#AI News: VSBLTY (CSE: $VSBY.C)
(OTC: $VSBGF) Partners with Synect to Leverage #MachineLearning and Computer
Vision to Provide Real Time Analytics for Airports; @vsbltyco
Philadelphia,
PA - July 8, 2020 (Investorideas.com Newswire) VSBLTY Groupe Technologies Corp.
(CSE:
VSBY)
(Frankfurt:
5VS)
(OTC:
VSBGF)
("VSBLTY"), a leading provider of security and retail marketing
technology, announced today the signing of an agreement with Synect, a digital
strategy and content creation agency that enables video displays of unlimited
size and scale in airports throughout the country.
Read this news
featuring VSBLTY in full at https://www.investorideas.com/CO/VSBY/news/2020/07081Partner-Synect.asp
The
announcement was made by VSBLTY Co-founder and CEO Jay Hutton, who said the
contract is valued at up to $1,360,000 USD over the next three years. That
projection is based on Synect's current book of business and does not include
additional clients that Synect may add in the future. "We are delighted to
partner with Synect that has earned an outstanding reputation for its content
and creative capabilities and that has mastered the art and science of airport
communications," Hutton said.
The
Synect digital signage program is called "ReadySeeGo™." ReadySeeGo is
a turnkey digital signage solution that combines visual communications content,
hardware and software in a streamlined mobile display that is plug-and-play
using a standard power outlet. VSBLTY DataCaptor™ is expected to be added to
approximately 2,200 airport ReadySeeGo units. DataCaptor leverages camera and
sensor technology with artificial intelligence (machine learning and computer
vision) to provide real-time analytics. These real-time analytics will allow
the ReadySeeGo units to display responsive, relevant content to passengers as
they navigate the airport environment.
"The
collaboration between VSBLTY and Synect is exciting and offers our clients new
AI-powered innovation and insight," Synect founder and CEO Yahav Ran said.
"With VSBLITY DataCaptor, ReadySeeGo can deliver impactful, responsive
content based on user behavior, demographics and more. This allows for
experiences that are even more engaging and provides new ways for our clients
to take visual communications to the next level," Ran said.
Investor Relations
CONTACT: Linda Rosanio
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.
Synect
creates next-generation content and systems for video walls and digital
signage. Equal parts creative studio and solution provider, Synect is a driving
force behind visual communications innovation at airports, retail stores and
other complex facilities. Synect's key capabilities are the creation of engaging
cinematic-quality content and the development of powerful, scalable visual
communication ecosystems. These two elements work together to enhance
on-premise customer experience and operations. Synect is headquartered in
Redmond, Wash., and has an office in Orlando, Fla.
CONTACT:
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.
VSBLTY
Groupe Technologies Corp. (CSE: VSBY) is a featured Tech / AI stock on
Investorideas.com
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