Trackloop Analytics Corp.

(CSE:TOOL) (OTCQB:TLOOF)

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TRACKLOOP COLD-CHAIN TRACKING SOLUTION DISPLAYED ON ONE OF THE FIRST ALL ELECTRIC REFRIGERATED DELIVERY VEHICLES DEMONSTRATED IN NORTH AMERICA

THE TWO VEHICLES ARE CURRENTLY BEING DEMONSTRATED IN NEW YORK AND CALIFORNIA

 

Vancouver, British Columbia – February 14, 2019 — Trackloop Analytics Corp. (“Trackloop” or the “Company”) (Canadian Securities Exchange: TOOL, FRANKFURT: B2IP, OTCQB: TLOOF) is pleased to announce, in collaboration with Volta Air Technologies (“Volta Air”) and BYD Company Ltd (OTC: BYDDF), one of the first all-electric refrigeration delivery vehicles demonstrated for commercial use in North America. BYD, of which Berkshire Hathaway Inc. (NYSE: BRK.A) is one of the biggest shareholders, is the largest electric vehicle manufacturer in the world. BYD plans to offer all-electric refrigeration delivery vehicles in North America. The demonstration vehicles use Volta Air’s latest transport refrigeration unit equipped with Trackloop’s real-time cold-chain monitoring & tracking software to create zero-emissions refrigerated delivery vehicles.

 

This collaboration has created a disruptive solution which will be alternative to conventional refrigeration units for urban delivery vehicles. Most delivery vehicles used commercially are either petrol-powered or diesel-powered and consume a significant amount of fuel. Trackloop’s software allows users to monitor and control all systems related to operation of the refrigeration unit, as well as location tracking. The two vehicles are currently being used for commercial demonstration purposes by Baldor Electric Company, owned by ABB Group (NYSE: ABB), in New York and Raley’s Supermarkets & D&D Produce in California. The vehicles have also been showcased at several food delivery and advanced transportation expos.

 

 

“We are very proud to be with leaders in the the food logistics industry, involved in building a more sustainable future. Working with BYD Motors and Volta Air on this project to successfully demonstrate the value of all-electric refrigeration delivery vehicles is a massive milestone in the company’s roadmap, and the industry as a whole”, said Trackloop CTO, Zayn Kalyan.

 

Trackloop is looking beyond existing technology to the future of the delivery vehicle industry as electrification and automation takes over the motor-vehicle industry as a whole. The company’s vision is to be vehicle agnostic and push the envelope, ensuring robust integration to electric and autonomous delivery vehicles. Trackloop’s software is ahead of the curve for operational data collection and analytics, both of which are crucial for the development and advancement of the integrated technologies. Through partnerships with OEM automotive manufacturers, Trackloop aims to become the software of choice for delivery tracking used in urban delivery vehicles and eventually the rest of the supply chain.

 

About TrackLoop Analytics Inc.

TrackLoop Analytics (TOOL) is an analytics software company that is leveraging digital asset technology to transform and modernize multiple industries. TrackLoop is taking a diversified approach to the analytics and technology space, delivering practical solutions in the finance, logistics, cannabis, and pharmaceutical industries. The Company’s turnkey real-time tracking solutions offer the very latest in IoT and AI, providing valuable data and business intelligence to some of the world’s leading brands.

 

TrackLoop is a publicly-traded company listed on the Canadian Securities Exchange (CSE); trading symbol TOOL (C.TOOL or TOOL.cn). For more information about the company please contact us at 1-778-938-3367.

Zayn Kalyan

Chief Technology Officer

 

Forward-Looking Information

 

Forward-Looking Information This news release contains forward-looking information based on current expectations. Statements about the Company’s plans and intentions, signing contracts, potential revenues, expansion into the U.S. market, other potential transactions, product development, events, courses of action, and the potential of the Company’s technology and operations, among others, are all forward-looking information. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company’s financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; market conditions and the demand and pricing for products; security threats; relationships with its customers, distributors and business partners; the ability to successfully define, design and release new products in a timely manner that meet customers’ needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. TrackLoop may not actually achieve its plans, projections, or expectations. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, the ability to successfully develop software, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to achieve goals. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward looking statements.

 

Factors that could cause the actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, the impact of technology changes on the industry, competition, security threats, consumer sentiment towards TrackLoop’s products, services and blockchain technology generally, failure to develop new and innovative products, litigation, increase in operating costs, lack of demand for TrackLoop’s products and services, increase in labor costs, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.

