A2Z Smart Technologies Corp (AZ) 銘柄情報

https://x.com/CorpA2z/status/1867563610299638051

Shocked there are not folks here discussing AZ prospects. Stock is having a great run!

New 52 week high

Thanks. That was pretty evident

Folks, sorry about all the deleted posts here. We've got some yahoo continually opening new accounts to spam this board.

Chart is looking good bois

A2Z Signs Framework Agreement with Trixo for Installation and Support Services in Anticipation of Rollout of Smart Carts with Mexican and Central American Retailers

https://www.accesswire.com/929766/a2z-signs-framework-agreement-with-trixo-for-installation-and-support-services-in-anticipation-of-rollout-of-smart-carts-with-mexican-and-central-american-retailers

A2Z Cust2Mate Solutions Announces New Funding Initiative to Drive Growth and Expansion

A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ), a retail technology leader, announced a successful capital raise through a direct stock offering. The company agreed to sell over 5.4 million common shares to accredited investors at US$0.75 per share, which is in line with the current market price. This move is expected to provide A2Z with additional funds, which will be used for working capital and overall corporate operations.

One of the standout aspects of this deal is that it does not involve any warrant coverage—an element that many investors tend to look out for as it can potentially dilute their holdings. This shows that A2Z’s management is confident in the company’s current valuation and is prioritising their shareholders' interests.

Furthermore, the funding round was supported by existing shareholders and insiders, indicating their belief in A2Z’s growth trajectory and future success. The funds raised are earmarked for expansion and development efforts, signalling A2Z’s ambitions to scale its operations and enhance its innovative technology solutions on a global level.

This fundraising exercise reflects A2Z's proactive approach to strengthening its financial position without engaging a placement agent, which also demonstrates cost efficiency. The company has secured this capital under favorable terms, which is an encouraging sign for investors and stakeholders alike.

This offering was made under an existing registration statement with the U.S. Securities and Exchange Commission (SEC), ensuring transparency and compliance with regulatory standards. For investors, this signifies a step towards a brighter, more expansive future for A2Z, one backed by solid financial planning and the support of its core shareholders.

As A2Z continues its journey in the tech world, this new funding will be key in driving its growth initiatives, setting the company up for more innovative developments and greater market reach in the near future.

How concerned should folks be with A2Z being located in Tel Aviv as Iran readies to launch ballistic missiles?

Definitely get to see those smart carts in US soon!

A2Z has promising technology in the retail automation space with its Cust2Mate smart carts. Strong buy

A2Z Cust2Mate Solutions Corp (NASDAQ: AZ), A Deeply Undervalued Play in Retail Tech Space



A2Z Cust2Mate Solutions Corp, (NASDAQ: AZ) a cutting-edge retail technology company, is poised to redefine the shopping experience with its advanced smart cart technology. Operating in a market that is rapidly transitioning from traditional checkout systems to more sophisticated, data-driven tools, A2Z Cust2Mate finds itself at the forefront of this technological revolution.

However, despite its robust prospects and impressive offerings, the company’s share price remains depressed, largely due to a lack of visibility among investors. As the market becomes more familiar with A2Z’s unique value proposition, there’s potential for a significant re-rating of its stock, which is currently deeply undervalued.

The retail technology sector is undergoing a major shift, with the global market for smart retail systems projected to experience substantial growth in the coming years. 

As traditional self-checkout systems face increasing scrutiny due to inefficiencies and security concerns, smart cart technology is emerging as a viable and attractive alternative for retailers.
 
A2Z Cust2Mate’s smart carts offer a seamless shopping experience that combines real-time item recognition, personalized promotions, and automatic checkout capabilities—positioning the company as a key player in the evolution of the retail industry.

Globally, the demand for smarter retail solutions has been driven by the need for enhanced customer experiences and improved operational efficiencies.

Retailers are investing in technologies that can reduce shrinkage (theft) and optimize in-store experiences. A2Z’s smart carts not only solve these pain points but also provide retailers with valuable data insights that can be leveraged for targeted advertising and better customer engagement. 

Peer Valuation

A2Z Cust2Mate is currently trading at a significant discount compared to its peers in the retail technology space. Companies like Standard Cognition and Tracxpoint, which operate in similar sectors, have garnered valuations exceeding $1 billion.

Meanwhile, A2Z’s current market capitalisation stands at around $45 million, a stark contrast that highlights the company’s deep undervaluation. Competitors like Caper, which was acquired by Instacart at an approximate 35x revenue multiple, further emphasize how much upside potential A2Z could have if properly valued.

