Philadelphia, PA - April 23, 2020 (Investorideas.com Newswire) VSBLTY Groupe Technologies Corp. (CSE: VSBY) (Frankfurt: 5VS) (OTC: VSBGF) ("VSBLTY"), a leading retail software technology company, today announced that it has signed a global, multi-product strategic teaming agreement with UST Global®, a leading digital transformation solutions company. The two technology companies are teaming up to assimilate their solutions and services for the fast-changing retail industry.
In announcing the strategic partnership with UST Global, VSBLTY Co-founder and CEO, Jay Hutton said, "We are excited to have the opportunity to work collaboratively with one of the world's most prominent digital transformation firms. UST Global is the perfect partner for us as we share their business philosophy of committing to ‘long-term client success while providing value and flexibility' and we look forward to helping meet the advanced technology needs of UST Global's worldwide customers."
Speaking on this, Subhodip Bandyopadhyay, GM, Emerging Digital Retail Technology, UST Global, said, "We are pleased to join hands with VSBLTY in providing IT solutions to our retail clients, which include 12 of the Top 20 Global Retailers. The UST Global - VSBLTY partnership is a powerful combination. VSBLTY is on the forefront of digital transformation for retail and it has the best-of-breed solutions for retail, including at shelf digital activation, audience measurement, customer journey analytics and theft prevention. This partnership will unlock the full potential of retail industry transformations and place our customers on the high path of success in today's digital landscape."
VSBLTY technology provides enhanced customer engagement and audience measurement using machine learning and computer vision. Its industry leading VisionCaptor™ and DataCaptor™ software combine motion graphics and interactive brand messaging with cutting-edge computer vision measurement and insights. VSBLTY's AI-driven software, Vector™, provides advanced facial recognition that is crucial to enhancing today's security requirements when recognizing weapons or suspicious persons in a crowd.
With over 35 offices and 23,000 employees worldwide, UST Global offers industry-leading expertise through its Centers of Excellence that enable clients to attain their key business objectives. Complimenting the Centers of Excellence is the firm's Partner Program. This unique program is designed to develop strategic relationships with industry-leading companies and academia to provide the company's developers with both educational resources and early access to new technology.
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About VSBLTY (www.vsblty.net)
Headquartered in Philadelphia, VSBLTY (CSE: VSBY) (Frankfurt:5VS) (OTC: VSBGF) ("VSBLTY") is the world leader in Proactive Digital Display™, which transforms retail and public spaces as well as place-based media networks with SaaS-based audience measurement and security software that uses artificial intelligence and machine learning.
About UST Global (www.ust-global.com)
UST Global is a technology partner dedicated to transforming businesses, communities, and the people who live within them. Operating in 25 countries, we deliver future-ready digital transformation strategy services, products, and platforms that create new possibilities and help you imagine what's next in banking and finance, healthcare, retail, manufacturing, semiconductor, technology and media. But what matters most is the deep partnership we forge with you to solve the unique challenges you face today, while preparing you for tomorrow. That's us together. That's UST Global. Visit us at www.UST-Global.com.
Media Contacts, UST Global:
Tinu Cherian Abraham
+1 (949) 415-9857
FORWARD LOOKING STATEMENT
This news release contains forward-looking statements, including statements regarding the development of advanced camera applications to help screen for persons who may be infected with COVID-19 as they enter buildings, and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. In particular, there is no assurance that VSBLTY and Photon-X will be successful in developing an advanced screening camera or be able to commercialize such product.
The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of VSBLTY, and which are described in the VSBLTY's public filings available under its profile at www.sedar.com. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and VSBLTY does not intend to update any of the included forward-looking statements except as required by Canadian securities laws.
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