INEO Tech appoints Eugene Syho to its Board as Independent Director

– CANADA, Surrey –  INEO Tech Corp. (TSX: INEO | OTC: INEOF), the innovative developer and operator of the INEO Media Network, a digital advertising and analytics solution for retailers, today announced the appointment of Eugene Syho to its board as an independent director, effective December 29, 2022.

“We are very excited to welcome Eugene to INEO’s Board of Directors. Eugene’s career as an executive overseeing Finance, Human Resource, Supply Chain, and IT functions, gives him a wealth of experience and perspective in multiple aspects of the business. We are extremely happy to be adding Eugene to our team as he brings a new set of skills and a wide range of experience to INEO, which will be a tremendous benefit to the Company as we continue to grow larger and expand globally,” said Board Chairman, Greg Watkin.

Eugene Syho will also join the Audit Committee.

About Eugene Syho

Eugene Syho is a seasoned finance executive with over 25 years of proven financial management experience across many diverse industries. He was CFO of multiple businesses ranging from publicly traded technology companies listed on the TSX to privately owned industrial manufacturing companies. Most recently, Mr. Syho was the CFO of Army and Navy Group, a privately owned retail and real estate company, Syscon Justice Systems Ltd., a private equity-owned technology company, and Norsat International Inc., a TSX-listed technology company that was sold to private interests in 2017. With a professional background in finance and accounting, Mr. Syho is a Chartered Professional Accountant and has an Executive Master’s degree in Business Administration from Simon Fraser University.

Mr. Syho said, “I am pleased to join the INEO Board at such an exciting time when the Company is entering its next phase of rapid expansion. INEO represents a unique opportunity being at the forefront of the retail media space, and I look forward to working with the INEO team to continue to grow the business.”

About INEO Tech Corp.

INEO Tech Corp., through its wholly-owned subsidiary, INEO Solutions Inc., operates the INEO Media Network, a digital advertising and analytics solution for retailers. INEO’s patented technology integrates and monetizes digital screens with theft detection sensor gates at the entrance of retail stores. The Company’s cloud-based platform uses IoT and AI technology to deliver customized digital advertising to each retail location based on the demographic mix, such as age and gender, of customer traffic at each location. The Company also deploys the INEO Welcoming Network technology through a SaaS-based solution to larger retail chains. INEO is headquartered in Surrey, Canada.

For more information: https://www.ineosolutionsinc.com/

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