TEL AVIV - A2Z Smart Technologies Corp. (NASDAQ:AZ), known for its smart cart technology, has announced the launch of its Cust2Mate 3.0 smart carts, with initial deployments beginning in April. The first implementation of these advanced shopping carts will be at the Yochananof supermarket chain in Israel, followed by rollouts at international retailers such as Morton Williams and Monoprix.
The company's CEO, Bentsur Joseph, highlighted the significance of the new smart carts, emphasizing their potential to transform the retail shopping experience. The Cust2Mate 3.0 features a detachable control panel and can be retrofitted to existing shopping carts. Its anti-theft technology and streamlined checkout process, which allows customers to pay directly from the cart, aim to improve efficiency for both consumers and retailers.
A2Z's flagship product, the Cust2Mate smart cart, is designed to facilitate a mobile self-checkout process, reducing the need for cashier interactions and aiming to minimize checkout lines. The company asserts that this technology not only enhances the shopping experience for customers but also offers retailers reduced manpower requirements and better management capabilities.
The press release also contained forward-looking statements regarding the company's expectations for the deployment and potential impact of the Cust2Mate 3.0 smart carts. However, it notes that these statements involve risks and uncertainties, and actual results may differ.
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