The primary reason for A2Z Cust2Mate’s undervalued stock price is a lack of visibility and awareness among investors. While the company has secured notable contracts and developed a highly innovative product, its achievements have flown under the radar.

This lack of recognition in the market has led to a disconnect between the company’s intrinsic value and its current share price. Furthermore, the challenges posed by the broader market, such as delays due to geopolitical events and operational hurdles, have weighed on investor sentiment.

However, as A2Z continues to execute on its growth strategy, especially with the upcoming release of its cost-effective third-generation smart carts, visibility is likely to improve. The company’s ability to secure larger, long-term contracts will serve as key catalysts for investor interest, helping to close the valuation gap. 

With a peer group that commands significantly higher valuations and a proven track record of securing contracts with major retailers, A2Z presents a compelling investment opportunity. As visibility increases and the company continues to deliver on its promises, there is considerable potential for the stock to re-rate to its true value. At a current price of around $0.86 per share, A2Z offers a significant upside, with a target price of $3.00 reflecting the company’s long-term growth prospects. For investors seeking exposure to innovative retail technology, A2Z Cust2Mate is a stock worth watching.

NASDAQ: AZ | Monop's Experience Surprise! | EP02

In today's video, we will talk about A2Z Cust2Mate Solutions Corp (NASDAQ: AZ)'s stunning showcase of products in Monop. This is the next level technology people are waiting for!

Watch Full Here

#AZ #SMARTCART #FINANCE #INVESTMENT #NASDAQ

A2Z Cust2Mate Receives Follow-Up Order from Franprix



Following the launch of its smart carts at Franprix, A2Z Cust2mate receives a follow-up order for its smart carts from Franprix franchise stores

TEL AVIV, ISRAEL – Sep. 27, 2024 – A2Z Cust2Mate Solutions Corp. ("A2Z") ("Company"), (NASDAQ: AZ)(
AZ
)( FRA - WKN: A3CSQ), a global leader in innovative technology solutions, announced today that it received a follow-up order to deploy its new generation Cust2Mate 3.0 smart shopping carts at an additional 10 stores of Franprix in Paris, France in Q4, 2024.

This follow up order is in addition to the successful deployment of smart carts at Franprix in Paris France in August, 2024, and is pursuant to the framework agreement with IR2S. See press releases dated September 20, 2023 and August 6, 2024.

In addition to their advanced AI technology, self-scanning, and in-cart payments for a convenient “pick and go” experience, A2Z Cust2Mate’s generation 3.0 smart shopping carts include several new features including a shopping list which is automatically updated as the shopper progresses and advanced retail media capabilities such as in-store location based advertising and customized advertising targeting both, on cart and historic shopping purchases, as well as the shopping list and other triggers.

Gadi Graus, CEO of A2Z Cust2mate, said: “We are proud and delighted to expand the deployment of our smart carts to additional Franprix stores; a testament to the superior shopping experience and customer satisfaction our smart carts provide to shoppers and the added value we bring to retailers.”

How does A2Z Cust2Mate Solutions smart cart technology works?

Be nice to see them in the US

A2Z has launched its Cust2Mate Smart Carts in Paris, which is expected to enhance its footprint in the retail technology sector. Bright future ahead ☀️

Agree, low selling pressure

Testing for support $0.900.. no biggies

A2Z and Nayax Capital Sign Framework Agreements to Enable Global Financing for the Sale or Lease of Cust2Mate Smart Carts Integrated with Nayax’s Solutions



Tel-Aviv, ISRAEL, September 25, 2024 – A2Z Cust2Mate Solutions Corp. ("A2Z") (NASDAQ:AZ)(FRA - WKN:A3CSQ), a global leader in innovative technology solutions, today announced it has signed global framework agreements with Nayax Capital, (“Nayax Capital) , whereby Nayax Capital will enable financing for the sale or lease of Cust2Mate smart carts enabled with Nayax’s complete solution.

This announcement is further to the company’s press release on September 10, 2024 announcing the formation of a joint venture with Nayax Ltd. to mutually promote the sales of A2Z Cust2Mate’s smart cart solution integrated with Nayax’s payment solution for on-cart payments. The joint venture announcement can be read here.

