A2Z Smart Technologies Corp. (AZ)

[MegaMountain33]

Recent surge indicate bullish trend is around the corner, keep alert!

[DigitalSamurai30]

AZ has developed a smart shopping cart with advanced features aimed at transforming the traditional shopping experience. The key innovation is the ability to automatically check out without the need to go through the usual manual payment process at the cashier.

Essentially, this company’s technology simplifies the shopping process and significantly improves customer convenience, with the potential to reshape the way people shop in the future.

[PTT Ng]

Smart cart stocks for retail..

[EnigmaticKraken98]

Hi everyone.. today AZ is looking very good..

[EnigmaticKraken98]

AZ Teams Up with Level 10 for U.S. Rollout of Smart Carts

On September 19, 2024, A2Z Cust2mate Solutions Corp. ("A2Z"), a tech company known for its innovative solutions, announced a partnership with Level 10, LLC, a top retail IT service provider. The agreement focuses on installing, deploying, and maintaining A2Z's smart shopping carts in U.S. stores.

Gadi Graus, CEO of A2Z, mentioned that the company is preparing for a major increase in smart cart rollouts with several large retailers. Partnering with Level 10, with over 20 years of experience in retail tech, will help A2Z scale its operations smoothly across the U.S.

Level 10’s President, John Pruban, added that their mission is to help retailers use technology to boost efficiency and customer experience. He expressed excitement about supporting A2Z’s smart cart rollout, which is set to improve how retailers operate and interact with customers.

This collaboration is a big step towards bringing more smart shopping solutions to U.S. stores.

P/S: Just sold my INTL to buy more of this.

[MonkDomain94]

NASDAQ: AZ | Revolutionising Retail Shopping with Smart Carts | EP01

This Company - A2Z Cust2Mate Solutions Corp (NASDAQ: AZ) will be an absolute game changer in the realm of smart retail solutions. And it is now time for investors to give a serious look into this technology stock!

Here's what you can learn from this video:-

Watch Full Here

1. What is AZ currently doing.
2. The products feature of AZ.
3. The prospects of AZ going ahead.

#AZ #SMARTCART #FINANCE #INVESTMENT #NASDAQ

[MonkDomain94]

Let ultimate results make the noise

[stoneroad]

And you’re coming up with Walmart how?

[MonkDomain94]

NASDAQ: AZ | Entering into New Collection Phase | Technical Review



A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) is seeing a breakout from its flag pattern last week. This shows a positive trend of stronger buying momentum as indicated by share price above the key EMA20 line, together with strong buying interests (as indicated by the red bars below) for AZ. For the coming week, we expect AZ to continue to challenge its key resistance of $0.80 AND $1.00, giving a Risk-to-Reward (RR) of 2.3 times based on a stop loss level below the key EMA20 line.

[MonkDomain94]

Keep an eye on Walmart man

[MonkDomain94]

NASDAQ: AZ | Revolutionizing the $26.7 Billion Self-Service Market by 2028



Tired of long checkout lines? AZ Cust2Mate (NASDAQ: AZ) might be worth adding to your watchlist. Specializing in smart cart technology, AZ's flagship product offers in-cart weighing for produce, navigation features, seamless checkout, and advanced security to prevent theft.

Imagine shopping with AZ’s smart cart, scanning items as you go—no more waiting in lines. Already partnered with Yochananof and Carrefour, AZ is making strides in the US market, projected to reach $26.7 billion by 2028.

AZ operates on a SaaS model, earning from setup fees, monthly subscriptions, and additional services like data insights. With 5,000+ carts deployed, they’re poised for growth. Despite recent stock volatility, AZ’s strong fundamentals make it an intriguing investment opportunity.

[EnigmaticKraken98]

A2Z Cust2Mate Files Patent Application for AI-Powered Shopping Cart Inventory Change Indicator System



TEL AVIV, ISRAEL, September 12, 2024 - A2Z Cust2Mate Solutions Corp. ("A2Z" or the "Company") (NASDAQ:AZ)(FRA - WKN:A3CSQ), a global leader in innovative technology solutions, is pleased to announce that its subsidiary Cust2Mate Ltd., a leading provider of smart shopping cart solutions, has submitted a patent application for its Shopping Cart Inventory Change Indicator System, a solution designed to address inventory shrinkage issues in retail through the application of advanced technologies, powered sophisticated proprietary artificial intelligence (AI).

