Ineo Tech Stock Price, News & Analysis

INEO Tech Corp. has filed a design patent for the world’s first dual screen loss prevention and advertising system, the INEO Welcoming System DUO, aimed at enhancing retail security and advertising efficiency. This dual-sided pedestal integrates two LED screens and an Electronic Article Surveillance (EAS) system, making it ideal for large retailers. Following a successful showcase at the NRF Protect 2022 Conference, the product has garnered interest for pilot installations with major retail chains. This strategic move positions INEO for global expansion in the digital advertising sector.

INEO Tech Corp. (TSXV: INEO, OTCQB: INEOF) has announced the launch of its latest technology, the INEO Welcoming System DUO, designed to enhance retail signage and theft protection. This dual-screen system will debut at the NRF Protect 2022 Conference. The DUO maintains the effectiveness of the original Welcoming System while integrating two digital displays without compromising loss prevention capabilities. This development addresses requests from larger national and international retailers aiming for improved customer engagement through targeted digital advertising.

INEO Tech Corp. (TSX-V: INEO, OTCQB: INEOF) has signed a Master Services Agreement with Staples, setting the stage for expansion into over 1,000 Staples retail locations across the United States. Currently, INEO has installed 26 INEO GATE systems in 12 Staples stores across 11 states. This partnership enables Staples to purchase INEO products, including traditional EAS systems and the INEO Welcoming System, enhancing their digital advertising and analytics capabilities.

INEO Tech Corp. (TSXV: INEO; OTCQB: INEOF) will participate in NRF Protect 2022 from June 21-23, 2022, in Cleveland, OH. The event focuses on retail security, attracting industry professionals to discuss loss prevention and digital fraud. CEO Kyle Hall will represent INEO at the Prosegur Security booth, showcasing the Welcoming System demo. INEO is recognized for its digital advertising and analytics solutions that integrate IoT and AI technologies for retailers. The company operates from Surrey, Canada, delivering customized advertising based on customer demographics.

INEO Tech Corp. (TSXV: INEO; OTCQB: INEOF) has partnered with Western Media Group to enhance advertising sales for its INEO Media Network. This collaboration will leverage Western Media's national expertise in digital advertising to market INEO's digital-out-of-home inventory, reaching over 2.4 million shoppers monthly at retail entrances. The partnership is expected to boost advertising revenue through targeted placements and established relationships with brands and advertisers across North America.

INEO Tech Corp. (TSXV: INEO; OTCQB: INEOF) reported impressive fiscal Q3 2022 results, achieving a 72% year-over-year revenue increase to $335,568 and a 202% gross profit growth to $203,550. This growth is attributed to successful direct sales efforts, including a Master Services Agreement with a large retailer and being named a preferred vendor for EAS products across 500 franchisee locations in Canada. Despite a net loss of $773,982, the company's outlook remains positive as it scales its operations and expands its media network.

INEO Tech Corp. (OTCQB: INEOF) has announced its upcoming investor webinar scheduled for May 30, 2022 at 10:00 am PT. The webinar will coincide with the release of its 2022 Fiscal Third Quarter financial results for the period ending March 31, 2022. CEO Kyle Hall and other executives will discuss the company's performance and future outlook during this session. The financial results will be disclosed prior to market opening on the same day.

INEO Tech Corp. has launched INEO LIVE, a new initiative providing up to 25,000 free ad plays on the INEO Welcoming Network to support qualifying live events such as music and sports. This initiative aims to help local event organizers reach their target audiences, especially as demand for live events recovers post-COVID-19. The program includes a straightforward sign-up process for organizers and offers additional discounted ad space. The initiative reflects INEO's commitment to community support while simultaneously boosting its advertising revenue.

INEO Tech Corp. (TSXV: INEO, OTCQB: INEOF) announced its participation in key industry conferences, including the 10th Annual Scottsdale Capital Event on April 22-23, 2022, and the Retail Asset Protection Conference on April 25-27, 2022. CEO Kyle Hall will highlight INEO's advancements such as the Welcoming Network and its partnership with Prosegur. The company specializes in digital advertising solutions for retailers, utilizing patented technology that integrates digital screens with security systems for enhanced customer engagement.