Latest news with #AMOD
Globe and Mail
17-03-2025
- Business
- Globe and Mail
Royalty Settlement in Patent Infringement Suit with New Strategic Partnership Formation for AI Marketing Tech Company: Alpha Modus, Corp. (Nasdaq: AMOD)
$AMOD Reports Major Deployment of High Tech Financial Kiosks Targeting $75 Million Annual Revenue, Plus Ongoing Patent Infringement Actions vs. Walgreens and Other Top Retailers Marketing Technology Company with a Core Focus on Artificial Intelligence (AI) in The Broad Retail Business Sector. Strong Fundamentals, Ongoing Growth Strategy and Commitment to Delivering Value to AMOD shareholders Large-Scale Deployment of AI Powered Financial Kiosks Across Vast Network of Supermarkets Targeting $75 Million in Annual Ad Revenue. New Agreement with GlobeTopper to Boost Revenue Growth in Prepaid and Digital Transactions. High Value Legal Settlement with Shelf Nine and Strategic Partnership Plans Including Perpetual License for AMOD Patented Innovations. Ongoing Patent Infringement Actions vs. Walgreens and Other Top Retailers. Retail Expansion Targeting $75 Million in Annual Ad Revenue. Alpha Modus Corp. (Nasdaq: AMOD) is a technology company with a core focus on artificial intelligence (AI) in retail business. Alpha Moduscovers a variety of inventory management and advertising features, including the presentation and display of relevant and targeted advertising that is based on customer shopping habits, foot traffic, or other criteria. The Company engages in creating, developing and licensing data-driven technologies to enhance consumers' in-store digital experience at the point of decision. Landmark Settlement with Open Door for a Game-Changing Partnership On March 17th AMOD announced a groundbreaking settlement in its patent infringement lawsuit against Wakefern and Shelf Nine. As part of this resolution, AMOD and Shelf Nine have reached a settlement agreement, while Shelf Nine's parent company, VSBLTY Groupe Technologies Corp. will negotiate a strategic partnership for the deployment of AMOD cutting-edge technology which would include a perpetual license for AMOD patented innovations. The lawsuit—one of several filed by AMOD against major retailers and digital signage networks, including Walgreens, Kroger, Wakefern, Shelf Nine, and Brookshire Grocery—centered on proprietary technology designed to enhance digital engagement and data-driven retail solutions. This agreement not only validates AMOD intellectual property rights but also establishes a long-term opportunity to integrate AMOD technology with VSBLTY's proprietary and robust data analytics software once VSBLTY Groupe Technologies and AMOD finalize their strategic partnership agreement. Through the proposed partnership agreement, Shelf Nine's parent company VSBLTY Groupe Technologies will leverage AMOD proprietary solutions to enhance its retail media network, providing advertisers and retailers with state-of-the-art tools to optimize in-store customer engagement. This settlement and future strategic alliance reinforce both companies' market position while opening new avenues for growth and technology deployment. Furthermore, AMOD believes that numerous companies are currently infringing on its patent portfolio. This settlement strengthens the company's ability to pursue further enforcement actions and ensures that its innovative technologies are recognized and respected throughout the industry. AMOD remains steadfast in protecting its intellectual property and will take decisive action, if necessary, to uphold its rights. AMOD believes the investment community will closely monitor the implications of this agreement, as it not only fortifies the AMOD intellectual property portfolio but also demonstrates its ability to drive sustained value through both innovation and strategic partnerships—while underscoring its commitment to enforcing its IP rights when required. AI-Powered Retail Expansion Targeting $75 Million in Annual Ad Revenue On February 13th AMOD forecasted substantial growth as its partner, CashX, and began the large-scale deployment of its financial kiosks across a vast network of supermarkets beginning in California and Colorado. With a contracted deployment expected in approximately 10,000 locations, this initiative represents a transformational moment for AMOD and its investors. "We see our AI technology revolutionizing the self-service financial kiosk industry, creating an entirely new revenue stream while providing critical services to millions of consumers," said AMOD CEO William Alessi. "With projected advertising revenue alone reaching $75 million annually, we plan on delivering