INEO Unveils New INEO Media Player for Retail Customers

Press Releases

Mar 30, 2022

The INEO Media Player is the newest addition to the INEO Welcoming System product line, expanding the reach of INEO's Digital Out-Of-Home advertising within a retail store

SURREY, BC, March 30, 2022 /PRNewswire/ – INEO Tech Corp. (TSXV: INEO) (OTCQB: INEOF) (the "Company" or "INEO"), the innovative developer of the INEO Media Network, a digital advertising and analytics solution for retailers, today unveiled the INEO Media Player, the Company's next generation Digital Out-Of-Home (DOOH) advertising system designed to be a companion product within the patented INEO Welcoming System. The INEO Media Player works in tandem with the INEO Welcoming Pedestal to provide another level of digital advertising within retail stores. INEO has completed its trial run of the INEO Media Player within several retailers and plans to start deploying in retail locations world-wide.

"The INEO Media Player was inspired by retail customers who requested additional digital advertising displays throughout their retail space without taking up any additional footprint in the store, and without installing an additional INEO Welcoming Pedestal," said Kyle Hall, CEO of INEO. "We were able to address this need with our strong research and development team in addition to our internal manufacturing capabilities.  This has allowed us to move quickly from initial inspiration to being installed in key retail locations."

The new product is designed to seamlessly fit with wall mounting systems, allowing the store to pick the most optimal position. The INEO Media Player can work as a standalone product but is at its most powerful when paired within the INEO Welcoming System. A retailer with a larger space can pair multiple INEO Media Players with their current INEO Welcoming Pedestal to broaden their digital advertising coverage across the entirety of the retail location. The INEO Media Player utilizes technology INEO designed for the INEO Welcoming System and works seamlessly with INEO's content management system to place and control advertisements and messaging across all devices on the INEO Media Network.

INEO Tech Corp.
Per:      "Kyle Hall"
Kyle Hall Chief Executive Officer and Director

About INEO Tech Corp.

INEO Tech Corp., through its wholly owned subsidiary, INEO Solutions Inc., is a provider of location based digital advertising, analytics and loss prevention solutions 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 owns and operates its INEO Welcoming Network and also offers its 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:       https://www.linkedin.com/company/ineosolutions
Facebook:     https://www.facebook.com/ineosolutionsinc  
Instagram:     https://www.instagram.com/ineosolutionsinc  
Twitter:          https://twitter.com/INEOsolutions  

Forward-Looking Statements

This news release contains statements and information that, to the extent that they are not historical fact, may constitute "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information may include financial and other projections, as well as statements regarding future plans, objectives or economic performance, or the assumption underlying any of the foregoing. This news release uses words such as "may", "would", "could", "likely", "expect", "anticipate", "believe", "intend", "plan", "forecast", "project", "estimate", "outlook", and other similar expressions to identify forward-looking information. Forward-looking information involves significant risks, assumptions, uncertainties and other factors that may cause actual future results or anticipated events to differ materially from those expressed or implied in any forward-looking statements and accordingly, should not be read as guarantees of future performance or results.  There are a number of important factors that could cause the Company's actual results to differ materially from those indicated or implied by forward-looking statements and information.  Other factors 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 Company's most recent annual and interim Management Discussion and Analysis and Financial Statements. 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 to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except to the extent required by law.

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-unveils-new-ineo-media-player-for-retail-customers-301513653.html

SOURCE INEO Tech Corp.

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