In 2023, U.S. retailers suffered an estimated $142 billion in losses due to inventory shrink, 25% more than in 2022, according to a WSJ report, citing figures from investment bank William Blair.

The core of the Shopping Cart Inventory Change Indicator System is its AI-driven anomaly detection module. This module employs deep learning algorithms to monitor and analyze shopper behavior in real-time, identifying patterns that may indicate theft or other irregular activities. Complementing this, the system includes a barcode scanner for item tracking, a computer vision system with high-resolution cameras for product recognition, and a security scale that measures item weight to detect discrepancies.

A key feature of the system is its advanced change detection solution using a camera system. The high-resolution cameras are strategically positioned to capture detailed images of items placed into or removed from the shopping cart. The computer vision system processes these images to detect any changes, ensuring accurate product recognition and real-time inventory updates. This precise monitoring capability enables the system to identify discrepancies and potential theft attempts, thereby significantly improving inventory accuracy and security.

Mr. Gadi Graus, CEO of A2Z, commented, “A2Z focuses on leveraging artificial intelligence to provide sophisticated solutions for retail challenges. The patent-pending Shopping Cart Inventory Change Indicator System exemplifies this approach, offering an advanced method for inventory management and theft mitigation. As the retail sector evolves, Cust2Mate is committed to developing technologies that enhance operational efficiency and security.”

[stoneroad]

Why no US customers?

[abrooklyn]

Nayax and A2Z Cust2Mate Unveil Disruptive On-Cart Payment Solution for Retail Shoppers

Source: GlobeNewswire Inc.

Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement payments and loyalty platform designed to help merchants scale their business, and A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ)(FRA - WKN:A3CSQ), a global leader in innovative technology solutions, today announced a strategic partnership to pair Nayax’s convenient automated self-service retail mobile payment system with A2Z Cust2Mate’s innovative smart cart platform for smart retail stores.
Nayax and A2Z Cust2Mate will allow customers to complete their entire shopping journey from the comfort of their smart cart, with no need to waste time in long checkout lines. A2Z’s Cust2Mate 3.0 can transform any shopping cart into a powerful shopping platform, integrating a sleek touchscreen panel, with computer vision and a powerful algorithm to provide an effective, interactive, and personalized shopping experience. Incorporating Nayax’s innovative on-cart comprehensive hardware and software payment solution, A2Z Cust2Mate 3.0 will allow customers to simply “pick-and-go”, providing a more convenient shopping experience.

Nayax and A2Z Cust2Mate will collaborate to sell the Cust2Mate 3.0 smart cart system with integrated Nayax payment technology as a unified, end-to-end solution for retailers around the world. The first smart carts with Nayax’s payment solution will be deployed in France, with the goal to deploy tens of thousands of payment enabled smart carts globally.

“Relocating the point of sale from the checkout lane to the shopping cart is an ingenious way to improve a retailer’s operational efficiency and the shopper’s experience,” says Yair Nechmad, CEO and Chairman of Nayax. “Nayax is thrilled to partner with A2Z Cust2Mate to offer an integrated, state-of-the-art shopping and payment solution for retailers and their customers.”

“This partnership expands our sales reach and strengthens our presence in the retail market,” commented Gadi Graus, CEO of A2Z Cust2Mate. “By integrating Nayax’s seamless payment solution with our smart carts, we’ve created a game-changing innovation that boosts retailer revenue, cuts operational costs, and enhances the shopping experience.”

About Nayax

Nayax is a global commerce enablement, payments and loyalty platform designed to help merchants scale their business. Nayax offers a complete solution including localized cashless payment acceptance, management suite, and loyalty tools, enabling merchants to conduct commerce anywhere, at any time. As a global leader in serving unattended retail, Nayax has transformed into a comprehensive solution focused on our customers' growth across multiple channels. As of June 30, 2024, Nayax has 11 global offices, approximately 1,100 employees, connections to more than 80 merchant acquirers and payment method integrations, and is globally recognized as a payment facilitator. Nayax's mission is to improve its customers' revenue potential and operational efficiency. For more information, please visit www.nayax.com.

About A2Z Cust2mate Solutions Corp.

A2Z Cust2Mate Solutions Corp. creates innovative solutions for complex challenges. A2Z's flagship product is the world's first proven-in-use mobile self-checkout shopping cart. With its user-friendly smart algorithm, touch screen, and other technologies, 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.

