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TICKERS: MTRX

Tech Firm to Partner with Wallet Pass Developer
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The partnership will facilitate Loop Insights' entrance into additional and international markets.

Loop Insights Inc. (MTRX:TSX.V) which provides artificial intelligence-based technology solutions to brick and mortar retailers, announced in a news release it agreed to partner with mediahelden GmbH, a German wallet pass software firm that offers clients a software as a service solution for mobile marketing.

Loop noted that mediahelden's product, Passcreator, integrates with existing marketing platforms and supports the development of new ones. It is compatible with iOS and Android systems wallet apps, is compliant with the General Data Protection Regulation and is scalable.

"Passcreator provides Loop an agile multilingual product upgrade to support its extension into new markets," the release noted. Loop intends to deploy international projects in various tourist meccas, including Mexico, Indonesia, the United States and, in advance of the 2021 Olympic Games, Japan.

"With Passcreator's ability to manage up to 40 languages and deliver innovative passes quickly and at scale, we are confident that it will support our global expansion without friction," Loop Insights CEO Rob Anson said in the release.

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Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
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5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Loop Insights, a company mentioned in this article.





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