INEO Signs Strategic Technology Agreement with Sensormatic Solutions
Rhea-AI Summary
INEO Tech Corp (TSXV: INEO) (OTCQB: INEOF) has announced a strategic technology agreement with Sensormatic Solutions, a Johnson Controls company. The partnership will integrate INEO's patented Welcoming System technology with Sensormatic's loss prevention solutions.
Sensormatic Solutions will incorporate INEO's loss prevention and digital display technology into their storefront EAS and RFID-based exit systems. This integration aims to help retailers enhance customer engagement while reducing shrink and fighting organized retail crime. The combined solution will be showcased at Sensormatic's booth (#3523) during the 2025 NRF Big Show in New York City.
Positive
- Strategic partnership with market leader Sensormatic Solutions
- Integration of INEO's technology into Sensormatic's existing product line
- Expansion of market reach through established retail solutions provider
Negative
- None.
News Market Reaction – INEOF
In the trading session that priced this news, INEOF gained 36.05%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Surrey, British Columbia--(Newsfile Corp. - January 13, 2025) - INEO Tech Corp. (TSXV: INEO) (OTCQB: INEOF) (the "Company" or "INEO"), today announced a strategic technology agreement with Sensormatic Solutions, the leading global retail solutions portfolio of Johnson Controls. The agreement will bring together INEO's patented Welcoming System technology with Sensormatic Solutions market-leading loss prevention solutions by way of a strategic technology agreement.
Sensormatic Solutions will begin integrating INEO's loss prevention and digital display technology into its storefront EAS and RFID-based exit systems to help retailers enhance moments of connection with consumers while helping to reduce shrink and combat organized retail crime. This solution will be on display at Sensormatic Solutions booth (#3523) at the 2025 NRF (National Retail Federation) Big Show in New York City. For more information please see https://www.sensormatic.com/resources/pr/2025/nrf-2025-ineo-press-release .
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:
Websites: www.ineosolutionsinc.com
www.ineoretailmedia.com
LinkedIn: www.linkedin.com/company/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.
For further information:
Kyle Hall
CEO, INEO Tech Corp.
604-244-1895
investor@ineosolutionsinc.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/236964