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Reklaim Ltd. Demonstrates Stellar Performance with Consecutive Profitable Quarters in Q3-2023

Posted by Brittany McNabb at 8:49 AM on Thursday, November 9th, 2023

 

Reklaim Ltd. (TSXV: MYID) (OTC: MYIDF) continues to redefine success in the data empowerment sector, reporting back-to-back profitable quarters. The Q3-2023 financial results showcase not only profitability but also robust revenue growth and a remarkable debt reduction initiative.

Reklaim has earned a reputation as a pioneer in empowering consumers with direct control over their data. As privacy concerns gain prominence and multiple states implement comprehensive privacy legislation, Reklaim’s mission has never been more pertinent. With the ability to view, edit, add, and option their data to brands and platforms for direct compensation, consumers are taking charge of their digital footprint like never before.

Profitability and Revenue Surge

Reklaim’s Q3-2023 earnings report is nothing short of impressive. The company posted a substantial profit of $529,914, marking a remarkable 107% increase from the previous quarter. Furthermore, the three months ending September 30, 2023, saw a 52% increase in revenue compared to the same period last year. For the year-to-date period ending September 30, 2023, Reklaim reported a remarkable overall profitability of $635,828.

Positive Cash Flow and Strong Margins

The company demonstrated its financial strength by achieving positive cash flow from operations in Q3-2023, signaling efficient operations and improved margins. Maintaining a robust gross margin of 80% for Q3-2023 and 78% for the nine months ending September 30, 2023, Reklaim has positioned itself as a financially sound enterprise.

Recurring Revenue and Platform Growth

Reklaim’s recurring revenue ratio surged to an impressive 91% in Q3-2023, emphasizing the loyalty of its user base. Notably, platform revenue, which represents a significant portion of the company’s total revenue, skyrocketed by an astonishing 91% in Q3-2023 and an incredible 162% for the nine months ending September 30, 2023. This surge in platform revenue highlights Reklaim’s unique position in the market.

Operational Efficiency

In an impressive display of commitment to operational excellence, Reklaim successfully reduced its operating expenses by 8% in Q3-2023 and a substantial 45% for the nine months ending September 30, 2023, compared to the corresponding periods the previous year. This financial prudence is a testament to the company’s dedication to optimizing its cost structure.

Potential Impact and Significance

The impact of Reklaim’s consecutive profitable quarters extends beyond the company itself. As privacy regulations continue to evolve, the demand for privacy-compliant data is surging. With multiple states enacting comprehensive privacy legislation, Reklaim is strategically positioned to harness this momentum and unlock boundless potential. The consecutive profitable quarters not only attest to Reklaim’s operational strength but also demonstrate its agility in responding to changing market dynamics.

Expert Opinions and Analysis

Neil Sweeney, CEO and Founder of Reklaim, commented, “In the wake of the privacy landscape’s continued transformation in 2023, we’ve witnessed an extraordinary surge in demand for privacy-compliant data. As multiple states have enacted or are in the process of implementing comprehensive privacy legislation, Reklaim is strategically positioned to harness this momentum and seize the boundless potential it offers.”

Reklaim Ltd.’s consecutive profitable quarters reflect the company’s resilience, agility, and financial prowess. As data privacy takes center stage, Reklaim is perfectly positioned to meet the growing demand for privacy-compliant data. With a user-centric approach and a commitment to operational excellence, Reklaim’s journey to success is only gaining momentum.

Investors and industry watchers are encouraged to stay tuned for Reklaim’s Q3-2023 Earnings Call on November 9, 2023, where CEO and Founder Neil Sweeney will provide deeper insights into this impressive financial performance.

In an additional milestone, Reklaim is proud to announce a debt reduction initiative that has successfully slashed its debt by 39% in the fiscal year. This strategic accomplishment further solidifies Reklaim’s financial stability and its commitment to delivering lasting value to investors and stakeholders.

