does it? not if you want to see an effect size of greater than 1 kilo (2.2lbs)
does it? not if you'd like to see a maintained loss greater than 3.3% of your body weight
does it? not for people with type 2 diabetes
does it? not for people exercising for their non-alcoholic fatty liver disease
Interactive computer-based reminders to diet and exercise are useless.
I mean, I literally went to Cochrane Reviews, one of the best-respected sources for massive meta-analyses, and I just input the keywords "weight loss" and "exercise," and I'm tooling through the results. Every one of the damn things shows that we do not have high-quality research indicating that exercise leads to weight loss. So no. I'm right, and you need to adjust your worldview--ask yourself, if not for weight loss, then why? Re-read those sources: exercise improved muscle density, insulin sensitivity, and cholesterol. It's good for your blood vessels, it's good for your strength, it's good for your brain.
But it won't make you thin. Maybe two pounds, maybe five, but that's about it. If you're looking at short-term, like a year, sure, you can lose weight--but the effort will almost always result in your body going "oh shit, we're living in a famine" and you will regain it, and now, with your body at a new set-point, losing it will be harder. Regaining will be easier. Welcome to the life-destroying yo-yo.