Under the terms of the framework agreements, Nayax Capital will enable retailers to pay or lease the Cust2Mate smart carts that are sold as part of a comprehensive solution, which includes Nayax’s payment, management and loyalty solution, in monthly installments. The framework agreements cover the A2Z Cust2Mate’s smart carts, charging solutions, and IT infrastructure upgrades, as needed, for customers around the world including Europe, North America and Latin America. Any financing extended is subject to individual terms and conditions and approval by Nayax Capital and is non-recourse to A2Z.

Gadi Graus, CEO of A2Z, stated, “We have teamed up with Nayax Capital to help merchants grow by making it easier for retailers around the globe to adopt our smart cart solution. With a readily available financing option, approved retailers can move quickly to implement our smart carts and begin realizing tangible benefits to their operations and improve the shopping experience for their customers.”

With substantial news, this will blow through $1 imo

Key resistance at $0.99, currently consolidating after a sharp decline. Awaiting for breakout signal

Another 18% increase would see the price surpass $1 🔝

A Chartist POV – A2Z Cust2Mate Solutions Corp (NASDAQ: AZ)



Collection phase begun. Following the positive momentum in the US market last week, we see AZ showcased a positive buying momentum. We observed larger trading volume being done in last Friday, potentially indicating the entry of institutional investors. We will continue to observe this company, with our short term TP level remains as $1.00.

Smart cart stocks for retail..

NASDAQ: AZ | Revolutionising Retail Shopping with Smart Carts | EP01

This Company - A2Z Cust2Mate Solutions Corp (NASDAQ: AZ) will be an absolute game changer in the realm of smart retail solutions. And it is now time for investors to give a serious look into this technology stock!

Here's what you can learn from this video:-

Watch Full Here

1. What is AZ currently doing.
2. The products feature of AZ.
3. The prospects of AZ going ahead.

#AZ #SMARTCART #FINANCE #INVESTMENT #NASDAQ

Let ultimate results make the noise

And you’re coming up with Walmart how?

NASDAQ: AZ | Entering into New Collection Phase | Technical Review



A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) is seeing a breakout from its flag pattern last week. This shows a positive trend of stronger buying momentum as indicated by share price above the key EMA20 line, together with strong buying interests (as indicated by the red bars below) for AZ. For the coming week, we expect AZ to continue to challenge its key resistance of $0.80 AND $1.00, giving a Risk-to-Reward (RR) of 2.3 times based on a stop loss level below the key EMA20 line.

Keep an eye on Walmart man

NASDAQ: AZ | Revolutionizing the $26.7 Billion Self-Service Market by 2028



Tired of long checkout lines? AZ Cust2Mate (NASDAQ: AZ) might be worth adding to your watchlist. Specializing in smart cart technology, AZ's flagship product offers in-cart weighing for produce, navigation features, seamless checkout, and advanced security to prevent theft.

Imagine shopping with AZ’s smart cart, scanning items as you go—no more waiting in lines. Already partnered with Yochananof and Carrefour, AZ is making strides in the US market, projected to reach $26.7 billion by 2028.

AZ operates on a SaaS model, earning from setup fees, monthly subscriptions, and additional services like data insights. With 5,000+ carts deployed, they’re poised for growth. Despite recent stock volatility, AZ’s strong fundamentals make it an intriguing investment opportunity.

Why no US customers?

Nayax and A2Z Cust2Mate Unveil Disruptive On-Cart Payment Solution for Retail Shoppers

Source: GlobeNewswire Inc.

Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement payments and loyalty platform designed to help merchants scale their business, and A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ)(FRA - WKN:A3CSQ), a global leader in innovative technology solutions, today announced a strategic partnership to pair Nayax’s convenient automated self-service retail mobile payment system with A2Z Cust2Mate’s innovative smart cart platform for smart retail stores.
Nayax and A2Z Cust2Mate will allow customers to complete their entire shopping journey from the comfort of their smart cart, with no need to waste time in long checkout lines. A2Z’s Cust2Mate 3.0 can transform any shopping cart into a powerful shopping platform, integrating a sleek touchscreen panel, with computer vision and a powerful algorithm to provide an effective, interactive, and personalized shopping experience. Incorporating Nayax’s innovative on-cart comprehensive hardware and software payment solution, A2Z Cust2Mate 3.0 will allow customers to simply “pick-and-go”, providing a more convenient shopping experience.

Nayax and A2Z Cust2Mate will collaborate to sell the Cust2Mate 3.0 smart cart system with integrated Nayax payment technology as a unified, end-to-end solution for retailers around the world. The first smart carts with Nayax’s payment solution will be deployed in France, with the goal to deploy tens of thousands of payment enabled smart carts globally.

