Alfi Selected by NEOOH of Brazil for Pilot Program of its AI-Enabled Digital Advertising Screens
May 20 2021 - 8:44AM
InvestorsHub NewsWire
Alfi
Selected by
NEOOH of Brazil for Pilot Program of its AI-Enabled Digital
Advertising Screens
Miami Beach, FL / May
20, 2021 — Alfi Inc. (Nasdaq: ALF)
(“Alfi” or the “Company”), an AI enterprise SaaS platform company powering
computer vision with machine learning models to allow content
publishers and brand owners to deliver interactive, intelligent
information without violating user privacy, today announced it was
chosen by NEOOH, the leading Digital Signage company in Brazil, to
install its AI enterprise SaaS platform solution on digital screens
located in airports across Brazil.
NEOOH has operated
throughout Brazil for the past 40 years and is the leader in
Digital Signage, with more than 10,0000 screens located in airports
and bus terminals throughout the
country.
NEEOH engaged a leading industry consultant to
conduct an exhaustive worldwide search to identify the best
provider of AI-enabled
solutions to the digital out of home, or “DOOH,” advertising
marketplace. The criteria were: 1. Customer
interactivity, 2. Data Capture and 3. Remote access for the small
and large brand owner alike. At the conclusion of a very thorough
and competitive review process, ALFI was selected by NEOOH to
empower their digital outdoor screens with the first installations
occurring at the Sao Paulo airport in
Brazil.
“NEOOH is one of the largest OOH media companies
in Brazil, and we are very proud that after much due diligence they
selected Alfi to be their provider,” said Paul Pereira, CEO of
Alfi. “The initial installation at the Sao Paulo airport is
underway and we expect it to be the first of many installations. We
are confident that our solution will lead the transformation of the
DOOH market and are excited to be associated with such a
forward-thinking company like NEOOH. Our team worked closely with
NEOOH on the first installations, and we are very excited as we
explore additional opportunities to expand to other NEOOH locations
such as
Vivo, the largest
mobile phone service provider in Brazil with more than 350 stores
and 1500 advertising screens at these
locations.”
About
NEOOH
NEOOH is the largest Airport Media company in
Brazil, reaching an audience of over 90 million passengers annually
through its presence in more than 30 airports in the country. NEOOH
also provides Out-of-Home (“OOH”) media in more than 40 Bus
Terminals in Brazil, reaching more than 200 million passengers
annually.
About Alfi
Inc.
Alfi Inc. provides solutions that bring
transparency and accountability to the digital out of home
advertising marketplace. Since 2018, Alfi Inc. has been developing
its
artificial intelligence advertising
platform to deliver
targeted advertising in an ethical and privacy-conscious
manner.
For more information,
please
visit: https://www.getalfi.com.
Safe Harbor
Statement
This press release
contains forward-looking statements. These statements are made
under the "safe harbor" provisions of the U.S. Private Securities
Litigation Reform Act of 1995. Statements that are not historical
facts, including statements about the Company's beliefs and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties, and a number
of factors could cause actual results to differ materially from
those contained in any forward-looking statement. In some cases,
forward-looking statements can be identified by words or phrases
such as "may", "will," "expect," "anticipate," "target," "aim,"
"estimate," "intend," "plan," "believe," "potential," "continue,"
"is/are likely to" or other similar expressions. Further
information regarding these and other risks, uncertainties or
factors is included in the Company's filings with the SEC. All
information provided in this press release is as of the date of
this press release, and the Company does not undertake any duty to
update such information, except as required under applicable
law.
Alfi Inc. Company
Contact
Dennis McIntosh
Chief Financial
Officer
d.mcintosh@getalfi.com
Alfi Inc. Investor
Relations
TraDigital
IR
Kevin
McGrath
+1-646-418-7002
kevin@tradigitalir.com
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