InvestorNewsBreaks – Loop Insights Inc. (TSXV: MTRX) (OTCQB: RACMF) Announces Launch of Multilingual Platform, Issues Corporate Update

December 11, 2020 11:40:13

Loop Insights (TSXV: 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, today announced several corporate updates including the launch of a multilingual platform. The move will support Canada-wide opportunities with national brands, and the release of Loop’s multilingual capabilities for its digital wallet and venue management platform are essential to anticipated national rollouts of each of its platforms. According to the update, supported languages include English, French and Spanish. “We have now commenced significant discussions surrounding travel bubble opportunities with some of North America’s largest airlines, resort operators, venues, and hospitality groups globally,” Loop CEO Rob Anson said of one of its solutions the company intends to expand in the near future. “We anticipate this new revenue stream may be significant for the company as we progress these opportunities in 2021.”

To view the full press release, visit https://ibn.fm/qXi52

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. 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. For more information, visit the company’s website at 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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