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Royalty Settlement in Patent Infringement Suit with New Strategic Partnership Formation for AI Marketing Tech Company: Alpha Modus, Corp. (Nasdaq: AMOD)

03-17-2025 10:44 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Getnews

/ PR Agency: CAP, LLC
Royalty Settlement in Patent Infringement Suit with New

Image: https://www.globalnewslines.com/uploads/2025/03/1742217564.jpg

$AMOD Reports Major Deployment of High Tech Financial Kiosks Targeting $75 Million Annual Revenue, Plus Ongoing Patent Infringement Actions vs. Walgreens and Other Top Retailers

* Marketing Technology Company with a Core Focus on Artificial Intelligence (AI) in The Broad Retail Business Sector.

* Strong Fundamentals, Ongoing Growth Strategy and Commitment to Delivering Value to AMOD shareholders

* Large-Scale Deployment of AI Powered Financial Kiosks Across Vast Network of Supermarkets Targeting $75 Million in Annual Ad Revenue.

* New Agreement with GlobeTopper to Boost Revenue Growth in Prepaid and Digital Transactions.

* High Value Legal Settlement with Shelf Nine and Strategic Partnership Plans Including Perpetual License for AMOD Patented Innovations.

* Ongoing Patent Infringement Actions vs. Walgreens and Other Top Retailers.

* Retail Expansion Targeting $75 Million in Annual Ad Revenue.

Alpha Modus Corp. (Nasdaq: AMOD) is a technology company with a core focus on artificial intelligence (AI) in retail business. Alpha Moduscovers a variety of inventory management and advertising features, including the presentation and display of relevant and targeted advertising that is based on customer shopping habits, foot traffic, or other criteria. The Company engages in creating, developing and licensing data-driven technologies to enhance consumers' in-store digital experience at the point of decision.

Landmark Settlement with Open Door for a Game-Changing Partnership

On March 17th AMOD announced a groundbreaking settlement in its patent infringement lawsuit against Wakefern and Shelf Nine. As part of this resolution, AMOD and Shelf Nine have reached a settlement agreement, while Shelf Nine's parent company, VSBLTY Groupe Technologies Corp. will negotiate a strategic partnership for the deployment of AMOD cutting-edge technology which would include a perpetual license for AMOD patented innovations.

The lawsuit-one of several filed by AMOD against major retailers and digital signage networks, including Walgreens, Kroger, Wakefern, Shelf Nine, and Brookshire Grocery-centered on proprietary technology designed to enhance digital engagement and data-driven retail solutions. This agreement not only validates AMOD intellectual property rights but also establishes a long-term opportunity to integrate AMOD technology with VSBLTY's proprietary and robust data analytics software once VSBLTY Groupe Technologies and AMOD finalize their strategic partnership agreement.

Through the proposed partnership agreement, Shelf Nine's parent company VSBLTY Groupe Technologies will leverage AMOD proprietary solutions to enhance its retail media network, providing advertisers and retailers with state-of-the-art tools to optimize in-store customer engagement. This settlement and future strategic alliance reinforce both companies' market position while opening new avenues for growth and technology deployment.

Furthermore, AMOD believes that numerous companies are currently infringing on its patent portfolio. This settlement strengthens the company's ability to pursue further enforcement actions and ensures that its innovative technologies are recognized and respected throughout the industry. AMOD remains steadfast in protecting its intellectual property and will take decisive action, if necessary, to uphold its rights.

AMOD believes the investment community will closely monitor the implications of this agreement, as it not only fortifies the AMOD intellectual property portfolio but also demonstrates its ability to drive sustained value through both innovation and strategic partnerships-while underscoring its commitment to enforcing its IP rights when required.

AI-Powered Retail Expansion Targeting $75 Million in Annual Ad Revenue

On February 13th AMOD forecasted substantial growth as its partner, CashX, and began the large-scale deployment of its financial kiosks across a vast network of supermarkets beginning in California and Colorado. With a contracted deployment expected in approximately 10,000 locations, this initiative represents a transformational moment for AMOD and its investors.