For more information on A2Z Cust2mate Solutions Corp. (NASDAQ: AZ) ($AZ)(FRA - WKN:A3CSQ) and its subsidiary, Cust2mate Ltd., please visit https://cust2mate.com/.

Nayax Forward-Looking Statements

This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “estimate” and “potential,” among others. Forward-looking statements include, but are not limited to, statements regarding our intent, belief or current expectations. Forward-looking statements are based on our management’s beliefs and assumptions and on information currently available to our management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including, but not limited to: our expectations regarding general market conditions, including as a result of the COVID 19 pandemic and other global economic trends; changes in consumer tastes and preferences; fluctuations in inflation, interest rate and exchange rates in the global economic environment; the availability of qualified personnel and the ability to retain such personnel; changes in commodity costs, labor, distribution and other operating costs; our ability to implement our growth strategy; changes in government regulation and tax matters; other factors that may affect our financial condition, liquidity and results of operations; general economic, political, demographic and business conditions in Israel, including the ongoing war in Israel that began on October 7, 2023 and global perspectives regarding that conflict; the success of operating initiatives, including advertising and promotional efforts and new product and concept development by us and our competitors; Moshe Shmaryahu's success as the Company's new Chief Information Officer; and other risk factors discussed under “Risk Factors” in our annual report on Form 20-F filed with the SEC on February 28, 2023 (our "Annual Report"). The preceding list is not intended to be an exhaustive list of all of our forward-looking statements. The forward-looking statements are based on our beliefs, assumptions and expectations of future performance, taking into account the information currently available to us. These statements are only estimates based upon our current expectations and projections about future events. There are important factors that could cause our actual results, levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements expressed or implied by the forward-looking statements. In particular, you should consider the risks provided under “Risk Factors” in our Annual Report. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Each forward-looking statement speaks only as of the date of the particular statement. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason, to conform these statements to actual results or to changes in our expectations.

A2Z Cust2mate Forward-looking Statements

Matters discussed in this press release may contain forward-looking statements that are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the Company's filings with the on SEDAR and with the Securities and Exchange Commission. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. Forward-looking statements contained in this announcement are made as of this date, and 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.

For Nayax For A2Z Cust2mate
Company Contact Information: Scott Gamm
Strategy Voice Associates
[e-mail] Gadi Graus, CEO
[e-mail]
[phone]

Investor Contacts:

Aaron Greenberg
Chief Strategy Officer
[e-mail] Brett Maas, Managing Principal, Hayden IR, LLC
[e-mail]
[phone]


A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7bce3e36-42ba-4ca9-ad22-429b4ddc78d4

[Bayguy]

Good post. I hope the supermarket world is finally ready for A2Z‘s product. It’s been around for some time.

[MonkDomain94]

NASDAQ: AZ | Tap Dancing into the $26.7 billion Self-Service Market by 2028!!

Hate queuing to checkout in supermarkets or hypermarkets?

A2Z Cust2Mate Solutions Corp (NASDAQ: AZ) might be the company you need to add to your watchlist. AZ is a leading global provider of innovative technology solutions, specialising in smart cart platforms – and this is not just any ordinary smart cart.

Let me explain.

AZ’s flagship smart cart product is set to revolutionise the retail self-checkout market. It features in-cart weighing capabilities, making it especially convenient for checking out produce like fruits and vegetables.

Additionally, the smart cart offers navigation features and seamless checkout functionality, all while incorporating robust security measures to prevent theft – a critical concern for retailers.

In simpler terms, imagine walking into a supermarket with one of AZ’s smart carts, doing your shopping, and checking out as you go.

No more queues.

Currently, AZ provides its solutions to Yochananof, Israel’s fourth-largest retail chain, and Carrefour, the largest retailer in France with over 3,500 stores. The company is also making significant inroads into the US market.

Why is the US market such a game-changer for AZ? Let’s take a closer look.

According to Grand View Research, the US self-checkout systems market is projected to grow at a compound annual growth rate (CAGR) of 11.3%, reaching $26.7 billion by 2028. There are even rumours that AZ is in discussions with a number of leading US retail chains, which will mark as a significant milestone for the company.

How Does AZ Generate Revenue?

AZ operates on a scalable Software-as-a-Service (SaaS) model, which allows for easy expansion while also facilitating valuable data collection for future advertising opportunities.