scalable, high-margin revenue growth for our investors during the deployment period. This deployment is intended to solidify our market leadership and position Alpha Modus as the backbone of AI-driven financial automation in retail." Each AMOD AI-powered CashX kiosk is expected to serve 1,250 unique visitors per month, reaching 150 million unique visits per year in the aggregate once all of the kiosks are fully deployed. This high engagement is projected to generate $75 million in annual ad revenue for Alpha Modus, significantly boosting Alpha Modus's financial outlook. Strategic Reseller Agreement with GlobeTopper (Symbol: ASII), Expanding Revenue Opportunities in Prepaid and Digital Transactions On February 10th AMOD announced a strategic reseller agreement with GlobeTopper (OTC: ASII), a premier platform for prepaid products and digital transaction solutions. This partnership should strengthen both the AMOD and ASII market positions and create new revenue streams through an innovative revenue-sharing model. For more information on ASII GlobeTopper visit Under this agreement, AMOD gains the exclusive right to resell GlobeTopper's suite of digital transaction solutions—including prepaid cards, event tickets, cryptocurrency services, and remittance products—to a targeted network of retailers where CashX AI-powered kiosks are deployed. The integration of ASII CashX AI into AMOD technology ecosystem enhances the accessibility and automation of digital financial transactions, further differentiating the Company in the evolving retail technology landscape. Alpha Modus CEO Addresses Market Volatility and Recent SPAC Merger On January 30th Alpha Modus CEO William Alessi, issued a statement regarding company's strong fundamentals, ongoing growth strategy and commitment to delivering value to AMOD shareholders amidst what he described as "uninformed speculation" by certain market participants. "The recent sell side activity targeting AMOD stock appears to be driven by misconceptions and a lack of understanding about our business and long-term strategy coupled with the 'de-SPAC norm,'' said Alessi. "This trend is emblematic of broader market dynamics in the SPAC environment, where some investors prioritize short-term speculation over informed, long-term investment. In recent years, it's been the norm to compete for the exit door as so many of these SPAC transactions had finance structures surrounding the de-SPAC that encouraged selling. Unlike most SPAC transactions in recent years, we worked diligently to secure prudent closing terms in our merger. We did not allow the issuance of commitment shares or warrants at a zero-cost basis that would otherwise incentivize selling. We did just the opposite. We painfully renegotiated existing sponsor side fees and reduced share issuances to the extent we could.' AMOD successfully transitioned from its SPAC merger to a publicly traded entity, a process that has unlocked new opportunities for growth and innovation. Despite these achievements, the CEO pointed out that management believes certain market players have underestimated the company's robust operational model, IP catalogue and significant pipeline of strategic initiatives. For more information on $AMOD visit: Disclosure listed on the CorporateAds website Media Contact Company Name: Alpha Modus Corp. Contact Person: Investor Relations Email: Send Email Phone: (704) 252-5050 Address: 20311 Chartwell Center Dr Suite 1469 City: Cornelius State: North Carolina Country: United States Website:
Globe and Mail
14-02-2025
- Business
- Globe and Mail
Alpha Modus, Corp. (Nasdaq: AMOD) Set to Revolutionize Retail with AI-Driven Financial Kiosks and Legal Action Against Major Retailers
Investor-Focused Expansion with Projected $75 Million Annual Revenue from AI-Powered Kiosks Alpha Modus, Corp. (Nasdaq: AMOD), an emerging leader in artificial intelligence (AI)-driven retail technology, is poised for substantial growth with a groundbreaking deployment of its AI-powered financial kiosks. Partnering with CashX, the company is targeting $75 million in annual advertising revenue, as it scales its technology across supermarkets nationwide. Alpha Modus is uniquely positioned to tap into the massive untapped potential of self-service kiosks, providing financial services while simultaneously leveraging in-store advertising opportunities at the point of decision. The deployment, set to roll out across 10,000 supermarket locations in California and Colorado, marks a pivotal moment for AMOD and its investors. Each kiosk is projected to engage 1,250 unique visitors per month, delivering a total of 150 