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 it has successfully completed installations in over 70 retail store locations in 18 states across the United States for its Major Retail Partners. Moreover, the Company is continuing to roll-out additional locations with these partners in the coming weeks and remains on track to roll-out its committed locations for the remainder of 2023. Based on its current installations, INEO estimates current cumulative customer foot traffic to exceed several million shoppers per month in its installed locations with these Major Retail Partners.
The INEO Welcoming System is an integrated digital advertising display and Electronic Article Surveillance (EAS) theft protection pedestal located at the entrance of retail stores. Its patented combination of theft protection and Digital Signage gives it the exclusive ability to display advertising at the front entrance where all customer traffic is able to view the on-screen messaging. In addition to displaying advertising to every person entering the store, the Welcoming System also offers advertisers data analytics for each retail store on the INEO Media Network. Advertisers partnered with INEO and their respective retail partners will be able to access customer segmentation data from store foot traffic to allow for customized, targeted advertising for each unique store.
“We are proudly expanding our INEO Media Network across the United States for our Major Retail Partners,” said Kyle Hall, CEO of INEO. “We’ve been working extremely hard to complete our roll-out commitments and I’m happy to say we are still ahead of schedule for our installation plans. Our Major Retail Partners have been amazing to work with and we are thrilled to be offering advertisers the ability to display ads on such a significant scale across so many stores. We look forward to onboarding new advertisers onto the INEO Media Network within our Major Retail Partners’ stores.”
To date, INEO has completed installations for its Major Retail Partners in several major metropolitan cities such as New York City, Los Angeles, San Francisco and Chicago. The 18 states where INEO has deployed its Welcoming Systems for the Major Retail Partners include: Arizona, Georgia, Idaho, Illinois, Maryland, Massachusetts, Michigan, Nebraska, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Tennessee, Florida, Texas, Virginia and Washington.