“Relocating the point of sale from the checkout lane to the shopping cart is an ingenious way to improve a retailer’s operational efficiency and the shopper’s experience,” says Yair Nechmad, CEO and Chairman of Nayax. “Nayax is thrilled to partner with A2Z Cust2Mate to offer an integrated, state-of-the-art shopping and payment solution for retailers and their customers.”

“This partnership expands our sales reach and strengthens our presence in the retail market,” commented Gadi Graus, CEO of A2Z Cust2Mate. “By integrating Nayax’s seamless payment solution with our smart carts, we’ve created a game-changing innovation that boosts retailer revenue, cuts operational costs, and enhances the shopping experience.”

About Nayax

Nayax is a global commerce enablement, payments and loyalty platform designed to help merchants scale their business. Nayax offers a complete solution including localized cashless payment acceptance, management suite, and loyalty tools, enabling merchants to conduct commerce anywhere, at any time. As a global leader in serving unattended retail, Nayax has transformed into a comprehensive solution focused on our customers' growth across multiple channels. As of June 30, 2024, Nayax has 11 global offices, approximately 1,100 employees, connections to more than 80 merchant acquirers and payment method integrations, and is globally recognized as a payment facilitator. Nayax's mission is to improve its customers' revenue potential and operational efficiency. For more information, please visit www.nayax.com.

About A2Z Cust2mate Solutions Corp.

A2Z Cust2Mate Solutions Corp. creates innovative solutions for complex challenges. A2Z's flagship product is the world's first proven-in-use mobile self-checkout shopping cart. With its user-friendly smart algorithm, touch screen, and other technologies, Cust2Mate streamlines the retail shopping experience by scanning purchased products and enabling in-cart payment so that customers can simply "pick & go", and bypass long cashier checkout lines. This results in a more efficient shopping experience for customers, less unused shelf-space and manpower requirements, and advanced command and control capabilities for store managers.

For more information on A2Z Cust2mate Solutions Corp. (NASDAQ: AZ) ($AZ)(FRA - WKN:A3CSQ) and its subsidiary, Cust2mate Ltd., please visit https://cust2mate.com/.

Nayax Forward-Looking Statements

This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “estimate” and “potential,” among others. Forward-looking statements include, but are not limited to, statements regarding our intent, belief or current expectations. Forward-looking statements are based on our management’s beliefs and assumptions and on information currently available to our management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including, but not limited to: our expectations regarding general market conditions, including as a result of the COVID 19 pandemic and other global economic trends; changes in consumer tastes and preferences; fluctuations in inflation, interest rate and exchange rates in the global economic environment; the availability of qualified personnel and the ability to retain such personnel; changes in commodity costs, labor, distribution and other operating costs; our ability to implement our growth strategy; changes in government regulation and tax matters; other factors that may affect our financial condition, liquidity and results of operations; general economic, political, demographic and business conditions in Israel, including the ongoing war in Israel that began on October 7, 2023 and global perspectives regarding that conflict; the success of operating initiatives, including advertising and promotional efforts and new product and concept development by us and our competitors; Moshe Shmaryahu's success as the Company's new Chief Information Officer; and other risk factors discussed under “Risk Factors” in our annual report on Form 20-F filed with the SEC on February 28, 2023 (our "Annual Report"). The preceding list is not intended to be an exhaustive list of all of our forward-looking statements. The forward-looking statements are based on our beliefs, assumptions and expectations of future performance, taking into account the information currently available to us. These statements are only estimates based upon our current expectations and projections about future events. There are important factors that could cause our actual results, levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements expressed or implied by the forward-looking statements. In particular, you should consider the risks provided under “Risk Factors” in our Annual Report. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Each forward-looking statement speaks only as of the date of the particular statement. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason, to conform these statements to actual results or to changes in our expectations.

A2Z Cust2mate Forward-looking Statements

Matters discussed in this press release may contain forward-looking statements that are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the Company's filings with the on SEDAR and with the Securities and Exchange Commission. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. Forward-looking statements contained in this announcement are made as of this date, and 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. This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein.

