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Loop Insights Inc.’s (TSX.V: MTRX) (OTCQB: RACMF) Venue-Tracing Solution Key to Bubble Success

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NEW YORK, Dec. 18, 2020 (GLOBE NEWSWIRE) — NetworkNewsAudio – Loop Insights Inc. (TSX.V: MTRX) (OTCQB: RACMF) announces the availability of a broadcast titled, “Loop Insights Achieves World Recognition After First-Ever Fully Integrated COVID-19 Testing, Tracing, Fan-Engagement Solution for NCAA.”To hear the AudioPressRelease, please visit: The NetworkNewsAudio News PodcastTo view the full editorial, please visit: https://nnw.fm/gCCZ6The NCAA has conclusive evidence that a bubble is effective after recently turning to Loop Insights Inc. (TSX.V: MTRX) (OTCQB: RACMF) and its turnkey venue-tracing solution. The organization executed not one but two bubbles to safeguard all involved in basketball games held during 10 days in Nevada (#VegasBubble) and Florida (#BeachBubble).The Loop system, consisting of all the requisite hardware, software, rapid mobile testing and integrated lab results, simply requires users to register and receive a wallet pass on their mobile phones and then tap in at supplied contactless devices, with location-based beacons, GPS and Internet of Things (IoT) technology taking it from there. The system is infinitely scalable and has demonstrated high adoption rates compared to other apps because it doesn’t require users to use any additional hardware or software. The system utilizes a user’s mobile wallet, which is already integrated into their mobile device. Loop uses this same near-field communication (NFC) technology backed by Apple and Google.About Loop Insights Inc.Loop Insights 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. RACMF’s 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 United States, the U.K., Latin America, Australia, Japan and Indonesia. Loop’s products and services are backed by Amazon’s Partner Network and sold through the TELUS IoT Marketplace. For more information about the company, please visit www.LoopInsights.ai.NOTE TO INVESTORS: The latest news and updates relating to RACMF are available in the company’s newsroom at https://nnw.fm/RACMF.About NetworkNewsWireNetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness.NNW is where news, content and information converge.To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only).For more information, please visit https://www.NetworkNewsWire.com.Please see full terms of use and disclaimers on the NetworkNewsWire website, applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/DisclaimerNetworkNewsWire (NNW)
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