 

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

 

The CSE has not reviewed, approved or disapproved the content of this news release.

 

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

 

SOURCE:  Trackloop Analytics Corp.

CALIFORNIA REGULATOR APPROVES TRACKLOOP AS FIRST AND ONLY VENDOR FOR REFRIGERATED SUPPLY CHAIN TRACKING

TRACKLOOP ACHIEVES METRC APPROVAL IN CALIFORNIA, GIVING IT AN ADVANTAGE IN THE BOOMING CANNABIS LOGISTICS INDUSTRY

 

Vancouver, British Columbia – January 23, 2019 — Trackloop Analytics Corp. (“Trackloop” or the “Company”) (Canadian Securities Exchange: TOOL, FRANKFURT: B2IP, OTCPK: TLOOF) is pleased to announce that it has become a verified, California METRC software vendor, with its fully functional API integrated with the State mandated compliance platform. Trackloop is the first company with a cold chain tracking solution to be approved by METRC. The Company’s platform enables the instant and automated recording of all transactions, quality control, deliveries and movement of products. In addition, Trackloop’s solution offers native scheduling and API integration with other scheduling platforms, alongside its flagship cold chain module. No other METRC approved vendor in California has these capabilities in a single, integrated solution.

 

METRC is the State of California’s “track-and-trace” system used to track commercial cannabis activity and movement across the distribution chain (“seed-to-sale”). Reporting to METRC is major requirement of licensed producers and distributors in the State and is mandated by the California Department of Food & Agriculture, alongside the California Bureau of Cannabis Control and the Manufactured Cannabis Safety Branch. METRC compliance and reporting is required by every stakeholder along the supply chain including cultivators, manufacturers, retailers, distributors, testing laboratories and microbusinesses.

 

Trackloop is looking beyond Cannabis industry, expanding its existing business in the food and perishables industry. The Company is currently looking at building its sales channels in California and working with other end-user vendors in the vehicle retrofitting space. At the same time, Trackloop is in the process of METRC approval in multiple other jurisdictions in the US.

 

“We look forward to expanding our footprint in California, delivering innovative and integrated solutions to a highly regulated market. California is a leader in logistics regulation, and we are excited to be working in a progressive jurisdiction paving the way for the rest of the world”, said Trackloop CTO Zayn Kalyan.

 

The approval comes on the heels of California’s Track-and-Trace (Resolution 3702) program announced last week, which according to their website will “Record the movement of cannabis and cannabis products through the state’s supply chain from cultivation to sale.” Any individual seeking a cannabis license, for cultivation or retail purposes, must complete a training session for the track-and-trace system within 10 days of receiving notice that their complete application has been received and approved by the California Department of Tax and Fee Administration (CDFA).

 

About TrackLoop Analytics Inc.

TrackLoop Analytics (TOOL) is an analytics software company that is leveraging digital asset technology to transform and modernize multiple industries. TrackLoop is taking a diversified approach to the analytics and technology space, delivering practical solutions in the finance, logistics, cannabis, and pharmaceutical industries. The Company’s turnkey real-time tracking solutions offer the very latest in IoT and AI, providing valuable data and business intelligence to some of the world’s leading brands.

 

TrackLoop is a publicly-traded company listed on the Canadian Securities Exchange (CSE); trading symbol TOOL (C.TOOL or TOOL.cn). For more information about the company please contact us at 1-778-938-3367.

 

Zayn Kalyan

Chief Technology Officer

 

Forward-Looking Information

 

This news release contains forward-looking information based on current expectations. Statements about the Company’s plans and intentions, signing contracts, potential revenues, expansion into the U.S. market, other potential transactions, product development, events, courses of action, and the potential of the Company’s technology and operations, among others, are all forward-looking information. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company’s financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; market conditions and the demand and pricing for products; security threats; relationships with its customers, distributors and business partners; the ability to successfully define, design and release new products in a timely manner that meet customers’ needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. TrackLoop may not actually achieve its plans, projections, or expectations. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, the ability to successfully develop software, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to achieve goals. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward looking statements.

 

Factors that could cause the actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, the impact of technology changes on the industry, competition, security threats, consumer sentiment towards TrackLoop’s products, services and blockchain technology generally, failure to develop new and innovative products, litigation, increase in operating costs, lack of demand for TrackLoop’s products and services, increase in labor costs, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.