"We see our AI technology revolutionizing the self-service financial kiosk industry, creating an entirely new revenue stream while providing critical services to millions of consumers," said AMOD CEO William Alessi. "With projected advertising revenue alone reaching $75 million annually, we plan on delivering scalable, high-margin revenue growth for our investors during the deployment period. This deployment is intended to solidify our market leadership and position Alpha Modus as the backbone of AI-driven financial automation in retail."

Each AMOD AI-powered CashX kiosk is expected to serve 1,250 unique visitors per month, reaching 150 million unique visits per year in the aggregate once all of the kiosks are fully deployed. This high engagement is projected to generate $75 million in annual ad revenue for Alpha Modus, significantly boosting Alpha Modus's financial outlook.

Strategic Reseller Agreement with GlobeTopper (Symbol: ASII), Expanding Revenue Opportunities in Prepaid and Digital Transactions

On February 10th AMOD announced a strategic reseller agreement with GlobeTopper (OTC: ASII), a premier platform for prepaid products and digital transaction solutions. This partnership should strengthen both the AMOD and ASII market positions and create new revenue streams through an innovative revenue-sharing model. For more information on ASII GlobeTopper visit www.globetopper.com/ [https://www.globenewswire.com/Tracker?data=qq_rJhaaCLgJamLqcCqgbPZKpRhnA_tKMjvxXlb5JfIoWoKGkiidH6G8h22EJiv5kAuNL1XF0UMc1VzZPtddHF3TWyuXH8GYpc2_o-Jk0TY=]. Under this agreement, AMOD gains the exclusive right to resell GlobeTopper's suite of digital transaction solutions-including prepaid cards, event tickets, cryptocurrency services, and remittance products-to a targeted network of retailers where CashX AI-powered kiosks are deployed. The integration of ASII CashX AI into AMOD technology ecosystem enhances the accessibility and automation of digital financial transactions, further differentiating the Company in the evolving retail technology landscape.

Alpha Modus CEO Addresses Market Volatility and Recent SPAC Merger

On January 30th Alpha Modus CEO William Alessi, issued a statement regarding company's strong fundamentals, ongoing growth strategy and commitment to delivering value to AMOD shareholders amidst what he described as "uninformed speculation" by certain market participants.

"The recent sell side activity targeting AMOD stock appears to be driven by misconceptions and a lack of understanding about our business and long-term strategy coupled with the 'de-SPAC norm,'" said Alessi. "This trend is emblematic of broader market dynamics in the SPAC environment, where some investors prioritize short-term speculation over informed, long-term investment. In recent years, it's been the norm to compete for the exit door as so many of these SPAC transactions had finance structures surrounding the de-SPAC that encouraged selling. Unlike most SPAC transactions in recent years, we worked diligently to secure prudent closing terms in our merger. We did not allow the issuance of commitment shares or warrants at a zero-cost basis that would otherwise incentivize selling. We did just the opposite. We painfully renegotiated existing sponsor side fees and reduced share issuances to the extent we could."

AMOD successfully transitioned from its SPAC merger to a publicly traded entity, a process that has unlocked new opportunities for growth and innovation. Despite these achievements, the CEO pointed out that management believes certain market players have underestimated the company's robust operational model, IP catalogue and significant pipeline of strategic initiatives.

For more information on $AMOD visit: alphamodus.com [http://alphamodus.com/]

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Disclosure listed on the CorporateAds website
Media Contact
Company Name: Alpha Modus Corp.
Contact Person: Investor Relations
Email: Send Email [http://www.universalpressrelease.com/?pr=royalty-settlement-in-patent-infringement-suit-with-new-strategic-partnership-formation-for-ai-marketing-tech-company-alpha-modus-corp-nasdaq-amod]
Phone: (704) 252-5050
Address:20311 Chartwell Center Dr Suite 1469
City: Cornelius
State: North Carolina
Country: United States
Website: https://alphamodus.com/

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