INEO Retail Media division gaining momentum
and market penetration
SURREY,
BC, April 9, 2024 /CNW/ - INEO Tech
Corp. (TSXV: INEO) (OTCQB: INEOF) (the "Company" or
"INEO"), announces the signing of new strategic partnerships
with several prominent US-based advertising platforms and the
setting up of Private Marketplace (PMP) deals with leading Demand
Side Platforms (DSPs). These partnerships mark another significant
milestone for the INEO Retail Media Division's commitment to
providing innovative advertising solutions and driving results for
clients.
The newly formed partnerships INEO has signed are with
AdXcelerant and LoopTV while the PMPs were set up
with The Trade Desk and Quotient. The
partnerships, signed in April of this year, will allow INEOs
network to accept and display Digital-Out-Of-Home (DOOH) and
Connected TV (CTV) ad content from the Company's partners,
enhancing INEO's reach and capabilities across an expanded set of
digital advertising channels. The PMP deals allow the largest DSPs
to send advertising directly into the INEO US retail store network
programmatically. By joining forces with these industry-leading
platforms, INEO is poised to deliver additional value to its
clients and empower them to achieve their advertising and marketing
objectives with greater efficiency and effectiveness.
"We are thrilled to announce these strategic partnerships, which
represent a significant step forward for INEO and our clients,"
stated Kyle Hall, INEO's CEO. "The
rapid progress INEO Retail Media has made since we formed the
division 100 days ago is tremendous. The relationships we have
forged, and the agreements we have signed, have enhanced our media
business and charts a clear roadmap of increasing ad revenue with
our growing base of US-based systems. These collaborations
underscore our dedication to innovation and our commitment to
providing best-in-class advertising solutions which drive real
business results."
"We are excited to collaborate with our new partners and
leverage their expertise and resources to further enhance our
platform and deliver even greater value to our clients," added
Salim Tharani, Managing Director of
INEO Retail Media. "Together, we are poised to revolutionize the
way businesses approach in-store digital marketing and drive
success in today's competitive retail media landscape."
Explore the unique offerings and retail partnerships at
www.ineoretailmedia.com .
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:
Website:
www.ineosolutionsinc.com
LinkedIn:
www.linkedin.com/company/ineosolutions
Facebook:
www.facebook.com/ineosolutionsinc
Instagram:
www.instagram.com/ineosolutionsinc
Twitter:
www.twitter.com/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.
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SOURCE INEO Tech Corp.