 

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

 

The CSE has not reviewed, approved or disapproved the content of this news release.

 

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

 

SOURCE:  Trackloop Analytics Corp.

Trackloop Announces Listing on United States OTC Market

Listing approval on the OTCPK enables U.S. investors to gain exposure to the unique opportunity Trackloop presents as a major leader in the coldchain (refrigerated supply chain) and logistics industry

 

VANCOUVER, British Columbia, January 22, 2019 – Trackloop Analytics Corp. (“Trackloop” or the “Company”) (Canadian Securities Exchange: TOOL) (FRANKFURT: B2IP) (OTCPK: TLOOF) is pleased to announce that the Company’s shares have begun trading under the ticker symbol “TLOOF” on the OTCPK marketplace.

 

“The U.S. is the world’s largest financial marketplace and has a vibrant economy,” said Trackloop CTO Zayn Kalyan. “Trading on the OTCPK makes Trackloop’s shares more accessible to U.S. investors.” The Company anticipates the listing to bring new liquidity and volume to the stock, in line with future plans for the Company to expand into the U.S. market with its products and services.

 

OTC Markets Listing
The Company has also announced that it has qualified as Current Information by making disclosures available directly to investors on OTC Markets Group | http://www.otcmarkets.com. The company will be trading under the symbol is TLOOF.

 

OTC Markets Group (previously known as “Pink Sheets”) is an American financial market providing price and liquidity information for almost 10,000 over-the-counter (OTC) securities. OTC Pink provides for transparent trading and best execution. OTC-traded securities are organized to inform investors of opportunities and risks.

 

About Trackloop Analytics Inc.
Trackloop Analytics (TOOL) is an analytics software company that is leveraging digital asset technology to transform and modernize multiple industries. Trackloop is taking a diversified approach to the analytics and technology space, delivering practical solutions in the finance, logistics, cannabis, and pharmaceutical industries. The Company’s turnkey real-time tracking solutions offer the very latest in IoT and AI, providing valuable data and business intelligence to some of the world’s leading brands.

 

Trackloop is a publicly-traded company listed on the Canadian Securities Exchange (CSE); trading symbol TOOL (C.TOOL or TOOL.CN).

 

Zayn Kalyan
Chief Technology Officer

 

Forward-Looking Information
Forward-Looking Information This news release contains forward-looking information based on current expectations. Statements about the Company’s plans and intentions, signing contracts, potential revenues, expansion into the U.S. market, other potential transactions, product development, events, courses of action, and the potential of the Company’s technology and operations, among others, are all forward-looking information. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company’s financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; market conditions and the demand and pricing for products; security threats; relationships with its customers, distributors and business partners; the ability to successfully define, design and release new products in a timely manner that meet customers’ needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. Trackloop may not actually achieve its plans, projections, or expectations. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, the ability to successfully develop software, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to achieve goals. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward looking statements.

 

Factors that could cause the actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, the impact of technology changes on the industry, competition, security threats, consumer sentiment towards Trackloop’s products, services and blockchain technology generally, failure to develop new and innovative products, litigation, increase in operating costs, lack of demand for Trackloop’s products and services, increase in labor costs, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.

 

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

 

The CSE has not reviewed, approved or disapproved the content of this news release.

 

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

 

For more information about the company please contact us at +1-778-938-3367
info@trackloop.com

 

SOURCE Trackloop Analytics Corp

About Trackloop Analytics

TRANSFORMING SUPPLY CHAIN TRACKING AND ANALYTICS

 

IoT-Powered Connectivity

 

Monitor, plan and manage your supply chain, anywhere. We deliver a turnkey solution with real-time tracking capability that offers the very latest in IoT and AI technologies, providing valuable data and business intelligence to some of the world’s leading brands.

 

Built On Reliability

 

TrackLoop is an end-to-end, vertically integrated hardware/software company for real-time monitoring, planning and analytics of supply chain. Our solutions overcome challenges in on-demand delivery of products that can break the supply chain.

 

Tracking Cold Chain That Never Breaks

 

We integrate and monitor an unbroken chain of refrigerated equipment and environment that holds the integrity of vaccines, food, or pharma products. Specialized for urban delivery market, our unique IoT-powered predictive analytics provides real-time assessments of the safety, compliance and quality of the delivered products.

