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INEO Announces Signing of Master Services Agreement with Staples

INEO Announces Signing of Master Services Agreement with Staples Canada NewsWir...

articleIneo Tech Corp.June 16, 20225/company/ineo-tech-corp/news/ineo-announces-signing-of-master-services-agreement-with-staples
INEO Announces Signing of Master Services Agreement with Staples

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[{"type":"text","content":"\n \n \n \n INEO Announces Signing of Master Services Agreement with Staples\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n Master Services Agreement positions INEO for expansion into Staples stores across\n \n the United States\n \n \n \n \n \n \n \n SURREY, BC\n \n \n ,\n \n \n June 16, 2022\n \n \n /CNW/ -\n \n INEO Tech Corp.\n \n (TSX-V: INEO) (OTCQB: INEOF) (the \"\n \n Company\n \n \" or \"\n \n INEO\n \n \"), the innovative developer and operator of the INEO Media Network, a digital advertising and analytics solution for retailers, is pleased to announce the signing of a Master Services Agreement with Staples the Office Superstore LLC (\"\n \n Staples\n \n \").\n \n \n \n \n \n \n \n \n \n Under the terms of the Master Services Agreement, both parties have set terms and conditions for Staples to buy certain INEO products and use certain INEO services such as traditional EAS systems and products, as well as the INEO Welcoming System. INEO has currently installed 26 INEO GATE systems in 12 Staples stores in 11 US states. The installed Welcoming GATE systems provide a clear upgrade path to Welcoming Systems in the future. INEO's deployments in the initial stores positions the Company for expansion into over 1,000 Staples retail locations across\n \n the United States\n \n .\n \n \n \n About INEO Tech Corp.\n \n (TSXV: INEO; OTCQB: INEOF)\n \n \n INEO Tech Corp., through its wholly owned subsidiary, INEO Solutions Inc., operates the INEO Media Network, a digital advertising and analytics solution 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 also deploys the INEO Welcoming Network technology through a SaaS-bas...

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