Loop launches new "Sharing is Caring" initiative

VANCOUVER, BC / ACCESSWIRE / March 30 2020 / Loop Insights Inc. (TSX.V:MTRX) (the "Company" or "Loop") is excited to announce the launch of its "Sharing is Caring" initiative. As the Covid-19 pandemic has now closed most retail and hospitality storefronts, owners are left facing uncertainty and major financial stress. Therefore, Loop is offering a free three-part webinar series that will discuss the state of brick and mortar retail and ways in which business owners can prepare for a successful reopening.

The Covid-19 crisis has amplified the need for brick and mortar businesses to undergo a digital transformation. The focus of this series is to educate webinar attendees on what this entails, and why it is necessary for both recovery and growth. Loop's CEO Rob Anson and CSO David Salisbury will walk through Loop's innovative artificial intelligence (AI) solution stack and how it enables this digital transition. By providing tools that enhance and personalize the customer experience, Loop is confident that brick and mortar retail can push through these hard times together and invest in a viable future.

Loop CEO Rob Anson: "I am very proud of our ‘Sharing is Caring' initiative. Our team did an amazing job developing this Loop webinar platform quickly, in order to assist businesses with their recovery plans. As we value our relationships with our clients, it is very important for us to support brick and mortar's comeback. We would like to offer a free 60-day trial for interested brick and mortar retailers or operators-to kickstart a future that entails long-term sustainability and continual new-line revenue opportunities."

Loop's first webinar of this three-part series will launch at 10:00 AM PST on April 13, 2020. This one-hour webinar will showcase Loop's ability to connect online and on-premise platforms, to open up later discussions on its enhancement of current legacy systems, business models, and revenue generators. Registration for the webinar series will be available on our website in the coming week at https://www.loopinsights.ai/.

More About Loop: Loop Insights Inc. (TSX.V: MTRX) is a Vancouver-based technology company that has developed a unique proprietary platform that combines the power of IoT and AI to level the playing field between brick and mortar retailers and their online competition. Loop gives brands and retailers the ability to connect their physical and digital assets, regardless 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. Loop then delivers attribution with trackable redemption metrics and conversion rates, a capability that previously did not exist. 

For more information, please contact:

LOOP Insights Inc.
Soy Garipoglu, Manager, IR
T: 778-990-8985
E: ir@loopinsights.ca

CHF Capital Markets
Cathy Hume, CEO
T: 416-868-1079 x 231
E: cathy@chfir.com

LOOP Website: www.loopinsights.ai
Facebook: @LoopInsights
Twitter: @LoopInsights
LinkedIn: @LoopInsights

Forward-Looking Statements/Information:

This news release contains certain statements which constitute forward-looking statements or information. 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, and 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.

SOURCE: Loop Insights Inc.