shopping Co. Ltd., bringing the total gross sales to $3.3M this year so far
LOTTE Home Shopping operates large retail stores and department stores in various countries like Japan, South Korea, China, and Vietnam
Datametrex is continuously working with the various divisions of LOTTE as a preferred vendor
LOTTE Group is the fifth-largest conglomerate in Korea with annual revenues of approximately USD 60 billion, consisting of over 90 business divisions.

TORONTO, Aug. 13, 2020 — Datametrex AI Limited (the “Company” or “Datametrex“) (TSXV: DM, FSE: D4G, OTC: DTMXF) is pleased to announce that it has entered into an additional sales agreement for approximately $2.3M with Lotte Home Shopping Co. Ltd. (“LOTTE”), bringing the total gross sales to $3.3M this year so far.

LOTTE Home Shopping operates large retail stores and department stores in various countries like Japan, South Korea, China, and Vietnam.

Datametrex is continuously working with the various divisions of LOTTE as a preferred vendor. Datametrex has demonstrated to be a quality, reliable, and trustworthy partner, with an opportunity to grow within the 934 companies in the LOTTE family.

“At Datametrex, we continue our efforts to facilitate ground-breaking technologies to companies across the globe. We pride ourselves in providing tools that our clients can use to visualize their customer and stakeholder data in order to make predictive analyses, mitigate risk, and improve their bottom line,” stated Marshall Gunter, CEO of Datametrex.

Datametrex plans to deliver the contract in August with full payment in September 2020.

Datametrex is also pleased to share that the Company has won a tender from LOTTE Property and Development Co. Ltd. for approximately $100K.

About LOTTE Group

LOTTE Group is the fifth-largest conglomerate in Korea with annual revenues of approximately USD 60 billion, consisting of over 90 business divisions. LOTTE is engaged in diverse industries that include hotels, resorts, fast food, beverages, retail, financial services, heavy chemicals, electronics, IT, construction, publishing, confectionary products, and entertainment. Additional information on LOTTE is available at www.lotte.co.kr

About Datametrex

Datametrex AI Limited is a technology focused company with exposure to Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com). Datametrex’s mission is to provide tools that support companies in fulfilling their operational goals, including Health and Safety, with predictive and preventive technologies. By working with companies to set a new standard of protocols through Artificial Intelligence and health diagnostics, the Company provides progressive solutions to support the supply chain. Additional information on Datametrex is available at www.datametrex.com

For further information, please contact:

Marshall Gunter – CEO
Phone: (514) 295-2300
Email: [email protected]

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.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

Tags: covid19, CSE, datametrex, investments, Lotte, Lotte Home Shopping, PCL, small cap, stocks, tsx, tsx-v
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Loop $MTRX.ca Signs Contract with bdG Sports LLC. to Deliver Contact Tracing and Automated Marketing Solutions for NBA, NHL, NCAA and PGA Sporting Events $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 7:09 AM on Thursday, August 13th, 2020

Announced the signing of a channel reseller partnership with Kentucky-based bdG Sports LLC (“bdG”) a leading representation, event management and public relations firm operating within the global sports marketing industry.
bdG Sports is one of the largest providers of college basketball content in the United States, managing multiple NCAA Division I tournaments across North America, including destination tournaments in Southwest Florida, Las Vegas, Canada, and The Bahamas
The firm 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 also boasts relationships with such brands as Nike, ESPN, Gatorade, and MGM Resorts International, among others.

VANCOUVER, BC, Aug. 13, 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, announces the signing of a channel reseller partnership with Kentucky-based bdG Sports LLC (“bdG”) a leading representation, event management and public relations firm operating within the global sports marketing industry.

LOOP CONTACT TRACING SOLUTION PROVIDES BDG SPORTING EVENTS WITH AN OPPORTUNITY TO COMMENCE AND PROVIDE ECONOMIC RECOVERY FOR CLIENTS

bdG Sports is one of the largest providers of college basketball content in the United States, managing multiple NCAA Division I tournaments across North America, including destination tournaments in Southwest Florida, Las Vegas, Canada, and The Bahamas. The firm 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 such brands as Nike, ESPN, Gatorade, and MGM Resorts International, among others. 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 the safety of fans, athletes, and staff.

