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Associated Press
19-03-2025
- Business
- Associated Press
Alpha Modus: Helping Set IP Leadership Standards And Usher In A New Era Of Innovation In Retail AI
NEWMEDIAWIRE) - Artificial Intelligence is transforming the retail landscape, enabling retailers, marketers and brands to personalize the experience for consumers, boost engagement and optimize in-store experiences. In this era of online and mobile shopping retailers need an edge, and AI is providing that. Alpha Modus Holdings Inc. (NASDAQ: AMOD), the technology company specializing in AI-driven retail and fintech solutions, has been an innovator in this evolution, developing AI-driven retail technologies designed to transform the experience for everyone involved. The company uses sensors and AI to capture consumers' sentiments and impressions in the moments when they are first interacting with a product. To achieve that effectively, Alpha Modus is building new technology from digital signage to smart inventory management systems. It's deploying kiosks and targeted digital ads to make the shopping experience better for everyone. But the company has also seen its share of challenges. It has had to defend its intellectual property in patent infringement lawsuits that are ongoing today. Alpha Modus says the cases reflect the company's commitment to protecting its technology and securing rightful recognition of its innovations. The first of these cases is set for trial in November 2025. First Of More Settlements To Come? Its defense just got stronger with a patent settlement with Shelf Nine and its parent company, VSBLTY Groupe Technologies. Not only have Shelf Nine and VSBLTY agreed to put litigation behind them – validating Alpha Modus' technology claims – but they are embarking on a planned strategic partnership. 'In an industry where technological advancement often outpaces legal frameworks, it is crucial that companies assert their IP rights to ensure that their innovations are recognized and leveraged to propel the industry forward,' says William Alessi, CEO of Alpha Modus. 'Beyond the immediate benefits of this settlement, it also sets a powerful legal precedent that strengthens Alpha Modus' position in its ongoing lawsuits against other major retailers and digital signage networks. By securing this agreement, Alpha Modus has demonstrated that its patents are enforceable and valuable—making it increasingly difficult for other defendants to dismiss or undermine its claims.' While it's the first settlement in Alpha Modus' patent infringement suits, the company is hoping it isn't the last. It has patent infringement claims against Walgreens Boots Alliance Inc., Wakefern Food Corp. and Brookshire Grocery Co., among others. In the case of Walgreens, which Alpha Modus alleges willfully infringed on its patented AI-driven retail technology which enhances in-store shopping through data-driven insights, interactive advertising and consumer engagement tools, the company is seeking $500 million in damages. Alpha Modus says Walgreens's deployment of Cooler Screens digital smart screens in its stores mirrors the innovations protected under its patents, necessitating this legal action. The settlement with VSBLTY gives Alpha Modus more confidence in pursuing further legal actions and puts potential patent infringers on notice, the company says. It also reinforces its commitment to protecting its proprietary technology and its investors. 'The irony of this partnership is not lost on us—what started as a lawsuit has evolved into one of the most valuable alliances for both organizations,' said Jay Hutton, CEO of VSBLTY Groupe Technologies. 'While the circumstances of our initial engagement were far from ideal, the outcome is undeniably positive. We now have the opportunity to compete in an industry dominated by giants, backed by a portfolio of patented IP from Alpha Modus and VSBLTY. Our combined vision and execution capabilities are impressive, and we are excited about the opportunities ahead.' Game-Changing Partnership While the settlement in and of itself is good news for Alpha Modus and its shareholders, the proposed strategic partnership with VSBLTY, the maker of digital displays, may prove to be game-changing. As part of the deal VSBLTY will integrate Alpha Modus' proprietary technology into its data analytics software. Alpha Modus says that will enable smarter, more efficient and more engaging retail environments. 'This partnership underscores a fundamental truth: innovation thrives when protected and respected,' said Alessi. 'Alpha Modus is not just protecting its patents—it is shaping the future of retail AI. The fact that leading retailers and digital signage networks have integrated technologies resembling those developed by Alpha Modus demonstrates the value of our intellectual property. However, innovation without protection leads to dilution, and Alpha Modus remains committed to enforcing its IP rights where necessary.' With its technology validated, its IP portfolio strengthened and a game-changing partnership in the works, Alpha Modus says its positioned for growth. 'As the investment community takes note of this progress, one thing is certain: Alpha Modus is not just a player in the retail AI space—it is a pioneer defining its future,' says Alessi.
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:
