Advertising on INEO Retail Media in the US is
growing quickly
SURREY,
BC, March 26, 2024 /CNW/ - INEO Tech
Corp. (TSXV: INEO) (OTCQB: INEOF) (the "Company" or
"INEO"), provides an update on the progress of INEO Retail
Media, an operating division of INEO Solutions Inc.
"INEO Retail Media has made great progress in the three months
since we launched the division," stated Kyle Hall, CEO of INEO. "In less than 90 days,
led by the leadership of Salim
Tharani, INEO has signed representation agreements with US
based specialist media firms 45:10 and All Over Media; listed
INEO's US store advertising inventory on the programmatic
advertising providers Vistar Media, Hivestack and Broadsign;
started integration with programmatic advertising provider Place
Exchange, and; continued to push ahead with our own direct sales
efforts. These initiatives have resulted in eight advertisers
placing ad campaigns with INEO Retail Media on our US store network
in March to date. Furthermore, the Company continues to actively
sell advertising on the Canadian Liquor Store network, focusing on
direct relationships to secure campaigns."
Salim Tharani commented, "Our
exclusive in-store advertising inventory on prominently placed
digital signage is a difference maker for INEO. We are able to set
ourselves apart from other forms of advertising, and with our focus
on analytics and data-driven results, we can compete effectively
with digital marketing and Connected TV. Signing these specialist
media firms augments our own team's coverage to let more agencies
and brands know who INEO is and get a piece of their national
and/or regional advertising campaign dollars directed at the INEO
Network. Working with the programmatic providers delivers instant
access to the INEO screens for all advertisers. INEO is well
positioned to be a leader of in-store Retail Media."
Key Features of INEO Retail Media:
Network Scope:
Today, the INEO Media Network has an inventory of more than 2.8
billion annual advertising impressions and 29 million customers.
This number is expected to grow to more than 27 billion annual
advertising impressions and 250 million customers within the next 3
years.
Exclusive In-Store Placement:
Leveraging INEO's exclusive contracts with its large retail
partners, INEO's advertising solutions ensure maximum visibility
and engagement with the target audience for the full time they are
in the store.
Data-Driven Targeting:
Harnessing the power of INEO's data analytics, INEO Retail Media
enables brands to deliver targeted messages to consumers based on
their geo-location, location within the store and shopping
patterns.
Enhanced Shopper Experience:
By integrating seamlessly into the retail environment, INEO's
advertising solutions contribute to an enhanced shopping experience
for consumers, providing valuable information and promotions.
Measurable Results:
Offering comprehensive analytics and reporting tools, INEO
Retail Media allows brands to track the effectiveness of their
campaigns in real-time, ensuring a measurable return on
investment.
Collaborative Partnerships:
INEO has already forged strategic partnerships with major retail
chains, establishing a robust network which enables brands to
connect with a diverse and extensive audience.
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.