ALFI Expands Roll-out of AI-Enabled Tablets with Rideshares in Miami
ALFI
Expands
Roll-out
of
AI-Enabled
Tablets with Rideshares in Miami
Company
expects the next phase of the roll-out to expand to approximately a
total of 10,000 tablets
Miami
Beach, FL / May
17,
2021 -- InvestorsHub NewsWire -- 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
the resumption of
its roll-out of its
AI-enabled tablets in Rideshares in
Miami
and 10
other major cities in the US.
The COVID-19 pandemic
delayed
the roll-out
of the
Alfi-enabled tablets
and
led to the development
by
the Company
of
version 2.0
of its
software which
is ready for immediate release.
Alfi is
excited to be partnering with the
Rideshare
community to provide an additional revenue opportunity for drivers.
As part of the roll-out, Alfi has provided local Miami businesses
30-days of free advertising to help support the reopening of the
economy.
"We
are very excited to accelerate the roll-out of our Alfi-enabled
tablets in Miami
and other US city
Rideshares,"
said
Charles
Pereira, CTO
of Alfi.
"Our team did an excellent job
launching the v 2.0 software which is fast, light and scalable
positioning it perfectly
for
the new demands placed on tablets that are used in public spaces
such as Rideshares.
Our v 2 software platform provides easy remote access for the brand
owner and highly interactive experiences for each user.
Alfi-enabled tablets
provide a source of revenue for the
driver
and allow
viewers
to
get the
content they
want,
and our advertising customers benefit from improved
engagement
and increased
consumer
interest
in
their product."
Miami-based
Rideshares
Alfi
is currently installed and operating on several hundred screens in
Rideshares serving Miami, The UK
and
Northern Ireland. The Company
has resumed
revenue
ramp up and installation of the
Alfi tablets in Rideshares and currently expects
the next phase of the roll-out to expand to approximately
a total
of 10,000 tablets.
Alfi has
created an enterprise grade, multimedia computer vision and machine
learning platform, generating powerful advertising recommendations
and insights. Multiple technologies work together in Alfi with
viewer privacy and reporting objectives as its
two
goals. Alfi solves the problem of providing real time, accurate and
rich reporting on customer demographics, usage, interactivity
and
engagement while never storing any personal identifiable
information. Alfi was designed to be fully compliant with all
privacy regulations including
the
General Data Protection Regulation, in Europe, California Consumer
Privacy Act, and the Health Insurance Portability and
Accountability Act.
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
Centurion Acquisition (NASDAQ:ALF)
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