 

Inter-operable and Interactive

 

In an ever growing on-demand local deliveries, TrackLoop streamlines the integrity of temperature-sensitive products to real-time fleet dispatching and inventory management, all documented to a decentralized network of records. TrackLoop seamlessly integrates with leading ERP solutions, enabling customers to easily visualize and leverage supply chain analytics for monitoring and planning purposes.

 

Why Trackloop?

 

TrackLoop is quickly setting itself ahead of competitors in the Supply Chain 4.0 space. It is one of the only integrated, end-to-end platforms on the market today. The company brings its own hardware/software expertise for real-time cold chain tracking and supply chain monitoring.

 

Who We are

 

Backed by a team of senior executives and engineers with extensive experience in data analytics, supply chain management, AI, and IoT, TrackLoop is capable of successfully integrating such disruptive technologies into the operations of producers and distributors of all sizes. The team possesses a deep understanding of local, national, and global markets and hands-on experience with digital assets for processing and logistics.

 

What we do

 

TrackLoop is providing one of the first fully integrated Supply Chain Management (SCM), planning and analytics for emerging on-demand urban delivery market. TrackLoop’s turnkey software/hardware with real-time tracking solutions offer the very latest in IoT and AI, providing valuable data and business intelligence to some of the world’s leading brands.

 

How we do it

 

TrackLoop is presenting a framework that involves IoT and smart Supply Chain monitoring, enabling processors to more effectively buy and sell equipment, improve their production cycle, and ship to retailers. For logistics companies, IoT-powered Supply Chain track & trace enable delivery verification and real-time cold chain monitoring that subsequently improves quality of on-demand pickup and drop off transactions.

 

INDUSTRIES

 

– TRACKLOOP FOR THE FOOD INDUSTRY

 

A major opportunity exists in the food delivery industry due to

 

1) systemic food waste problems and
2) the lack of real-time traceability of supply chains.

 

Statistics:

 

  • 40% of the world’s annual food production is lost due to poor logistics, food safety, and lack of training
    In the developed world, more than 30% of all perishable produce and products never make it all the way from the farm to the table.
  • Food waste in the United States alone represents $218 billion in losses, with $18.2 billion lost by grocery retailers in wasted retail space.
  • The global cold chain market is projected to be worth more than $450 billion by 2025.
  • One in six Americans contract a food-borne illness every year, according to the CDC.

 

One of the most effective measures of reducing food losses is implementing cold chain management—namely, temperature-controlled production, storage and distribution activities.

 

The increase in food waste creates an opportunity to apply real-time connectivity and Machine-to-Machine technologies to improve upon the on-demand transportation sector.

 

– TRACKLOOP FOR THE PHARMACEUTICAL INDUSTRY

 

  • A major opportunity is arising in Pharma logistics due to a need for real-time traceability of supply chains.
    There is a dire need to streamline operations in the Pharma supply chain.
  • Pharmaceutical Commerce’s annual market forecast projects 12.7% YOY growth
  • The 2018 market for pharma cold chain logistics is $15 billion.
  • Cold-chain logistics spending is forecast to grow from $13B in 2016 to more than $18B by 2022.

 

“The rule of thumb for many years now has been that the sales volume of temperature-controlled products grows at twice the rate of pharma overall, and that is continuing for the near term,” says Nick Basta, editor of Pharmaceutical Commerce. “Growth rates for the logistics services to deliver these products also grow at a much faster rate than overall pharma logistics…”

 

In the Pharma industry, spending on devices and systems for CRT (controlled-room-temperature) shipping are increasing, with the majority of the spending going to improved monitoring of shipping conditions and increased use of temperature-controlled delivery vehicles

 

The pharmaceutical industry’s increased demand for cold-chain solutions can be attributed to its need for maintaining safety and efficacy of pharmaceuticals. The cold chain in this sector is also driven by strict regulations such as the GDP (Goods Distribution Practices) in the EU.

 

– TRACKLOOP FOR THE CANNABIS INDUSTRY

 

TrackLoop disrupting the massively underserved multi-billion
cannabis logistics market in the USA, Canada, and EU.

 

The cannabis industry needs innovative solutions.

 

Over 65% of the cannabis industry still relies on paper or non-universal record keeping. Current logistics solutions are challenging to implement, due to poor software compatibility and high integration costs.

 

Along the newly developing cannabis supply chain, the demand is growing for real-time and secured traceability.

 

SOURCE:  https://trackloop.com/

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This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

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