Financial News

A2Z Receives Smart Cart Order from New York-based Food Retailer Morton Williams

TEL AVIV, ISRAEL / ACCESSWIRE / May 31, 2023 / A2Z Smart Technologies Corp. ("A2Z") ("Company"), (NASDAQ:AZ)(TSXV:AZ) - a global leader in innovative technology solutions, is proud to announce that it has entered into an agreement with Morton Williams, a well-established retailer in the New York metropolitan area, for the order of 100 specially designed 75-liter smart carts, tailored for deployment in urban supermarkets. The order is to encompass an upfront payment and monthly subscription payments. This collaboration showcases the potential of A2Z's smart cart platform solution, empowering retailers like Morton Williams to optimize their operations, enhance customer experiences, and generate additional revenue.

"We are delighted to partner with Morton Williams. This order reflects the confidence Morton Williams has in our Cust2Mate smart cart solution and its ability to deliver tangible benefits to their customers and business," said Guy Mordoch, CEO of A2Z's subsidiary Cust2Mate. "As we continue to expand our presence in the market, we remain committed to providing innovative technology solutions that drive growth and value for our clients."

Investors interested in A2Z Smart Technologies Corp. and their innovative solutions can visit www.a2zas.com for more information.

For more information on the Cust2Mate solution and its benefits, please visit www.cust2mate.com.

For more information about Morton Williams, please visit https://www.mortonwilliams.com/.

About A2Z Smart Technologies Corp:

A2Z Smart Technologies Corp. creates innovative solutions for complex challenges. A2Z's flagship product is an advanced proven-in-use mobile self-checkout shopping chart. With its user-friendly smart algorithm, touch screen, and computer-vision system, Cust2Mate streamlines the retail shopping experience by scanning purchased products and enabling in-cart payment so that customers can simply "pick & go", and bypass long cashier checkout lines. This results in a more efficient shopping experience for customers, less unused shelf-space and manpower requirements, and advanced command and control capabilities for store managers.

Contact Information:

Hanover International Inc.
Jh@hanoverintlinc.com
(1) 760 564 7400

Cautionary Statement Regarding Forward-Looking Statements

The TSX Venture Exchange Inc. has in no way passed upon the merits of the Company and has neither approved nor disapproved the contents of this press release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors - including the availability of funds, the results of financing efforts and the risks relating to our business -- that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on SEDAR (see www.sedar.com) and with the Securities and Exchange Commission (see www.sec.gov). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States or elsewhere.

SOURCE: A2Z Smart Technologies Corp.



View source version on accesswire.com:
https://www.accesswire.com/758284/A2Z-Receives-Smart-Cart-Order-from-New-York-based-Food-Retailer-Morton-Williams

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