Surrey, British Columbia--(Newsfile Corp. - January 31, 2025) - INEO Tech Corp. (TSXV: INEO) (OTCQB: INEOF) (the "Company" or "INEO"), a leader in innovative loss prevention and retail media solutions, is pleased to announce it has signed a reseller agreement with Bon Intelligence Inc. ("Bon"), a leading provider of AI driven retail analytics in Turkey. This agreement marks a significant milestone in INEO's international expansion strategy, bringing its advanced technology to one of the most dynamic retail markets in the world.
Under the agreement, Bon will have the rights to market, sell and distribute INEO's cutting-edge loss prevention and retail media solutions to retailers across Turkey. The partnership will enable Turkish retailers to enhance security, reduce shrink and generate new revenue streams through in-store digital advertising.
"We are excited to partner with Bon to bring our innovative technology to the Turkish market," said Kyle Hall, CEO of INEO. "Their deep expertise and strong relationships within the retail sector make them an ideal partner to drive adoption of the INEO Welcoming System solutions. This agreement aligns with our global growth strategy and will accelerate our presence in a key international market."
Bon will leverage its established network of retailers, system integrators and industry partners to introduce INEO's flagship Welcoming System products, including the new INEO AI Secure technology. Additionally, Bon will target opportunities for INEO's retail media network. The partnership is expected to unlock new revenue opportunities for both companies while providing Turkish retailers with next-generation technology to enhance in-store security and shopper engagement.
"We are thrilled to collaborate with INEO to deliver state-of-the-art loss prevention and retail media solutions to our clients," said Onur Isik, Founder and VP of Business Development of Bon. "Retailers in Turkey are increasingly looking for innovative ways to combat shrink and leverage digital media to deliver customer engagement and revenue generation capabilities. INEO's technology provides a unique and effective solution which will be a game-changer in our market."
This agreement marks the beginning of a strategic partnership which will strengthen INEOs footprint in the EMEA region, providing a foundation for future growth and expansion into additional international markets.
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, and INEO Retail Media, an advertising sales provider for in-store retail media. INEO is headquartered in Surrey, Canada and publicly traded on the TSX-Venture Exchange under the symbol "INEO" and on the OTCQB under the symbol "INEOF".
For more information please visit:
Websites: www.ineosolutionsinc.com
www.ineoretailmedia.com
LinkedIn: www.linkedin.com/company/ineosolutions
Forward-Looking Statements
Investors are cautioned that, except as disclosed in the disclosure document, any information released or received with respect to the Company may not be accurate or complete and should not be relied upon. Trading in securities of the Company should be considered highly speculative.
This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectations. Important factors - including the availability of funds, acceptance of the Company's products, competition, and general market conditions - 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 Annual Information Form for the year ended June 30, 2022 filed on SEDAR on November 4, 2022. 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, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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.
For further information:
Kyle Hall
CEO, INEO Tech Corp.
604-244-1895
investor@ineosolutionsinc.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239106
SOURCE: INEO Tech Corp.
