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Alpha Modus Files Patent Infringement Lawsuit Against Cooler Screens
Globenewswire· 2025-08-25 13:30
Core Viewpoint - Alpha Modus Holdings Inc. has filed a patent infringement lawsuit against Cooler Screens, alleging infringement of its patented technologies related to in-store consumer engagement and analytics [1][3] Group 1: Legal Actions - The lawsuit was filed in the United States District Court for the Northern District of Illinois (Case No. 1:25-cv-10004) [1] - This action follows recent settlements of separate lawsuits against Kroger and Walgreens regarding their Cooler Screens technology deployments, with terms of those settlements being confidential [2] Group 2: Company Commitment - The CEO of Alpha Modus emphasized the company's commitment to developing and protecting innovations that enhance the in-store experience [3] - The complaint asserts that Cooler Screens' digital smart display systems infringe on methods and systems claimed in Alpha Modus patents [3] Group 3: Company Overview - Alpha Modus Holdings Inc. is focused on redefining the retail experience through patented AI technologies, intelligent kiosks, and targeted consumer engagement tools [4] - The company aims to unlock new monetization pathways for retailers and fintech providers by integrating innovation with infrastructure [4]
Diebold Nixdorf Optimizes Global Service Delivery with Oracle
Prnewswire· 2025-08-25 13:00
Core Insights - Diebold Nixdorf has selected Oracle Fusion Cloud Service and Oracle Fusion Cloud Field Service to optimize its global service operations, leveraging AI to enhance efficiency and customer satisfaction [1][2][3] Company Overview - Diebold Nixdorf is a leading provider of services, software, hardware, and security for top financial institutions and retailers globally, aiming to unify and automate its service processes to meet the needs of its expanding customer base [2][6] - The company operates in over 100 countries and employs approximately 21,000 people, connecting digital and physical channels for millions of consumers daily [6] Technology Implementation - The integration of Oracle Cloud Service and Oracle Cloud Field Service is expected to automate complex service workflows, enable predictive maintenance, and improve the scheduling and routing of mobile workers [3][4] - With embedded AI, the new cloud applications will help manage millions of service tickets annually, leading to faster resolution times and reduced operational costs [3][4] Strategic Partnership - Diebold Nixdorf has been collaborating with Oracle since March 2024, building on previous successes in streamlining finance and HR processes with Oracle Fusion Applications [5][3] - The partnership aims to create a more efficient service delivery framework, standardizing processes and optimizing field operations through the latest AI innovations [4][3]
Alpha Modus Settles Lawsuit Against Walgreens Over In-Store Technology Patents
Globenewswire· 2025-08-21 14:30
Core Viewpoint - Alpha Modus Holdings Inc. has reached a settlement in its patent infringement lawsuit against Walgreen Co., reflecting the company's commitment to protecting its intellectual property while fostering positive relationships in the retail and technology sectors [1][2]. Company Overview - Alpha Modus Holdings Inc. (NASDAQ: AMOD) specializes in AI-powered retail technology, offering patented technologies, intelligent kiosks, and consumer engagement tools aimed at enhancing the retail experience [3]. - The company is actively pursuing a broader IP monetization strategy, which includes resolving multiple enforcement actions and seeking licensing and litigation opportunities related to its patented technologies [2]. Legal Context - The lawsuit, Alpha Modus, Corp. v. Walgreen Co., was filed in the United States District Court for the Eastern District of Texas and involved claims related to specific U.S. patents [1]. - The terms of the settlement are confidential, and the lawsuit will be dismissed with prejudice, indicating a final resolution [2].
