INEO Revolutionizes Retail Loss Prevention with AI-Powered EAS
AInvestThursday, Jan 9, 2025 7:25 am ET
2min read


INEO Tech Corp. (TSXV: INEO) (OTCQB: INEOF) has unveiled a game-changing solution for the retail industry, INEO AI Secure, a next-generation electronic article surveillance (EAS) system that combines advanced artificial intelligence (AI) capabilities with the company's patented INEO Welcoming System hardware. This innovative solution promises unprecedented accuracy and efficiency in detecting retail theft at store exits, addressing a significant challenge for retailers worldwide.

Retail theft costs the industry billions of dollars annually, and INEO AI Secure aims to combat this issue by providing retailers with smarter tools to combat shrinkage while enhancing operational efficiency. The system leverages machine learning algorithms, real-time analytics, and integrated EAS and RFID sensors to identify suspicious alarm events and potential theft incidents with unmatched precision. By analyzing patterns in theft attempts, INEO AI Secure offers actionable insights and alerts, empowering retailers to take proactive measures against losses while maintaining a seamless shopping experience.

The patented INEO Welcoming System already features dual detection technologies (standard EAS frequencies and RFID frequencies) embedded within its INEO Welcoming Pedestal. The Welcoming System harnesses advanced AI-driven processing power to deliver real-time filtering and analytics, redefining loss prevention in the retail industry through cutting-edge technology and an innovative business model powered by retail media advertising.

Key Features of INEO AI Secure:

1. AI-Powered Detection: Real-time identification of theft patterns using advanced AI technology.
2. Customizable Alerts: Tailored notifications for the loss prevention team and retail staff to respond quickly and effectively.
3. Integrated Analytics: Comprehensive reporting on theft trends and customer behavior to inform operational strategies.
4. Seamless Integration: Easy deployment with existing loss prevention systems and retail operations.
5. Integrated Edge and Cloud-Based Platform: Secure, scalable access to data and analytics from anywhere.

The INEO Welcoming System is adaptable to various retail environments, from small stores to large chains, making it an ideal choice for businesses of all sizes. INEO's commitment to innovation and excellence has earned it a reputation as a trusted partner for retail loss prevention solutions. The launch of INEO AI Secure underscores the company's dedication to leveraging cutting-edge technology to tackle the challenges facing the retail industry today.

INEO Tech Corp. operates the INEO Media Network, a digital advertising and analytics solution for retailers, and INEO Retail Media, an advertising sales provider for in-store retail media. The company is headquartered in Surrey, Canada, and is publicly traded on the TSX-Venture Exchange under the symbol "INEO" and on the OTCQB under the symbol "INEOF."



In conclusion, INEO AI Secure represents a significant advancement in retail loss prevention, offering retailers a powerful tool to combat theft and protect their bottom line. By harnessing the power of AI and advanced analytics, INEO AI Secure enables retailers to stay ahead of theft trends and maintain a safe and secure shopping environment for their customers. As the retail industry continues to evolve, innovative solutions like INEO AI Secure will be crucial in addressing the challenges posed by organized retail crime and other forms of theft.
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