President and CEO of bdG Sports, Brooks Downing, said: “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 contact-tracing solution which will provide the confidence needed as teams make decisions 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 omni-channel marketing is incredibly valuable for our clients’ resumption plans.”

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

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 to reinvent the live fan engagement experience, consisting of real-time personalized fan engagement.

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.

Loop CEO, Rob Anson, stated: “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. This partnership with globally renowned bdG Sports is major third-party validation of our abilities to deliver these solutions. We look forward to leading the way with them toward the safe and profitable resumption of major sporting events.”

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:

SOURCE LOOP Insights Inc.

Tags: AI, covid19, Covid19 tracing, CSE, internet of things, IOT
Posted in All Recent Posts, Featured, Loop Insights Inc. | Comments Off on Loop $MTRX.ca Signs Contract with bdG Sports LLC. to Deliver Contact Tracing and Automated Marketing Solutions for NBA, NHL, NCAA and PGA Sporting Events $QUIS.ca $MCLD.ca $NXO.ca

CLIENT FEATURE: Loop Insights $MTRX.ca Leveling the playing field between online retail giants and brick & mortar businesses $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 5:25 PM on Wednesday, August 12th, 2020

(TSXV: MTRX)

WHY LOOP INSIGHTS?

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.

All e-commerce sites have easy access to company-wide connectivity, real-time insights, and personalized marketing. What Loop is doing is creating those same tools for physical retail, whether it is a restaurant, hotel, casino, store, or stadium.

Loop’s proprietary internet of things (IoT) device, Fobi, makes it all happen. It can be installed in minutes using an API or hardware solution, making Loop’s services ultimately scalable no matter what infrastructure is currently set up in the store.

NORTH AMERICA’S BIGGEST MOBILE COMPANIES BELIEVE

SEEING IS BELIEVING

Now that you have an understanding of the magnitude of the problem and the disruptive power of LOOP, you need to see it for yourself. Watch this short but powerful videos demonstrating how LOOP is being applied across different verticals to solve brick and mortar retail problems.

Hub On AGORACOM / Corporate Profile

FULL DISCLOSURE: Loop Insights is an advertising client of AGORA Internet Relations Corp.

Tags: AI, covid19, Covid19 tracing, CSE, internet of things, IOT, tsx
Posted in AGORACOM Client Feature, All Recent Posts, Featured, Loop Insights Inc. | Comments Off on CLIENT FEATURE: Loop Insights $MTRX.ca Leveling the playing field between online retail giants and brick & mortar businesses $QUIS.ca $MCLD.ca $NXO.ca

Datametrex $DM.ca Secures COVID-19 Antigen Detection Kits

Posted by AGORACOM-JC at 9:10 AM on Wednesday, August 12th, 2020

Announced that it has secured rights to sell and distribute South Korean manufacturer PCL, Inc.’s (“PCL”) COV05 COVID19 Rapid Antigen Detection Kits
These test kits are suitable for point of care tests. No extra equipment is needed. They are easy to use with over 97% accuracy, and results are available in 5 to 10 minutes
Antigen Rapid Diagnosis Kit developed by PCL is a method of fluorescently measuring the presence of a COVID-19 infection

TORONTO, Aug. 12, 2020 — Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV: DM, FSE: D4G, OTC: DTMXF) is pleased to announce that it has secured rights to sell and distribute South Korean manufacturer PCL, Inc.’s (“PCL”) COV05 COVID19 Rapid Antigen Detection Kits. These test kits are suitable for point of care tests. No extra equipment is needed. They are easy to use with over 97% accuracy, and results are available in 5 to 10 minutes.

The Antigen Rapid Diagnosis Kit developed by PCL is a method of fluorescently measuring the presence of a COVID-19 infection. It is an in-vitro diagnostic medicaldevice to detect the SARS-CoV-2 antigen from a person’s oropharyngeal and nasopharyngeal secretions if the specimen contains antigens to SARS-CoV-2, a colored line appears in the T line area.

