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Demand for Digital Display Screens Driving Big Opportunity to These 5 Stocks

BayStreet.ca - Wed Jun 22, 8:17AM CDT

Digital display screens are inherently “noisy” as they cause electromagnetic interference which hinders the detection of loss prevention tags in a retail store; however, INEO Tech Corp. (TSXV: INEO) (OTCQB: INEOF) has developed technology which allows the EAS loss prevention aspect of the system to still operate effectively with two large digital display screens located within the detection field. “From the first day we installed our patented INEO Welcoming System in a retail store we have had requests for a version which has a digital display screen on each side,” added Greg Watkin, Founder and Chairman of INEO. “ In addition to INEO Tech Corp., other companies to watch in this market include Fobi AI Inc. (TSXV: FOBI) (OTC: FOBIF), VSBLTY Groupe Technologies Corp. (CSE: VSBY) (OTC: VSBGF), Pixelworks Inc. (NASDAQ: PXLW), and AT&T Inc. (NYSE: T).

Look at INEO Tech Corp. (TSXV: INEO) (OTCQB: INEOF), For Example

INEO Tech Corp., the innovative developer and operator of the INEO Media Network, a digital advertising and analytics solution for retailers, today announced the first dual screen version of its disruptive market technology, branded as the INEO Welcoming System DUO. INEO will be launching the INEO Welcoming System DUO today at the NRF Protect 2022 Conference inside the Prosegur Security tradeshow display (booth #7009).

“From the first day we installed our patented INEO Welcoming System in a retail store we have had requests for a version which has a digital display screen on each side,” said Greg Watkin, Founder and Chairman of INEO. “Now that we are installing systems in larger stores, operated by national and international retailers, the opportunity warranted us putting the time and effort into developing a dual screen version. Our team took on a very difficult engineering problem and did an incredible job delivering a product which satisfies all the requirements of a leading Electronic Article Surveillance loss prevention system plus two large, bright advertising screens to display advertising from our retail media network.”

The INEO Welcoming System DUO utilizes the same technology the Company has originally designed for the INEO Welcoming System which allows it to operate in both the Accousto-Magnetic (AM) 58KHz frequency spectrum and the 8.2MHz frequency spectrum. Digital display screens are inherently “noisy” as they cause electromagnetic interference which hinders the detection of loss prevention tags in a retail store; however, INEO has developed technology which allows the EAS loss prevention aspect of the system to still operate effectively with two large digital display screens located within the detection field.

The INEO Welcoming System DUO preserves the same base form factor of the original INEO Welcoming System allowing for visual uniformity within the retail store. The INEO Welcoming System DUO is the same height and width as the standard INEO Welcoming System and is only 2.3 centimeters (1 ¼ inches) wider. The sleek design is a function of the proprietary technology INEO has developed.

Other related developments from around the markets include:

Fobi AI Inc., a leader in providing real-time data analytics through artificial intelligence to drive operational efficiencies and profitability, announced a new digital loyalty partnership with Yotpo, a leading provider of loyalty and customer review solutions for brands. Yotpo provides loyalty and customer review solutions to over 300,000 customers across multiple industries. Last year Yotpo achieved unicorn status with a valuation of $1.4 billion, including a $200 million raise and an investment of $30 million by Shopify. Fobi’s new Yotpo Wallet pass solution, initially will focus on Shopify retail and E-commerce customers and will eventually expand into other POS and E-commerce platforms. Fobi will make revenue from one-time setup fees per retailer and on per pass monthly licensing fees.

VSBLTY Groupe Technologies Corp., a leading software provider of security and retail analytics technology, announced it has signed an agreement with Wireless Guardian to install security technology funded by a Store as a Medium (SaaM) program, in more than 2800 Mountain Express Oil convenience stores and/or truck stops in 19 states. The Store as a Medium program allows retailers to offset the cost to update their security systems using new revenue raised from brand-generated media advertising on cooler doors and screens throughout their stores. Using Intel® Smart Edge and VSBLTY/Wireless Guardian solutions, Mountain Express Oil locations will now enhance the guest experience with interactive brand messaging triggered by proximity and demographics. Simultaneously, stores will gain a groundbreaking level of customer analytics and actionable business insights in addition to real-time, world-class security and monitoring.

Pixelworks Inc., a leading provider of innovative video and display processing solutions, announced financial results for the first quarter ended March 31, 2022. The first quarter represented a great start to 2022 with strong year-over-year growth, driven by expanded adoption of our mobile visual processors and an ongoing recovery in the projector market," stated Todd DeBonis, President and CEO of Pixelworks. "Gross margin for the quarter exceeded expectations, and when combined with well-managed operating expenses, contributed to bottom-line results that were at the high-end of guidance.”

AT&T Inc. will release its second-quarter 2022 results before the New York Stock Exchange opens on Thursday, July 21, 2022. At 8:30 a.m. ET the same day, AT&T will host a conference call to discuss its results. The company’s earnings release and related materials will be available at AT&T Investor Relations.

Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. INEO Tech Corp. paid three thousand five hundred dollars for advertising and marketing services to be distributed by Winning Media. Winning Media is only compensated for its services in the form of cash-based compensation. Winning Media owns ZERO shares INEO Tech Corp. Please click here for disclaimer.

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