ProfitScout
1 week ago
Nice news from AMOD today. Experienced and accomplished leadership is a key factor in the success of any company and AMOD has certainly made an excellent addition with Thomas Gallagher.
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"Thomas Gallagher is an outstanding addition to the Alpha Modus leadership team," said William Alessi, CEO. "His exceptional track record of delivering measurable results and building high-performing teams, coupled with his cross-industry expertise, will be instrumental as we target scaling our business and capitalizing on growth opportunities."
Throughout his career, Mr. Gallagher has demonstrated a deep understanding of market dynamics and a commitment to fostering strong relationships with customers, partners, and stakeholders. At Alpha Modus, he will lead initiatives in sales, operations, marketing, pricing strategies, partnerships, and revenue management, positioning the company for sustainable growth and enhanced profitability.
"I am thrilled to join Alpha Modus at such a pivotal moment in its journey," said Mr. Gallagher. "The Company has built a strong foundation as an AI innovator and IP owner and is well-positioned for continued success. I look forward to working with the talented team to drive innovation, unlock new revenue opportunities, and create lasting value for our shareholders."
Trooperstocks
1 week ago
Alpha Modus Holdings (Nasdaq: AMOD) has appointed Thomas Gallagher as Chief Revenue Officer (CRO) to oversee global revenue generation strategies and align sales, marketing, and business development efforts. Gallagher brings over two decades of leadership experience, most recently serving as Senior Vice President at Zones. His previous roles include Chief Sales Officer at Capgemini North America and Vice President of Sales at DXC, along with positions at IBM, HP/EDS, and AT&T.
In his new role, Gallagher will lead initiatives in sales, operations, marketing, pricing strategies, partnerships, and revenue management. CEO William Alessi highlighted Gallagher's track record of delivering measurable results and building high-performing teams as key factors in the appointment. The strategic hire emphasizes Alpha Modus' commitment to advancing its growth strategy and delivering long-term value to stakeholders.
Trooperstocks
1 week ago
NEWS: Alpha Modus Appoints Accomplished Executive Thomas Gallagher as Chief Revenue Officer to Drive Growth and Maximize Shareholder Value
CORNELIUS, N.C., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. (Nasdaq: AMOD) (“Alpha Modus” or the “Company”), is pleased to announce the appointment of Thomas Gallagher as Chief Revenue Officer (CRO) of the Company. In this role, Mr. Gallagher will oversee global revenue generation strategies, scaling operations, and aligning the Company’s sales, marketing, and business development efforts to accelerate growth and deliver robust shareholder returns.
Mr. Gallagher brings over two decades of proven leadership in driving revenue growth, strategic expansion, and operational excellence in competitive markets. Most recently, Mr. Gallagher served as Senior Vice President of Services and Solutions at Zones, where he spearheaded transformative strategies that significantly enhanced sales and operational efficiency. Prior to that, he held pivotal roles including Chief Sales Officer of Cloud Infrastructure Services at Capgemini North America and Vice President of Sales for North and South American Industries at DXC. His extensive experience also includes senior sales positions at IBM, HP/EDS, and AT&T.
"Thomas Gallagher is an outstanding addition to the Alpha Modus leadership team," said William Alessi, CEO. "His exceptional track record of delivering measurable results and building high-performing teams, coupled with his cross-industry expertise, will be instrumental as we target scaling our business and capitalizing on growth opportunities."
Throughout his career, Mr. Gallagher has demonstrated a deep understanding of market dynamics and a commitment to fostering strong relationships with customers, partners, and stakeholders. At Alpha Modus, he will lead initiatives in sales, operations, marketing, pricing strategies, partnerships, and revenue management, positioning the company for sustainable growth and enhanced profitability.
"I am thrilled to join Alpha Modus at such a pivotal moment in its journey," said Mr. Gallagher. "The Company has built a strong foundation as an AI innovator and IP owner and is well-positioned for continued success. I look forward to working with the talented team to drive innovation, unlock new revenue opportunities, and create lasting value for our shareholders."
This strategic appointment underscores Alpha Modus’ commitment to advancing its growth strategy and delivering long-term value to its stakeholders. As Mr. Gallagher steps into this critical leadership role, Alpha Modus is squarely focused on achieving ambitious revenue targets and establishing its position as an industry leader.