View the PCL test by clicking the link PCL COVID-19 ANTIBODY TEST – COV0

“According to the manufacturer, PCL, this test can detect antigens of COVID-19 from a swab in the nose or throat and provide results in 10 minutes with over 97% accuracy,” said Marshall Gunter, CEO of Datametrex. “These almost-instant kits can be easily used at home. With the rise of cases in the United States and throughout the world, we at Datametrex believes it is critical to test and protect.”

PCL states that the clinical sensitivity (confirmed the actual positive of the approved person) is 100% and the clinical specificity (confirmed the actual negative of the negative person) is 97.78%. Early detection using rapid tests will also provide further protection to Canada’s front-line workers, especially health care professionals.

The following certifications have been awarded to these PCL Antigen Test Kits: CE Certificate, Korea FDA, FIND Listed, UNGM Supplier. Countries includes the EU, 2 countries in the Middle East- Qatar and UAE, India, Russia, 3 countries in Latin America- Guatemala, Ecuador, and Colombia.

The PCL Antigen Detection kit has the CE Certificate meaning that the manufacturer and products have met EU declaration of standards for health, safety, and environmental protection, allowing this product to be sold within the 22 countries in the European Economic Area.

Worldwide, currently there have been over 19.7M people who have been tested positive for COVID-19 but the actual case count is believed to be higher, as a significant number of asymptomatic people may not have been tested. Even more worrying is that most families have had to wait more than 72 hours for their test results to come back from both public and private labs increasing the possibility of spreading the virus.

Rapid Diagnosis Kit is easy when there are no symptoms even after COVID-19 infection, or when ‘positive’ and ‘negative’ are not evident in tests such as RT-PCR. When an infection occurs, an antigen against COVID-19 is formed in the body after some time, so it is a post-test that is essential as a preventive measure.

The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain the COVID-19 (or SARS-2 Coronavirus) at this time. Health Canada must approve these COVID-19 test kits before they can be used in Canada. The Company plans to sell these kits in all countries where the kits have been approved for sale.

About Datametrex

Datametrex AI Limited is a technology-focused with exposure to Artificial Intelligence and Machine Learning through its wholly-owned subsidiary, Nexalogy (www.nexalogy.com). Datametrex’s mission is to provide tools that support companies in fulfilling their operational goals, including Health and Safety, with predictive and preventive technologies. By working with companies to set a new standard of protocols through Artificial Intelligence and health diagnostics, Company provides progressive solutions to support the supply chain. Additional information on Datametrex is available at www.datametrex.com.

For further information, please contact:
Marshall Gunter – CEO
Phone: (514) 295-2300
Email: [email protected]

Neither the TSX Venture Exchange nor it’s 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.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not historical may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.

Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the time such forward-looking information is made. Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

View the PCL test by clicking the link PCL COVID-19 ANTIBODY TEST – COV0

About Datametrex

For further information, please contact:
Marshall Gunter – CEO
Phone: (514) 295-2300
Email: [email protected]

Forward-Looking Statements

Tags: AI, Antigen Rapid Diagnosis, bot, covid19, CSE, datametrex, investments, PCL, small cap
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Loop $MTRX.ca Announces Two Webinars For Investor Community $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 3:35 PM on Monday, August 10th, 2020

Announced two webinars taking place on August 11th and 20th
Viewers can log on to RBMG’s live webinar at 4:30PM ET on Aug 11 (1:30PM PT)
Viewers can log on to SmallCap Power’s live webinar at 11:00AM ET on Aug 20th (8AM PT)

VANCOUVER, BC, Aug. 10, 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, announced two webinars taking place on August 11th and 20th through two esteemed investing firm platforms, SmallCap Power and RB Milestone Group (“RBMG”).

HOW TO REGISTER

Loop CEO Rob Anson will be providing an investor update on Loop’s current operations, its upcoming milestones, and how the Company is leveraging its technology for contactless, automated contact tracing to assist brick and mortar businesses reopen their doors in an expedited and safe manner during the pandemic

Viewers can log on to RBMG‘s live webinar at 4:30PM ET on Aug 11 (1:30PM PT).

