STOCK TITAN

A2Z Smart Technologies Partners with Lenovo Group

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

A2Z Smart Technologies Corp. (NASDAQ:AZ) has announced a strategic partnership with Lenovo Group Limited to enhance its Cust2mate Smart Cart solution, which is aimed at revolutionizing the shopping experience. Lenovo will actively promote the Cust2mate platform globally, offering robust customer support. This collaboration is expected to enable A2Z to expand its retail solutions into international markets, leveraging Lenovo's global reach and resources. The Cust2mate platform simplifies the shopping process through advanced technology, allowing customers to bypass traditional checkout lines.

Positive
  • Strategic partnership with Lenovo enhances global promotion of Cust2mate Smart Cart.
  • Access to Lenovo's extensive worldwide sales channels will facilitate market expansion.
  • Cust2mate Smart Cart streamlines shopping experience and improves operational efficiency for retailers.
Negative
  • None.

TEL AVIV, ISRAEL / ACCESSWIRE / January 20, 2023 / A2Z Smart Technologies Corp. (NASDAQ:AZ)(TSXV:AZ) ("A2Z" or the "Company"), today announced that its subsidiary, Cust2mate Ltd ("Cust2Mate"), has partnered with Lenovo Group Limited.

Under the joint venture, the Company will use Lenovo solutions in its revolutionary Cust2mate Smart Cart solution and Lenovo will actively sell and promote the solution through its extensive worldwide channels.

Bundled with global, on-site support, Cust2mate can roll out its smart cart platform to supermarkets around the world, with future service needs covered by Lenovo's global support.

Hila Kraus, Head of Sales stated, "The Cust2Mate platform with embedded Lenovo OEM solution is designed to serve shoppers from the moment they enter the store until they leave-without any friction, lines, or delays."

She continued: "Equally important is vendor support and services. Lenovo's global scale and reach was a key deciding factor, as we look to expand into new markets worldwide. We have a great relationship with the local team in Israel, who have offered valuable advice and technical support throughout the cart design process."

For more details on the joint venture please visit the Lenovo website at the following link:

https://www.lenovo.com/us/en/resources/streams/customer-stories/?storypopup=Cust2Mate

About A2Z

A2Z Smart Technologies Corp. creates innovative solutions for complex challenges. A2Z's flagship product is an advanced 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.

Contact Information:

Hanover International Inc.
Jh@hanoverintlinc.com
(1) 760 564 7400

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 newsrelease 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.

SOURCE: A2Z Smart Technologies Corp.



View source version on accesswire.com:
https://www.accesswire.com/735995/A2Z-Smart-Technologies-Partners-with-Lenovo-Group

FAQ

What partnership did A2Z Smart Technologies announce?

A2Z Smart Technologies announced a partnership with Lenovo Group Limited to promote its Cust2mate Smart Cart solution.

How will Lenovo support A2Z's Cust2mate solution?

Lenovo will actively sell and promote the Cust2mate Smart Cart through its global channels and provide on-site technical support.

What is the purpose of the Cust2mate Smart Cart?

The Cust2mate Smart Cart aims to enhance the shopping experience by allowing customers to pick products and bypass checkout lines.

What stock symbol is associated with A2Z Smart Technologies?

The stock symbol for A2Z Smart Technologies is AZ.

When was the partnership with Lenovo announced?

The partnership was announced on January 20, 2023.

A2Z Cust2Mate Solutions Corp. Common Shares

NASDAQ:AZ

AZ Rankings

AZ Latest News

AZ Stock Data

166.82M
18.82M
26.32%
2.97%
0.54%
Software - Application
Technology
Link
United States of America
Vancouver