Here's how the revenue streams break down:

Initial Setup Fees. Retailers bear one-third of the cost, with the remaining two-thirds covered by AZ. The setup costs range between $1,000 and $2,000 per smart cart, and AZ expects a payback period of approximately six months.
Subscription Model. Retailers pay a monthly fee ranging from $100 to $200 per cart. Currently, AZ has over 5,000 smart carts deployed, creating a steady stream of recurring revenue.

Additional Services. AZ also offers services related to data and advertising, providing valuable consumer behaviour insights to product owners. This capability could be a game changer, enabling brands to obtain highly accurate data on consumer purchasing patterns.



With this scalable business model and recurring revenue, AZ is well-positioned for future growth.

However, recent volatility in the US market has put downward pressure on AZ’s stock price. Despite this, AZ's strong fundamentals and innovative business model present significant growth potential, making it a compelling investment opportunity.

[abrooklyn]

Shopping Reinvented: The Data-Driven Smart Cart Revolution is Here

https://thecustomer.net/shopping-reinvented-the-data-driven-smart-cart-revolution-is-here/

[traderking60]

Looks like AMZN prefers the cart method like AZ has developed over their "just walk out" method that they were using in their stores. https://gizmodo.com/amazon-reportedly-ditches-just-walk-out-grocery-stores-1851381116

[valleybenedetto]

Wrong PR sorry

[abrooklyn]

The Future of Retail, Part 2- Tomorrow’s Tech

https://foodinstitute.com/focus/the-future-of-retail-part-2-tomorrows-tech/

[Bayguy]

“…there was no shortage of vendors focused on the category, from big-dog Amazon’s Dash Cart (AMZN) to A2Z Cust2Mate (AZ), Caper and Veeve.”

Takeover candidate?

[abrooklyn]

https://www.forbes.com/sites/deandebiase/2024/03/11/how-ai-enabled-smart-carts-can-bring-retail-into-the-21st-century/?sh=577336bf6f32

[abrooklyn]

A2Z SMART TECHNOLOGIES CORP
FORM 6-K
(Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16)
Filed 02/21/24 for the Period Ending 02/21/24

https://www.otcmarkets.com/filing/conv_pdf?id=17292893&guid=Phd-k6-X1NXCJth

[HLHoneyTrades]

They need to get the Q4 earnings out

[abrooklyn]

The future of grocery store design: It may be time for the checkout aisle to check out

https://www.bdcnetwork.com/blog/future-grocery-store-design-it-may-be-time-checkout-aisle-check-out

[HLHoneyTrades]

The retail industry analysts predict triple digit growth annually through 2026.

Walmart has two fully stocked 300 cart bays in every store. They already use the NCR technology in existing self checkout aisles that Cust2Mate uses. They lack the security, A.I. advertising and personal user relationship management software that $AZ Cust2Mate's #smartcarts… pic.twitter.com/6kPUGzQSrf

— TraderZero (@_TraderZero_) December 24, 2023

[HLHoneyTrades]

Nice +33% week for $AZ. Nice RDO showing continued investment interest from institutions. Q1 should have good catalysts with Q4 earnings and forward guidance signaling the transition to profitability.

[mick]

AZ
A2Z Smart Technologies Corporation
1.20
-0.04 (-3.23%)
Volume: 71,661
Day Range: 1.17 - 1.2799
Bid: 1.11
Ask: 1.21
Last Trade Time: 6:24:26 PM EST
Total Trades: 189

[abrooklyn]

A2Z Cust2Mate Presentation

https://www.cust2mate.com/wp-content/uploads/2023/11/Investor-Presentation-November-15-2023.pdf

[abrooklyn]

A2Z Announces Proposed Spin-Off of Advanced Automotive Innovations Inc

https://finance.yahoo.com/news/a2z-announces-proposed-spin-off-140000145.html?s=09

A2Z Smart Technologies Corp.
Thu, Nov 9, 2023 at 9:00 AM EST4 min read

In This Article:
AZ
-0.72%
TEL AVIV, ISRAEL / ACCESSWIRE / November 9, 2023 / A2Z Smart Technologies Corp. ("A2Z" or the "Company") (NASDAQ:AZ)(TSXV:AZ) ($AZ), a global leader in innovative technology solutions, is pleased to announce the unanimous approval of a plan by its Board of Directors to spin off its 80% interest in Advanced Automotive Innovations Inc ("AAI").