Register here: https://attendee.gotowebinar.com/register/3783698096339223820. To ask a question, you will need to be logged into the GoToWebinar platform or by emailing your question(s) beforehand to [email protected]. The Webinar will be recorded and posted to Loop’s website following the presentation.

Viewers can log on to SmallCap Power‘s live webinar at 11:00AM ET on Aug 20th (8AM PT).

A STRATEGIC MOVE TO INCREASE THE COMPANY‘S VISIBILITY EXPONENTIALLY

The Company will leverage the two firms’ large investor audiences to widen its visibility and diversify its investment portfolio. SmallCap Power is known to highlight young, innovative companies that have significant growth potential and offers an addressable investor audience of 3 million. RBMG offers Loop a proprietary database comprised of over 10,000 institutional investors, HNWs, UHNWs, family offices, brokers and research analysts throughout the US, setting the stage for Loop’s in-progress listing on the OTCQB® American Venture Market.

CEO Rob Anson explained: “There’s no greater time to become acquainted with Loop’s story and fully understand the scope of this investing opportunity. The company is gaining huge market traction. In July we traded more stocks than we have in this past year while being on the public market; and on July 17th, we saw a 100% increase in stock price. We are catching fire, and we want this to be known among the global investor community.”

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 SmallCapPower: SmallCapPower is the industry’s leading and most trusted source for small-cap stock coverage, research, and analysis. Our investment philosophy is predicated on discovering smaller, underfollowed, and under researched public companies, which have significant growth potential.

About RBMG: Our US advisory practice delivers investor relations programs tailor-made for emerging companies who are private and publicly traded on the NYSE, NASDAQ, OTC, TSX, TSXV, CSE, ASX and AIM. It helps companies refine their communications strategies, weigh data, and advise clients on how to penetrate new markets.

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:

SOURCE LOOP Insights Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2020/10/c9908.html

Loop Insights Inc., Investing Relations, T: +1 877-754-5336 Ext. 4, E: [email protected]; CHF Capital Markets, Cathy Hume, CEO, T: 416-868-1079 x 231, E: [email protected]; LOOP Website: www.loopinsights.ai, Facebook: @LoopInsights, Twitter: @LoopInsights , LinkedIn: @LoopInsightsCopyright CNW Group 2020

Tags: AI, covid19, Covid19 tracing, CSE, internet of things, IOT, tsx
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Loop Insights $MTRX.ca Announces Reseller Partnership And First Sale With Vend, A Global POS Company Used In 25,000 Stores Across 140 Countries $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 7:09 AM on Monday, August 10th, 2020

Announced the signing of a channel reseller partnership with global cloud-based Point-of-Sale (POS) company, Vend, as well as, the first sale to a Vend client
Vend is the first POS built for iOS and is now used in over 25,000 stores across 140 countries. Vend’s fast growth and global reach creates opportunities across the world for Loop and its technology in the retail vertical.
First Implementation with Wild Bird Centers of America Inc. Franchise

VANCOUVER, BC, Aug. 10, 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 announce the signing of a channel reseller partnership with global cloud-based Point-of-Sale (POS) company, Vend, as well as, the first sale to a Vend client.

VEND UNLOCKS ACTIVE OPPORTUNITIES IN $5T GLOBAL RETAIL INDUSTRY

Vend is the first POS built for iOS and is now used in over 25,000 stores across 140 countries. Vend’s fast growth and global reach creates opportunities across the world for Loop and its technology in the retail vertical. To this end, the companies have already secured the first implementation at a Vend client, Wild Birds Centers of America Inc. – a North American aviary retail franchise with 30 stores – and subsidiary of Global Harvest Foods Ltd. Loop plans on widening the scope of opportunity Global Harvest Foods.

Furthermore, Vend is already in discussions with several other retail chains and both companies expect to announce additional implementations in the near future.

Loop Insights CEO, Rob Anson stated “This is a significant partnership for Loop given the fact both companies offer cloud-based services that provide a strong foundation for rapid scalability and growth. We are both driven to acquire multi-store clients to drive faster, larger adoption rates. As seen by our first implementation with Wild Bird Centers of America, VendHQ is already demonstrating huge value to Loop as a channel reseller. With active conversations already taking place with many of Vend’s global clients, our goals for global penetration into retail are already taking shape.”

