STOCK TITAN

INTEL® COLLABORATES WITH VSBLTY COMPUTER VISION IN A METAVERSE RETAIL EXPERIENCE FEATURING STORE AS A MEDIUM

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

On January 18, 2022, VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) announced its innovative Store as a Medium (SaaM) program, featured in collaboration with WPP and Intel. This app highlights future retail trends and offers retailers insights as the market rebounds post-pandemic. A white paper detailing the SaaM opportunities will be released at the National Retail Federation Conference, supporting the call for retailers to capitalize on high-profit retail media networks. The company aims to empower all retailers, including small businesses, leveraging AI and data analytics.

Positive
  • Launch of the Store as a Medium app in collaboration with WPP and Intel enhances retail analytics capabilities.
  • Upcoming release of a white paper at the National Retail Federation Conference validates SaaM's business potential.
  • The app aims to provide insights that can boost sales and improve store efficiency for retailers of all sizes.
Negative
  • None.

Philadelphia, PA, Jan. 18, 2022 (GLOBE NEWSWIRE) -- VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt 5VS) (“VSBLTY”), a leading software provider of security and retail analytics technology, today announced that its Store as a Medium program is being featured in the WPP/Intel Store as a Medium app.

The group has leveraged the metaverse in a unique and interesting way to feature the supermarket and C-Store of the future. The Store-WPP/Intel/VSBLTY collaboration was created as a free downloadable app available on the iTunes App Store and for Android. The virtual experience projects the future of retail and provides a window into what is happening worldwide as the pandemic wanes and retail rebounds. 

A white paper, “Store as a Medium”, will also be released at the National Retail Federation Conference along with the app. The white paper encapsulates key global reporting about SaaM and substantiates that the time is now for retailers to take advantage of the high profit opportunities in retail media networks. 

On February 10, the group will also be hosting a round table discussion with ecosystem partners, that will strengthen the proposition that retailers can boost sales, improve store efficiency and receive data that will enable them to better understand shoppers, in addition to gaining new revenue. The discussion will also explain how SaaM will enable manufacturers and brands to have deeper engagements with customers right at point of sale and benefit from the data collected. The team leverages a group of best-in-class service providers, including Lenovo and Westrock, to provide turnkey solutions for brands and retailers. 

Among those on the SaaM panel, who have contributed to the white paper, will be David Roth, CEO of The Store-WPP and Chairman BAV; Maroun Ishac, Director of Business Development, Retail Solutions Division for Intel Corporation; Pedro Garavito, Vice President Tech & Transformation, CTO, Middle Americas at Anheuser-Busch InBev; Jay Hutton, VSBLTY Co-founder & CEO; Leon Nicholas, WestRock Vice President, Retail Insights & Solutions; Akama Davis, Global Digital Out-of-Home Practice Lead, Xaxis; Jon Bird, Executive Director, VMLY&R Commerce; Luke Hurd, Director of Experience Design XR, VMLY&R; and Robert Daigle, Senior Manager, Global AI Business, Lenovo ISG.

“We have been working worldwide with joint venture partners uniquely qualified to play a role in helping transform and monetize the Store as a Medium with retailers and brands,” said VSBLTY CEO Jay Hutton. “As the white paper validates, the future of SaaM is now. It’s where the internet of things meets media advertising, machine learning and big data analytics. SaaM is not just for the ‘big guys’. Even ‘Mom & Pop’ stores can also profit from SaaM,” Hutton added.

“This innovation is happening today in retail,” states Alec Gefrides, Vice President of the Internet of Things Group and General Manager of Retail, Banking, Hospitality and Education at Intel Corporation. “The app provides a sense of how quickly retail is evolving and is a place to connect and help brands, retailers and manufacturers imagine the innovation,” said Gefrides.

Click on links below to Store as a Medium App: 

iPhone and iPad: https://apps.apple.com/us/app/store-as-a-medium/id1600728363

Android: https://play.google.com/store/apps/details?id=com.Imersar.StoreasaMedium

 

Investor Relations 

CHF Capital Markets 

Cathy Hume, CEO, 416-868-1079, x251 

cathy@chfir.com 

  

Harbor Access LLC 

Jonathan Paterson, 203-862-0492 

Jonathan.Paterson@HarborAccessLLC.com 

 Graham Farell, 416-842-9003 

Graham.Farell@HarborAccessLLC.com 

CONTACT: Linda Rosanio, 609-472-0877  

lrosanio@vsblty.net 

About VSBLTY (vsblty.net

Headquartered in Philadelphia, VSBLTY (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt: 5VS) (OTC: VSBGF) (“VSBLTY”) is the world leader in Proactive Digital Display™, which transforms retail and public spaces as well as place-based media networks with SaaS-based audience measurement and security software that uses artificial intelligence and machine learning. Its proprietary technology effectively integrates with other digital retail solutions, including QR codes and mobile applications. The firm is also recognized for its leadership role in the growing Store as a Medium movement that enables brands to reach customers when and where buying decisions are being made while producing a new revenue stream for retailers. 

 


FAQ

What is VSBLTY Groupe Technologies Corp.'s new app about?

The app, Store as a Medium, showcases future retail trends and helps retailers understand market dynamics post-pandemic.

When will the white paper on Store as a Medium be released?

The white paper will be released at the National Retail Federation Conference.

How does Store as a Medium benefit small retailers?

Store as a Medium offers tools to help small retailers enhance sales and customer engagement through data analytics.

What is the stock symbol for VSBLTY Groupe Technologies Corp.?

The stock symbol for VSBLTY is VSBGF.

What companies are collaborating with VSBLTY on the Store as a Medium project?

VSBLTY is collaborating with WPP and Intel for the Store as a Medium program.

VSBLTY GROUPE TECHNOLOGIS

OTC:VSBGF

VSBGF Rankings

VSBGF Latest News

VSBGF Stock Data

3.61M
50.21M
3.76%
Software - Application
Technology
Link
United States of America
Vancouver