million visits annually once fully deployed. With advertising revenue from these high-traffic kiosks expected to reach $75 million annually, AMOD is on track to dramatically enhance its financial position, creating new avenues for revenue growth and shareholder value. Strategic Partnership with GlobeTopper Expands Digital Financial Solutions In a move to diversify its revenue streams, Alpha Modus has announced a strategic reseller agreement with GlobeTopper (OTC: ASII), a prominent platform for digital prepaid and transaction solutions. This partnership opens the door to new revenue opportunities through prepaid cards, event tickets, cryptocurrency services, and remittance products, all integrated into AMOD's existing network of AI-powered kiosks. The exclusive rights to resell GlobeTopper's digital transaction solutions across its kiosk network further solidifies AMOD's position in the fast-evolving digital finance sector. The combined force of AMOD's AI kiosk technology with GlobeTopper's digital solutions will enhance the consumer experience while offering automated, scalable financial services in retail settings. Legal Victory and Patent Infringement Lawsuits Against Major Retailers Alpha Modus is making waves in the legal arena, underscoring its leadership in AI-driven retail innovation with a patent infringement lawsuit against Walgreens. The lawsuit, filed in the U.S. District Court for the Eastern District of Texas, accuses Walgreens of willfully infringing on AMOD's patented technology used for data-driven, interactive advertising and in-store consumer engagement. AMOD 's intellectual property portfolio is a critical asset, and the company's strong stance on patent protection further strengthens its market leadership. CEO William Alessi emphasized the importance of defending AMOD's innovations: 'Our research indicates that damages resulting from infringement by major retailers, like Walgreens, could exceed $500 million and may reach into the billions over the lifespan of our patents.' This legal action follows previous cases against top retailers, including Kroger, Cooler Screens, and Wakefern Food Corporation, among others. With the first trial scheduled for November 2025, AMOD's firm commitment to protecting its intellectual property ensures that the company can maintain its competitive edge and solidify its market dominance. CEO's Bold Vision for Long-Term Growth Amid Market Volatility Despite recent volatility and speculation surrounding the company's stock price, Alpha Modus CEO William Alessi remains focused on the company's strong fundamentals and long-term growth strategy. In a statement released on January 30th, Alessi addressed misconceptions and market noise, reinforcing AMOD's solid operational model and strategic vision. 'We've executed a prudent SPAC merger, reducing unnecessary share issuance and renegotiating fees to minimize dilution. While speculative selling may create short-term fluctuations, it doesn't reflect the reality of our business or the opportunities ahead,' Alessi asserted. With an unmatched AI-driven technology platform and an expansive pipeline of strategic initiatives, AMOD is positioned to continue its upward trajectory, delivering significant value to shareholders. The Path Forward: Alpha Modus Remains Poised for Success With its disruptive AI-powered kiosks, growing revenue streams from prepaid and digital transactions, and an unwavering commitment to defending its intellectual property, Alpha Modus is primed to be a key player in the retail technology space. The company's strategic initiatives, combined with its dedication to maximizing shareholder value, place it in an enviable position for long-term growth and market leadership. Investors should keep an eye on NASDAQ: AMOD as it continues to redefine the intersection of AI, retail, and financial services, positioning itself for a future of sustained profitability and innovation. For more information on Alpha Modus and its cutting-edge AI-driven solutions, visit This article aims to highlight the key milestones and exciting developments surrounding Alpha Modus, Corp. (Nasdaq: AMOD), providing potential investors with insight into the company's impressive growth prospects, legal protection of its valuable intellectual property, and ongoing expansion efforts in the retail technology space. DISCLAIMER: Disclosure listed on the CorporateAds website Alpha Modus, Corp. (Nasdaq: AMOD), an emerging leader in artificial intelligence (AI)-driven retail technology, is poised for substantial growth with a groundbreaking deployment of its AI-powered financial kiosks. Partnering with CashX, the