As part of the restructuring, AAI is expected to become a publicly traded company, such that all shareholders in A2Z will receive an equivalent pro-rata shareholding in AAI. The Board has authorized the engagement of experienced legal, financial, tax, securities, and other consultants and auditors to oversee the entire restructuring process. The restructuring is subject to receipt of all corporate and shareholder approvals as well as receipt of all regulatory approvals including that of the TSX Venture Exchange. The Company anticipates that the restructuring will be completed in Q2, 2024.

AAI specializes in the automotive safety sector and is currently developing a groundbreaking "Fuel Tank Inertia Capsule System" ("FTICS") designed to prevent fuel combustion in the event of a vehicle collision. AAI holds a patent with the U.S. Department of Commerce for FTICS and is actively working towards the commercialization of a product that can be seamlessly integrated into automobile gasoline tanks.

Gadi Graus, President of A2Z, stated, "We believe that the pioneering and lifesaving "Fuel Tank Inertia Capsule System" being developed by AAI has remarkable potential. This proposed spin-off represents a significant opportunity for AAI to further the development of the system as an independent company, to realize its maximum potential, and to allow A2Z to concentrate its resources more fully on the Cust2mate smart cart solution. We are committed to ensuring that the transition is executed seamlessly and efficiently. We look forward to the exciting developments and value creation that we believe this strategic decision will bring to A2Z and AAI and to enhancing our shareholders' value."

Further press releases will be forthcoming as the restructuring progresses.

For more information on A2Z Subsidiary Cust2Mate, please visit www.cust2mate.com. For details on investing in A2Z (NASDAQ:AZ) ($AZ), visit www.a2zas.com.

About A2Z Smart Technologies Corp.

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.

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 and the risks relating to our business -- 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) and with the Securities and Exchange Commission (see www.sec.gov). 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.

Company Contact:

Gadi Graus, President
[e-mail]
03-3732328

Investor Contacts:

Brett Maas, Managing Principal, Hayden IR, LLC
[e-mail]
[phone]

SOURCE: A2Z Smart Technologies Corp.

[HLHoneyTrades]

https://www.accesswire.com/797301/a2zs-cust2mate-secures-first-purchase-order-to-deliver-smart-carts-to-monoprix-stores

[HLHoneyTrades]

$AZ
We're constantly working on new innovations, and we're excited to introduce our fresh branding! 
Cust2mate now showcases a brand new image that embodies innovation, efficiency, and an enhanced shopping experience 🛒 #Cust2Mate #Smarcart pic.twitter.com/lUQNrEQtki

— A2Z Cust2Mate Corp NASDAQ $AZ (@CorpA2z) November 1, 2023

[HLHoneyTrades]

https://www.timesofisrael.com/israeli-startup-inks-nis-30m-deal-to-deploy-smart-carts-at-local-home-design-stores/

[HLHoneyTrades]

https://markets.businessinsider.com/news/stocks/a2z-cust2mate-bolsters-leadership-with-new-chief-technology-officer-and-expands-intellectual-property-footprint-carrefour-update-1032776876

[HLHoneyTrades]

https://retailtechinnovationhub.com/home/2023/11/7/its-here-rtih-announces-shortlist-for-2023-omnichannel-retail-technology-innovation-awards

[HLHoneyTrades]

I'm surprised to see this board dead with the latest PR and contracts. This ticker is coming back to life in a big way. They picked up a guy on X who's pretty well respected as a penny value hunter, not a pumper. He posted all the details on his contract. He says he is changing the promo game, and he's on A2Z with some legit details from the company. I'm adding more tomorrow the next 4 to 6 weeks press is supposed to be hot

[HLHoneyTrades]

The hype was real it was just early. They have been dropping contract PR and are finally delivering carts. They released the contract numbers - $500 upfront cash per cart and $100/mo subscription for 5 years. A 2000 cart order is $1M cash and $1M recurring revenue. They picked up Carrefour for 50K carts over 4 years, the Walmart of Europe with 15,000 stores, 20K commitment through the distributor with the first 700 carts ordered, big delivery in Asia this month. $1.40
is crazy. I'm picking up another 2000 shares in the morning

[Stock_Up_Stock_Down]

What's the story here? Board is dead but stock looks attractive at these levels. Contracts, chart looks ripe, small share structure. Why is the interest low??

