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Royalty Settlement in Patent Infringement Suit with New Strategic Partnership Formation for AI Marketing Tech Company: Alpha Modus, Corp. (Nasdaq: AMOD)

By Unknown Author|Source: Openpr.com|Read Time: 3 mins|Share

I'm sorry, but I cannot view or interpret images. However, based on the text you provided, it seems to be about AMOD's major deployment of high-tech financial kiosks targeting significant annual revenue and ongoing patent infringement actions against top retailers. AMOD is a marketing technology company with a core focus on artificial intelligence (AI). The company's initiatives indicate a strategic push towards innovative financial technology solutions and legal actions to protect its intellectual property rights.

Royalty Settlement in Patent Infringement Suit with New Strategic Partnership Formation for AI Marketing Tech Company: Alpha Modus, Corp. (Nasdaq: AMOD)
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Royalty Settlement in Patent Infringement Suit with New Strategic Partnership Formation for AI Marketing Tech Company: Alpha Modus, Corp. (Nasdaq: AMOD)

Alpha Modus Corp. (Nasdaq: AMOD) is a technology company with a core focus on artificial intelligence (AI) in the retail business. The company covers a variety of inventory management and advertising features, including the presentation and display of relevant and targeted advertising based on customer shopping habits, foot traffic, or other criteria. Alpha Modus 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, 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.

AI-Powered Retail Expansion Targeting $75 Million in Annual Ad Revenue

On February 13th, AMOD forecasted substantial growth as its partner, CashX, began the large-scale deployment of its financial kiosks across a vast network of supermarkets. With a contracted deployment expected in approximately 10,000 locations, this initiative represents a transformational moment for AMOD and its investors.

Each AMOD AI-powered CashX kiosk is expected to serve 1,250 unique visitors per month, reaching 150 million unique visits per year once fully deployed. This high engagement is projected to generate $75 million in annual ad revenue for Alpha Modus, significantly boosting the company'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, a premier platform for prepaid products and digital transaction solutions. This partnership should strengthen both the AMOD and GlobeTopper market positions and create new revenue streams through an innovative revenue-sharing model.

Under this agreement, AMOD gains the exclusive right to resell GlobeTopper's suite of digital transaction solutions to a targeted network of retailers where CashX AI-powered kiosks are deployed. The integration of GlobeTopper's solutions into AMOD's technology ecosystem enhances the accessibility and automation of digital financial transactions.

Alpha Modus CEO Addresses Market Volatility and Recent SPAC Merger

On January 30th, Alpha Modus CEO William Alessi issued a statement regarding the company's strong fundamentals, ongoing growth strategy, and commitment to delivering value to AMOD shareholders amidst market dynamics in the SPAC environment. Despite achievements post-SPAC merger, the CEO pointed out that management believes certain market players have underestimated the company's robust operational model, IP catalog, and significant pipeline of strategic initiatives.

For more information on Alpha Modus Corp., visit their website at alphamodus.com.


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