Shelfie-Tech Launches AI Retail Platform, Raises CA$1.7M

Shelfie-Tech Ltd. (CSE: SHLF) (OTCQB: SHLFF) has announced the commercial launch of its new artificial intelligence (AI)-powered retail software platform, designed to transform retail data into real-time recommendations and actionable insights. The platform introduces a Call to Action layer that covers customer management, inventory and product availability, dynamic pricing, sales performance, and operational efficiency. The company intends to immediately offer the solution to its customers. This launch follows Shelfie-Tech’s acquisition of Aspect Ltd., a business intelligence and data analytics company specializing in AI and machine learning solutions for the retail sector. The integration is expected to expand Shelfie-Tech’s data capabilities and strengthen its retail technology offerings.

Shelfie-Tech also reported completing a common share offering that raised approximately CA$1.7 million at CA$1.78 per share. The combined company currently generates US$1.23 million in revenue and US$150,000 in net profit, with more than 30 recurring customers. Shelfie-Tech is targeting mid-sized, multibranch retail chains with a modular platform that enables businesses to implement specific AI-driven solutions and expand adoption over time. The company’s technology includes a robotic retail shelf monitoring system that uses proprietary software with machine learning and image processing algorithms to automatically optimize shelf inventory management.

For more information, the full press release is available at https://nnw.fm/p16uX. NetworkNewsWire, a specialized communications platform within the Dynamic Brand Portfolio @ IBN, disseminated the announcement. Investors can access the latest news and updates relating to SHLFF in the company’s newsroom at https://nnw.fm/SHLFF.