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Alpha Modus Files Patent Infringement Lawsuit Against MNTN, Inc. in the Western District of Texas
Globenewswire· 2025-09-12 12:00
Core Viewpoint - Alpha Modus Holdings, Inc. has filed a patent infringement lawsuit against MNTN, Inc. to protect its intellectual property and shareholder interests while also expressing a willingness to collaborate with potential adversaries [1][5][6]. Patent Infringement Details - The lawsuit asserts infringement of three key patents that are central to Alpha Modus's technology, which aims to enhance consumer engagement at the point of sale [3][5]. - The specific patents involved include: - U.S. Patent No. 10,360,571: Methods for monitoring and analyzing consumer behavior in real time [5]. - U.S. Patent No. 11,042,890: Systems for enhancing in-store customer assistance using advanced monitoring and sentiment analysis [5]. - U.S. Patent No. 12,026,731: Personalized marketing and advertising linked to real-time consumer interactions and location tracking [5]. Industry Context - Alpha Modus has previously filed similar patent infringement actions against major retailers and advertising networks, highlighting its role as a pioneer in protecting and monetizing technologies within the $60+ billion retail media and self-service kiosk markets [7]. - The lawsuit against MNTN seeks damages, injunctive relief, and validation of Alpha Modus's patents [8]. Company Overview - Alpha Modus Holdings, Inc. is a publicly traded company focused on AI-driven retail and fintech solutions, leveraging a growing patent portfolio to redefine consumer engagement [9].
Alpha Modus Files Patent Infringement Lawsuit Against MNTN, Inc. in the Western District of Texas
Globenewswire· 2025-09-12 12:00
Core Viewpoint - Alpha Modus Holdings, Inc. has filed a patent infringement lawsuit against MNTN, Inc. to protect its intellectual property related to AI-driven retail and fintech technology [1][8] Patent Infringement Details - The lawsuit asserts infringement of three key patents that are foundational to Alpha Modus's technology, which aims to enhance consumer engagement at the point of sale [3][5] - The patents in question include: - U.S. Patent No. 10,360,571: Methods for monitoring and analyzing consumer behavior in real time [5] - U.S. Patent No. 11,042,890: Systems for enhancing in-store customer assistance using advanced monitoring and sentiment analysis [5] - U.S. Patent No. 12,026,731: Personalized marketing and advertising linked to real-time consumer interactions and location tracking [5] Company Strategy - Alpha Modus views patent enforcement as a growth strategy, having previously filed similar lawsuits against major retailers and advertising networks, indicating its commitment to protecting its technology [7] - The company aims to balance protection of its intellectual property with opportunities for collaboration, emphasizing a preference for amicable resolutions [6] Market Context - The actions taken by Alpha Modus highlight its role as a pioneer in the $60+ billion retail media and self-service kiosk markets, focusing on monetizing core technologies [7] - The lawsuit seeks damages, injunctive relief, and validation of the patents' enforceability, reinforcing the company's position in the industry [8][9]
Cust2Mate Appoints Fraser Neil as Chief Sales Officer to Lead Global Sales Expansion
Accessnewswire· 2025-09-11 11:30
Core Insights - A2Z Cust2Mate Solutions Corp. has appointed Fraser Neil as the new Chief Sales Officer to enhance its global sales strategy [1] - The company aims to build and scale a global sales team with dedicated executives in North America, Europe, and Israel [1]
Alpha Modus Strikes Kroger Again: Major Patent Infringement Lawsuit Filed Targeting Kroger’s Digital Retail Ecosystem
Globenewswire· 2025-09-02 13:00
Core Viewpoint - Alpha Modus, Corp. has filed a second patent infringement lawsuit against Kroger, alleging willful infringement of its patents related to next-generation retail technology [1][3]. Group 1: Lawsuit Details - The lawsuit was filed on August 29, 2025, in the United States District Court for the Eastern District of Texas [1]. - This complaint focuses on Kroger's own digital platforms, asserting seven patents and a soon-to-issue patent application related to technologies such as real-time consumer monitoring and AI-powered advertising [2]. - The technologies accused of infringement include Kroger's Barrows Connected Store, Everseen Visual AI, Kroger Precision Marketing, and others [2]. Group 2: Company Statements - William Alessi, CEO of Alpha Modus, emphasized that settling a previous dispute over Cooler Screens does not exempt Kroger from infringing on Alpha Modus's broader patent portfolio [3]. - The lawsuit seeks treble damages, attorneys' fees, and a permanent injunction due to Kroger's alleged willful disregard for Alpha Modus's intellectual property rights [3]. Group 3: Company Position - Alpha Modus asserts that it will enforce its rights vigorously and is open to licensing partnerships but will pursue litigation if its rights are violated [4]. - The company's patent portfolio is recognized by major companies and is foundational to innovations in AI-driven retail technology [4].
Vertiseit (RJ1) Conference Transcript
2025-09-01 12:00
Summary of Vertiseit Conference Call - September 01, 2025 Company Overview - Vertiseit operates in the retail sector, focusing on digital in-store solutions and experience management through a SaaS platform [1] Core Industry Insights - The company is involved in various segments including quick service restaurants (QSR) and grocery/convenience stores, indicating a broad market reach [2] - Vertiseit emphasizes the importance of digital transformation in retail, particularly through its IoT platform and in-store experience management [3] Key Products and Services - The company has developed several platforms and services aimed at enhancing the retail experience, including: - IoT platform - Experience management tools - Digital in-store solutions [3] Strategic Partnerships - Vertiseit collaborates with notable partners in the food and beverage sector, enhancing its service offerings and market presence [2] Additional Noteworthy Points - The conference call highlighted the company's commitment to innovation in retail technology, which is crucial for staying competitive in a rapidly evolving market [1][3]
Alpha Modus Files Patent Infringement Lawsuit Against A2Z Cust2Mate Solutions Corp., Defending Core AI Retail Innovations
Globenewswire· 2025-08-27 13:00
Core Viewpoint - Alpha Modus, Corp. has filed a patent infringement lawsuit against A2Z Cust2Mate Solutions Corp. for allegedly infringing five patents related to AI-driven retail technology [1][2][4] Company Summary - Alpha Modus Holdings Inc. (NASDAQ: AMOD) focuses on redefining retail experiences through patented AI technologies and consumer engagement tools [5] - The company aims to protect its intellectual property and ensure fair competition in the AI retail technology sector [4] Patent Details - The patents in question cover essential technologies for retail, including: - Real-time inventory management, marketing, and advertising [8] - Customer assistance through real-time monitoring and engagement [8] - AI-powered retail inventory management [8] - Intelligent store layout optimization (AI-driven planograms) [8] - Seamless in-store shopping and checkout systems [8] Industry Implications - The patents extend beyond smart carts and are relevant to major retailers and technology companies exploring cashierless checkout and AI-driven solutions [3] - The lawsuit emphasizes the importance of intellectual property in the rapidly evolving AI retail technology landscape [4]
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]