company is targeting $75 million in annual advertising revenue, as it scales its technology across supermarkets nationwide. Alpha Modus is uniquely positioned to tap into the massive untapped potential of self-service kiosks, providing financial services while simultaneously leveraging in-store advertising opportunities at the point of decision. The deployment, set to roll out across 10,000 supermarket locations in California and Colorado, marks a pivotal moment for AMOD and its investors. Each kiosk is projected to engage 1,250 unique visitors per month, delivering a total of 150 million visits annually once fully deployed. With advertising revenue from these high-traffic kiosks expected to reach $75 million annually, AMOD is on track to dramatically enhance its financial position, creating new avenues for revenue growth and shareholder value. Strategic Partnership with GlobeTopper Expands Digital Financial Solutions In a move to diversify its revenue streams, Alpha Modus has announced a strategic reseller agreement with GlobeTopper (OTC: ASII), a prominent platform for digital prepaid and transaction solutions. This partnership opens the door to new revenue opportunities through prepaid cards, event tickets, cryptocurrency services, and remittance products, all integrated into AMOD's existing network of AI-powered kiosks. The exclusive rights to resell GlobeTopper's digital transaction solutions across its kiosk network further solidifies AMOD's position in the fast-evolving digital finance sector. The combined force of AMOD's AI kiosk technology with GlobeTopper's digital solutions will enhance the consumer experience while offering automated, scalable financial services in retail settings. Legal Victory and Patent Infringement Lawsuits Against Major Retailers Alpha Modus is making waves in the legal arena, underscoring its leadership in AI-driven retail innovation with a patent infringement lawsuit against Walgreens. The lawsuit, filed in the U.S. District Court for the Eastern District of Texas, accuses Walgreens of willfully infringing on AMOD's patented technology used for data-driven, interactive advertising and in-store consumer engagement. AMOD 's intellectual property portfolio is a critical asset, and the company's strong stance on patent protection further strengthens its market leadership. CEO William Alessi emphasized the importance of defending AMOD's innovations: 'Our research indicates that damages resulting from infringement by major retailers, like Walgreens, could exceed $500 million and may reach into the billions over the lifespan of our patents.' This legal action follows previous cases against top retailers, including Kroger, Cooler Screens, and Wakefern Food Corporation, among others. With the first trial scheduled for November 2025, AMOD's firm commitment to protecting its intellectual property ensures that the company can maintain its competitive edge and solidify its market dominance. CEO's Bold Vision for Long-Term Growth Amid Market Volatility Despite recent volatility and speculation surrounding the company's stock price, Alpha Modus CEO William Alessi remains focused on the company's strong fundamentals and long-term growth strategy. In a statement released on January 30th, Alessi addressed misconceptions and market noise, reinforcing AMOD's solid operational model and strategic vision. 'We've executed a prudent SPAC merger, reducing unnecessary share issuance and renegotiating fees to minimize dilution. While speculative selling may create short-term fluctuations, it doesn't reflect the reality of our business or the opportunities ahead,' Alessi asserted. With an unmatched AI-driven technology platform and an expansive pipeline of strategic initiatives, AMOD is positioned to continue its upward trajectory, delivering significant value to shareholders. The Path Forward: Alpha Modus Remains Poised for Success With its disruptive AI-powered kiosks, growing revenue streams from prepaid and digital transactions, and an unwavering commitment to defending its intellectual property, Alpha Modus is primed to be a key player in the retail technology space. The company's strategic initiatives, combined with its dedication to maximizing shareholder value, place it in an enviable position for long-term growth and market leadership. Investors should keep an eye on NASDAQ: AMOD as it continues to redefine the intersection of AI, retail, and financial services, positioning itself for a future of sustained profitability and innovation. For more information on Alpha Modus and its cutting-edge AI-driven solutions, visit This article aims to highlight the key milestones and exciting developments surrounding Alpha Modus, Corp. (Nasdaq: AMOD), providing potential investors with insight into the company's impressive growth prospects, legal protection of its valuable intellectual property, and ongoing expansion efforts in the retail technology space. DISCLAIMER: Disclosure listed on the CorporateAds website Media Contact Company Name: Alpha Modus Corp. Contact Person: Investor Relations Email: Send Email Phone: (704) 252-5050 Address: 20311 Chartwell Center Dr Suite 1469 City: Cornelius State: North Carolina Country: United States Website:
