INEO Updates on Progress of Welcoming System Roll-Out Across United States with Major Retail Partners

INEO Tech the innovative developer and operator of the INEO Media Network, a digital advertising and analytics solution for retailers, is pleased to provide an update on the progress of its roll out of the patented INEO Welcoming System with major retail partners who together have over 3,000 retail locations across the United States. The INEO Welcoming System is an integrated digital media display and Electronic Article Surveillance (EAS) theft protection pedestal located at the entrance of retail stores which works seamlessly with retailers’ Retail Media Networks. The Company has successfully completed installations in over 50 retail stores located in New York City, San Francisco, Los Angeles and cities in nine additional states including Tennessee, New Jersey, Pennsylvania, New Hampshire, Massachusetts, North Carolina, Virginia, Washington and Florida. Furthermore, the Company is ramping up to add additional locations.

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“We started 2023 with an aggressive deployment plan and we are happy to report we are ahead of schedule,” said Kyle Hall, CEO of INEO. “This marks a tremendous milestone for INEO in the process of installing our retail media network in major metropolitan cities of the United States. We have now reached the inflection point to strategically expand and roll-out systems and bring in major national advertisers who desire access to our in-store retail media network. We’re excited to continue working with our partners and customers to bring our technology to even more stores across the United States.”

INEO has made significant progress in expanding its footprint and continues to be well-positioned to deploy more systems for its retail partners in the coming months. The Company remains on track to roll out INEO Welcoming Systems to its committed locations this year under the terms of its signed agreements and is focused on executing on its direct sales pipeline.

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Greg Watkin, Chairman and Founder of INEO, commented, “We are thrilled to see our systems in action in some of the largest cities in the United States and beyond, and are tremendously excited to announce this progress. Working with our major retail partners has pushed us to grow our network at a tremendous pace and in response our team has stepped up to rapidly ramp up production.  We recognize this is a major step forward in our goal to expand our network and with systems continuing to be installed across the United States, our team is committed to working with our new and existing partners to grow the INEO Media Network with more retailers in other cities and regions.”

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