Calgary, Alberta – TheNewswire - November 28, 2023 – Impact Analytics Inc. (“Impact Analytics” or the “Company”) (CSE:PACT), an intelligent risk assessment and financial services platform, is pleased to announce that it has entered into a strategic partnership agreement (the “Strategic Partnership Agreement”) with Takada Asset Management, Inc. (“Takada”). Pursuant to the Strategic Partnership Agreement, the Company and Takada will collaborate to further the utilization and distribution of Impact Analytics’ AI product offerings in the Asia Pacific region (“APAC”).

Additionally, Impact Analytics announces it will open an office in Indonesia to accelerate its regional presence in a critical, yet underserved target market for risk assessment and credit monitoring. The Company plans to leverage Takada’s regional network to launch its AI powered risk management assets across the APAC marketplace once fully commercialized. At present, Indonesia is an emerging market in need of a uniform and scalable risk analysis model. Indonesia is Southeast Asia’s largest economy and boasts a growing private credit market and a population of circa 274M.1

Takada is an asset management firm comprising a multi-disciplinary, multinational, and multilingual team of experts providing services across a spectrum of industry areas and sectors. Takada’s Principals include former executives and core team members from Merrill Lynch, Goldman Sachs and Morgan Stanley. Takada is currently advising certain governments, as well as corporates across a number of industry sectors, and across a number of different jurisdictions via our three regional bases. More information regarding Takada can be found on their corporate website: https://takadaassetmanagement.com/about-us/.

“The entire team from Takada and our subsidiary and associated businesses across Asia are very excited by this partnership with Impact Analytics. AI is quickly becoming a pivotal area of technology, and the real-world benefits that Impact Analytics can bring are not only of great interest to our existing clients, but we are confident the risk assessment tools will be of great interest to many new customers, across a wide range of industries throughout the Asian region, one of the world’s fastest growing regions,” stated Oscar Mendoza, Founder and Director of Takada.

About Impact Analytics

Impact Analytics is a financial services company focused on building a AI-powered risk assessment engine to govern and optimize organizational decision making. Our flagship risk assessment model is being designed to disrupt traditional finance in a meaningful way. Learn more at https://www.impactrisk.ai/.

ON BEHALF OF THE BOARD OF DIRECTORS

Chief Executive Officer        Eric Entz

Head Office                         1626 Westmount Road NW, Calgary, Alberta T2N 3M1

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 Corporation 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 may include, but are not limited to, the future plans of the Corporation, the Strategic Partnership Agreement, the opening of an office in Indonesia, the Company distributing its product offerings in APAC, the commercialization of the Company’s product offerings, business plans, objectives and strategy.

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.

1 https://www.forbes.com/sites/zennonkapron/2023/08/01/why-indonesias-credit-card-market-is-poised-for-growth/