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AI Company Forms Strategic Alliance to Access Global Hospitality Industry
News Update

Source:

Loop Insights reported that it is partnering with Omnivore to strategically move into the restaurant and hospitality industry.

Artificial intelligence solutions provider Loop Insights Inc. (MTRX:TSX.V) in a news release announced that "it has now entered into a partnership with Omnivore, a universal point-of-sale (POS) connectivity platform enabling instant access to hundreds of brands and technology providers to integrate seamlessly."

The company stated that it is employing its latest cloud software technology called the "Loop Cloud" to make a strong strategic move to partner with Omnivore, which it calls the leading software integrator in the restaurant and hospitality industry. The firm advised that integrating with Omnivore's Connectivity Platform allows its services to be instantly available to hundreds of restaurant brands and POS companies and that this integration will streamline new client onboarding and allow Loop to scale quickly in the global hospitality market.

The company's Chief Strategy Officer David Salisbury commented, "Through Omnivore's App Marketplace, restaurant operators will instantly be able to purchase and use Loop's rapidly expanding portfolio of products and services designed to drive personalized automated marketing and contactless solutions."

Loop Insights' CEO Rob Anson remarked, "We've gained incredible momentum since our appointment into the Amazon Partner Network("APN"), as many hospitality clients are reopening their businesses. The integration provides Loop instant scalability throughout Omnivore's extensive partnership network."

The company explained that Omnivore is reinventing the retail and hospitality sectors by connecting a retailer's point-of-sale with new technologies that drive consumer engagement and enhance user experience. The firm added that Omnivore's cloud platform enables integration through a seamless API for connecting POS systems and helps restaurants discover apps for reservations, payments and delivery and provides real-time access to consumer purchase intelligence.

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Disclosure:
1) Stephen Hytha compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. He or members of his household own securities of the following companies mentioned in the article: None. He or members of his household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Loop Insights. Please click here for more information. Within the last six months, an affiliate of Streetwise Reports has disseminated information about the private placement of the following companies mentioned in this article: Loop Insights.
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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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