In addition to mobilizing its own nationwide direct sales force and national marketing tools, TELUS is also launching an expanded sales & marketing campaign through The Acquisition Group (“TAG”). TELUS and TAG will focus on driving:

• The material benefits from both Loop’s venue tracing solution in support of limiting controlling and eradicating the threat of Covid 19; and 
• The customer intimacy benefits from Loop’s Fobi device as a means of stimulating the market opportunity for these key verticals.

Andrew Turner, TELUS VP Strategic Operations stated “Telus has a long-standing successful relationship with The Acquisition Group and our commitment today is the beginning of a structured sales and marketing promotion facilitated by TELUS in order to address the relevancy and immediate opportunity for the Loop solutions throughout our collaborative customer base.”

Loop Insights CEO Rob Anson stated “It has been a great experience working with the TELUS team and the great support we have received since we officially started working together in October. Today’s commitment to significantly expanded sales and marketing is a great show of confidence and even greater validation of our capabilities. Since the launch of our second product in the Telus IoT Marketplace in December, there has been a great level of interest in our product line and we are looking forward to a very strong roll out now with the addition of The Acquisition Group.”

THE ACQUISITION GROUP – TELUS PARTNER FOR OVER 10 YEARS – TO FOCUS ON HOSPITALITY, RETAIL, AND HEALTHCARE INDUSTRIES

The Acquisition Group (TAG) is a specialized independent sales and marketing organization supporting a number of blue-chip clients in Canada and North America with a specific focus on the information, communication, and technology sector. TAG enables organizations to enhance internal sales and marketing resources and complement core capabilities in order to scale effectively and respond to rapid growth opportunities. TAG has been a key TELUS partner for over 10 years and has supported a number of strategic sales and marketing campaigns, most recently the B2B program for SMB’s across Canada. This initiative focused on the sales of Voice, Data, and Mobility solutions including the innovative suite of IoT Solutions.

Farid Vaziri, Vice President Operations at The Acquisitions Group stated “we have been extremely impressed with the solution stack Loop has developed and we are excited by the potential to enhance the IoT Solutions Portfolio within the TELUS IoT Marketplace. As we all begin to refocus our energies as a result of the impact of COVID on the business community, we see a huge market opportunity for the services that Loop is able to deliver with immediate benefit to the Hospitality, Retail, and Healthcare sectors to name just three.”

On October 15th, Loop announced the significant milestone of having been accepted into theTELUS IoT Marketplace. The Company’s first product accepted into the IoT Marketplace was our contact tracing product, which has received significant exposure to many of TELUS’s largest customers and ongoing significant discussions with them.  The third party validation that came with this acceptance has been instrumental in Loop’s contact tracing discussions with large corporate customers around the world.

On December 3rd, Loop announced the Launch Of A Second Product Into The TELUS IoT Marketplace For National Sales and Marketing To TELUS Business Customers. The Company’s second product accepted into the IoT Marketplace was our Insights service which consists of our IoT Fobi device, Loop Cloud API, and AI Insights Portal that provide automated marketing capabilities.  Connected between the printer and point of sale, Loop’s Fobi device’s real-time capabilities are driven by Artificial Intelligence to enhance the shopping experience. Providing data-driven product suggestions and unique discount codes for future use, Loop enables customers to increase revenues through increased spend per customer. 

On December 21st Loop announced the January 2021 launch of its Digital Connect Health Platform, a fully-integrated digital healthcare solution designed for both government and private sector. The launch comes after continuous discussions and requests from government leaders, both Provincial and Federal, over the past 7 months after the April 20 launch of the Beta version of its Smart Health contactless check-in platform, which streamlines patient engagement and operations. 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, including real-time notifications, testing and tracing updates, critical health information, and more.

This Press Release Is Available On The Loop Insights Verified Forum On AGORACOM For Shareholder Discussion And Management Engagement https://agoracom.com/ir/LoopInsights/forums/discussion

About Loop Insights

Loop Insights Inc. is a Vancouver-based Internet of Things (“IoT”) technology company that delivers transformative artificial intelligence (“AI”) automated marketing, contact tracing, and contactless solutions to the brick and mortar space. Its unique IoT device, Fobi, enables data connectivity across online and on-premise platforms to provide real-time, detailed insights and automated, personalized engagement. Its ability to integrate seamlessly into existing infrastructure, and customize campaigns according to each vertical, creates a highly scalable solution for its prospective global clients that span industries. Loop Insights operates in the telecom, casino gaming, sports and entertainment, hospitality, and retail industries, in Canada, the US, the UK, Latin America, Australia, Japan, and Indonesia. Loop’s products and services are backed by Amazon’s Partner Network.

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.