AMOD ALPHA MODUS HOLDINGS INC

Alpha Modus Sues Walgreens for Patent Infringement, Strengthening Its Leadership in AI-Driven Retail Innovation

Alpha Modus Sues Walgreens for Patent Infringement, Strengthening Its Leadership in AI-Driven Retail Innovation

CORNELIUS, N.C., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. (Nasdaq: AMOD) (“Company”) announced today that its wholly owned subsidiary, Alpha Modus, Corp. (“Alpha Modus”), has filed a patent infringement lawsuit that also alleges willful infringement against Walgreens Co. (“Walgreens”) in the United States District Court for the Eastern District of Texas. This legal action underscores Alpha Modus’s unwavering commitment to protecting its groundbreaking AI-driven retail technology and further solidifies its leadership in the rapidly evolving retail innovation landscape.

Championing Innovation and Protecting Shareholder Value

Alpha Modus has transformed AI-powered retail engagement with its extensive patent portfolio, including its latest—its ninth AI patent. Alpha Modus’s patented solutions are designed to enhance consumer experiences, improve retail efficiency, and boost revenue for retailers and brands.

“We believe our technology is currently being used by scores of brands, retailers and technology providers. Our research demonstrates that, as a result, damages due Alpha Modus far exceed an estimated $500 million and could easily run into the billions over the life of our patents. This lawsuit is a necessary step to protect our intellectual property and uphold fair competition,” said Alpha Modus CEO William Alessi.

Alleged Patent Infringement Details

Walgreens allegedly willfully infringed on Alpha Modus’s patented AI-driven retail technology, which enhances in-store shopping through data-driven insights, interactive advertising, and consumer engagement tools. Walgreens’s deployment of Cooler Screens digital smart screens in its stores mirrors the innovations protected under Alpha Modus’s patents, necessitating this legal action.

A Pattern of Defending Innovation

This lawsuit follows recent actions Alpha Modus has taken against major retailers and technology providers, including Kroger, Cooler Screens, Wakefern, Shelf Nine LLC, VSBLTY Groupe Technologies, Brookshire Grocery, and Grocery TV. These cases reflect Alpha Modus’s commitment to protecting its technology and securing rightful recognition of its innovations. The first of these cases is set for trial in November 2025.

Meanwhile, Walgreens finds itself entangled in another legal dispute, with Cooler Screens recently filing a $200 million lawsuit against the pharmacy giant over alleged contract breaches related to digital smart screens deployed by Cooler Screens. Cooler Screens was co-founded by Greg Wasson, former CEO of Walgreens Boots Alliance. The Company’s understanding is that Wasson, through Wasson Enterprises, funded the startup of Cooler Screens and helped deploy Cooler Screens technology throughout Walgreens. These ongoing legal challenges between Walgreens and Cooler Screens further reinforce the strategic importance of Alpha Modus’s claims and the value of its intellectual property.

Market Confidence and Unprecedented Momentum

Alpha Modus’s firm stance on intellectual property aligns with its broader strategic vision, as reaffirmed in a recent press release by CEO William Alessi. That announcement on January 30, 2025, which addressed Alessi's perspective on uninformed or ill-informed speculation in the Company’s stock, market volatility and Alpha Modus’s successful SPAC merger, triggered an unprecedented surge in AMOD stock trading volume, leading to AMOD stock trading over 25 times its public float—demonstrating strong investor confidence in the Company’s ability to achieve its long-term growth objectives.

“Alpha Modus remains committed to redefining retail technology,” added Alessi. “We are dedicated to delivering shareholder value, and this lawsuit reaffirms our commitment to innovation, fairness, and growth.”

About Alpha Modus

Alpha Modus Holdings, Inc. (Nasdaq: AMOD) is a pioneering technology company specializing in AI-driven retail solutions. The Company’s patented technologies optimize consumer engagement, enhance in-store experiences, and drive measurable returns for retailers and brands. For more information, visit

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Alpha Modus’s actual results may differ from their expectations, estimates, and projections, and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements, but are not the exclusive means of identifying these statements. These forward-looking statements include, without limitation, Alpha Modus’s expectations with respect to future performance.