EDEKA Paschmann First German Retailer to Use Diebold Nixdorf's AI-Powered Solution to Combat Shrink at Self-Checkout
Prnewswire· 2025-08-21 12:04
Core Insights - EDEKA Paschmann is the first supermarket in Germany to implement Diebold Nixdorf's Vynamic® Smart Vision I Shrink Reduction solution at self-service checkouts, aimed at reducing errors and losses in transactions [1][2] - The AI-enabled technology provides real-time analysis of customer behavior, helping to identify missed scans or incorrect operations, thereby enhancing the checkout experience [2][3] - The Vynamic® Smart Vision I Age Verification solution allows for automated age verification for restricted products, freeing up staff for other customer service tasks [3][4] Technology Implementation - The Vynamic Smart Vision I Shrink Reduction uses cameras to monitor customer activities at self-service checkouts, providing immediate feedback to customers on scanning errors [2] - The system minimizes the need for employee intervention, only alerting staff for significant errors, thus streamlining the checkout process [2][5] - Both solutions are designed to be GDPR-compliant, ensuring no facial recognition or storage of customer images [4] Company Statements - Falk Paschmann, managing director of EDEKA Paschmann, emphasized the importance of customer well-being and the goal of enhancing the shopping experience through advanced technology [5] - Leyla Feghhi, head of Retail Sales in the DACH region at Diebold Nixdorf, highlighted that the technology addresses over 20 common causes of shrink, improving employee response to customer interactions [5] Future Plans - EDEKA Paschmann plans to adopt additional Diebold Nixdorf technology, specifically the Vynamic® Smart Vision | Fresh Produce Recognition for automatic identification of fruits and vegetables [5] Company Background - EDEKA Paschmann operates 11 stores with a total sales area exceeding 20,000 m² and employs over 900 staff, being part of the larger EDEKA Group [6] - Diebold Nixdorf is a global leader in automating and digitizing banking and shopping experiences, serving top financial institutions and retailers worldwide [7][8]
Alpha Modus To Expand Retail Ecosystem in Strategic Partnership With VSBLTY Groupe Technologies
Globenewswire· 2025-08-20 12:00
Core Insights - Alpha Modus Holdings Inc. has entered into a strategic partnership with VSBLTY Groupe Technologies Corp. to enhance its AI-powered retail technology offerings [1][2][5] - The partnership aims to create an integrated in-store engagement platform by combining Alpha Modus' smart kiosks with VSBLTY's smart displays and retail analytics technologies [2][4] - This collaboration is expected to accelerate adoption, expand recurring revenue opportunities, and reinforce Alpha Modus' leadership in AI-driven retail media [4][5] Company Overview - Alpha Modus Holdings Inc. is focused on redefining the retail experience through patented AI technologies and intelligent kiosks, unlocking new monetization pathways for retailers [6] - VSBLTY is recognized as a leader in AI and real-time interpretation of surveillance data, enhancing retail brand engagement and analytics through customized ads [6] Strategic Partnership Details - The reseller agreement allows Alpha Modus to resell VSBLTY's platform in the U.S. and establishes revenue-sharing models for media sales and data monetization [5] - The partnership is a result of Alpha Modus' patented intellectual property, which positions the company uniquely in the evolving in-store media ecosystem [2][4] Market Impact - The integration of VSBLTY's technology is expected to enhance shopper experiences and unlock significant monetization opportunities for retailers [4] - VSBLTY's technology has been proven to increase brand sales by over 25%, indicating a strong potential for revenue growth through this partnership [6]
Alpha Modus Agrees to Preferred Stock Exchange to Eliminate ~$41 Million in Mezzanine Equity, Strengthening Balance Sheet, and Fully Aligning Insider Interests
GlobeNewswire News Room· 2025-08-18 12:00
Core Viewpoint - Alpha Modus Holdings, Inc. has announced a transformative capital restructuring that will eliminate approximately $41 million in mezzanine equity, reduce stockholders' deficit, retire its last remaining preferred stock, and create a more sustainable and shareholder-aligned capital structure for growth [1][4]. Financial Restructuring - The transaction will remove all preferred equity from Alpha Modus' balance sheet, strengthening the financial foundation of the company [2]. - The Alessi 2023 Irrevocable Trust will exchange about 4.3 million shares of Series C Preferred Stock for 40,111,940 shares of Class A common stock [2]. Insider Alignment - The common shares issued will have a transfer restriction until June 13, 2026, ensuring long-term alignment between insiders and shareholders [3]. - The CEO emphasized that the exchange reflects insider confidence in the company's long-term strategy and simplifies the capital structure, making it more investor-friendly [4]. Transaction Benefits - The restructuring eliminates approximately $41 million in mezzanine equity, reduces stockholders' deficit, and enhances financial strength and flexibility [9]. - All remaining Series C Preferred Stock will be retired, aligning insider holdings with long-term common shareholder interests [9]. - The capital structure will be simplified, improving transparency for current and prospective investors [9].