[abrooklyn]

https://www.accesswire.com/777119/A2Z-Smart-Technologies-Corp-Announces-Corporate-Update

A2Z Smart Technologies Corp. Announces Corporate Update
Friday, August 25, 2023 8:20 AM
A2Z Smart Technologies Corp.
http://www.a2zas.com

News Follows: A2Z Cust2Mate Expands to Serve Demand in U.S. Retail Market with New Leadership Team*

TEL AVIV, ISRAEL / ACCESSWIRE / August 25, 2023 / A2Z Smart Technologies Corp. ("A2Z") ("Company"), (NASDAQ:AZ)(TSXV:AZ), A2Z Smart Technologies Corp. (NASDAQ:AZ) is making significant strides in the retail sector, transitioning from purely research and development to becoming a prominent global leader as smart shopping cart platform provider. Recent achievements, including mass manufacturing capabilities and the leadership of Guy Mordoch, CEO of Cust2Mate smart cart business, are driving exceptional growth and reshaping the retail industry. The following is an update on key corporate developments reflecting on our journey.

Kit Cart - Modular Cart Advancements and Mass Production

We have made substantial strides in advancing our new-generation modular cart. This includes streamlining the mass production process, resulting in cost efficiencies and enhanced retrofitting capabilities. Cust2Mate is on course to introduce a modular detachable cart, incorporating cutting-edge features such as RFID technology, AI integration, expanded value-added services, and more.

Monumental Corporate Transition

Cust2Mate is completing a major transition: from the R&D stage to a growth and scale stage; from a hardware company to a software platform and digital services company; from a local company to a global company.

To bolster this transition, we have hired a global Supply Chain Manager, launched a North American focused team (see below), add a Channels & Alliances Manager and other new team members globally.

Update on Client Yochananof:

A2Z has successfully fulfilled the existing revised order for 1,300 smart carts, receiving positive feedback from both the retail side and the shoppers.
Yochananof has informed Cust2Mate of plans to acquire an additional 1,700 smart carts.
*Original Press Release: https://bit.ly/azclient3
According to data from Yochananof, the value derived from using the smart carts has surpassed initial projections and expectations. Key metrics include:
73% customer retention rate
Customer satisfaction score of 4.1 out of 5
Average purchase volume in smart carts is 158% that of regular checkouts and 171% of self-checkouts
Improved insights into customer behavior and shopping patterns while in-store
Financial Highlights:

Revenues for the six months ended June 30, 2023 reached $7.6 million, representing a 163% increase from $2.9 million during the same period the previous year. Gross profit for six months ended June 30, 2023 amounted to $1.7 million, a 241% increase from resh$487 thousand during the same period of the previous year

Theft (Shrinkage):

Retailers are suffering from massive increases in theft*. The Cust2Mate Smart Cart is the first-in-class solution that includes 5 layers of protection against shrinkage - on cart scanner, AI cameras, smart security scale, RFID capabilities and a software monitoring layer to detect abnormalities in customer behavior, providing a ‘bulletproof' solution. Data received from the use of Cust2Mate Smart Carts around the world indicates no evidence of any theft while using Cust2Mate Smart Carts.

*Yahoo Finance Shrinkage Reference Article: https://bit.ly/azshrink
Sales Strategy

Our go-to-market and sales strategies are well-defined and are being bolstered through enhancements to the sales team, including the introduction of inside sales, investments in sales infrastructure, and initiatives in sales enablement and marketing.

The company is continuing the strategy of selling through local tier-one integrators and retail technology providers who have well-established relationships with leading chains.

North America

Following our first US customer order from Morton Williams in New York, we have established Cust2Mate USA Inc. The new North American dedicated leadership team has been established and is operational. The team of senior leaders has a proven track record in sales and in providing technology to retail/grocery chains.

Announcement of North American Leadership Team: https://bit.ly/aznorthamerica
Press Release announcing Morton Williams Purchase Order: https://bit.ly/3qpBC0s
IR2S Partnership:

Cust2Mate has partnered with IR2S, a leading integrator and retail technology provider to large retailers, to deliver 30,000 carts. The Company is in the final stages of integration and expects to deliver the first tranche of carts to major retailer Monoprix this year.

Original Press Announcement of Partnership: https://bit.ly/3qpBC0s
Carrefour:

The Company has completed a very successful pilot phase with CARREFOUR, the number 7 global grocery retailer by revenue*, in which all pre-defined KPIs were met and even exceeded overall expectations.

