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Loop Insights Signs Letter of Intent for $2,000,000 Licensing Deal with Maitri Health Technologies to Combine PPE, Artificial Intelligence and Proptech In First-Ever Globally Scalable Offering


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Combination of Loop technologies with Maitri platform has potential to create new paradigm in $120 Billion PPE market.
VANCOUVER, BC, March 1, 2021 /PRNewswire/ - Loop Insights Inc. (TSXV: MTRX) (OTCQB: RACMF) (the Company or Loop ), 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, is pleased to announce the signing of a letter of intent (LOI) for the grant of a non-exclusive license to Maitri Health Technologies Corp. (CSE: MTEC) for various aspects of Loop s technology in return for CDN$2,000,000 in cash and common shares as well as a revenue-sharing arrangement. ....

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