Alpha Modus cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Alpha Modus does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.

Contacts

Alpha Modus Holdings, Inc.

Investor Relations



+1(704)252-5050

Follow us on

Follow us on



EN
04/02/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on ALPHA MODUS HOLDINGS INC

 PRESS RELEASE

Alpha Modus Holdings Inc. (NASDAQ: AMOD) Eliminates Variable Rate Debt...

Alpha Modus Holdings Inc. (NASDAQ: AMOD) Eliminates Variable Rate Debt and Finalizes Capital Structure Cleanup CHARLOTTE, N.C., July 24, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings Inc. (NASDAQ: AMOD), a pioneer in AI-driven retail technology, is pleased to announce a significant milestone in its ongoing commitment to long-term shareholder value. As of today, the Company confirms that all variable rate debt associated with the DESPAC process has been fully resolved and extinguished. This achievement marks the culmination of a strategic initiative that has been central to Alpha Modus’...

 PRESS RELEASE

Alpha Modus (NASDAQ: AMOD) Secures Exclusive National Rights to Deploy...

Alpha Modus (NASDAQ: AMOD) Secures Exclusive National Rights to Deploy CashXAI's AI-Driven Financial Kiosks—Aimed to Serve 60M+ Underbanked in America CORNELIUS, N.C., July 23, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings Inc. (NASDAQ: AMOD), an innovator in AI-driven retail solutions, today announced a landmark agreement with CashXAI, Inc. and CashX, LLC, granting Alpha Modus exclusive nationwide licensing rights to deploy and monetize all CashX kiosks and mobile applications across the U.S.—superseding all prior deals. This sweeping agreement empowers Alpha Modus as the sole fulfillme...

 PRESS RELEASE

Alpha Modus CEO Family Commits Initial $1.5M in Strategic Financing (a...

Alpha Modus CEO Family Commits Initial $1.5M in Strategic Financing (at $5 Fixed Strike Conversion Price) Strengthens Company’s Capital Position Ahead of Major Growth Initiatives CHARLOTTE, N.C., July 15, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings Inc. (NASDAQ: AMOD), a technology company focused on artificial intelligence (AI)-driven retail transformation, today announced that one of the affiliated family trusts of its Chief Executive Officer has initiated a $1.5 million financing commitment to support the company’s upcoming growth and commercialization efforts. This initial capital ...

 PRESS RELEASE

Alpha Modus (NASDAQ: AMOD) Receives Confirmation of Listing Transfer t...

Alpha Modus (NASDAQ: AMOD) Receives Confirmation of Listing Transfer to Nasdaq Capital Market, Confirms NASDAQ Compliance, Defends Capital Integrity, and Asserts Preservation of Once-in-a-Generation Asset CORNELIUS, N.C., July 10, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings Inc. (NASDAQ: AMOD; the “Company”), a pioneer in AI-driven retail technology, today announced that it has received approval from Nasdaq to transfer the listing of its securities to the Nasdaq Capital Market, and Nasdaq’s notice to the Company, dated July 10, 2025, states that the listing transfer resolves the Company...

 PRESS RELEASE

Alpha Modus Awarded New U.S. Patent Strengthening Its AI Retail Techno...

Alpha Modus Awarded New U.S. Patent Strengthening Its AI Retail Technology Portfolio Poised for Immediate Commercial Deployments and Licensing Opportunities CORNELIUS, N.C., July 09, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. (NASDAQ: AMOD), a pioneer in AI-powered retail technology and data-driven innovation, is pleased to announce the issuance of U.S. Patent No. 12,354,121, effective July 8, 2025. This patent strengthens Alpha Modus’s intellectual property position in the fast-evolving in-store technology space, particularly in areas related to real-time shopper engagement, d...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch