#AI
News: VSBLTY (CSE: $VSBY.C) (OTC: $VSBGF) and Onyx-Cognivas to Deploy Digital
Media Solutions in South African Convenience Store Chain; @vsbltyco
Amplifying
the announcement, Coudounaris said, "This marks an important milestone in
how the retailer of the future is adopting, not only digital activation for
enhanced customer engagement, but also the utilization of computer vision to
provide validation and verification for media partners."
Read this news
featuring VSBY in full at https://www.investorideas.com/CO/VSBY/news/2020/08101Onyx-Cognivas-South-African-Convenience-Store-Chain.asp
Hutton
added, "This agreement spans five years with our VisionCaptor™ and
DataCaptor™ software being installed, starting in October, in more than 300
retail locations, each having three digital interactive placements as well as
computer vision analytics. Progressive retailers are increasingly recognizing
the value of monetizing their stores in a model where brands can purchase space
as media. Interactive ad messages are now reaching, influencing and measuring
consumers right at the point of sale where we are seeing major increases in
conversion and ROI on these programs."
VSBLTY
technology provides enhanced customer engagement and audience measurement
including store traffic and customer demographics. Its industry-leading
VisionCaptor™ and DataCaptor™ software combine motion graphics and interactive
brand messaging with cutting-edge computer vision measurement and insights.
VSBLTY’s AI-driven software, Vector™, provides advanced facial recognition that
is crucial to enhancing today’s security requirements for recognizing weapons
or persons of interest, in retail, that present a potential threat.
Investor Relations
MarketSmart
Communications Inc.
+1-877-261-4466
info@marketsmart.ca
CHF
Capital Markets
Cathy Hume, CEO
+1-416-868-1079, x231
cathy@chfir.com
CONTACT:
Linda
Rosanio 609-472-0877
lrosanio@vsblty.net
About VSBLTY (www.vsblty.net)
Headquartered
in Philadelphia, VSBLTY (CSE: VSBY) (Frankfurt:5VS)
(OTC: VSBGF) ("VSBLTY") is the world leader in Proactive Digital
Display™, which transforms retail and public spaces as well as place-based
media networks with SaaS-based audience measurement and security software that
uses artificial intelligence and machine learning.
About Onyx-Cognivas Pty. (www.cognivas.com & www.onyx-glass.com)
Headquartered
in Johannesburg, Onyx-Cognivas deploys its software across South Africa and in
Australia. The company has unique patents on transparent digital signage that
offer 100% transparency on demand, coupled with video analytics. Onyx-Cognivas
also utilizes raw data collected from video analytics, including facial detection/recognition
and object recognition, that builds deep learning intelligence solutions in
conjunction with other data sets.
CONTACT:
Andrew
Coudounaris
andrewc@onyxmediatech.com
LINDA
ROSANIO
VSBLTY, INC
609-472-0877
LROSANIO@VSBLTY.NET
FORWARD-LOOKING
INFORMATION
This
news release contains forward-looking statements, including statements
regarding anticipated revenue to VSBLTY from its agreement with Synect, and other
statements that are not historical facts. All statements other than statements
of historical fact included in this release are forward-looking statements that
involve risks and uncertainties. There can be no assurance that such statements
will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements.
The
reader is cautioned that assumptions used in the preparation of any
forward-looking information may prove to be incorrect. Events or circumstances
may cause actual results to differ materially from those predicted, as a result
of numerous known and unknown risks, uncertainties, and other factors, many of
which are beyond the control of the Company, and which are described in the
Company's Annual Information Form and other public filings available under its
profile at www.sedar.com. The reader is cautioned not to place undue reliance
on any forward-looking information. Such information, although considered
reasonable by management at the time of preparation, may prove to be incorrect
and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are expressly
qualified by this cautionary statement. The forward-looking statements contained
in this news release are made as of the date of this news release and the
Company does not intend to update any of the included forward-looking
statements except as required by Canadian securities laws.
FINANCIAL OUTLOOK
INFORMATION
This
news release contains "financial outlook information" regarding
future revenue expectations, which is subject to the same assumptions, risk
factors, limitations, and qualifications as set forth in the above. Revenue and
other estimates contained in this news release were made by VSBLTY management
as of the date of this news release and are provided for the purpose of
informing readers of the anticipated size of VSBLTY's agreement with Synect,
and are not an estimate of profitability or any other measure of financial
performance. Investors are cautioned that the financial outlook information
contained in this news release should not be used for purposes other than for
which it is disclosed herein.
LINDA
ROSANIO
VSBLTY, INC
609-472-0877
LROSANIO@VSBLTY.NET
VSBLTY
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