17:11:07 EDT Sat 18 May 2024
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Impact Analytics Inc
Symbol PACT
Shares Issued 27,392,540
Close 2024-02-06 C$ 1.64
Market Cap C$ 44,923,766
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Impact Analytics launches Pulse pilot program

2024-02-07 12:05 ET - News Release

Mr. Eric Entz reports

IMPACT ANALYTICS ANNOUNCES PULSE PILOT PROGRAM AND EUROPEAN ROADSHOW

Impact Analytics Inc. has launched its intelligent software pilot program, Pulse, which is designed to allow users to build off of, and advance, select capabilities of Impact Analytics' proprietary software currently under development by the company.

The Pulse program's goal is to create sustainable partnerships with early-stage partners. Through the Pulse program, partners will be able to gain early access to the company's current product suite, including Lana Cash and Credissential, in order to pilot such products. In the context of the Pulse program, a pilot means an initial partnership designed to evaluate use cases and establish a road map for product development. It is expected that following the pilot phase, the company and potential partners will enter into a definitive commercial agreement governing the development or adaptation of the company's product stack.

The Pulse program is also intended to allow the company and partners to develop complementary products bespoke to the particular partner, building off of the company's proprietary algorithms and source code. The company views the Pulse program as an essential step in becoming a market disruptor in risk assessment and believes that unique perspectives provided by partners in the Pulse program will help the company develop unique use cases by building on or complementing the current product stack. The company is currently seeking potential partners for the Pulse program across all sectors, with a focus on the financial and fintech sectors.

Eric Entz, the chief executive officer of the company, stated: "We are excited to announce the Pulse program. We believe that developing early-stage partnerships will enhance our products under development, as well as may lead to the creation of new products which complement our current corporate objectives."

More information on the Pulse Program can be found on the company's website.

European road show

The company further announces that it will begin a week-long tour of three important European financial centres, beginning on Feb. 11, 2024. In addition to one-on-one meetings with local investors and investment managers, management will take part in investment industry events in select cities.

"We view Europe as an important marketplace for Impact Analytics and I look forward to strengthening our relationships with European investment professionals," stated Mr. Entz, the CEO of the company.

It is expected that the company will meet with multiple family offices, investment banks, private investment clubs and wealth funds. The road show is being organized by Scandinavian Alliance and will take place in Amsterdam, Brussels and Stockholm.

About Impact Analytics Inc.

Impact Analytics is a risk assessment, data intelligence and financial services platform powered by artificial intelligence. The company is building a proprietary product stack to optimize and streamline financial decision-making for enterprises and individuals.

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