Loop Insights and Empower Clinics Combine Venue Tracing With COVID-19 Testing Expertise to Create First Ever “Travel Bubble” Solution for Global Travel Industry Set to Lose $3.3 Trillion - Seite 2

As the front-facing part of the Travel Bubble solution, Loop Insights is a powerful Artificial Intelligence company whose industry-leading venue tracing has gained significant traction towards reopening the tourism, hospitality, and entertainment industries in the United States with the likes of University of Houston and the NCAA Basketball #VegasBubble, as well as, recently being recognized by TELUS as one of the most advanced IoT solutions in the world for their customers.

Loop Insights CEO Rob Anson stated: “We have heard from stakeholders in the entertainment, travel, and hospitality industries that have stressed the importance of an end-to-end integrated solution capable of protecting employees and customers to facilitate a safe economic recovery. In partnership with Empower’s rapid testing technology, Loop has established a comprehensive solution capable of establishing a travel bubble and reopening a significant portion of the global economy.”

Steven McAuley, Chairman and CEO of Empower Clinics, stated: “As we expand our efforts on the Get Back To Work testing initiative, it has become apparent that businesses of all types, large or small, private or public sector require not only fast and accurate COVID-19 testing, but also a comprehensive solution for contact tracing. Establishing a partnership with Loop, working with the RT-PCR and rapid testing capabilities of Kai Medical, allows our companies together to establish a safe and viable economic recovery solution."

AIR CANADA ADVOCATES FOR TEST-BASED APPROACH AND DROPPING 14-DAY MANDATORY QUARANTINE

The Travel Bubble solution comes at a time when both major industry participants and economic experts are calling for solutions beyond quarantining to reopen industries and stave off economic collapse.

On October 6th, Air Canada (AC:TSX) (ACDVF:OTCQX) called for increased testing in lieu of mandatory quarantine periods,

“We believe that a test-based strategy may be a safe alternative to the 14-day quarantine.”

On October 15, 2020 a panel of Canadian economists proclaimed the “economy must remain open despite second wave” or suffer the very likely outcome of bankruptcies and business closures “with hospitality, travel and tourism set for the harshest impact.”

By providing testing, tracking, and real-time reporting, Loop and Empower have created a safe and secure Travel Bubble solution to allow enterprise level businesses to return to full operations, particularly those in the hospitality, travel, and live entertainment industries.