View original release: https://www.investors.reklaimyours.com/press/reklaim-ltds-posts-consecutive-profitable-quarters-q3-2023-profitability-soars-by-107

Victory Square’s Hydreight Named Among Canada’s Companies-to-Watch in Deloitte’s Technology Fast 50™ Program

Posted by Brittany McNabb at 8:27 AM on Wednesday, November 8th, 2023

 

Victory Square Technologies Inc. (“Victory Square”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) announces that portfolio company, Hydreight Technologies Inc., has been honored with a Companies-to-Watch award in the esteemed 2023 Deloitte Technology Fast 50™ program.

Revolutionizing Mobile Clinical Services

Hydreight, a mobile clinical network and medical platform, is transforming healthcare by facilitating flexible at-home medical services across all 50 U.S. states. The company’s remarkable organic revenue growth of 250% YoY underscores its pivotal role in the healthcare industry.

Building the Largest Mobile Clinical Network

Shane Madden, CEO of Hydreight, emphasizes the company’s commitment to establishing the largest mobile clinical network in the United States. Hydreight stands out as a proprietary, fully-integrated platform enabling nurses to legally provide at-home services in over 650 cities across 50 states.

Companies-to-Watch: Recognizing Future Tech Leaders

The Companies-to-Watch category identifies Canadian technology companies with outstanding revenue growth potential. Hydreight, meeting the stringent criteria of a minimum revenue of $50,000 in 2020 and $2.5 million in 2022, exemplifies a rising star in the tech landscape.

Deloitte Applauds Promising Growth Trajectories

Anders McKenzie, partner and national leader for the Technology Fast 50 program at Deloitte Canada, commends this year’s Companies-to-Watch winners for their impressive growth journeys despite economic challenges. Hydreight exemplifies the emerging cohort of tech leaders in Canada.

Investor Webinar: Exploring Hydreight’s Growth

Victory Square will be hosting an investor webinar featuring Hydreight Technologies CEO Shane Madden. The session promises an in-depth look into Hydreight’s recent performance, achievements, partnerships, and exciting future prospects.

Details for the Webinar:

Date: Thursday, November 9th, 2023

Time: 12:00 pm PST – 1:00 pm PST (3:00 pm EST – 4:00 pm EST)

Location: via zoom

About the Deloitte Technology Fast 50™ program

Celebrating its 26th year, the program recognizes business growth, innovation, and entrepreneurship. It is a testament to Canada’s thriving tech landscape and showcases companies driving innovation and economic growth.

INDUSTRY BULLETIN: Azincourt Energy Rides The Soaring Tide: Thriving In A Supply-Deficient Nuclear Landscape

Posted by Nicole Rojas at 2:46 PM on Tuesday, November 7th, 2023

The global energy landscape is on the brink of a momentous shift. With the momentum gained over the past two years, Azincourt Energy is not just a spectator but a key player in this dynamic transformation. As the video unveils, the nuclear industry is at the cusp of unprecedented growth, with projections indicating that it could double by 2050. The catalysts behind this surge are multifold, and Azincourt Energy is primed to capitalize on them.

Industry Outlook and Azincourt Energy Trajectory:

Azincourt Energy’s trajectory is intimately interwoven with the promising outlook of the nuclear energy sector. The looming supply deficit presents a compelling narrative. After a decade of underinvestment, the sector is realizing that to power a burgeoning global fleet of reactors, the uranium supply must surge. Azincourt Energy finds itself standing at the crossroads of this monumental transformation, perfectly positioned to bridge the uranium supply gap.

Voices of Authority:

In the words of industry leaders, Azincourt Energy’s strategic direction comes to the fore. The shift towards nuclear energy is not merely driven by climate change concerns; it’s also rooted in the essential need for secure energy sources. The call for level energy policies and access to financing reverberates with Azincourt Energy’s commitment to fostering a sustainable future.

