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A2Z Smart Technologies Corp. ("A2Z") ("Company"), (NASDAQ:AZ)(TSXV:AZ)($AZ), a global leader in innovative technology solutions, announced today a definitive agreement with IR2S, a distinguished integrator of advanced retail technologies in France. This landmark agreement intends to deploy 30,000 smart carts between 2023 and 2026 across renowned retail chains in France.
IR2S will manage the integration, installation, support, and maintenance of Cust2Mate's smart carts at leading prestigious retail chains in France which it already provides integration and other services to, including Monoprix, and the Casino Group, with thousands of stores across the country.
First delivery of Cust2Mate's smart carts is expected to be within 45 days to Monoprix's Monop Malakoff store near the Champs-Elysées in Paris.
Cust2Mate's innovative smart shopping carts are equipped with advanced features to enhance convenience and security, including AI technology and Radio Frequency Identification (RFID) capabilities. They are poised to redefine the shopping experience and results by boosting customer satisfaction, increasing basket size, reducing shrinkage, monetizing retail media and streamlining shopper checkout.
"The Cust2Mate team is eager to join forces with IR2S and these prestigious retailers and introduce our state-of-the-art smart cart solution to the French market," said Guy Mordoch, CEO of Cust2Mate. "By combining Cust2Mate's technology with IR2S's integration capabilities and reach in the market, we are poised to elevate the shopping journey for customers through convenience and personalization while driving operational excellence and revenue increase for retailers across France."
"Cust2Mate's innovative technology offers a breakthrough in shopping convenience while boosting loyalty and business results," said Marc Dahan, CEO of IR2S. "We are pleased to help Cust2Mate roll their smart carts out across France, starting with Monop, near Champs-Elysées, the paradigm of fine, enjoyable shopping."
This definitive agreement marks another significant milestone in Cust2Mate's journey, transitioning from the R&D stage to a phase of global growth and scalability, which has transformed the company into a global software platform and digital services provider. The smart carts have proven their efficacy, impact, security and reliability through successful deployments with leading retailers around the world.q
Posted In: AZ
