VANCOUVER, British Columbia, January 9, 2020 – LOOP Insights Inc. (TSX.V: MTRX) (the “Company” or “Loop”) announced they will be debuting their new “Tap to Engage” product along with ID TECH at the National Retail Federation’s Retail Show (or “NRF”), the world’s largest retail expo. Loop will be a guest at ID TECH’s booth (#3378). NRF will be held in New York from January 12-14, 2020. The NRF Retail Show will host over 38,000 attendees, 16,000 retailers, and 800 exhibitors – representing 99 countries.Loop’s participation at the NRF Retail Show will provide first-mover advantage through incredible exposure and market access. In addition to such a large viewership, Loop is working alongside ID TECH, a leader in the contactless payments industry. They possess a strong reputation and existing customer base, with over a million contactless devices compatible with Apple Wallet and Google Pay already deployed.Together, Loop and ID Tech will debut their new “Tap to Engage” solution, which infuses artificial intelligence with near-field communication (or “NFC”) tap technology to improve and increase consumer interaction and data exchange. Loop’s new technology creates an engagement solution with easy opt in: one simple tap of a customer’s smart device. It supports customer and retailer interaction at more points of the shopping experience; and its compatibility with Apple Wallet and Google Pay ensures a fast, easy, and secure process.“This new tap solution addresses many pain points for retailers, such as the lack of actionable data, inefficient engagement tools, and poor loyalty programs. We are incredibly excited to debut what we have been working on with ID TECH with such a large retail audience. We showcased this tap solution at the Rockwell Automation Fair in November 2019 and it gathered a lot of interest from retailers. I anticipate a great response here at the NRF Retail Show!” – Loop CSO David Salisbury
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For more information, please contact:
Loop Insights Inc.
CHF Capital Markets
Cathy Hume, CEO
T: 416-868-1079 x 231
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