About Thomas Gallagher
Mr. Gallagher is a seasoned technology executive with a robust background in sales and go-to-market leadership. A graduate of the United States Naval Academy with a degree in Systems Engineering, he served as a Captain in the United States Marine Corps for five years. He currently resides in New Jersey.
About Alpha Modus
Alpha Modus engages in creating, developing and licensing data-driven technologies to enhance consumers’ in-store experience at the point of decision. Alpha Modus’s patent portfolio positions the Company as a leader in the evolving landscape of AI retail technology. With the ability to transform how consumers interact with brands at the point of sale, Alpha Modus is strategically positioned to capitalize on the increasing demand for AI-driven solutions that deliver measurable ROI for retailers and brands.
For additional information, please visit alphamodus.com.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Alpha Modus’ actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements, but are not the exclusive means of identifying these statements. These forward-looking statements include, without limitation, Alpha Modus’ expectations with respect to future performance.
Alpha Modus cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Alpha Modus does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.
Contacts:
Alpha Modus Holdings, Inc.
Investor Relations
ir@alphamodus.com
+1(704)252-5050
Trooperstocks
2 weeks ago
NEWS: Alpha Modus Secures 9th AI Patent, Strengthening Leadership in Retail Innovation
01/06/2025 - 09:00 AM
CORNELIUS, N.C., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. (Nasdaq: AMOD) (“Alpha Modus” or the “Company”), announces a major milestone with the issuance of its 9th patent, further solidifying its position at the forefront of artificial intelligence solutions. On December 24, 2024, the United States Patent and Trademark Office issued Alpha Modus, Corp., the wholly owned subsidiary of the Company, its latest patent, United States Patent Number 12,175,484, titled “Methods for Personalized Marketing and Advertising.”
The patent outlines groundbreaking techniques that leverage artificial intelligence to deliver real-time, tailored marketing and advertising experiences at the point of decision-making. This innovative approach addresses the growing demand for personalized consumer engagement, a critical factor in the $20 billion global AI-driven retail market, projected to grow at a compound annual growth rate (CAGR) of 25% over the next five years, according to a report by Fortune Business Insights.
"We are thrilled to announce the issuance of our latest patent, which underscores Alpha Modus's unwavering commitment to innovation in artificial intelligence," said William Alessi, CEO of Alpha Modus Holdings, Inc. "This milestone not only enhances our growing intellectual property portfolio but also reinforces our dedication to revolutionizing the in-store digital experience for consumers. We look forward to leveraging this breakthrough to create even greater value for our shareholders as well as our partners and customers in the retail space."
About Alpha Modus
Alpha Modus engages in creating, developing and licensing data-driven technologies to enhance consumers’ in-store experience at the point of decision. Alpha Modus’s patent portfolio positions the Company as a leader in the evolving landscape of AI retail technology. With the ability to transform how consumers interact with brands at the point of sale, Alpha Modus is strategically positioned to capitalize on the increasing demand for AI-driven solutions that deliver measurable ROI for retailers and brands.
For additional information, please visit alphamodus.com.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Alpha Modus’ actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements, but are not the exclusive means of identifying these statements. These forward-looking statements include, without limitation, Alpha Modus’ expectations with respect to future performance.
Alpha Modus cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Alpha Modus does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.
Contacts:
Alpha Modus Holdings, Inc.
Investor Relations
ir@alphamodus.com
+1(704)252-5050
ProfitScout
4 weeks ago
Intriguing news from AMOD today pertaining to legal action they are taking on behalf of their patent holdings against some big names in the food industry. This should be a case well worth following.
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Alpha Modus Holdings, Inc. (Nasdaq: AMOD) ("Alpha Modus" or the “Company”), a technology company with a core focus on artificial intelligence in retail, today announced its subsidiary, Alpha Modus, Corp., has filed a patent infringement lawsuit against Wakefern Food Corporation, which has 48 member companies that own and operate 365 supermarkets, under the ShopRite, Price Rite Marketplace, The Fresh Grocer, Dearborn Market, Gourmet Garage, and Fairway Market brands
Trooperstocks
4 weeks ago
NEWS: Alpha Modus Files Patent Infringement Lawsuit Against Wakefern Food Corporation and Shelf Nine LLC
December 19 2024 - 10:13AM
Alpha Modus Holdings, Inc. (Nasdaq: AMOD) ("Alpha Modus" or the “Company”), a technology company with a core focus on artificial intelligence in retail, today announced its subsidiary, Alpha Modus, Corp., has filed a patent infringement lawsuit against Wakefern Food Corporation, which has 48 member companies that own and operate 365 supermarkets, under the ShopRite, Price Rite Marketplace, The Fresh Grocer, Dearborn Market, Gourmet Garage, and Fairway Market brands in New Jersey, New York, Connecticut, Pennsylvania, Maryland, Delaware, Massachusetts, New Hampshire and Rhode Island, and Shelf Nine LLC (subsidiary of VSBLTY Groupe Technologies Corp), which purports to be a leader in retail media networks, providing brands and retailers specifically targeted digital media advertising and other customer communications content delivered at the point of purchase.
