Business
Todos Medical Enters Into Exclusive Worldwide Automated Retail Supply Agreement With Smart Automated Retail Network
Todos Medical Enters Into Exclusive Worldwide Automated Retail Supply Agreement With Smart Automated Retail Network.
About this update from Todos Medical Ltd.
[{"type":"text","content":"\n Affy Services, Smart Automated Retail Network Parent Company, to Also Represent Todos for Traditional Shelf Space to Its 20,000+ US-based Retail Grocery Store Locations NEW YORK, NY, and TEL AVIV, ISRAEL, Nov. 16, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Todos Medical, Ltd. (OTCQB: TOMDF), a comprehensive medical diagnostics and related solutions company, today announced that it has entered into a direct 5-year agreement with Smart Automated Retail Network (SARN), an Affy Services company, to supply immune support supplements for the expanding unattended automated retail market on an exclusive basis worldwide. Todos maintains rights to distribute immune support supplements to traditional retail ‘shelf space’ outlets. Smart Automated Retail Network is currently contracted with 21,853 US-based retail grocery store locations to convert 25% of their floor space into unattended automated retail space as a result of the significant reduction in availability of workers necessary to staff grocery store outlets. Affy Services, SARN’s parent company, has agreed to represent Todos to its retail grocery store clients and airport concessioners in the traditional retail shelf-space market. “We are excited to partner with Todos Medical on immune support products for our Smart Automated Retail Network’s rollout of innovative immune support supplements, especially Tollovid,” said Samuel Bank, President & CEO of Affy Services, SARN’s parent company. “Tollovid is a uniquely positioned product for today’s challenges, and the ability to supply it and other Todos products that empower consumers to take greater control of their wellbeing is a game-changing opportunity for us to deliver for our grocery store and airport clients. More and more people are getting their immune support products from the pharmacy section in grocery stores, and so we see Tollovid being on the leading edge of trend.” Under the terms of the new 5-year agreement, Todos has the exclusive right to distribute immune support products into SARN’s 21,853 grocery store locations nationwide, and into SARN’s airport locations, including in Atlanta (ATL), Dallas (DFW), Denver (DEN), Chicago (ORD), Los Angeles (LAX), Charlotte (CLT), Orlando (MCO), Las Vegas (LAS) and more. Smart Automated Retail Netwo...