- The INEO Welcoming Greeter is a stand-alone pedestal-based
advertising display which delivers expanded messaging and increased
advertising capabilities for retailers.
- INEO is now positioned with the most complete and
comprehensive suite of Retail Media Network products for retailers,
with systems built for every part of the retail store.
SURREY,
BC, Feb. 8, 2023 /CNW/ - INEO Tech
Corp. (TSXV: INEO) (OTCQB: INEOF) (the "Company" or
"INEO"), the innovative developer and operator of the INEO
Media Network, a digital advertising and analytics solution for
retailers, is pleased to announce the Company's latest product
innovation, the INEO Welcoming Greeter. The Welcoming Greeter is a
stand-alone pedestal-based advertising display which delivers
expanded messaging and increased advertising capabilities for
retailers. With the debut of the INEO Welcoming Greeter, INEO has
one of the most comprehensive and complete suites of Retail Media
Network products on the market. The INEO Welcoming Greeter is
designed to work in conjunction with the other components of the
INEO Welcoming System ecosystem of Retail Media Network products
including the Welcoming Pedestal, the Welcoming G.A.T.E., the dual
screen Welcoming DUO product and Welcoming Player. Retailers can
pair the Welcoming Greeter with INEO's other products to broaden
their digital advertising coverage across the entirety of a retail
location.
"INEO is rapidly building momentum with opportunities to deploy
its technology in various new and existing retail partners," stated
Kyle Hall, CEO of INEO. "The
patented INEO Welcoming System technology is gaining traction
because of its extraordinary Retail Media capabilities combined
with its amazing loss prevention capabilities. Once the INEO
Welcoming System is deployed in store, INEO is able to introduce
additional products such as the INEO Welcoming Player and our
newest product, the INEO Welcoming Greeter, which can work in
tandem with the retailers' existing systems to provide a complete
Digital Out-Of-Home (DOOH) advertising system throughout the store.
With the additional number of INEO customer messaging and
advertising screens in each retail store, INEO and its retail
partners gain more revenue generating opportunities with
advertisers."
The INEO Welcoming Greeter utilizes the proven form factor of
the INEO Welcoming Pedestal but without the elements of retail loss
prevention. Instead, it utilizes a subset of the INEO Welcoming
System electronics combined with enhanced on-system graphics to
deliver welcoming messaging/advertising to customers anywhere in
the store. Like the other INEO products, each INEO Welcoming
Greeter only needs low voltage power and is integrated wirelessly
with the INEO Welcoming System for media delivery, monitoring and
updating. Additionally, the non-display portion of the system's
exterior can incorporate additional graphical features including
customized skins specific to the retailer. INEO, working with an as
yet undisclosed partner, has also built in AI capabilities to allow
the INEO Welcoming Greeter to communicate with customers via an
audio enabled chatbot. Furthermore, INEO is building in hand
gesture recognition capabilities via its partner GestureTek. These
additional interactive measures will simultaneously increase
customer satisfaction and time spent in-store while increasing
brand perception through immersive experiences.
INEO Tech
Corp.
Per: "Kyle Hall"
Kyle Hall, Chief Executive Officer
and Director
About INEO Tech
Corp. (TSXV: INEO) (OTCQB: INEOF)
INEO Tech Corp., through its wholly owned subsidiary, INEO
Solutions Inc., operates the INEO Media Network, a digital
advertising and analytics solution for retailers. INEO's
patented technology integrates and monetizes digital screens with
theft detection sensor gates at the entrance of retail
stores. The Company's cloud-based platform uses IoT (Internet
of Things) and AI (Artificial Intelligence) technology to deliver
customized digital advertising to each retail location based on the
demographic mix, such as age and gender, of customer traffic at
each location. The Company also deploys the INEO Welcoming
Network technology through a SaaS-based solution to larger retail
chains. INEO is headquartered in Surrey, Canada and publicly traded on the
TSX-Venture Exchange under the symbol "INEO" and on the
OTCQB-Venture Market under the symbol "INEOF".
For more information please visit:
Website: www.ineosolutionsinc.com
LinkedIn: www.linkedin.com/company/ineosolutions
Facebook: www.facebook.com/ineosolutionsinc
Instagram: www.instagram.com/ineosolutionsinc
Twitter: www.twitter.com/INEOsolutions
Forward-Looking
Statements
Investors are cautioned that, except as disclosed in the
disclosure document, any information released or received with
respect to the Company may not be accurate or complete and should
not be relied upon. Trading in securities of the Company
should be considered highly speculative.
This news release contains forward-looking information, which
involves known and unknown risks, uncertainties and other factors
that may cause actual events to differ materially from current
expectations. Important factors – including the availability of
funds, acceptance of the Company's products, competition, and
general market conditions – that could cause actual results to
differ materially from the Company's expectations are disclosed in
the Company's documents filed on SEDAR, including the Annual
Information Form for the year ended June 30,
2022 filed on SEDAR on November 4,
2022. Readers are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date
of this press release. The Company disclaims any intention or
obligation, except to the extent required by law, to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
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SOURCE INEO Tech Corp.