For Nayax For A2Z Cust2mate
Company Contact Information: Scott Gamm
Strategy Voice Associates
Scott@strategyvoiceassociates.com Gadi Graus, CEO
Gadi.g@a2zas.com
+972-73-3700544

Investor Contacts:

Aaron Greenberg
Chief Strategy Officer
Aarong@nayax.com Brett Maas, Managing Principal, Hayden IR, LLC
brett@haydenir.com
(646) 536-7331


A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7bce3e36-42ba-4ca9-ad22-429b4ddc78d4

Good post. I hope the supermarket world is finally ready for A2Z‘s product. It’s been around for some time.

NASDAQ: AZ | Tap Dancing into the $26.7 billion Self-Service Market by 2028!!

Hate queuing to checkout in supermarkets or hypermarkets?

A2Z Cust2Mate Solutions Corp (NASDAQ: AZ) might be the company you need to add to your watchlist. AZ is a leading global provider of innovative technology solutions, specialising in smart cart platforms – and this is not just any ordinary smart cart.

Let me explain.

AZ’s flagship smart cart product is set to revolutionise the retail self-checkout market. It features in-cart weighing capabilities, making it especially convenient for checking out produce like fruits and vegetables.

Additionally, the smart cart offers navigation features and seamless checkout functionality, all while incorporating robust security measures to prevent theft – a critical concern for retailers.

In simpler terms, imagine walking into a supermarket with one of AZ’s smart carts, doing your shopping, and checking out as you go.

No more queues.

Currently, AZ provides its solutions to Yochananof, Israel’s fourth-largest retail chain, and Carrefour, the largest retailer in France with over 3,500 stores. The company is also making significant inroads into the US market.

Why is the US market such a game-changer for AZ? Let’s take a closer look.

According to Grand View Research, the US self-checkout systems market is projected to grow at a compound annual growth rate (CAGR) of 11.3%, reaching $26.7 billion by 2028. There are even rumours that AZ is in discussions with a number of leading US retail chains, which will mark as a significant milestone for the company.

How Does AZ Generate Revenue?

AZ operates on a scalable Software-as-a-Service (SaaS) model, which allows for easy expansion while also facilitating valuable data collection for future advertising opportunities.

Here's how the revenue streams break down:

Initial Setup Fees. Retailers bear one-third of the cost, with the remaining two-thirds covered by AZ. The setup costs range between $1,000 and $2,000 per smart cart, and AZ expects a payback period of approximately six months.
Subscription Model. Retailers pay a monthly fee ranging from $100 to $200 per cart. Currently, AZ has over 5,000 smart carts deployed, creating a steady stream of recurring revenue.

Additional Services. AZ also offers services related to data and advertising, providing valuable consumer behaviour insights to product owners. This capability could be a game changer, enabling brands to obtain highly accurate data on consumer purchasing patterns.



With this scalable business model and recurring revenue, AZ is well-positioned for future growth.

However, recent volatility in the US market has put downward pressure on AZ’s stock price. Despite this, AZ's strong fundamentals and innovative business model present significant growth potential, making it a compelling investment opportunity.

Shopping Reinvented: The Data-Driven Smart Cart Revolution is Here

https://thecustomer.net/shopping-reinvented-the-data-driven-smart-cart-revolution-is-here/

Looks like AMZN prefers the cart method like AZ has developed over their "just walk out" method that they were using in their stores. https://gizmodo.com/amazon-reportedly-ditches-just-walk-out-grocery-stores-1851381116

Wrong PR sorry

The Future of Retail, Part 2- Tomorrow’s Tech

https://foodinstitute.com/focus/the-future-of-retail-part-2-tomorrows-tech/

“…there was no shortage of vendors focused on the category, from big-dog Amazon’s Dash Cart (AMZN) to A2Z Cust2Mate (AZ), Caper and Veeve.”

Takeover candidate?

https://www.forbes.com/sites/deandebiase/2024/03/11/how-ai-enabled-smart-carts-can-bring-retail-into-the-21st-century/?sh=577336bf6f32

A2Z SMART TECHNOLOGIES CORP
FORM 6-K
(Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16)
Filed 02/21/24 for the Period Ending 02/21/24

https://www.otcmarkets.com/filing/conv_pdf?id=17292893&guid=Phd-k6-X1NXCJth

They need to get the Q4 earnings out

The future of grocery store design: It may be time for the checkout aisle to check out

https://www.bdcnetwork.com/blog/future-grocery-store-design-it-may-be-time-checkout-aisle-check-out

The retail industry analysts predict triple digit growth annually through 2026.

https://twitter.com/_TraderZero_/status/1738753511951679606?t=hTvJivFCu_BTkCWVQaF_wQ&s=19

Nice +33% week for $AZ. Nice RDO showing continued investment interest from institutions. Q1 should have good catalysts with Q4 earnings and forward guidance signaling the transition to profitability.

