InvestorNewsBreaks – Loop Insights Inc. (TSX.V: MTRX) (OTCQB: RACMF) Appoints New CFO with Extensive Cross-Section of Experience

December 15, 2020 10:19:02

Loop Insights (TSX.V: MTRX) (OTCQB: RACMF), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights, enhanced customer engagement, and automated venue tracing to the brick-and-mortar space, has named Mark Lotz as its new chief financial officer. The appointment is effective Dec. 11, 2020. A chartered professional accountant, Lotz earned a bachelor’s degree in business administration with a joint major in economics and has 26 years of post-qualification experience. He has broad expertise in capital markets across a wide cross-section of industries including SaaS, manufacturing, mining, technology and financial services. Lotz has served as CFO and held other senior financial positions with several well-recognized mining, exploration  and securities companies. In addition to the appointment of Lotz, Loop noted that former Abbey Abdiye had resigned to pursue other opportunities.

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About Loop Insights Inc.

Loop Insights 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. RACMF’s 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 United States, the UK, Latin America, Australia, Japan and Indonesia. Loop’s products and services are backed by Amazon’s Partner Network and sold through the TELUS IoT Marketplace. For more information about the company, please visit www.LoopInsights.ai.

NOTE TO INVESTORS: The latest news and updates relating to RACMF are available in the company’s newsroom at https://ibn.fm/RACMF 

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