VANCOUVER, British Columbia, June 8, 2020 – Loop Insights Inc. (TSX.V: MTRX) (the “Company” or “Loop”)— provider of transformative artificial intelligence (AI) solutions— announced that it has been accepted into Amazon Web Services’ (“AWS”) Partner Network (“APN”), furthering the Company’s partnership with Amazon.
The APN is the global partner program for leading technology and consulting businesses. More than 90% of Fortune 100 companies utilize APN Partner solutions and services. As a preferred partner, Loop will seize this networking opportunity to gain access to hundreds of ongoing AWS portfolios, as well as co-development projects. The Company will also benefit from larger funding opportunities, and continued AWS resources that support product development, marketing, and sales.
Rob Anson stated: “Loop’s visibility is going to increase exponentially with Amazon’s endorsement. As a result, we expect incredible growth in both our client and partner base. We will leverage the AWS brand and credibility, its top-tier partnership opportunities, and its huge project portfolio to accelerate Loop’s global scalability.”
The APN is known for innovation and customer centricity; therefore, this partner designation instills confidence in Loop’s transformative services. The Company anticipates that this backing will unlock many new conversations with AWS’ large Fortune 500 customer base. Partner designation is only received after a thorough architectural and technical review by AWS.
About APN: is the partner-only section of the AWS site that provides all AWS Partner Network (APN) Partners with the tools and content they need to grow their business on AWS. The APN provides partners with promotional support and other benefits, such as increased visibility throughout the AWS website, opportunities to engage with customers through events and social media, access to funding and go-to-market opportunities, and more.
About Loop Insights: is a Vancouver-based technology company that provides transformative artificial intelligence (AI) solutions to level the playing field between brick and mortar retailers and their online competition. Particularly, Loop’s technology aggregates online and on-premise data to enable real-time, data-driven marketing decisions for an enhanced customer experience. To close the consumer loop, the Company provides retailers and brands complete, real-time redemption metrics—something that does not exist in the brick and mortar environment today. Loop’s products integrate with clients’ existing legacy systems, which supports a seamless and convenient digital transformation.
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.