NetworkNewsBreaks – Loop Insights Inc. (TSX.V: M
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Posted On: 02/08/2021 3:31:35 PM
NetworkNewsBreaks – Loop Insights Inc. (TSX.V: MTRX) (OTCQB: RACMF) Announces Contract to Provide COVID-19 Safety Protocols to Leading Canadian Ski Resort
Loop Insights (TSX.V: MTRX) (OTCQB: RACMF), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights, enhanced customer engagement, and automated venue tracing to the brick-and-mortar space, has been selected by Big White Sky Resort to execute its venue management-platform. The resort expects Loop Insights to facilitate complementary COVID-19 safety protocols for its visitors and staff using Loop’s proprietary platform. The announcement noted that the agreement has potential to generate $7.2 to $9.6 million in newline revenues for both companies. Loop Insights will instigate the safety protocols at all Big White Ski Resort and its facilities. The four-year, venue-management agreement notes that both parties anticipate generating revenue through monthly Software as a Service (“SaaS”) sources, fees generated per active Wallet pass and joint marketing opportunities offered through the Wallet pass. Big White Sky Resort is British Columbia’s second-most popular ski resort, with thousands of guests visiting every year. Loop plans on using its venue tracing technology to provide safety protocols for those guests as well as Big White Sky Resort employees. “We are proud to see the success TELUS has had offering Loop’s products through its IoT Marketplace to such key clients such as Big White Ski Resort,” said Loop Insights CEO Rob Anson in the press release. “The magnitude of this win cannot be overstated. Big White Ski Resort is not only a top Canadian ski resort but also a globally-renowned ski resort that will garner significant attention to our solution. Moreover, as a British Columbia company, Loop is proud to help one of the Province’s biggest tourist attractions via the implementation of our solution stack.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Loop Insights (TSX.V: MTRX) (OTCQB: RACMF), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights, enhanced customer engagement, and automated venue tracing to the brick-and-mortar space, has been selected by Big White Sky Resort to execute its venue management-platform. The resort expects Loop Insights to facilitate complementary COVID-19 safety protocols for its visitors and staff using Loop’s proprietary platform. The announcement noted that the agreement has potential to generate $7.2 to $9.6 million in newline revenues for both companies. Loop Insights will instigate the safety protocols at all Big White Ski Resort and its facilities. The four-year, venue-management agreement notes that both parties anticipate generating revenue through monthly Software as a Service (“SaaS”) sources, fees generated per active Wallet pass and joint marketing opportunities offered through the Wallet pass. Big White Sky Resort is British Columbia’s second-most popular ski resort, with thousands of guests visiting every year. Loop plans on using its venue tracing technology to provide safety protocols for those guests as well as Big White Sky Resort employees. “We are proud to see the success TELUS has had offering Loop’s products through its IoT Marketplace to such key clients such as Big White Ski Resort,” said Loop Insights CEO Rob Anson in the press release. “The magnitude of this win cannot be overstated. Big White Ski Resort is not only a top Canadian ski resort but also a globally-renowned ski resort that will garner significant attention to our solution. Moreover, as a British Columbia company, Loop is proud to help one of the Province’s biggest tourist attractions via the implementation of our solution stack.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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