AZ
A2Z Smart Technologies Corporation
1.20
-0.04 (-3.23%)
Volume: 71,661
Day Range: 1.17 - 1.2799
Bid: 1.11
Ask: 1.21
Last Trade Time: 6:24:26 PM EST
Total Trades: 189

A2Z Cust2Mate Presentation

https://www.cust2mate.com/wp-content/uploads/2023/11/Investor-Presentation-November-15-2023.pdf

A2Z Announces Proposed Spin-Off of Advanced Automotive Innovations Inc

https://finance.yahoo.com/news/a2z-announces-proposed-spin-off-140000145.html?s=09

A2Z Smart Technologies Corp.
Thu, Nov 9, 2023 at 9:00 AM EST4 min read

In This Article:
AZ
-0.72%
TEL AVIV, ISRAEL / ACCESSWIRE / November 9, 2023 / A2Z Smart Technologies Corp. ("A2Z" or the "Company") (NASDAQ:AZ)(TSXV:AZ) ($AZ), a global leader in innovative technology solutions, is pleased to announce the unanimous approval of a plan by its Board of Directors to spin off its 80% interest in Advanced Automotive Innovations Inc ("AAI").

As part of the restructuring, AAI is expected to become a publicly traded company, such that all shareholders in A2Z will receive an equivalent pro-rata shareholding in AAI. The Board has authorized the engagement of experienced legal, financial, tax, securities, and other consultants and auditors to oversee the entire restructuring process. The restructuring is subject to receipt of all corporate and shareholder approvals as well as receipt of all regulatory approvals including that of the TSX Venture Exchange. The Company anticipates that the restructuring will be completed in Q2, 2024.

AAI specializes in the automotive safety sector and is currently developing a groundbreaking "Fuel Tank Inertia Capsule System" ("FTICS") designed to prevent fuel combustion in the event of a vehicle collision. AAI holds a patent with the U.S. Department of Commerce for FTICS and is actively working towards the commercialization of a product that can be seamlessly integrated into automobile gasoline tanks.

Gadi Graus, President of A2Z, stated, "We believe that the pioneering and lifesaving "Fuel Tank Inertia Capsule System" being developed by AAI has remarkable potential. This proposed spin-off represents a significant opportunity for AAI to further the development of the system as an independent company, to realize its maximum potential, and to allow A2Z to concentrate its resources more fully on the Cust2mate smart cart solution. We are committed to ensuring that the transition is executed seamlessly and efficiently. We look forward to the exciting developments and value creation that we believe this strategic decision will bring to A2Z and AAI and to enhancing our shareholders' value."

Further press releases will be forthcoming as the restructuring progresses.

For more information on A2Z Subsidiary Cust2Mate, please visit www.cust2mate.com. For details on investing in A2Z (NASDAQ:AZ) ($AZ), visit www.a2zas.com.

About A2Z Smart Technologies Corp.

A2Z Smart Technologies Corp. creates innovative solutions for complex challenges. A2Z's flagship product is an advanced proven-in-use mobile self-checkout shopping chart. With its user-friendly smart algorithm, touch screen, and computer-vision system, Cust2Mate streamlines the retail shopping experience by scanning purchased products and enabling in-cart payment so that customers can simply "pick & go", and bypass long cashier checkout lines. This results in a more efficient shopping experience for customers, less unused shelf-space and manpower requirements, and advanced command and control capabilities for store managers.

Cautionary Statement Regarding Forward-looking Statements

The TSX Venture Exchange Inc. has in no way passed upon the merits of the Company and has neither approved nor disapproved the contents of this press release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 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 expectation. Important factors - including the availability of funds, the results of financing efforts and the risks relating to our business -- that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on SEDAR (see www.sedar.com) and with the Securities and Exchange Commission (see www.sec.gov). 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. This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States or elsewhere.

Company Contact:

Gadi Graus, President
Gadi.g@a2zas.com
03-3732328

Investor Contacts:

Brett Maas, Managing Principal, Hayden IR, LLC
brett@haydenir.com
(646) 536-7331

SOURCE: A2Z Smart Technologies Corp.

https://www.accesswire.com/797301/a2zs-cust2mate-secures-first-purchase-order-to-deliver-smart-carts-to-monoprix-stores