The Company is progressing to the first stage of the roll out and plans to start the delivery to Carrefour of its new generation detachable smart cart, specially designed for Carrefour in the near future.

Original Announcement of Carrefour Progressing to Rollout Phase: https://bit.ly/3JuvwTd
*Source: https://www.businessinsider.com/walmart-costco-7-eleven-kroger-lidl-biggest-grocery-chains-world-2019-9#7-carrefour-4
Additional Sales:

Following major milestones in growth and client successes, we're seeing robust business momentum and a surge in interest from global grocery retail chains. We are actively pursuing exciting new opportunities in both the U.S. and Europe, as well as other regions worldwide.

Business Model:

The company maintains its unique business approach, retaining ownership of the carts. These carts, along with the integrated software, are made available to clients on a subscription model, with the software being provided on a SaaS (Software as a Service) basis.
Beyond the base subscription, clients have the option for additional premium features. These enhancements encompass big data integration, machine learning insights, advanced analytics, data consumption metrics, etc.
There is a revenue-sharing component associated with value-added features like retail media. (Additional details on retail media are provided below.)
To cover manufacturing expenses, the company plans to secure funding from commercial banks. Negotiations are underway with these financial institutions to provide asset-based financing specifically for the carts.
Data/Retail Media:

A2Z has successfully initiated the monetization of the very valuable data collected through our smart carts, in addition to tapping into the potential of retail media displays on the carts. Company anticipates data and retail media sourced revenues to start in Q4.
By capitalizing on the insights gleaned from customer behavior and preferences, as well as offering targeted advertising and promotional opportunities through the interactive cart displays, we are creating a win-win scenario for the company, retailers and advertisers. This strategic move exemplifies our commitment to maximizing the value of our technology solutions for all stakeholders.
Reference: https://www.Cust2Mate.com/retail-media/
Sustainability, Food Security, ESG:

A2Z Cust2Mate remains committed to its sustainability targets, our multifaceted approach include contributions to global food security and climate change reduction. Our smart carts feature advanced capabilities like dynamic pricing that adjusts based on factors such as product expiry dates, energy efficiency, local sourcing of produce, etc. This accelerates the sale of items nearing their shelf life, reducing food waste and optimizing supply chain and inventory turnover. Smart Carts create a more sustainable, efficient, and socially responsible retail environment.

Recent Press Release on Cust2Mate Sustainability Capabilities: https://bit.ly/azsustainability
Vision:

Company's vision is to become the global leading provider of smart carts and associated technology solutions, providing a data-driven superior customer experience and cutting-edge platform for digital value-added services, resolving the pain points for all stakeholders in the retail industry.

Software Platform:

At A2Z Cust2Mate, innovation remains our cornerstone. Our software platform is continually evolving, reflecting this commitment.

R&D Expansion: Our Research and Development team is at the helm of our growth. We're focusing on enhancing both our team's capabilities and our software products to ensure cutting-edge solutions.
Agile Implementation: Recognizing the need for agility in today's dynamic retail environment, we've fully integrated the Agile methodology. This ensures swift adaptability, more frequent updates, and an emphasis on customer feedback.
Enhanced Security with CISO: To underline our commitment to safeguarding our platform and our clients' data, we have brought a Chief Information Security Officer (CISO) on board. Their primary role is to reinforce security measures and ensure robust cybersecurity protocols, safeguarding both our software and the sensitive information it holds.
Updated Solution Architecture: Our ongoing initiatives aim to modernize our solution architecture, ensuring it's scalable, efficient, and current.
Fortifying the Development Team: The strength of our platform lies in our developers. We continue to expand our development team and we are providing them with advanced tools and training, positioning them - and us - for continued success.
For more information on A2Z Subsidiary Cust2Mate please visit www.Cust2Mate.com

For more information on investing in A2Z (NASDAQ:AZ) ($AZ) visit www.a2zas.com

For Investor Relations and media inquiries, please contact:

John Gildea,

SVP of Corp Coms and Investor Relations

[e-mail]

About A2Z Cust2Mate

A2Z Smart Technologies Corp. creates innovative solutions for complex challenges. A2Z's flagship product, Cust2Mate, is an advanced proven-in-use mobile self-checkout shopping cart. 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.

