15:06:04 EDT Sat 18 May 2024
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Impact Analytics Inc
Symbol PACT
Shares Issued 28,023,932
Close 2024-03-21 C$ 1.69
Market Cap C$ 47,360,445
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Impact Analytics talks Pulse program partnerships

2024-03-22 10:00 ET - News Release

Mr. Eric Entz reports

IMPACT ANALYTICS ADDS FOUR ENTERPRISE PARTICIPANTS TO PULSE PARTNERSHIP PROGRAM

Impact Analytics Inc. has provided an update on partnerships entered into in connection with the Pulse pilot program. Since debuting the Pulse program, the company has entered into four unique preliminary partnership agreements with enterprise-level organizations across target verticals. The partnerships consist of enterprise-level organizations, both domestic and international, focused on financial services, auto-lending advisory, and ESG (environmental, social and governance) data management verticals.

Through the Pulse program and the integration of partners into the company's product development stack, Impact Analytics' goal is to reimagine current industry standards across a variety of verticals. Impact Analytics believes that the partnerships will help accelerate the build out of the company's product development and provide unique perspectives as the company aims to launch minimum viable products in Q1 and Q2 2024:

  • Elevating auto lending: The company is aiming to deploy Credissential in the auto sector, with the goal of eliminating workflow disruptions, facilitating a seamless and efficient process that benefits both lenders and customers.
  • Empowering competitive success: The company is aiming to provide a key insight and perpetual data analysis solution, with the goal of helping enterprises boost revenue potential and support greater transparency across enterprise bidding and request for proposal processes.
  • Fostering financial wellness: The company is aiming to develop a solution integrated directly into clients' processes, with the potential to transform consumer interactions within the financial services sectors.

The Pulse program aims to function as an accelerator for product development by bridging unique industry-specific use cases with Impact's product development stack. The Pulse program will initially consist of up to 10 partnerships, and remains open for inquiry and evaluation by eligible participants. More information on the Pulse program can be found on the company's website.

The company entered into the partnerships on the following dates: Feb. 5, 2024, with a financial services company, Feb. 8, 2024, with an environmental, social and governance company, Feb. 26, 2024, with an auto lending advisory company, and March 1, 2024, with a financial services company. Each of the partnerships have a term of 120 days from execution of the partnership agreement. During the term, the company and each of the partners will meet on a weekly or monthly basis to develop a road map which the company expects will be the basis of a definitive commercial agreement.

About Impact Analytics Inc.

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

We seek Safe Harbor.

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