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Loop Insights partners with Sun Global Broadband to provide contactless solutions for Tokyo Summer Olympics

Published: 08:20 19 May 2020 EDT

Loop Insights Inc. - Loop Insights partners with Sun Global Broadband to provide contactless solutions for Tokyo Summer Olympics
The Tokyo Summer Olympics are now due to begin in July 2021, having been delayed for a year

Loop Insights Inc (CVE:MTRX) said it has signed a memorandum of understanding (MOU) with Sun Global Broadband (SGB), a super long-range WiFi specialist, to target international tourism and public safety in the State of Hawaii and for the 2021 Tokyo Olympic Summer Games.

Under the deal, the two companies will work together to implement Loop products in SGB’s current and future projects in Hawaii, the verticals of which include smart city, hospitality, food and beverage, convenience and retail applications.

WATCH: Loop Insights announces digital receipt platform to reduce point of sale person to person contact

The Pacific state’s tourism industry sees 9.4 million visitors annually with an economic value of around $16.8 billion.

SGB has also agreed to introduce Loop to its global partnerships and will look to leverage its network to deliver a fully integrated solution for many opportunities, including the introduction to Japanese companies for the 2021 Summer Olympic Games.

In a statement, Loop Insights chief executive Rob Anson said: “In addition to bringing incredible global connections, SGB offers world class Wi-Fi that is comparable to cellular reach of over one mile, and mobility for city driving - we are excited to leverage each other’s networks to offer an enhanced contactless solution to our clients, as they prepare for a successful reopening according to retail’s ‘new normal.’”

SGB CEO Edward Sun added: “We are excited to bring the Loop technologies to our many projects. We are focused on delivering contactless solutions - to bring confidence back into public places and expedite brick and mortar retail’s recovery.

"We see this being a crucial part of many projects here in Hawaii, as well as with our partners in Japan. Loop Insight’s Artificial Intelligence transaction platform integrates with SGB’s Public Safety Fever-Check and Beach Safety Systems, Retail Eco-System, and Hospitality Systems for Hawaii.”

Loop is a Vancouver-based technology company that has developed a unique automated artificial intelligence (AI) marketing platform intended to level the playing field for brick and mortar retailers in their battle with online digital competition.

It gives brands and retailers the capability to inter-connect their physical and digital ecosystems by using a device that can be plugged into any point of sale environment, independent of hardware or IT networks, thus enabling rapid deployment and global scale.

Contact the author at calum@proactiveinvestors.com

Follow him on Twitter @Cal_Proac

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