- RedCloud has established its Open Commerce Hub in New York City, to demonstrate the power of their technology to US-based FMCG brands.
- The brand will be showcasing its industry-leading platform on a number of high-profile television programs, including a ‘New to The Street’ segment.
- The showcase will allow FMCGs (Fast-moving Consumer Goods) in underserved markets to understand how RedCloud’s intelligent open commerce solution supports simple growth and uncovers new sales opportunities.
NEW YORK, July 24, 2023 (GLOBE NEWSWIRE) -- RedCloud Technologies is bringing its industry-leading AI-powered Intelligent Open Commerce Platform to New York for an intensive showcase. The brand has set-up an Open Commerce Hub in New York City, which will be used to demonstrate the power of its technology to FMCG brands across North America who are looking to expand their product reach across the fastest growing consumer markets. Designed to help FMCGs to tap into the $1 trillion product growth expected from emerging markets, RedCloud's Intelligent Open Commerce Platform supports underserved markets, such as LATAM and Africa; helping local merchants to access more stock at better prices and helping brands to uncover new growth opportunities and increase their understanding of, and influence within, the local supply chain.
RedCloud’s solution harnesses the power of artificial intelligence and machine learning to help retailers bypass the barriers of language and location commonly experienced in trade. Providing solutions that work alongside a company’s existing infrastructure, RedCloud provides innovative, intelligent tools that can result in accelerated sales and marketing growth without increasing costs.
As part of the US promotion, RedCloud has signed up to a partnership with Accel Media International LLC. This will see the brand featured on iconic billboards and television commercials, reaching an audience of 12M plus OutDoor and over 280,000 monthly TV viewers. Including an FMW Media’s 'New to The Street' television segment, which can be seen on various channels, including Bloomberg, as sponsored program. RedCloud’s leading experts will also be appearing on several American television shows throughout the coming months. They will be talking about the unique opportunities RedCloud’s Intelligent Open Commerce Platform brings.
Justin Floyd, CEO of RedCloud, states: ‘America has always been known as the home of opportunity; it's the place where the underdog gets a chance. At RedCloud, our aim has always been to level the playing field, to allow as many businesses and entrepreneurs to access the technology they need to succeed. So, New York feels like the perfect place to hold this showcase. ‘Our aim is to provide open commerce solutions for everyone – regardless of location or language. And with AI, language will no longer be a barrier. It can help sellers in places like Africa and Latin America to do business not only with their near neighbors, irrespective of their language, but with brands globally.’
About RedCloud Technology, Ltd.:
RedCloud is a global technology company, headquartered in London that is leveraging AI-powered technology to make global trade simpler.
RedCloud's Intelligent Open Commerce Platform connects FMCG Brands, Distributors, and Local Merchants on a single, equitable marketplace, empowering them with real-world insights and data to help them make better decisions.
RedCloud enables FMCG Brands to seize new opportunities in emerging markets, facilitates access to more buyers & streamlines operations for Distributors, and helps Local Merchants spend more time selling products, not searching for them. The company comprises a highly diverse, dynamic team of driven talented people from over twenty different countries, speaking multiple languages, with a physical footprint in Africa, Europe, and Latin America - https://www.redcloudtechnology.com/
About Accel Media International, LLC.:
Accel Media International company was formed in October 2019 to provide Out-Of-Home packages that include subway digital, street level, massive static, and digital billboards. AMI operates placements in six markets and packages in addition to long-form broadcast interviews with assorted partners nationwide, including the New to The Street business show.
About New to The Street:
New to the Street is an FMW Media production that operates one of the longest-running US and International sponsored and syndicated Nielsen Rated programming television brands, "New to The Street." Since 2009, New to The Street has run biographical interview segment shows across major U.S. television networks. The Nielsen Rated and sponsored broadcasts programming platform reaches millions of homes in the US and international markets. FMW's New to The Street / Newsmax televised broadcasting platform airs its syndication on Saturdays at 3:30 – 4:00 PM ET. The show also appears on Bloomberg and the FOX Business Network as sponsored programming. FMW is also one of the nation's largest buyers of linear television, long and short-form paid programming - https://www.newsmaxtv.com/Shows/New-to-the-Street, https://www.newtothestreet.com/ & https://www.youtube.com/watch?v=4-G2--mRQUw&t=14s.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology. However, not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at which such performance or results are achieved. No information in this press release should be construed as any indication whatsoever of the Company's future revenues, results of operations, or stock prices. This press release should be considered in all filings of the Companies contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.
CONTACT:
FMW Media Contact:
Monica Brennan
monica@NewtoTheStreet.com
1-917-330-2564
RedCloud Technology, Inc.
London, England Office
enquiries@redcloudtechnology.com
+44 (0) 207 754 3735
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5a56b9e1-b665-4e86-ad34-bc61307de2d2
