Yosef Bensur, CEO and Founder of A2Z“Nasdaq registration is a significant milestone for A2Z and indicates the positioning of Cust2Mate’s smart carts from the A2Z Group as a leading solution for smart shopping. The listing on NASDAQ will increase our visibility in global markets, and will expose the group to a wider audience of investors. “
The Israeli A2Z Group arrives at Nasdaq. The group, which among other things has developed the world’s leading smart cart operating as an independent fund, announced that the company’s shares have been approved for trading by the Nasdaq Stock Exchange and are expected to start trading in January, under the symbol AZ. The company’s shares will also continue to be traded on the Canadian stock exchange TSXV. Investors in A2Z shares are not required to take any action as a result of the transfer of the company’s shares to Nasdaq.
Joseph Bensur, CEO and founder of A2Z, said: “Registration on the NASDAQ is a significant milestone for A2Z and it indicates the positioning of the Cust2Mate smart carts from the A2Z Group as a world-leading solution for shopping in smart carts. In recent months we have made significant progress in introducing Cust2Mate smart carts to pilots at retailers around the world, and through partnerships with some of the leading manufacturers and marketers. “The Nasdaq Stock Exchange has a justified reputation when it comes to improving the value of growth companies and we believe that listing it is an important and necessary step in the group’s development, which will increase our visibility in global markets, and expose the group to a wider audience.”
A2Z Smart Technologies Corp. Group Creates innovative solutions to complex challenges. The company’s flagship product is the smart cart that also functions as an independent cash register. Cust2Mate’s smart cart optimizes the shopping experience by using a smart algorithm, user-friendly system, touch screen and computerized vision system, the cart allows scanning of purchased products and payment option in the cart, so customers can simply “pick and go” and bypass the long queue at the checkout. This option creates a more efficient shopping experience for customers, saves shelf space and manpower, and provides advanced control and monitoring capabilities to store managers. Cust2Mate’s software solution also provides business insights, improves retail performance and provides a better customer experience.
Last week, A2Z announced that it had signed an agreement with the Evergreen kosher supermarket chain, which operates branches in New York and New Jersey, to conduct a pilot to integrate its smart carts. This is the second American chain to incorporate smart carts, after the Morton Williams chain of Manhattan. Similar agreements have recently been signed with other networks around the world. In Israel, the smart carts are in the deployment phase of the Yochananoff network.
.