Associated Press
11-02-2025
- Business
- Associated Press
Strategic Reseller Agreement Signed with GlobeTopper (Symbol: ASII), Expanding Revenue Opportunities in Prepaid and Digital Transactions for AI Optimized Marketing Tech Company: Alpha Modus, Corp. AMOD
Marketing Technology Company with a Core Focus on Artificial Intelligence (AI) in The Broad Retail Business Sector. Strong Fundamentals, Ongoing Growth Strategy, and Commitment to Delivering Value to AMOD shareholders New Agreement with GlobeTopper to Boost Revenue Growth in Prepaid and Digital Transactions. Seasoned New Chief Revenue Officer Appointed to Drive Growth and Maximize Shareholder Value. 9th AI Patent Issued, Strengthening Leadership in Retail Innovation. Patent Infringement Lawsuit Filed Against Wakefern Food Corporation and Shelf Nine LLC Operating 365 Supermarkets Under ShopRite, Price Rite, and More. Infringed Patents Encompass Retail Marketing and Advertising Data-Driven Technologies to Enhance Consumer In-Store Experience at Point of Decision. Alpha Modus Corp. (Nasdaq: AMOD) is a technology company with a core focus on artificial intelligence (AI) in retail business. Alpha Modus covers a variety of inventory management and advertising features, including the presentation and display of relevant and targeted advertising that is based on customer shopping habits, foot traffic, or other criteria. The Company engages in creating, developing and licensing data-driven technologies to enhance consumers' in-store digital experience at the point of decision. Strategic Reseller Agreement with GlobeTopper (Symbol: ASII), Expanding Revenue Opportunities in Prepaid and Digital Transactions On February 10th AMOD announced a strategic reseller agreement with GlobeTopper (OTC: ASII), a premier platform for prepaid products and digital transaction solutions. This partnership should strengthen both the AMOD and ASII market positions and create new revenue streams through an innovative revenue-sharing more information on ASIIGlobeTopper visit Under this agreement, AMOD gains the exclusive right to resell GlobeTopper's suite of digital transaction solutions—including prepaid cards, event tickets, cryptocurrency services, and remittance products—to a targeted network of retailers where CashX AI-powered kiosks are deployed. The integration of ASII CashX AI into AMOD technology ecosystem enhances the accessibility and automation of digital financial transactions, further differentiating the Company in the evolving retail technology landscape. AMOD previously partnered with CashX AI, an intelligent automation platform that enhances self-service financial kiosks, enabling users to conduct seamless transactions such as prepaid top-ups, crypto purchases, remittances, and more. This AI-powered infrastructure ensures efficiency, reduces fraud risk, and personalizes financial services for consumers. By combining ASII CashX and GlobeTopper's ability to offer cutting-edge financial solutions, this collaboration with AMOD is expected to drive higher transaction volumes, improved revenue predictability, and stronger operational efficiencies. Investors can anticipate a scalable, AI-enhanced revenue model that integrates real-time consumer insights with digital financial services, positioning Alpha Modus as a leader in technology and retail automation space. Alpha Modus CEO Addresses Market Volatility and Recent SPAC Merger On January 30thAlpha Modus CEO William Alessi, issued a statement regarding company's strong fundamentals, ongoing growth strategy and commitment to delivering value to AMOD shareholders amidst what he described as 'uninformed speculation' by certain market participants. 'The recent sell side activity targeting AMOD stock appears to be driven by misconceptions and a lack of understanding about our business and long-term strategy coupled with the 'de-SPAC norm,'' said Alessi. 