INEO Tech Corp. (INEOF)

[GringoLocoNY]

INEO’s partnership with Prosegur is a significant validation of the company’s technology and could potentially position them for substantial growth in the future.
Under the terms of the deal, Prosegur is granted distribution rights to sell, secure, place, and install the patented INEO Welcoming System under their own brand, “Prosegur EVO”.
Prosegur will be responsible for the funding, manufacturing, distribution, in-store setup and in-store maintenance of the systems.
INEO will be responsible for online provisioning, operating, and managing of the INEO Media Network which powers the screens inside of EVO.
INEO will also provide AI (artificial intelligence) powered, location-based analytics to Prosegur and its retail clients which can provide store traffic count as well as certain demographic info, such as gender, age, and even customer satisfaction rating.