AzinCourt Energy Highlights:

Azincourt Energy’s remarkable journey thus far is reflected in its milestones. The company has spent over CDN $3 million in exploration expenditures on the East Preston Project over the past three years.

“If you’re hunting for a uranium deposit, this is what you need to see. We continue to be well within a practical discovery timeline. The company considers the drilling results to date to be significant, as major uranium discoveries in the Athabasca Basin such as McArthur River, Key Lake, and Millennium were primarily the result of drill testing of strong alteration zones related to conductor features” says CEO, Alex Klenman

Real-World Relevance:

The translation of Azincourt Energy’s contributions to relatable impacts is undeniably vital. Nuclear power’s role extends beyond clean electricity; it bears the potential to decarbonize challenging sectors like industry, transportation, and buildings. Imagine a world where emissions from cement and steel manufacturing decrease, where hydrogen becomes a clean transport solution, and where fresh drinking water is produced sustainably. Azincourt Energy is at the forefront of bringing this transformation into reality.

Looking Ahead with AzinCourt Energy:

Azincourt Energy’s future objectives align seamlessly with the optimistic industry forecast. As nuclear energy becomes a driving force in meeting climate targets, Azincourt Energy is poised to play a pivotal role. With innovation and sustainability at its core, the company is committed to creating a clean and secure energy future for all. The journey has only just begun, and investors are invited to explore Azincourt Energy’s potential further.

Conclusion:

The future of the nuclear energy industry is undeniably bright, and Azincourt Energy shines as a beacon of promise within it. The industry’s aspirations are mirrored in Azincourt Energy’s journey, from its milestones to real-world impacts. The alignment of the company’s vision with the industry’s upward trajectory signifies a compelling opportunity for investors and stakeholders. As Azincourt Energy continues to script its success story, now is the time to join the narrative, invest in the future, and be a part of the clean energy revolution.

YOUR NEXT STEPS

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Predictmedix AI Showcases Revolutionary Health and Safety Solution at D-30 Event in New Delhi

Posted by Brittany McNabb at 10:37 AM on Monday, November 6th, 2023

Predictmedix AI Inc., a leading force in rapid health screening solutions driven by artificial intelligence (AI), marked a monumental moment at the D-30 event in New Delhi, India. This international summit, uniting 30 nations under the United Nations banner, signifies a pivotal step forward in the collective global fight against drug addiction and the ensuing disabilities it causes.

Predictmedix AI is at the forefront of leveraging AI technology to revolutionize health screening and remote patient care solutions worldwide. Their Safe Entry Stations, powered by proprietary AI, employ multispectral cameras to analyze physiological data patterns, predict vital parameters, and detect impairment, fatigue, or various mental health conditions.

Key Highlights and Advantages:

The introduction of Predictmedix AI’s Safe Entry Stations at the D-30 event unveiled a groundbreaking solution that has far-reaching implications for diverse environments. These stations provide rapid, non-invasive health assessments, including impairment detection, creating safer workplaces and communities.

Potential Impact and Significance:

The event in New Delhi served as a powerful platform for sharing knowledge and innovative solutions to combat drug addiction. Predictmedix AI’s participation and the introduction of Safe Entry Stations underscore their commitment to global well-being and their pivotal role in the fight against drug addiction and its associated disabilities.

Expert Opinions and Analysis:

Dr. Rahul Kushwah, Chief Operating Officer of Predictmedix AI, emphasized the company’s mission to address pressing global health and safety concerns. He expressed honor in showcasing their Safe Entry Stations to representatives from 30 nations committed to promoting a safer world. Furthermore, the positive impact of this technology in education and skill development at a prominent institute in India opens another vertical for its application.

While the technology holds great promise, potential challenges in adoption and implementation may arise. Predictmedix AI is well-prepared to navigate these hurdles through strategic partnerships and ongoing innovation.

