Surrey, British Columbia, September 27, 2023 /CNW/ – Surrey, British Columbia – September 27, 2023 – Ineotech Co., Ltd. (TSXV: INEO) (OTCQB: INEOF) (“company” or “Ineo) is the developer and operator of INEO Media Network, a digital advertising and analytics solution for retailers, which harnesses the power of AI to revolutionize video surveillance and fight crime in retail organizations. We are proud to announce our solution.
Abbreviation of INEO ORCA organized retail crime alertis INEO's latest AI-driven solution and represents a breakthrough in security and crime prevention. The latest feature of the patented INEO Welcoming System leverages advanced computer vision and machine learning algorithms to meticulously analyze archived CCTV footage taken during loss prevention events. Enables you to detect and recognize patterns related to organized retail criminal activity.
In today's rapidly evolving security environment, retailers face increasingly sophisticated threats from organized crime groups. Traditional security and surveillance methods are labor-intensive and often struggle to meet these challenges, making it essential to implement cutting-edge technology to protect in-store products. It has become.
The main benefits of INEO ORCA AI-powered systems are:
Threat detection: INEO's AI technology quickly identifies suspicious activity, anomalous behavior, and potential threats, and instantly sends exception reports to stores for store staff to respond.
Pattern recognition: The system learns and detects organized retail crime patterns, such as repeated behaviors, specific clothing, and group formations that are often unnoticed by human operators.
Predictive analytics: By analyzing historical video from loss prevention alarm event data, INEO's ORCA system can predict potential crime hotspots, allowing retailers' loss prevention teams to proactively allocate resources and prevent criminal activity from occurring. You can prevent it before it happens.
Cost-effective security: Deploying AI-powered monitoring can significantly reduce the need for extensive manual monitoring, increasing security while reducing costs for retailers.
“INEO is committed to making retail stores safer and more profitable places through cutting-edge AI technology,” said Greg Watkin, founder and president of INEO. “Adding the new INEO ORCA solution INEO ORCA is another reason why demand for the INEO Welcome System continues to grow.”
Ineotech Co., Ltd.
Per: “Kyle Hall”
Kyle HallChief Executive Officer and Director
About Ineotech Co., Ltd. (TSXV: INEO; OTCQB: INEOF)
INEO Tech Corp., through its wholly-owned subsidiary INEO Solutions Inc., operates INEO Media Network, a digital advertising and analytics solution for retailers. INEO's patented technology integrates and monetizes theft detection sensor gates and digital screens at retail store entrances. The company's cloud-based platform uses Internet of Things (IoT) and artificial intelligence (AI) technology to deliver customized digital ads to each store based on demographics, such as age and gender, of each store's customer traffic. Deliver to retail stores. The company is also deploying his INEO Welcoming Network technology to large retail chains through SaaS-based solutions. INEO's head office is surrey, canada It is listed on the TSX-Venture Exchange under the symbol “''.Ineo“and sold on the OTCQB-Venture Market under the symbol “''.dog”.
See below for more information.
Website: www.ineosolutionsinc.com
LinkedIn: www.linkedin.com/company/ineosolutions
Facebook: www.facebook.com/ineosolutionsinc
Instagram: www.instagram.com/ineosolutionsinc
twitter: www.twitter.com/INEOsolutions
Forward-looking statements
Investors are cautioned that, except as disclosed in disclosure documents, information published or received about the Company may not be accurate or complete and should not be relied upon. Trading in our securities should be considered highly speculative.
This news release contains forward-looking information that involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectations. . Important factors that could cause actual results to differ materially from our expectations, including the availability of funds, acceptance of our products, competition, and general market conditions, include the following: Disclosed in our documents filed on SEDAR.year is over June 30, 2022 Submit to SEDAR November 4, 2022. 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 to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by law.
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