Jake West, Director of Business Development at Vend stated “We are beyond excited to be partnering with Loop Insights to provide our retailers with robust, enterprise-level tools. With COVID 19, Vend has seen an increase in the number of mid-market and enterprise retailers that are moving to Vend to take advantage of modern, cloud-based technology. Loop Insights is a perfect complement to Vend’s platform, in that, collectively we are able to deliver enterprise & franchise reporting tools, deep product insights and even trends on consumer behavior to our retailers. Vend has long had a partner focused approach, where we partner with the best-of-breed companies like Loop to deliver our clients with an overall superior experience.

LOOP’S SOFTWARE INTEGRATION CREATES SCALABLE CHANNEL RESELLER OPPORTUNITIES

The addition of Loop’s API provides Vend clients the unique ability to connect transactional data across all physical retail locations and e-commerce platforms for single stores, multi-store franchises, and international enterprise retail customers. The companies will first integrate Loop’s powerful insights service at Wild Bird Centers of America—a franchise with 30 retail stores in Canada and the United States; Loop plans on widening the scope of opportunity to its umbrella company, Global Harvest Foods Ltd.

Without the need for hardware, Loop Cloud delivers a frictionless implementation process that allows for large-scale adoption and, ultimately, adds high margin revenue-generating power to Loop’s current Software as a Service(SaaS) revenuemodel. As a channel reseller for Loop’s technology, the companies anticipate revenue from onboarding fees and SaaS fees. Loop’s software API integration also supports seamless access to its other AI-driven services: automated personalized engagement and programmatic advertising. The addition of these services would increase the clients’ monthly SaaS fees, and add additional revenue for Loop through distribution/redemption of third-party promotions.

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 Vend: Vend is a cloud-based point-of-sale and retail management software that lets retailers run their business in-store, online, and on-the-go. Vend includes inventory management, Ecommerce integrations, customer loyalty, and reporting analytics tools. The first POS built for iOS, Vend is trusted by retailers in over 140 countries and is used in more than 25,000 stores worldwide. Vend integrates with leading tools like Bigcommerce, Quickbooks and Marsello and provides seamless integrated payment options by partnering with major banks and processors around the world. Founded in 2010, Vend has offices in Auckland, London, Toronto and Melbourne, and has raised more than $50 million from top-tier investors. For more information, please visit: https://www.vendhq.com/

Forward-Looking Statements/Information:

LOOP Website: www.loopinsights.ai

Facebook: @LoopInsights

Twitter: @LoopInsights

LinkedIn: @LoopInsights

SOURCE LOOP Insights Inc.

Tags: AI, covid19, Covid19 tracing, CSE, internet of things, IOT, tsx, tsx-v
Posted in Featured, Loop Insights Inc. | Comments Off on Loop Insights $MTRX.ca Announces Reseller Partnership And First Sale With Vend, A Global POS Company Used In 25,000 Stores Across 140 Countries $QUIS.ca $MCLD.ca $NXO.ca

Loop Insights $MTRX.ca Receives Over $900,000 from Exercise of Warrants, Bolstering Company’s Financial Position $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 7:11 AM on Thursday, August 6th, 2020

Announced the receipt of more than $900,000 from the exercise of warrants
In addition to the closing of the recent private placements totaling 2.7 million dollars, the proceeds from the recent exercise of warrants is expected to provide Loop with the financial resources to fund operations and execution of its business plan for a minimum of 12 months
Financial security enables the Company to execute on its business plan and to pursue future opportunities, which not only creates shareholder value but also positions the Company well for possible mergers and acquisitions

VANCOUVER, BC, Aug. 6, 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 receipt of more than $900,000 from the exercise of warrants.

WARRANT PROCEEDS SUPPLEMENT FUTURE GROWTH CAPITAL

In addition to the closing of the recent private placements totaling 2.7 million dollars, the proceeds from the recent exercise of warrants is expected to provide Loop with the financial resources to fund operations and execution of its business plan for a minimum of 12 months. Financial security enables the Company to execute on its business plan and to pursue future opportunities, which not only creates shareholder value but also positions the Company well for possible mergers and acquisitions.