Predictmedix AI’s participation in the D-30 event is a testament to their pivotal role in combating drug addiction globally. The Safe Entry Stations represent a beacon of hope, providing a path towards a safer, drug-free world. With visionary leaders like Colonel G. Srikumar (Retd) at the helm, the company is poised to accelerate its impact not only in India but also in international markets, marking a significant milestone in Predictmedix AI’s journey towards global leadership in advanced AI technologies.

View Original Release: https://predictmedix.com/predictmedix-ai-unveils-safe-entry-stations-to-delegates-from-30-nations-at-d-30-event-in-new-delhi/

Predictmedix AI Revolutionizes Global Fight Against Drug Addiction with Cutting-Edge Screening Technology

Posted by Brittany McNabb at 9:48 AM on Thursday, November 2nd, 2023

Predictmedix AI Inc. has taken a significant stride in the global battle against drug addiction. The Toronto-based company, renowned for its rapid health screening solutions driven by proprietary artificial intelligence (AI), has been granted the distinguished honor of showcasing its groundbreaking impairment screening technology at the D-30 event. This summit, representing 30 nations united under the United Nations banner, is dedicated to combatting drug addiction on an international scale.

Predictmedix AI’s history is rooted in a commitment to innovation and excellence. Their impairment screening technology, a fusion of multispectral imaging and speech analysis, has achieved an impressive 90% accuracy rate in identifying impaired individuals. Powered by cutting-edge artificial intelligence, the system’s accuracy is set to soar as it continues to learn and adapt from new data.

Key Highlights and Advantages:

The technology’s impact extends beyond identification, delving into the real-time monitoring of vital parameters for patients recovering from drug addiction. This dual functionality for de-addiction treatment and managing associated disabilities holds immense promise for patients, students, and workers alike.

Potential Impact and Significance:

The participation in the D-30 event underscores Predictmedix AI’s commitment to innovation in the face of global challenges. By bringing together 30 nations, this summit amplifies the urgency and unity required to combat drug addiction effectively.

Expert Opinions and Analysis:

Dr. Rahul Kushwah, COO of Predictmedix AI, conveyed his enthusiasm for this opportunity, emphasizing the company’s dedication to leveraging innovation to combat drug addiction. The appointment of Colonel G. Srikumar (Retd), a distinguished veteran of the Indian Army, as the new director of Predictmedix India Pvt Ltd., further solidifies the company’s commitment to advancing its impact in India, Africa, and the Middle East.

Predictmedix AI’s invitation to the D-30 event stands as a testament to their pivotal role in combating drug addiction worldwide. Their impairment screening technology represents a beacon of hope, providing a path towards a safer, drug-free world. With Colonel Srikumar at the helm, the company is poised to accelerate its impact not only in India but also in international markets, marking a significant milestone in Predictmedix AI’s journey towards global leadership in advanced AI technologies.

View Original Release: https://www.accesswire.com/798717/predictmedix-ai-showcases-innovative-impairment-screening-technology-at-a-30-country-summit-in-india-focusing-on-combating-drug-addiction-globally

Revolutionizing Government Data Management: The HS GovTech Effect All Cash Transaction Values Company at $33.3 million

Posted by Brittany McNabb at 10:50 AM on Tuesday, October 31st, 2023

In an era where data reigns supreme, the significance of effective collection, interpretation, and transparency cannot be overstated. The COVID-19 pandemic underscored this truth, thrusting data into the spotlight and highlighting its crucial role in decision-making.

One company that has been at the forefront of this data revolution is HS GovTech Solutions Inc. With a rich history of empowering government agencies, HS GovTech has evolved into a trailblazer in the realm of data management. The company’s mission has always been clear: to provide a comprehensive platform that transcends mere data collection for field inspectors. Today, they stand as the largest independent provider of environmental health data management solutions in North America.

HS GovTech’s journey began with software designed to streamline government environmental health departments’ permitting, inspection, and enforcement tasks. Over the years, this vision has expanded into an entire ecosystem of products, catering to a diverse range of government health and safety regulatory agencies. From restaurant inspections to fire safety assessments, HS GovTech has revolutionized how these agencies operate.

