STOCK TITAN

A2Z Smart Technologies Retains IMS Investor Relations

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

A2Z Smart Technologies Corp. (OTCQX:AAZZF) announced the engagement of IMS Investor Relations to enhance its investor communications as it focuses on consumer markets with the global rollout of its Cust2Mate smart shopping cart solution. CEO Bentsur Joseph emphasized the need for a strong U.S. presence and effective communication strategies. The contract spans six months at $8,000 per month. A2Z specializes in innovative solutions, including the Cust2Mate system, aimed at improving retail efficiency. The company acknowledges potential risks as it expands in the marketplace.

Positive
  • Retained IMS Investor Relations for enhanced investor communication.
  • Focus on launching the Cust2Mate smart shopping cart globally.
  • Experienced management with a history of successful solutions.
Negative
  • Dependence on effective execution of investor relations strategy.
  • Market risks associated with the global rollout of new products.

TEL AVIV, ISRAEL / ACCESSWIRE / June 8, 2021 / A2Z Smart Technologies Corp. ("A2Z" or the "Company") (TSXV:AZ) (OTCQX:AAZZF), an innovative technology company specializing in state-of-the-art automation and electronics technology including the Cust2Mate smart shopping cart platform, today announced the retention of Institutional Marketing Services, Inc. (dba IMS Investor Relations) ("IMS") to develop and execute a comprehensive investor relations and financial communications program.

Bentsur Joseph, Chief Executive Officer of A2Z, stated, "As we increase our focus on the consumer markets with the global roll out of our Cust2Mate smart shopping cart solution, we believe it is important for us to establish a presence in the United States by retaining a firm that will provide us with an industry leading investor relations and communications program. We look forward to working with IMS Investor Relations to ensure we have the best communications strategies in place to enhance our efforts around proactively engaging with investors in the United States and worldwide."

John G. Nesbett, Founder and President of IMS Investor Relations, stated, "A2Z Smart Technologies is at a critical and exciting point in their development with the worldwide launch of their Cust2Mate smart shopping cart solution. With three decades of proven success designing state-of-the-art solutions for the Israeli security and defense forces, A2Z has the experience and resources to become a leader in the consumer marketplace as well. We look forward to supporting them by leveraging our expertise to help convey A2Z's value to Wall Street as the Company expands to a global scale."

IMS has been retained for a period of six months, after which the contract will continue on a month-to-month basis, and will be compensated $8,000.00 per month.

About IMS Investor Relations

IMS Investor Relations (www.imsinvestorrelations.com) helps small to mid-sized public companies ensure their public listing is a vital strategic asset with a credible and resonating brand, aligned shareholders and a valuation reflective of the long-term value of the business. IMS was founded to shine a much-needed light on microcap to mid-cap companies, a sector that is often misunderstood, underfollowed and undervalued by Wall Street. The firm's vast expertise in this space, trusted reputation and extensive relationships with analysts, institutional investors, family offices and brokers opens doors often kept closed to others. IMS prides itself on its longstanding client relationships due to its ability to understand its clients' needs and its agility in addressing the challenges of today's ever evolving financial landscape.

About A2Z Smart Technologies Corp

A2Z Smart Technologies Corp. creates innovative solutions for complex challenges. A2Z's flagship product is the world's first proven-in-use mobile self-checkout shopping chart. With its user-friendly smart algorithm, touch screen, and computer-vision system, Cust2Mate streamlines the retail shopping experience by automatically scanning purchased products and enabling in-cart payment so that customers can simply "pick & go", and bypass long cashier checkout lines. This results in a more efficient shopping experience for customers, less unused shelf-space and manpower requirements, and advanced command and control capabilities for store managers. Cust2Mate's SAAS-based software solution also provides shelf heatmaps for targeted advertising, direct marketing and special promotions that generate increased revenues and profits for retailers.

Additional A2Z products include advanced automotive fire prevention systems, bomb-defusing robots, and portable energy systems. The goal of all A2Z's products is to save time, save money and save lives.

Cautionary Statement Regarding Forward-Looking Statements

The TSX Venture Exchange Inc. has in no way passed upon the merits of the Company has neither approved nor disapproved the contents of this press release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 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 expectation. Important factors - including the availability of funds, the results of financing efforts, the results of exploration activities -- that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on SEDAR (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 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, registered in the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom.

Contact Information:

IMS Investor Relations
John Nesbett/Jennifer Belodeau
Telephone: 203.972.9200
Email: jnesbett@imsinvestorrelations.com

A2Z Smart Technologies Corp.
Gadi Levin, Chief Financial Officer
Telephone: +972-8-932-4333
Email: gadi@a2zas.com

SOURCE: A2Z Smart Technologies Corp.



View source version on accesswire.com:
https://www.accesswire.com/650869/A2Z-Smart-Technologies-Retains-IMS-Investor-Relations

FAQ

What is the purpose of A2Z Smart Technologies retaining IMS Investor Relations?

A2Z aims to enhance its investor communications and establish a stronger presence in the U.S. market.

How much will A2Z pay IMS Investor Relations for their services?

A2Z will compensate IMS Investor Relations $8,000 per month for their services.

What is A2Z Smart Technologies' flagship product?

A2Z's flagship product is the Cust2Mate smart shopping cart, designed to streamline the shopping experience.

What market segment is A2Z targeting with its Cust2Mate solution?

A2Z is focusing on the consumer market with the global rollout of Cust2Mate.

How long is the contract with IMS Investor Relations?

The contract with IMS is for six months, continuing on a month-to-month basis thereafter.

AAZZF

OTC:AAZZF

AAZZF Rankings

AAZZF Latest News

AAZZF Stock Data

14.27M
Packaged Software
Technology Services
Link
CA
Vancouver