In addition, the Company is currently generating revenue, and anticipates meaningful revenue from its current, pending and anticipated contracts over the next 12 months. Due to the stabilization of Loop’s share price, the Company expects to receive additional proceeds from further warrant exercises. With sufficient cash reserves in the bank, increasing revenues and further warrant exercises being highly likely, Loop is confident that it is, and will continue to be, sufficiently funded to pursue all current, pending and future business opportunities as the demand continues to grow globally for its artificial intelligence and contactless solutions.

FINANCING PROCEEDS IN 2020 TOTAL APPROXIMATELY 3.6 MILLION DOLLARS

CEO Rob Anson stated: “The warrant exercises announced today not only demonstrates that shareholder value is moving in the right direction and that we have the support and confidence of our shareholders, but also significantly bolsters our financial strength and resources necessary to capitalize on the many current and future opportunities at hand. Loop appreciates its shareholders’ confidence very much and is committed to further increasing shareholder value as it continues to aggressively pursue its business plan and growth strategy.”

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

Forward-Looking Statements/Information:

Tags: AI, covid19, Covid19 tracing, internet of things, IOT
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Datametrex $DM.ca Commenced Rolling Out COVID-19 Screening Solutions in Anticipation of P.O. From Educational Organizations

Posted by AGORACOM-JC at 9:10 AM on Wednesday, August 5th, 2020

Commenced rolling out its screening solutions for health and safety in the education sector in anticipation of Purchase Order from schools and international student recruiting agencies by launching of the new COVID-19 pre-screening and screening tools
As the current pandemic continues to impact our world, education is one of the most hit industry
With schools plan to reopen in September, Datametrex is offering solutions to educational organizations for the health and safety of students, teachers, and administrative staff

TORONTO, Aug. 05, 2020 — Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV: DM, FSE: D4G, OTC: DTMXF) – Through its COVID-19 screening solutions, Datametrex has commenced rolling out its screening solutions for health and safety in the education sector in anticipation of Purchase Order from schools and international student recruiting agencies by launching of the new COVID-19 pre-screening and screening tools.

As the current pandemic continues to impact our world, education is one of the most hit industry. With schools plan to reopen in September, Datametrex is offering solutions to educational organizations for the health and safety of students, teachers, and administrative staff. A recent article by the CBC mentioned that language and private schools are struggling to survive the pandemic because they depend on international students coming into Canada. There are roughly 200 language schools across the country, with 40,000 international students in attendance. With the tools available by Datametrex, these organizations could pre-screen, screen, and report on exposures to decrease the spread and mitigate the risk. (https://www.cbc.ca/news/business/language-schools-covid-foreign-students-1.5668592)

“With schools poised to reopen in Fall, we offer important tool to the education industry. Key is not only opening up the school but also maintaining schools to stay open,” said Marshall Gunter, CEO of Datametrex. “With our pre-screening and screening tools, educational organizations can now provide a safer academic environment to the students and safer workplace to teaching staff with rapid results and trends for COVID-19 in real-time.”

These tools were developed as a direct response to customer needs and the ever-changing physical distancing recommendations, safety guidelines, and workplace flexibility initiatives being observed across North America and around the globe.

About Datametrex
Datametrex AI Limited is a technology-focused with exposure to Artificial Intelligence and Machine Learning through its wholly-owned subsidiary, Nexalogy (www.nexalogy.com). Datametrex’s mission is to provide tools that support companies in fulfilling their operational goals, including Health and Safety, with predictive and preventive technologies. By working with companies to set a new standard of protocols through Artificial Intelligence and health diagnostics, Company provides progressive solutions to support the supply chain. Additional information on Datametrex is available at www.datametrex.com.

For further information, please contact:
Marshall Gunter – CEO
Phone: (514) 295-2300
Email: [email protected]

Forward-Looking Statements

Tags: AI, bot, covid19, CSE, datametrex, investments, small cap
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Artificial Intelligence (AI) in Retail Market Worth $19.9 billion by 2027

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