Key Highlights and Advantages:

Largest independent provider of environmental health data management solutions in North America.

Suite of cloud-based products adopted by hundreds of municipal and county governments, demonstrating the platform’s scalability. Statewide contracts with numerous agencies, solidifying HS GovTech’s dominance in this space

In Q2 2023, HS GovTech Solutions demonstrated significant growth, with total revenues surging to $2.04 million, marking an 11% increase from the previous year. Subscription revenues also saw a notable uptick, reaching $1.46 million, compared to $1.08 million in Q2 2022.

HS GovTech also announced an acquisition agreement valuing the company at $33.3 Million

HS GovTech Solutions a prominent SaaS provider for government agencies, has signed a definitive arrangement agreement with Banneker Partners LLC, a US private equity fund. This agreement marks a significant milestone in the company’s growth trajectory.

Potential Impact and Significance:

HS GovTech’s cloud platform addresses the evolving needs of governmental agencies. By digitizing and centralizing data, the company empowers governments to be more transparent, collaborative, and efficient. This shift has been pivotal, especially during the pandemic.

Expert Opinions and Analysis:

CEO Silas Garrison’s vision for HS GovTech transcends technological advancements. It revolves around understanding and serving the unique needs of governmental agencies. This focus on practicality and efficiency sets HS GovTech apart.

Challenges and Considerations:

While HS GovTech’s platform is transformative, challenges persist. Adapting to new technology is not always straightforward for governments. However, HS GovTech’s commitment to client satisfaction and support ensures a smooth transition.

HS GovTech’s journey mirrors the evolution of government technology itself. From the early integration of external tech to the advent of cloud-based solutions, they’ve been at the vanguard. Now, with the added dimensions of remote access tools and citizen engagement, HS GovTech stands poised to lead the way in data management for governments.

In essence, HS GovTech is to government data management what Microsoft Office is to business software. They offer an all-encompassing platform, redefining how governments interact with and utilize their data. As the world continues to navigate a data-driven future, HS GovTech’s role in this landscape cannot be overstated. They’re not just providing solutions; they’re revolutionizing the very essence of government technology.

Revolutionizing Transportation: CATL’s 1,000km Battery Breakthrough and the Role of Infinity Stone Ventures

Posted by Brittany McNabb at 10:24 AM on Tuesday, October 31st, 2023

 

In a groundbreaking leap towards a sustainable future, Contemporary Amperex Technology Co. Limited (CATL), the world’s largest EV battery maker, has unveiled a game-changing innovation: a ‘condensed’ battery with the potential to power electric cars and planes for up to 1,000 kilometers on a single charge. This technological marvel, set for mass production later this year, promises to reshape the landscape of electric mobility.

Infinity Stone Ventures Corp., a pioneering force in critical energy metals, recognizes the profound impact of CATL’s breakthrough on the clean energy revolution. By securing critical mineral deposits, Infinity Stone Ventures is strategically positioned to contribute to the global shift towards sustainable transportation solutions. The company’s mission to be a diversified, single-source supplier for vital energy metals aligns seamlessly with CATL’s trailblazing advancements. Infinity Stones entered a partnership with R&D Innovations to use their patent-pending & proprietary air classification technology to mill graphite material into a fine graphite concentrate for potential use as anode material in lithium-ion batteries.

CATL’s ‘condensed’ battery, boasting twice the energy density of Tesla’s cutting-edge 4680 cell, not only extends the range of electric vehicles but also overcomes longstanding obstacles in electrified aviation. As the world transitions towards electric-powered transportation, this innovation is a game-changer, ushering in an era of universal electrification across land, sea, and air.

