Western Media Group to market INEO's Retail
Media Network to brands and advertisers
SURREY,
BC, June 7, 2022 /CNW/ - INEO Tech
Corp. (TSXV: INEO) (OTCQB: INEOF) (the "Company" or
"INEO"), the innovative developer and operator of the INEO
Media Network, a digital advertising and analytics solution for
retailers, is pleased to announce a partnership with Western Media
Group ("Western Media") to market INEO's digital-out-of-home
advertising inventory to brands and advertisers. Based in
Vancouver BC, Western Media has
been successfully selling digital and traditional advertising on a
national level for 14 years and has developed an internationally
respected programmatic advertising trading desk.
"Our new partnership with Western Media will provide a large
boost to our ad sales efforts," commented Kyle Hall, CEO of INEO. "Western Media has
already sold placements on the INEO Media Network to well respected
national and regional brands, with several starting to run this
month. With Western Media and our internal ad sales team working
side by side, this will be a strong catalyst for the growth of
INEO's advertising revenue."
"Western Media is a dynamic organization and has always been on
the cutting edge of programmatic ad placement, which is now
revolutionizing the Out-of-Home advertising industry," said
Frank Halbach, Managing Director of
Media Sales at INEO. "The INEO Media Network will benefit from
Western Media's long-standing relationships with advertising
agencies and media buyers across North
America who can fill our digital screens with targeted
advertising content."
David St. Laurent, CEO of Western
Media commented, "We find this new partnership with INEO very
exciting and believe from initial conversations with our
advertising partners that there is a lot of interest in INEO's
network. We are looking forward to working with INEO and placing
advertising on INEO's growing Retail Media Network of in-store
digital signage. INEO's patented technology delivers a unique
ability to target consumers as they enter retail stores which
advertisers find very alluring. We will help INEO showcase this
advantage to the benefit of advertisers and work together to ensure
success."
INEO's Retail Media Network reaches over 2.4 million motivated
shoppers each month with highly visible digital display screens at
the entrance of retail stores. INEO's intelligent demographic and
analytics data enables unprecedented visibility and targeting for
location-based advertising by brands and advertisers.
INEO Tech Corp.
Per:
"Kyle Hall"
Kyle Hall, Chief Executive Officer
and Director
About INEO Tech Corp. (TSXV: INEO; OTCQB: INEOF)
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-based solution to larger retail
chains. INEO is headquartered in Surrey, Canada and publicly traded on the
TSX-Venture Exchange under the symbol "INEO" and on the
OTCQB-Venture Market under the symbol "INEOF".
For more information please visit:
Website:
www.ineosolutionsinc.com
LinkedIn:
www.linkedin.com/company/ineosolutions
Facebook:
www.facebook.com/ineosolutionsinc
Instagram:
www.instagram.com/ineosolutionsinc
Twitter:
www.twitter.com/INEOsolutions
About Western Media
Group
Western Media Group is a leading Canadian provider of truly
independent cross-media solutions. Spanning television, digital,
programmatic, radio and out-of-home media, Western Media Group
provides agencies and advertisers with access to a broad inventory
of on-demand media properties. Please visit us at
www.westernmediagroup.ca or on Twitter at @westernmedia.
Forward-Looking
Statements:
This news release contains statements and information that,
to the extent that they are not historical fact, may constitute
"forward-looking information" within the meaning of applicable
securities legislation. Forward-looking information may include
financial and other projections, as well as statements regarding
future plans, objectives or economic performance, or the assumption
underlying any of the foregoing. This news release uses words such
as "may", "would", "could", "likely", "expect", "anticipate",
"believe", "intend", "plan", "forecast", "project", "estimate",
"outlook", and other similar expressions to identify
forward-looking information. Forward-looking information involves
significant risks, assumptions, uncertainties and other factors
that may cause actual future results or anticipated events to
differ materially from those expressed or implied in any
forward-looking statements and accordingly, should not be read as
guarantees of future performance or results. There are a
number of important factors that could cause the Company's actual
results to differ materially from those indicated or implied by
forward-looking statements and information. Other factors
that could cause actual results to differ materially from the
Company's expectations are disclosed in the Company's documents
filed on SEDAR, including the Company's most recent annual and
interim Management Discussion and Analysis and Financial
Statements. Readers are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date
of this press release. The Company disclaims any intention or
obligation to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise,
except to the extent required by law.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
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SOURCE INEO Tech Corp.