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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
Vertiseit (RJ1) Conference September 01, 2025 07:00 AM ET Speaker0Vertizit, we digital in store. Connecting a world of retail, vividly platforms and for Wern and Supercopplade Retail. Segmented, are operating in experience management, so we are bigger in SaaS platform. Had factors Jira concept, Stratikri, Integra Hoon, Ordvara, Platform Service, Alts and Perhus, Fratjira and listening for a retailer, some Villaarte concept for digital in store. Harry, Antti and Atilver are experiencing and I had it for Maer ...
Alpha Modus Files Patent Infringement Lawsuit Against A2Z Cust2Mate Solutions Corp., Defending Core AI Retail Innovations
Globenewswire· 2025-08-27 13:00
CORNELIUS, N.C., Aug. 27, 2025 (GLOBE NEWSWIRE) -- Alpha Modus, Corp., a wholly-owned subsidiary of Alpha Modus Holdings Inc. (NASDAQ: AMOD), today announced that it filed a patent infringement lawsuit on August 25, 2025, in the U.S. District Court for the Eastern District of Texas against A2Z Cust2Mate Solutions Corp., a Canadian-based provider of AI-powered “smart shopping carts.” The complaint alleges Cust2Mate has infringed five Alpha Modus patents that represent the backbone of next-generation retail t ...
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
CORNELIUS, N.C. and PHILADELPHIA, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings Inc. (NASDAQ: AMOD), a leader in AI-powered retail technology, today announced another strategic ecosystem partnership leveraging its patented intellectual property, entering into a reseller and technology integration agreement with VSBLTY Groupe Technologies Corp. ("VSBLTY"), a pioneer in AI-driven security and retail analytics solutions. This agreement follows Alpha Modus' previously announced patent license agreement ...
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].