With a focus on clean energy solutions, Infinity Stone Ventures recognizes the significance of CATL’s breakthrough in accelerating the adoption of electric vehicles and fostering a more sustainable future. As CATL leads the charge in battery technology, Infinity Stone Ventures stands poised to play a pivotal role in the clean energy revolution, ensuring a greener, more efficient tomorrow.

Source: https://www.positive.news/environment/battery-breakthrough-long-range-electric-cars-and-planes/

Predictmedix AI Embarks on Pioneering International Expansion, Ushering in New Era of AI Solutions

Posted by Brittany McNabb at 8:51 AM on Friday, October 27th, 2023

Predictmedix AI Inc. (CSE:PMED)(OTCQB:PMEDF)(FRA:3QP) has returned from an extensive international campaign, marking a pivotal moment in the company’s journey toward global leadership in advanced AI technologies. The month-long endeavor witnessed the attainment of significant milestones across various domains of corporate development.

Strategic alliances forged during this period are set to reshape industries, particularly within the healthcare sector, as Predictmedix AI pioneers new applications for AI-driven solutions. Concurrently, the company has solidified collaborations with key government organizations, aligning with regulatory initiatives and fostering innovation.

Focusing on healthcare transformation, Predictmedix AI deepened its engagement within the sector, showcasing its unwavering commitment to redefining patient care and diagnosis through cutting-edge AI technologies. Moreover, the company’s expansion has not been confined to healthcare alone. By exploring opportunities in non-healthcare verticals, Predictmedix AI has expanded its influence and harnessed its AI expertise to contribute to a broader spectrum of industries.

This dynamic phase also witnessed a strategic augmentation of the company’s talent pool, with key individuals joining the team, poised to accelerate business development efforts. Dr. Rahul Kushwah, COO of Predictmedix AI, conveyed his excitement about the campaign’s outcomes, noting that the initiative provided an invaluable platform to reiterate the company’s commitment to innovation and regulatory compliance.

Furthermore, Predictmedix AI is actively pursuing Bureau of Indian Standards (BIS) and Central Drugs Standard Control Organization (CDSCO) certifications to uphold the quality and compliance of its healthcare solutions, in response to burgeoning client demands for commercial orders.

In a simultaneous move, the company has established a corporate address in San Francisco, USA, further solidifying its global presence.

The company’s agreements with two distinguished consultants, integral to the development of its technologies, further underpin its dedication to innovation. In acknowledgment of their contributions, Predictmedix AI will issue a total of 2,000,000 common shares, cementing its commitment to collaborative progress in the field of advanced AI solutions.

View original release: https://predictmedix.com/predictmedix-ai-accelerates-corporate-expansion-during-month-long-international-campaign/

VSBLTY Pioneers Retail Media Transformation with Shelf Nine Acquisition

Posted by Brittany McNabb at 8:44 AM on Wednesday, October 25th, 2023

 

VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt 5VS), the leading AI software provider in security and retail analytics, has officially inked a definitive agreement to acquire Shelf Nine LLC, an industry trailblazer in retail media networks. This strategic move propels VSBLTY into the forefront of the digital advertising landscape.

Shelf Nine’s retail media network boasts over 4500 screens, strategically positioned throughout the USA, revolutionizing in-store advertising. By seamlessly integrating loyalty apps, websites, and interactive digital displays, this network provides a comprehensive digital channel for brands and retailers. VSBLTY’s proprietary software delivers groundbreaking, computer vision-driven data analytics, offering unparalleled insights into customer behavior.

“This acquisition firmly cements VSBLTY not only as a world leading innovative software company, but as a leading-edge digital media company as well,” stated VSBLTY Co-founder & CEO Jay Hutton. “Our media offering is unlike any other traditional ‘Out of Home’ awareness product. Using our anonymous customer analytics software, we can not only confirm impressions, but we can state, who, when, where and for how long the advertisement was viewed.”

