TEL AVIV, ISRAEL / ACCESSWIRE / September 22, 2021 / A2Z Smart Technologies Corp. (“A2Z” or the “Company”) (TSXV: AZ) (OTCQX: AAZZF), an innovative technology company specializing in cutting-edge automation and electronics technology including the Cust2Mate Smart Cart Platform announced today that it has signed a distribution agreement with POLIT100 for the promotion, sale and service of the company’s Cust2Mate Smart Shopping Carts in Italy.
The Cust2Mate Smart Cart Platform intelligently recognizes every item purchased, enables payment in the shopping cart so shoppers skip long queues, and enables grocers to direct shoppers to discounted products and in-store promotions to efficiently manage and move inventory.
Under the terms of the partnership, POLIT100 will:
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Promote Cust2Mate products
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Identify relevant opportunities and make initial contacts with dealers
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Distribute Cust2Mate Smart Shopping Carts and offer all logistical and hardware maintenance including spare parts service
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Offer tier 1 and tier 2 technical support
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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. Further expand Flex for the mass production of our shopping carts Our goal is the mass production and distribution of our Cust2Mate Smart Shopping Cart Platform on a global level and this partnership with POLIT100 brings us closer to this goal by offering us extensive distribution opportunities in the Italian market. “
Liron Ben Hur, Director of POLIT100, commented: “We are delighted to be working with A2Z to promote, distribute 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 offers 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 or opinion on the company’s merits, or has 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 identified in Company 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 does not constitute an offer to sell or the 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 under 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
Email: jnesbett@imsinvestorrelations.com
A2Z Smart Technologies Corp.
Gadi Levin, CFO
Phone: + 972-8-932-4333
Email: gadi@a2zas.com
SOURCE: A2Z Smart Technologies Corp.
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https://www.accesswire.com/665124/A2Z-Signs-Distribution-Agreement-with-Regional-Partner-in-Italy
