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Loop Insights Releases Smart Health Contactless Platform

Written by Fobi | Apr 20, 2020 7:00:00 AM

VANCOUVER, BC, April 20, 2020 – Loop Insights Inc. (TSX.V: MTRX) (the “Company” or “Loop”) —provider of transformative artificial intelligence (AI) solutions—announces its release of its Smart Health contactless check-in platform, which streamlines patient engagement and operations, and reduces transmission of bacteria and disease.

Covid-19 has created a new set of standards and expectations for sanitation that will carry over as the “new normal” across all industries. Any physical card, ID or medical documentation can carry transferrable bacteria and viruses. By eliminating the exchange of these materials at the point of check-in, Loop’s Smart Health device minimizes the chances of transmission.

All industries are rushing to adopt contactless, transformative technologies—the healthcare industry is no exception. Loop’s platform seamlessly integrates into current outdated legacy systems, delivering a future proof solution that is cost-efficient and convenient.

Rob Anson commented: “As a result of the Covid-19 pandemic, everyone is more cautious about the exposure and spread of bacteria and viruses, especially when entering a healthcare facility. Through our contactless platform, we provide that sense of safety and security for both patients and healthcare staff—something that is sought after globally right now.”

Loop’s Smart Health device requires a simple tap of the patient’s mobile phone to check in and verify their ID. Patients have frictionless access to everything they need in one simple wallet pass: real-time notifications and wait time updates; requisition information; 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.

For more information, please contact:

Loop Insights Inc.

Investor Relations
T: +1 877-754-5336 Ext. 4

CHF Capital Markets

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

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.