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INEO Provides Update on Retail Media Division

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INEO Retail Media, a division of INEO Tech Corp., has rapidly grown in the US market. The company has signed representation agreements with media firms, integrated with programmatic advertising providers, and attracted advertisers to its network. With a focus on data-driven results and exclusive in-store placements, INEO aims to be a leader in Retail Media.
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Advertising on INEO Retail Media in the US is growing quickly

SURREY, BC, March 26, 2024 /PRNewswire/ - INEO Tech Corp. (TSXV: INEO) (OTCQB: INEOF) (the "Company" or "INEO"), provides an update on the progress of INEO Retail Media, an operating division of INEO Solutions Inc.

"INEO Retail Media has made great progress in the three months since we launched the division," stated Kyle Hall, CEO of INEO. "In less than 90 days, led by the leadership of Salim Tharani, INEO has signed representation agreements with US based specialist media firms 45:10 and All Over Media; listed INEO's US store advertising inventory on the programmatic advertising providers Vistar Media, Hivestack and Broadsign; started integration with programmatic advertising provider Place Exchange, and; continued to push ahead with our own direct sales efforts. These initiatives have resulted in eight advertisers placing ad campaigns with INEO Retail Media on our US store network in March to date. Furthermore, the Company continues to actively sell advertising on the Canadian Liquor Store network, focusing on direct relationships to secure campaigns."

Salim Tharani commented, "Our exclusive in-store advertising inventory on prominently placed digital signage is a difference maker for INEO. We are able to set ourselves apart from other forms of advertising, and with our focus on analytics and data-driven results, we can compete effectively with digital marketing and Connected TV. Signing these specialist media firms augments our own team's coverage to let more agencies and brands know who INEO is and get a piece of their national and/or regional advertising campaign dollars directed at the INEO Network. Working with the programmatic providers delivers instant access to the INEO screens for all advertisers. INEO is well positioned to be a leader of in-store Retail Media."

Key Features of INEO Retail Media:

Network Scope:

Today, the INEO Media Network has an inventory of more than 2.8 billion annual advertising impressions and 29 million customers. This number is expected to grow to more than 27 billion annual advertising impressions and 250 million customers within the next 3 years.

Exclusive In-Store Placement:

Leveraging INEO's exclusive contracts with its large retail partners, INEO's advertising solutions ensure maximum visibility and engagement with the target audience for the full time they are in the store.

Data-Driven Targeting:

Harnessing the power of INEO's data analytics, INEO Retail Media enables brands to deliver targeted messages to consumers based on their geo-location, location within the store and shopping patterns.

Enhanced Shopper Experience:

By integrating seamlessly into the retail environment, INEO's advertising solutions contribute to an enhanced shopping experience for consumers, providing valuable information and promotions.

Measurable Results:

Offering comprehensive analytics and reporting tools, INEO Retail Media allows brands to track the effectiveness of their campaigns in real-time, ensuring a measurable return on investment.

Collaborative Partnerships:

INEO has already forged strategic partnerships with major retail chains, establishing a robust network which enables brands to connect with a diverse and extensive audience.

Explore the unique offerings and retail partnerships at www.ineoretailmedia.com .

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, and INEO Retail Media, an advertising sales provider for in-store retail media. INEO is headquartered in Surrey, Canada and publicly traded on the TSX-Venture Exchange under the symbol "INEO" and on the OTCQB 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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/ineo-provides-update-on-retail-media-division-302099003.html

SOURCE INEO Tech Corp.

FAQ

How has INEO Retail Media grown in the US market?

INEO Retail Media has made significant progress by signing representation agreements with media firms, integrating with programmatic advertising providers, and attracting advertisers to its network.

What are the key features of INEO Retail Media?

INEO Retail Media offers exclusive in-store placements, data-driven targeting, enhanced shopper experience, measurable results, and collaborative partnerships.

What is the expected growth of INEO Media Network in the next 3 years?

The INEO Media Network is expected to grow to more than 27 billion annual advertising impressions and 250 million customers within the next 3 years.

Who leads INEO Retail Media?

Salim Tharani leads INEO Retail Media and emphasizes the company's unique offerings and exclusive contracts with retail partners.

Where can one explore the retail partnerships of INEO Retail Media?

One can explore the unique offerings and retail partnerships of INEO Retail Media at www.ineoretailmedia.com.

INEO TECH CORP

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