A2Z Smart Technologies Makes Smart Carts Available to Customers of Chedraui, a Leading Grocery and Department Store Chain in Mexico

Rhea-AI Summary

A2Z Smart Technologies Corp. (NASDAQ:AZ) has announced the launch of its innovative Cust2Mate Smart Cart solution at Chedraui's flagship store in Mexico City. This follows a successful integration with Toshiba's point-of-sale systems and thorough testing by Chedraui, a leading Mexican retailer with over 250 stores. The smart cart enhances the shopping experience by allowing in-cart payments and directing customers to discounts, aimed at improving inventory management. CEO Rafael Yam expressed excitement about this milestone partnership.

Positive

• Successful integration of Cust2Mate Smart Cart with Toshiba systems.
• Expansion into the Mexican retail market through Chedraui partnership.
• Enhanced shopping experience with in-cart payments and inventory management features.

Negative

• None.

TEL AVIV, ISRAEL / ACCESSWIRE / September 15, 2022 / A2Z Smart Technologies Corp. ("A2Z" or the "Company") (NASDAQ:AZ)(TSXV:AZ) announced today that the twelve of the Company's innovative smart cart solution will be available to the public at Chedraui's flagship store in Mexico City after the completion of a successful integration process with Toshiba point-of-sale and extensive internal testing by Chedraui.

Chedraui is one of the largest retailers in Mexico, with more than 250 stores, as well as stores in California, Arizona, New Mexico, and Nevada, operating under the name "El Super".

A2Z's state-of-the-art Cust2Mate Smart Cart streamlines the shopping experience by recognizing every purchased item and enabling in-cart payment so that shoppers skip lines, while also allowing retail grocers to direct shoppers to discounted products and in-store promotions to efficiently manage and move inventory.

"We are delighted to take this next step with Chedraui", stated Rafael Yam, CEO of Cust2Mate. "The integration process with Toshiba was a major milestone for us and the internal validation with Chedraui was extensive. We are thankful of the trust that they have shown in our solution and look forward to the next stage."

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 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.

Cautionary Statement Regarding Forward-Looking Statements

The TSX Venture Exchange Inc. has in no way passed upon the merits of the Company and 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

SOURCE: A2Z Smart Technologies Corp.

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FAQ

What did A2Z Smart Technologies announce on September 15, 2022?

A2Z Smart Technologies announced the launch of its Cust2Mate Smart Cart solution at Chedraui's flagship store in Mexico City.

What is the significance of the Cust2Mate Smart Cart?

The smart cart allows for in-cart payments and helps retailers manage inventory while enhancing the shopping experience.

Who is Chedraui and what is its role in A2Z's announcement?

Chedraui is one of Mexico's largest retailers and is partnering with A2Z to utilize the Cust2Mate Smart Cart in its flagship store.

What technology did A2Z integrate with for the Smart Cart?

A2Z integrated its Smart Cart with Toshiba's point-of-sale systems to streamline the shopping process.

How does the Cust2Mate Smart Cart benefit customers?

It enables customers to make in-cart payments, bypassing long checkout lines, enhancing overall shopping convenience.