VANCOUVER, British Columbia, July 8, 2019 – Loop Insights Inc. (TSX.V: MTRX) (the “Company” or “Loop”), which offers an automated marketing platform powered by artificial intelligence (“AI”), is pleased to announce the appointment of Mr. Peter Green to Loop’s Board of Directors. Mr. Green has also been hired as a Consultant tasked with architecting and implementing Loop’s go-to-market strategy for global telecom and channel partnerships.
Mr. Green’s highly successful career has included having initiated and led the consummation of the largest contract in TELUS history with the British Columbia Government and having lead the transition in TELUS’ Small and Medium Business categories from declining revenues to 100 million dollars within 2 years and having led the transition of the UK and Ireland business at Cable and Wireless. Mr. Green offered: “Having spent the majority of my career in Telecom, I am very excited to have joined Loop as a director as well help architect the strategy for the Telecom and Channel Partnerships. I truly believe the IOT product that Loop has developed for the telecom industry will quickly disrupt the global telecom space. Providing SIM partnerships and a turn-key IOT solutions for Telecom companies will be very exciting”.
Loop offers a simple solution to seamlessly connect insights across all channels, optimizing operational efficiencies and profitability. The Loop Platform has been architected for large scale deployment and provides unparalleled insights and sales intelligence. Loop’s technology will quickly disrupt the way data is being collected, analyzed and actioned for the physical brick and mortar retailers and brands.
Loop is a technology company that has developed a unique automated AI marketing platform that is leveling the playing field for bricks and mortar retailers in their battle with online digital competition. Loop gives brands and retailers the capability to inter-connect their physical and digital ecosystems by using the Loop device that can be plugged into any point of sale environment, independent of hardware or IT networks, thus enabling rapid deployment and global scalability. By using Loop’s “Bricks and Clicks Solution”, it is management’s belief that retailers and brands will be able to transform the way they conduct their business. Retailers and brands benefit from making real-time, data-driven decisions that help them curate unique personalized customer experiences in stores, a capability which previously did not exist.
Forward Looking Statements/Information:
This news release contains certain statements which constitute forward looking statements or information, including statements regarding Loop’s business and technology; the ability of Loop to engage with industry participants to achieve its goals; the development of Loop’s technology; and the viability of Loop’s business model. 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, 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.
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