VANCOUVER, BC, July 29, 2020 /CNW/ - Loop Insights Inc. (TSXV:
MTRX) (the "Company" or "Loop"), a provider of contactless
solutions and artificial intelligence ("AI") to drive automated
marketing, contact tracing, and contactless solutions to the brick
and mortar space, is pleased to announce the appointment of Jeffrey
Hyman to the Company's Board of Directors.
Jeffrey previously served on the Board of Advisors.
HYMAN BRINGS OVER 20 OF
EXPERIENCE WITH TIER-1 WALL STREET FIRMS
Jeffrey brings a high level of capital markets knowledge, with
over 20 years of experience in Wall Street investment banking and
financial advisory. As a Managing Director, he ran practice
groups at bulge bracket firms, and also served on the Technology
Committee at J.P. Morgan Chase's Investment Bank. At Guggenheim
Partners, Jeff was Global Co-Head of Municipal, Project and
Infrastructure Finance. He also brings experience leading
large-scale development and redevelopment projects in the US. With
previous projects in industries such as hospitality and
entertainment, casino and gaming, destination and resort, and
public infrastructure projects—Jeffrey's portfolio aligns well with
Loop's target clients and industries.
Jeffrey Hyman stated "I have always been drawn to the
next big thing, whether it is through investment or project
development. Since my appointment to the Board of Advisors in
April, Loop has not only stayed relevant, it has caught fire— as
demonstrated by recent high-profile announcements. It's clear that
there is a place for Loop's solution in many lucrative industries;
I plan on lending my expertise and leveraging my connections to
accelerate the company's expansion into the global market."
Loop CEO, Rob Anson stated
"Jeffrey's capital markets knowledge
comes at a pivotal time, as we begin to gain significant attention
from investors on both sides of the border, as well as, national
and international organizations that are rapidly interested in
deploying our technology. We're lucky to have
Jeffrey on our Board of Directors to support our growth in capital
markets, as well as, expand our business into the industries of
hospitality and resort, sports and entertainment, and casino
gaming."
This Press Release Is Available On The Loop Insights Verified
Forum On AGORACOM For Shareholder Discussion and Q&A
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.
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.