Calgary, Alberta / TheNewswire / March 22, 2024 – Impact Analytics Inc. (“Impact Analytics” or the “Company”) (CSE: PACT), a risk assessment, data intelligence and financial services platform powered by AI, is pleased to provide an update on partnerships entered into in connection with the Pulse Pilot Program (the “Pulse Program”). Since debuting Pulse Program, the Company has entered into four unique preliminary partnership agreements (the “Partnerships”) 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 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: https://www.impactrisk.ai/pulse.

The Company entered into the Partnerships on the following dates: February 5, 2024 with a financial services company, February 8, 2024 with an environmental social governance company, February 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 (the “Term”). 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 (each, a “Commercial Agreement”).

About Impact Analytics

Impact Analytics is a risk assessment, data intelligence and financial services platform powered by AI. The Company is building a proprietary product stack to optimize and streamline financial decision making for enterprises and individuals. Learn more at https://www.impactrisk.ai/.

ON BEHALF OF THE BOARD OF DIRECTORS

Chief Executive Officer        Eric Entz

Head Office                         2004 Sherwood Drive Sherwood Park, AB T8A 0Z1

Telephone                         +1 (587) 208 4044

Email                                 info@impactrisk.ai  

The CSE and Information Service Provider have not reviewed and does not accept responsibility for the accuracy or adequacy of this release.

Forward-Looking Information

Certain information in this news release may constitute "forward-looking" information that involves known and unknown risks, uncertainties, future expectations and other factors which may cause the actual results, performance or achievements of the Company or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward looking information. When used in this news release, this information may include words such as "anticipate", "estimate", "may", "will", "expect", "believe", "plan" and other terminology. This information reflects current expectations regarding future events and operating performance and speaks only as of the date of this news release.

Forward-looking statements in this news release include, but are not limited to, the Pulse Program and expected results, including, the types of uses cases and products developed pursuant to the Pulse Program, Partnerships under the Pulse Program and expected results, the entering into Commercial Agreements with the Partners and the future plans of the Company, business plans, objectives and strategy.  Forward-looking statements are inherently risky and the information and plans disclosed therein may not come to fruition as contemplated or at all.

Except as required by law, we assume no obligation to update or revise forward-looking information to reflect new events or circumstances. Additional information is available in the Corporation’s Management Discussion and Analysis, which can be found on SEDAR+ at www.sedarplus.ca.