The lawsuit was filed alleging infringement of several Alpha Modus patents pertaining to the Company’s ‘571 patent portfolio, ‘825 patent portfolio, ‘672 patent portfolio, ‘890 patent portfolio and ‘880 patent portfolio, which encompass retail marketing and advertising data-driven technologies to enhance consumers’ in-store experience at the point of decision. The Company’s portfolio of patents includes the capability to analyze consumer behavior and product interaction in real-time, allowing businesses to dynamically adjust their marketing strategies to meet the immediate needs of consumers at pivotal purchasing decision moments. The complaint was filed on December 17, 2024, in the United States District Court for the Eastern District of Texas.
In accordance with Alpha Modus’ prior patent infringement actions against The Kroger Co and Brookshire Grocery Company, the Company has continued its engagement with Christopher E. Hanba of Dickinson Wright PLLC, a leading global law firm, for his legal expertise, technical industry knowledge, and deep experience with enforcing intellectual property rights.
About Alpha Modus
Alpha Modus engages in creating, developing and licensing data-driven technologies to enhance consumers' in-store digital experience at the point of decision. The company was founded in 2014 and is headquartered in Cornelius, North Carolina. For additional information, please visit alphamodus.com.
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Alpha Modus' actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements, but are not the exclusive means of identifying these statements. These forward-looking statements include, without limitation, Alpha Modus' expectations with respect to future performance.
Alpha Modus cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Alpha Modus does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.
Contacts:
Alpha Modus Holdings, Inc.
Investor Relations
ir@alphamodus.com
Trooperstocks
4 weeks ago
NEWS: Alpha Modus and Insight Acquisition Corp Close Business Combination and Alpha Modus will Begin Trading Under “AMOD” Ticker
December 13 2024 - 5:10PM
Alpha Modus Holdings, Inc. ("Alpha Modus" or the “Company”), a technology company with a core focus on artificial intelligence in retail, is pleased to announce that the business combination between Insight Acquisition Corp. and Alpha Modus Corp. has closed, and Alpha Modus’s common stock and warrants will begin trading on the Nasdaq Global Market under the ticker symbols “AMOD” and “AMODW”, respectively, on Monday, December 16, 2024.
In connection with the closing of the business combination, the combined company consummated and issued a secured convertible promissory note to an investor, in exchange for net proceeds of approximately $2.6 million, which will be used primarily to cover transaction costs and for working capital. The structure of the financing does not include commitment or warrant shares and is structured with the potential for an additional $5 million capital infusion for working capital purposes in the future.
Advisors
Maxim Group LLC served as capital markets advisor to Alpha Modus. Brunson Chandler & Jones, PLLC acted as legal counsel to Alpha Modus. Loeb & Loeb LLP served as legal counsel to Insight Acquisition Corp.
About Alpha Modus
Alpha Modus engages in creating, developing and licensing data-driven technologies to enhance consumers' in-store digital experience at the point of decision. The company was founded in 2014 and is headquartered in Cornelius, North Carolina. For additional information, please visit alphamodus.com.
About Insight Acquisition Corp.
Prior to the closing, Insight Acquisition Corp. (NASDAQ: INAQ) was a special purpose acquisition company formed solely to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Insight Acquisition Corp. was sponsored by Insight Acquisition Sponsor LLC. For additional information, please visit insightacqcorp.com.
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Insight's and Alpha Modus' actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements, but are not the exclusive means of identifying these statements. These forward-looking statements include, without limitation, Insight's and Alpha Modus' expectations with respect to future performance and anticipated financial impacts of the Business Combination.
Insight and Alpha Modus caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Insight and Alpha Modus do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions, or circumstances on which any such statement is based.
Contacts:
Alpha Modus
Shannon Devine
MZ Group
+1(203) 741-8841
shannon.devine@mzgroup.us
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