Under the terms of the Purchase Agreement, VSBLTY will issue 12,500,000 Shares to Shelf Nine’s owners, valued at US$500,000. An additional 1,250,000 Shares will be held in escrow for 15 months post-closing. Shelf Nine’s sellers are eligible to earn up to an extra US$3,890,000 worth of shares contingent upon achieving predefined revenue milestones over three years, commencing July 2023.

Key Shelf Nine personnel have committed to continue their employment and are eligible for performance incentives, further aligning their interests with the success of the acquisition. This strategic move fortifies VSBLTY’s position in North America, solidifying its commitment to innovation and transformative solutions in retail media.

Mike Manion, CEO of Shelf Nine, highlighted the synergies of this merger, emphasizing the unique value proposition offered by the combined entity. “With our digital media network of 4500 screens starting to generate revenue and the enhanced capabilities of VSBLTY’s latest analytics software offerings, we truly have a media product that is unique in the market.”

The Transaction, slated for completion by the end of October 2023, is subject to standard conditions and regulatory approvals. All issued Shares will adhere to applicable securities laws, with a four-month resale restriction from issuance.

Shelf Nine leads the charge in providing brands and retailers with targeted customer communications at the point of purchase through its premier digital media and content network. By establishing a retail ad network, Shelf Nine empowers store owners with increased ad revenue, enhanced content control, and integrated marketing capabilities. Advertisers are capitalizing on digital platforms that engage consumers during their shopping journey, making the 1:1 retail environment an optimal setting for targeted communication. Digital content in-store not only maximizes ad impressions but also elevates the shopper experience, leading to higher basket rings for retailers.

View Original Release: https://www.prnewswire.com/news-releases/vsblty-enters-definitive-agreement-to-acquire-shelf-nine-301966785.html

VSBLTY Revolutionizes NBA Season with Digital Cooler Screen Technology

Posted by Brittany McNabb at 8:53 AM on Tuesday, October 24th, 2023

VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt 5VS), the eminent AI-driven security and retail analytics technology provider, is set to unveil its cutting-edge digital cooler screen technology at a major sports and entertainment arena for the upcoming NBA season.

VSBLTY’s Co-founder & CEO, Jay Hutton, expressed his elation at the continued adoption of this technology by globally acclaimed beverage brands. Demonstrating outstanding performance, this technology has led soft drink bottlers and retailers to witness an impressive 100% surge in cases sold through VSBLTY’s digital cooler screens.

This deployment represents a significant milestone for VSBLTY, solidifying its reputation as the preeminent turnkey solution provider for brands looking to leverage this highly effective point-of-sale advertising platform.

The proprietary digital panels, seamlessly integrated into cooler doors, offer dynamic, computer vision-driven graphics designed to captivate shoppers. Real-time shopper analytics provide invaluable insights for both brands and retailers, all while ensuring complete viewer anonymity. The screens boast a patented feature allowing brand messages to be displayed in opaque, translucent, and crucially, transparent screen mode, ensuring visibility of the cooler’s contents.

This innovative approach, preferred by brands and retailers, surpasses other contentious applications that are being phased out by major retailers. Brands are now capitalizing on the opportunity to incorporate these digital coolers into a comprehensive, monthly service-as-a-fee model.

Headquartered in Philadelphia, VSBLTY leads the global landscape in Artificial Intelligence and real-time CCTV interpretation. Their technology leverages facial recognition, age, gender, and other matrices to deliver customized, real-time ads, enhancing retail brand visibility and driving sales. Additionally, the company plays a pivotal role in the burgeoning “Store as a Medium” movement, providing brands with a platform to connect with customers at the point of purchase, creating a new revenue stream for retailers.

In the realm of security, VSBLTY’s proprietary AI software offers a suite of products encompassing facial and weapon recognition, transforming traditional CCTV systems into proactive early warning security solutions, potentially saving lives.

View Original Release: :https://www.prnewswire.com/news-releases/vsbltys-advanced-digital-cooler-screen-technology-to-deploy-at-major-sports–entertainment-arena-for-nba-season-301965527.html