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VANCOUVER, British Columbia, Sept. 21, 2021 (GLOBE NEWSWIRE) -- Fobi AI Inc. (formerly Loop Insights Inc.) (TSXV: FOBI) (OTCQB: FOBIF) (the "Company" or "Fobi"), a global leader in providing real-time data analytics through artificial intelligence to drive customer activation and engagement is pleased to announce that Draganfly’s (NASDAQ: DPRO) Vital Intelligence Smart Vital system has been integrated into Fobi’s Venue Management System for Conferences & Events.
Fobi’s venue management platform will now offer Draganfly’s Smart Vital assessment system as a key product offering to Fobi’s Passcreator mobile Wallet passes, proprietary Smart Tap Devices, Smart Scan Pass Validation App and Insight Portal for event analytics.
Prior to an event, Fobi enables organizers to prompt their guests to complete health protocol screening on their mobile phones. Using the phone’s camera, Draganfly’s Smart Vital system monitors, with voluntary consent, vital signs which include body temperature, heart rate, breathing rate and blood oxygen content (SpO2). It does not register and store any personal data of the individual being screened.
To watch how Fobi’s Venue Management System for Conferences, Schools & Events works, please click here.
“Draganfly’s Vital Intelligence products have been game-changers for universities, corrections facilities, sporting events and large scale conferences over the course of the past 18 months,” said Cameron Chell, Draganfly CEO. “We are excited to partner with Fobi on this critical platform that will help to ensure people can confidently attend conferences and events because they know they are safe.”
In April, Fobi partnered with bdG Sports to run venue management at the NCAA men’s and women’s tournaments including the Big West Conference Championship. Fobi was also contracted to provide venue management for the MGM Resorts Championship PGA Event in Las Vegas. Recently, Fobi has signed a national deal to bring its venue management solutions to the Canadian Hockey League, the world’s largest development hockey league with over 9 million annual fan attendance.
According to Pollstar, the COVID-19 global pandemic resulted in more than $30 billion USD in lost revenue for the live events industry in 2020. However, Market Research Future (MRFR) expects the global event management software market to reach nearly $14.6 billion USD by 2025 with a Compound Annual Growth Rate (CAGR) of 11.68%.
Fobi allows event organizers to manage access permissions based on automated health symptom pre-screening, customizable pre-screening questionnaires as well as vaccination status. It recently released CheckVax™ Validator, its universal app-less proof of vaccination validation solution, to support Smart Health Cards (SHCs), which have been adopted to verify vaccination credentials in parts of the U.S. and Canada.
“It is a difficult time for businesses. Our goal is to support them in their ability to comply with the health and safety protocols in place,” said Rob Anson, CEO of Fobi. “That’s why we are proud to have Draganfly as a partner. The Draganfly Vital Intelligence technology is helping us quickly respond to the ever-changing market needs and requirements as a result of government mandate and legislation.”
Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8) is the creator of quality, cutting-edge drone solutions, software and AI systems that revolutionize the way organizations can do business and service their stakeholders. Recognized as being at the forefront of technology for over 22 years, Draganfly is an award-winning, industry-leader serving the public safety, agriculture, industrial inspections, security, mapping and surveying markets. Draganfly is a company driven by passion, ingenuity, and the need to provide efficient solutions and first-class services to its customers around the world with the goal of saving time, money, and lives.
For more information on Draganfly, please visit us at www.draganfly.com.
For additional investor information visit https://www.thecse.com/en/listings/technology/draganfly-inc, https://www.nasdaq.com/market-activity/stocks/dpro or https://www.boerse-frankfurt.de/aktie/draganfly-inc.
Fobi is a cutting-edge data intelligence company that helps our clients turn real-time data into actionable insights and personalized customer engagement to generate increased profits. Fobi's unique IoT device has the ability to integrate seamlessly into existing infrastructure to enable data connectivity across online and on-premise platforms creating highly scalable solutions for our global clients. Fobi partners with some of the largest companies in the world to deliver best-in-class solutions and operates globally in the retail, telecom, sports & entertainment, casino gaming, and hospitality & tourism industries.
For more information, please contact:
Fobi AI Inc.
Fobi Website: www.fobi.ai
Rob Anson, CEO
Facebook: @ Fobiinc
T : +1 877-754-5336 Ext. 3
Twitter: @ Fobi_inc
LinkedIn: @ Fobiinc
This news release contains certain statements which constitute forward-looking statements or information. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond the Company's control, including the impact of general economic conditions, industry conditions, and competition from other industry participants, stock market volatility and the ability to access sufficient capital from internal and external sources. Although the Company believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future plans, operations, results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, the Company does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of the Company should be considered highly speculative. There can be no assurance that the Company will be able to achieve all or any of its proposed objectives.
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