09:16 AM EST - INEO Tech Corp. : Provided the following update on its recent progress with retailers across the globe. INEO continues to make significant progress by executing on its direct sales pipeline. The Company has expanded its footprint with a major retail client and is starting the next phase of its roll-out by deploying the INEO Welcoming System into large groups of stores in concentrated geographic regions. Combined with another retailer, which is just starting to deploy, INEO Welcoming Systems will be installed in over 30 locations within the next few weeks. The Company is well positioned to deploy more than 1,000 retail locations in the United States under the terms of its signed agreements. Further to the Company's announcement on May 30, 2022 , INEO's agreement with a Canadian retailer consisting of approximately 500 locations has resulted in the successful pilot installation at one store in the greater Vancouver area and the Company has commitments to install systems in additional stores in the coming weeks. INEO remains on track to roll-out all of the committed locations with INEO Welcoming Systems this year. INEO Tech Corp.
shares V.INEO are trading off 1 cent at $0.16.
