VSBLTY GROUPE TECHNOLOGIS - VSBGF STOCK NEWS

VSBLTY Met Comprehensive Criteria for Breakthrough Retail Technology

On January 11, 2023, VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) announced its participation in the National Retail Federation Innovation Lab, showcasing its advanced cooler technology that utilizes AI and facial detection. The event scheduled for January 15-17 at the Jacob Javits Center in New York marks a significant platform for demonstrating breakthrough retail technology. VSBLTY's cooler solution offers insights into demographics, enhancing customer interaction and creating new revenue streams for retailers. The technology also emphasizes security through its AI-driven software capabilities.

VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) has been awarded the Intel® Network Builders Winners’ Circle Gold Award for the second consecutive year. This recognition highlights VSBLTY's commitment to innovation in security and retail analytics.

Intel's program celebrates partners who excel in technical innovations. VSBLTY's leading technologies include VisionCaptor™ and DataCaptor™, which enhance customer engagement using AI and machine learning. CEO Jay Hutton expressed pride in the company's ongoing partnership with Intel.

VSBLTY Groupe Technologies Corp. has entered a joint venture with Business Platform Investment Holdings to establish VSBLTY-Middle East, based in Dammam, Saudi Arabia. This partnership aims to deploy digital out-of-home solutions and AI-driven security technology across retail, oil and gas sectors, and smart cities in five Middle Eastern countries, including the UAE, Qatar, Oman, Bahrain, and Saudi Arabia. BPIH will handle funding and management, while VSBLTY provides software and consulting services. Future expansions into additional countries are anticipated.

VSBLTY Groupe Technologies Corp. reported a Q3 2022 revenue of $0.8 million, a 53% increase year-over-year. Year-to-date revenue reached $5.3 million, up 459% compared to the same period last year. The company's operating loss reduced to $2.9 million from $3.7 million in Q3 2021. VSBLTY also reported $50 million in contract backlog. CEO Jay Hutton emphasized ongoing efforts to meet market challenges and fulfill shareholder commitments.

On November 23, 2022, VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) was recognized as the 'Most Promising Data Analytics Solutions Provider 2022' by CIOReview. This accolade highlights VSBLTY's innovative approach in transforming retail experiences through its advanced analytics and digital display technologies. The company’s solutions, such as VisionCaptor™ and DataCaptor™, facilitate enhanced consumer engagement and brand interactions in physical retail spaces. VSBLTY's use of AI and machine learning positions them at the forefront of retail technology, addressing the evolving demands of consumers returning to brick-and-mortar stores.

Winkel Media Network, a joint venture of VSBLTY (OTCQB: VSBGF), Retailigent Media, and Anheuser-Busch InBev, has partnered with Marketmedios Comunicaciones to enhance advertising sales in Colombia. Marketmedios, a leading OOH company with over 5000 media outlets, will leverage Winkel's advanced facial detection technology for targeted advertising. This alliance aims to significantly boost revenue and attract international brands, further establishing Marketmedios as an advertising innovator. The partnership is expected to elevate customer engagement and sales at the point of sale by 25-35%.

VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) announced the addition of two scientists to its technology staff: Peter Kalocsai, Ph.D., as Principal Computer Vision Scientist, and Nareshkumar Jayavelu as Principal Data Scientist. Both bring extensive experience to the company, enhancing its capabilities in machine learning and data analytics. The company also reported that shareholders approved all motions at their AGM on October 31, 2022, including the re-appointment of auditors and the issuance of 1,075,000 stock options at $0.30 each for new directors and employees.

VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) has received a significant patent (No. 11,481,809) from the U.S. Patent and Trademark Office for its innovative software platform. This technology uses biometric and proximity triggers to deliver targeted advertising without compromising user privacy. The system identifies customer demographics to customize marketing messages, enhancing engagement and security measures. Co-founder & CEO Jay Hutton emphasized that this patent bolsters brand marketing efforts and improves advertising effectiveness during critical purchase decisions, marking a pivotal advancement for the company.

VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) announced a contract with Promo Espacio to enhance its in-store ad network in Mexico. Promo Espacio, the largest digital out-of-home (DOOH) company in Mexico, operates over 9,000 screens across various venues. This partnership, effective from October 2023, aims to boost revenue for Winkel Media, VSBLTY's joint venture, which leverages advanced demographics and audience measurement technology. The collaboration is expected to increase customer engagement and sales by 25-35% at the point of sale, enhancing the effectiveness of advertising campaigns.