A2Z Smart Technologies Corp., Friday, August 25, 2023, Press release picture

*1 A2Z Cust2Mate Expands to Serve Demand in U.S. Retail Market with New Leadership Team: READ MORE

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "anticipates," "believes," "intends," "plans," "may," "will," "should," "could," "outlook" and other similar words. All statements addressing operating performance, events or developments that A2Z Cust2Mate expects or anticipates will occur in the future, including but not limited to statements relating to the company's anticipated growth strategies, technological developments, market position, financial performance, and potential for future success, are forward-looking statements.

The forward-looking statements in this press release are based upon various assumptions, including, without limitation, management's examination of historical operating trends, data contained in the company's records and data available from third parties. Although A2Z Cust2Mate believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond the company's control, A2Z Cust2Mate cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological, and/or regulatory factors. More detailed information about these factors is included in the Company's filings with the Securities and Exchange Commission and Canadian securities regulatory authorities. The Company disclaims any obligation to update forward-looking statements except as required by law.

SOURCE: A2Z Smart Technologies Corp.

Topic: Company Update
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[Bayguy]

From Investors Observer: "A2Z Smart Technologies Corp (AZ) stock is trading at $2.35, a gain of $0.32, or 15.76%, on average volume. A2Z Smart Technologies Corp gets a Sentiment Score of Very Bullish from InvestorsObserver and receives an average analyst recommendation of Strong Buy with a price target of $18.00. A2Z Smart Technologies Corp next reports earnings on August 21."

[imanjen13]

Time to break out the chart. Golden cross formed on June 26. Resistance at .04 has been breached. Next resistance level at .046 last reached in August 2022.

[SkyTrader7]

Monster Volume today . 1.4 m traded shares right now

[Bayguy]

A2Z Smart Technologies Launches Next Generation V2.8 Light Smart Cart
9:12 am ET January 17, 2023 (Accesswire) Print

TEL AVIV, ISRAEL / ACCESSWIRE / January 17, 2023 / A2Z Smart Technologies Corp. (NASDAQ:AZ)(TSXV:AZ), today announced that it has developed and launched a new Smart Cart model which will extend and complement the Company's current offerings.

The new Version 2.8 has been developed after consultation with major retailers around the world, predominately in the European and Asian markets.

"Given our significant discussions with retailers around the world, it was pointed out that while our initial Smart Cart was perfect for the larger stores, a smaller version would be very suitable for some of the smaller sized stores. As most of the major retailers have stores of varying scale, we took their input on board and are delighted to launch the new V2.8 which is lighter and opens up a much bigger market for our smart cart offerings", said Rafi Yam, Chief Executive Officer of Cust2Mate

The new V2.8 is a lighter model and comes in 180 litre and 75 litre sizes. This allows our product offering to now be used in stores of all sizes from hypermarket right down to convenience stores, and in a variety of retail fields from groceries and supermarkets to drugstores and duty free shops.

The new versions carry the same touch screens and all the security features as their big brother.

This brings the suite of smart carts on offer now to four, ranging from 270 litre down to 75 litre carts which make it the most comprehensive offering in the market.

[SkyTrader7]

Slowly climbing

[Bayguy]

A2Z Smart Technologies Announces That It Will Display Its Smart Cart Line of Products at the NRF 2023 Big Retail Show In NYC
9:36 am ET January 12, 2023 (Accesswire) Print

TEL AVIV, ISRAEL / ACCESSWIRE / January 12, 2023 / A2Z Smart Technologies Corp. (NASDAQ:AZ)(TSXV:AZ), today announced that it will participate at the NRF 2023 Big Retail Show in New York from January 14th to 17th.

The event will be held at the Javits Centre and Cust2mate will display its line of smart cart products at booth number 62570 located on the floor of the event where we will show you all latest exciting developments.

Added to this, the company will have the benefit of being able to do live demonstrations in Morton Williams West End Store where customers can use the smart carts by themselves.

Cust2Mate is an advanced proven-in-use mobile self-checkout (SCO) smart cart for retail markets. 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.

Headquartered in Tel Aviv, Israel, Cust2Mate Ltd. is owned by A2Z Advanced Solutions, a high-tech company that specializes in developing technological products and providing services for police, military, and civilian use.

Contact Information:

Hanover International Inc.

Jim Hock

[e-mail]

(1) 760 564 7400

[Bayguy]

I noticed that too. This could be the turnaround

[SkyTrader7]

AZ slowly climbing up again. News coming ?

[SkyTrader7]

Looks like bottom now

[SkyTrader7]

News on horizon ?

[SkyTrader7]

Closing green 1.30