'This trend is emblematic of broader market dynamics in the SPAC environment, where some investors prioritize short-term speculation over informed, long-term investment. In recent years, it's been the norm to compete for the exit door as so many of these SPAC transactions had finance structures surrounding the de-SPAC that encouraged selling. Unlike most SPAC transactions in recent years, we worked diligently to secure prudent closing terms in our merger. We did not allow the issuance of commitment shares or warrants at a zero-cost basis that would otherwise incentivize selling. We did just the opposite. We painfully renegotiated existing sponsor side fees and reduced share issuances to the extent we could.' AMOD successfully transitioned from its SPAC merger to a publicly traded entity, a process that has unlocked new opportunities for growth and innovation. Despite these achievements, the CEO pointed out that management believes certain market players have underestimated the company's robust operational model, IP catalogue and significant pipeline of strategic initiatives. 'While speculative short positions or reckless selling may create temporary noise, they do not reflect the reality of our business or the significant opportunities ahead for Alpha Modus in both the near and long term,' Alessi continued. 'We remain laser-focused on executing our strategy, which is built on strong fundamentals, a surgically precise plan, and a team of world-class talent to execute, which I suspect will create regret for the uninformed speculator in the near future.' Alpha Modus Appoints Accomplished Executive Thomas Gallagher as Chief Revenue Officer to Drive Growth and Maximize Shareholder Value On January 10th AMOD announced the appointment of Thomas Gallagher as Chief Revenue Officer (CRO). Mr. Gallagher will oversee global revenue generation strategies, scaling operations, and aligning the Company's sales, marketing, and business development efforts to accelerate growth and deliver robust shareholder returns. Mr. Gallagher brings over two decades of proven leadership in driving revenue growth, strategic expansion, and operational excellence in competitive markets. Most recently, Mr. Gallagher served as Senior Vice President of Services and Solutions at Zones, where he spearheaded transformative strategies that significantly enhanced sales and operational efficiency. Prior to that, he held pivotal roles including Chief Sales Officer of Cloud Infrastructure Services at Capgemini North America and Vice President of Sales for North and South American Industries at DXC. His extensive experience also includes senior sales positions at IBM, HP/EDS, and AT&T. A graduate of the United States Naval Academy with a degree in Systems Engineering, he served as a Captain in the United States Marine Corps for five years. 9th AI Patent Issued, Strengthening Leadership in Retail Innovation On January 6th AMOD announced a major milestone with the issuance of its 9th patent, further solidifying its position at the forefront of artificial intelligence solutions. On December 24, 2024, the United States Patent and Trademark Office issued Alpha Modus Corp. its latest patent, United States Patent Number 12,175,484, titled 'Methods for Personalized Marketing and Advertising.' The patent outlines groundbreaking techniques that leverage artificial intelligence to deliver real-time, tailored marketing and advertising experiences at the point of decision-making. This innovative approach addresses the growing demand for personalized consumer engagement, a critical factor in the $20 billion global AI-driven retail market, projected to grow at a compound annual growth rate (CAGR) of 25% over the next five years, according to a report by Fortune Business Insights. Alpha Modus Files Patent Infringement Lawsuit Against Wakefern Food Corporation and Shelf Nine LLC On December 19th AMOD announced it has filed a patent infringement lawsuit against Wakefern Food Corporation, which has 48 member companies that own and operate 365 supermarkets, under the ShopRite, Price Rite Marketplace, The Fresh Grocer, Dearborn Market, Gourmet Garage, and Fairway Market brands in New Jersey, New York, Connecticut, Pennsylvania, Maryland, Delaware, Massachusetts, New Hampshire and Rhode Island, and Shelf Nine LLC (subsidiary of VSBLTY Groupe Technologies Corp.) which purports to be a leader in retail media networks, providing brands and retailers specifically targeted digital media advertising and other customer communications content delivered at the point of purchase. Media Contact Company Name: Alpha Modus Corp. Contact Person: Investor Relations Email: Send Email Phone: (704) 252-5050 Address:20311 Chartwell Center Dr Suite 1469 City: Cornelius State: North Carolina Country: United States
