VANCOUVER, BC, September 18, 2019 – LOOP Insights Inc. (TSX.V: MTRX) (the “Company” or “Loop”) is pleased to announce that David Salisbury, former Star Micronics Director of Product Development, has been appointed Loop’s Chief Strategy Officer. In this newly created position, Mr. Salisbury will work closely with the CEO, Rob Anson and be responsible for guiding the development of the company’s strategic priorities across all corporate initiatives.
Mr. Salisbury came to Loop following 25 years of technology industry leadership with Star Micronics Corporation, where he has held positions as Director or Global Development, Director Global Marketing and most recently Director of Product Development for Star Micronics Cloud.
“David Salisbury is a huge hire for Loop. He has had almost 30 years at one of the largest global POS printer companies and we are very excited to add his diverse expertise to our amazing talented team. As Loop is growing quickly and engaged in several large-scale projects globally, David’s vast experience will play a critical role in accelerating these opportunities.” comments Rob Anson, CEO of Loop.
David Salisbury states: “I am extremely excited to be joining the Loop team as their company vision is very aligned with my own passions. The first time I met with Rob Anson and the Loop team and saw their technology and vision I knew the immediate opportunity Loop has to redefine a solution that actually delivers results for the physical retail environment. I see the agility in Loop’s business and the power of what Loop is building to put the power back in the hands of the physical retailer so they can better partner with their vendors and give their consumers a more personalized shopping experience”.
LOOP Insights Inc. (TSX.V: MTRX) is a Vancouver-based technology company that has developed a unique automated AI marketing platform intended to level the playing field for brick 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 device that can be plugged into any point of sale environment, independent of hardware or IT networks, thus enabling rapid deployment and global scale. 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.
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.