TEL AVIV, ISRAEL / ACCESSWIRE / September 22, 2021 / A2Z Smart Technologies Corp. (“A2Z” or the “Company”) (TSXV: AZ, Financial) (OTCQX: AAZZF, Finance), an innovative technology company specializing in cutting-edge automation and electronics technology including the Cust2Mate Smart Cart Platform, today announced the signing of a distribution agreement with POLIT100 to promote, distribute and service the company’s Cust2Mate Smart Shopping Carts throughout Italy.
The Cust2Mate Smart Cart Platform intelligently recognizes every item purchased, enables payment in the shopping cart so that shoppers skip long queues at the checkout, and enables grocers to direct shoppers to discounted products and in-store promotions to efficiently manage inventory manage and move.
Under the terms of the partnership, POLIT100 will:
- Promote Cust2Mate products
- Identify relevant opportunities and make initial contacts with dealers
- Distribute Cust2Mate Smart Shopping Carts and offer all logistical and hardware maintenance including spare parts service
- Offer tier 1 and tier 2 technical support
- Train store staff in the correct use of Cust2Mate products
Rafi Yam, CEO of Cust2Mate, said: “We are very excited to partner with POLIT100 for the marketing and distribution of our Cust2Mate smart shopping carts. This agreement is an important next step in our growth strategy as we have our most recent partnership with. Expand Flex for the mass production of our shopping carts Our goal is to produce and sell our Cust2Mate Smart Shopping Cart Platform worldwide, and this partnership with POLIT100 brings us closer to that goal by offering extensive sales opportunities in the Italian market. “
Liron Ben Hur, Director of POLIT100, commented: “We are pleased to be working with A2Z to promote, sell and service their Cust2Mate Smart Shopping Carts. We have extensive experience in both the Italian and other European markets and look forward to it to be one. ” the first distributors to bring this cutting-edge technology to retail stores and buyers in the region. “
About A2Z Smart Technologies Corp
A2Z Smart Technologies Corp. creates innovative solutions for complex challenges. A2Z’s flagship product is the world’s first tried and tested mobile self-checkout shopping chart. With its easy-to-use intelligent algorithm, touch screen and computer vision system, Cust2Mate optimizes the retail shopping experience by wisely recognizing purchased products and allowing payment in the shopping cart so customers can easily “pick & go” and bypass long checkout lines . This leads to a more efficient shopping experience for customers, less unused shelf space and manpower requirements as well as expanded command and control functions for store managers. Cust2Mate’s SAAS-based software solution also provides supermarket heatmaps for targeted advertising, direct marketing and special promotions that help retailers increase sales and profits.
Other A2Z products include advanced automotive fire protection systems and portable power systems. The goal of all A2Z products is to save time, save money and save lives.
Cautionary Note Regarding Forward-Looking Statements
TSX Venture Exchange Inc. has in no way made any judgment as to the merits of the company, and has not approved or disapproved of the contents of this press release. Neither the TSX Venture Exchange nor its regulator (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. This press release contains forward-looking information that involves known and unknown risks, uncertainties and other factors that could cause actual events to differ materially from current expectations. Important factors – including the availability of funds, the results of funding efforts, the results of exploration activities – that could cause actual results to differ materially from the Company’s expectations will be discussed in Company’s documents from time to time on SEDAR disclosed (see www.sedar.com). 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. This press release constitutes neither an offer to sell nor a solicitation of an offer to sell any of the securities described herein in the United States or elsewhere. These securities have not been and will not be pursuant to the United States Securities Act of 1933, as amended, or the securities laws of a state and may not be offered or sold in the United States or to US persons unless they are registered or exempt.
Contact information:
IMS Investor Relations
John Nesbett / Jennifer Belodeau
Telephone: 203.972.9200
E-mail: [email protected]
A2Z Smart Technologies Corp.
Gadi Levin, CFO
Phone: + 972-8-932-4333
E-mail: [email protected]
SOURCE: A2Z Smart Technologies Corp.
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https://www.accesswire.com/665124/A2Z-Signs-Distribution-Agreement-with-Regional-Partner-in-Italy