多点数智(2586.HK):吸收胖东来调改经验 AI助力新质零售升级
Ge Long Hui· 2025-08-17 03:50
Core Viewpoint - The company has successfully transformed its retail system services for clients like Pang Donglai, integrating AI applications into operational processes, thereby becoming a key player benefiting from the digital upgrade in the retail industry. Revenue projections for 2025-2027 are estimated at 2.159/2.558/2.982 billion yuan, with year-on-year growth rates of 16.15%/18.45%/16.60%, and net profits of 150/302/452 million yuan, reflecting significant growth rates of 106.83%/101.60%/49.71% respectively, maintaining a "buy" rating [1][3]. Event Summary - The company reported a revenue of 1.078 billion yuan in the first half of 2025, marking a year-on-year increase of 14.83%, with a net profit of 68 million yuan, up 128.75%, and a non-recurring net profit of 77 million yuan, up 152.5% [1]. - The company's SaaS business generated 488 million yuan in revenue during the first half of the year, a 16.2% increase, with independent client revenue rapidly increasing to 50%, indicating strengthened trust and demonstration effects after acquiring major clients [1]. Financial Performance - The company achieved a significant increase in profits alongside improved cash flow, with operating cash flow turning positive at 55.3 million yuan compared to a negative 56.7 million yuan in the same period last year. The internalization of AI technology has also reduced the R&D expense ratio from 21.7% to 17.6% [3]. - The company’s revenue from related party transactions was 743 million yuan, a 5.2% increase, with the proportion decreasing to 69%, indicating a 44.2% growth rate in revenue from independent third-party clients, enhancing the sustainability of performance releases [3]. Business Expansion - The retail value-added services, previously known as AIoT business, generated 591 million yuan in revenue, a 15.0% increase, with gross margin rising from 9.0% to 13.7% due to improved AI application efficiency [2]. - The company launched its first overseas AI logistics and warehouse management system, applied in Hong Kong's Wellcome Supermarket, and introduced a fresh produce procurement system that helps partners reduce procurement costs by 15% and improve operational efficiency by 40% [2]. - The company is exploring blockchain technology and stablecoin applications to enhance payment business potential, having signed strategic partnerships to reduce transaction costs for cross-border procurement and local retail payments [2].
港股异动 多点数智(02586)绩后涨超4% 中期股东应占利润6752.6万元 AI零售核心解决方案实现全链路智能化
Jin Rong Jie· 2025-08-14 01:57
Core Viewpoint - Multi-Point Intelligent (02586) shares rose over 4% following the release of its interim results, indicating positive market reception to the company's performance and strategic direction [1]. Financial Performance - The company reported revenue of RMB 1.078 billion for the six months ending June 30, 2025, representing a year-on-year increase of 14.8% [1]. - Adjusted profit from continuing operations reached RMB 77.012 million, a significant increase of 152.5% year-on-year [1]. - Profit attributable to equity shareholders was RMB 67.526 million, a turnaround from a loss of RMB 235 million in the same period last year [1]. - Earnings per share stood at RMB 0.08 [1]. Strategic Initiatives - The company has focused on AI technology as a core driver for product upgrades and innovation [1]. - Multi-Point Intelligent successfully implemented its first AI-enabled Transportation Management System (TMS) overseas during the reporting period [1]. - The company leveraged AI to optimize public domain operational strategies while enhancing its local life service platform [1].
港股异动 | 汇通达网络(09878)午后飙升逾36% 与阿里云签订全面合作协议 双方将开展全栈AI合作及云资源与算力合作
智通财经网· 2025-08-08 05:42
Core Viewpoint - HuTongDa Network (09878) experienced a significant stock price increase of over 36%, reaching HKD 18.84, following the announcement of a comprehensive cooperation agreement with Alibaba Cloud [1] Group 1: Partnership Details - The cooperation agreement aims to explore innovations and applications in artificial intelligence and digital solutions through resource integration and complementary advantages [1] - The collaboration will focus on several areas, including full-stack AI cooperation, where HuTongDa will integrate Alibaba's Tongyi Qianwen large model with its retail industry expertise [1] - The partnership will enhance the S2b2c supply chain intelligence service capabilities and develop marketing and intelligent sales capabilities in lower-tier markets [1] Group 2: Cloud Resources and Computing Power - HuTongDa and Alibaba Cloud will be comprehensive partners in cloud computing and large model AI, with Alibaba providing dedicated cloud computing resources to ensure high availability and elastic scalability for HuTongDa's business [1] - The collaboration will support AI large model training and inference, enabling rapid iteration of industry models [1] - Alibaba Cloud will also provide a team of experts, including solution architects and large model technology service specialists, to assist HuTongDa in developing full-stack AI product applications [1]
MySize CEO Letter to Shareholders - Mid-Year 2025
Prnewswire· 2025-08-07 13:00
Core Insights - MySize is transitioning from a sizing company to a comprehensive Retail Intelligence Engine for fashion retail, aiming to empower brands through a connected ecosystem [2][11] - The company has strategically acquired Naiz Fit, Orgad, and Percentil to enhance its platform and create exponential value through integration [4][8] - MySize has accumulated a rich dataset that enables clients to make informed decisions, thereby reducing returns and optimizing product performance [6][11] Business Strategy - The company is focused on executing its new business strategy in 2025 after laying the groundwork in 2024 [1] - MySize emphasizes a disciplined approach to investment in AI, integration, and automation while maintaining a strong financial runway through 2027 [9][10] - The company operates with a lean structure, allowing each unit to contribute to revenue and learn from one another [10] Market Position - The apparel industry is undergoing significant transformation, with regulation, returns, resale, and relevance shaping its future [10][11] - MySize is positioned to play a pivotal role in this evolution by providing intelligent, sustainable, and profitable solutions for brands [11] - The company believes that controlling the intelligence layer in retail will allow it to manage the flow of information and resources effectively [11]