The merged entity will use the new funds to continue the development of the company’s advanced solutions for smart kitchen commerce while enforcing their IP rights in that field

Tel Aviv, Israel -- (ReleaseWire) -- 06/19/2019 -- IKAN, the builder of Ikan Grocery Scanner, the world's first voice-enabled grocery list builder, announced merger with Freshub, the leading independent smart kitchen commerce provider, in an all-stocks deal. Freshub is joining IKAN's portfolio of companies and will be called "Freshub, an IKAN company." The merger is backed by an $8M funding agreement to fund the further development of the merged company's smart kitchen commerce solution, while enforcing its IP rights based on representation by Kramer Levin in the United States.

With the growing popularity of voice assistants, smart kitchen appliances and other connected devices and the need for supermarkets to offer innovative and convenient shopping options to their customers, smart kitchen commerce is positioned for major growth in the near future. The merged company is planning to tap in to this trend and expand its activity in the space, looking to partner with the leading players, offering to help build the next generation of solutions while licensing its break through IP.

Bill Adam, CTO at IKAN was quoted as saying "We have been very impressed by what Freshub has achieved so far, building a state of the art smart kitchen commerce solution and partnering with many of the top players in this ecosystem. We believe that by adding Freshub to the IKAN family and integrating the IP assets of both entities, we'll be able to position ourselves as one of the major players in this space."

Iri Zohar, Freshub's founder, noted "We're super excited to join the IKAN family, becoming a part of the team that invented and brought to market the concept of smart kitchen commerce and voice based shopping far before all other players." Zohar added, "Under IKAN we're planning to take our solution and technology to the next level, continuing to offer innovative solutions in this space."

About IKAN
IKAN is the builder of Ikan Grocery Scanner, the world's first voice-enabled grocery list builder. With the Grocery Scanner, IKAN invented and brought to market the concept of smart kitchen commerce and voice based shopping. Long before the idea of voice based shopping was popular, IKAN conceived, developed and patented the idea of simplifying grocery shopping by allowing customers to create shopping lists while being active in their kitchen by simply speaking to their connected device. IKAN has continued to seek out and develop the latest in smart kitchen technology.

About Freshub
Freshub, is a leading business advisor, technology provider and systems integrator in the smart kit http://freshub.com/ hen commerce ecosystem. Freshub brings grocery retailers and appliance manufacturers together to make the smart kitchen a reality, offering consumers full access to online supermarkets via kitchen appliances such as connected microwaves, kitchen music players and smart bins. Consumers can add products to their digital shopping cart by simply waving the package in front of the appliance or using voice commands.

Website: www.freshub.com

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To enable shoppers of leading supermarkets in US and Europe to order grocery items directly from the kitchen via a dedicated TCL, voice-controlled, kitchen assistant

Tel Aviv, Israel -- (ReleaseWire) -- 11/29/2017 -- Smart Kitchen Commerce pioneer Freshub today announced it has formed a partnership with tech giant TCL, one of the world's largest consumer electronics brands, to market a Freshub-enabled voice-controlled personal assistant.

The accelerated momentum of IoT-enabled Smart Kitchen presented the grocery industry with the need to deliver a convenient seamless shopping experience, right from the kitchen. Freshub has rose to the challenge by integrating into the tablet TCL Xess mini, a 15.6 inch all-in-one Android device, so shoppers can enjoy a high quality screen, great sound as well as the most advanced shopping experience from the kitchen.

This partnership is designed to significantly impact the consumer's connected lifestyle and preferences. Consumers are growing increasingly accustomed to always being connected and able to communicate, and to manage and control pretty much every aspect of their lives everywhere, 24 hours a day. It should come as no surprise, then, that they're also increasingly interested in being able to shop anywhere, and at any time, and grocery retailers must consider IoT technology as a potential means to help them cater to these expectations, among other benefits.

"TCL Communication is thrilled to participate in this pioneering initiative. This partnership will allow TCL Communication to solidify its position in the field of Smart Home and Smart Kitchen, leveraging a new, most important layer of intimacy to our relationship with the consumers", says Marc Bernier, Area Director Central Europe, TCL Communication. "We appreciate Freshub's partnership with forward-thinking retailers across the US and Europe, and are happy to be part of this visionary ecosystem."

"TCL is fully aligned with Freshub's goal to connect grocery retailers directly to the consumer in the connected kitchen, and we are excited to make this happen in the U.S. and Europe," said Iri Zohar, CEO of Freshub. "Our collaboration is aiming to make the Smart Kitchen Experience possible for billions of consumers who look for new ways to conveniently shop grocery items, enjoy direct access to their online stores from the comfort of the kitchen, place orders using voice commands, scan product's barcodes or touch the screen to browse a range of leading supermarkets."

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The new funds will help Freshub fuel accelerated sales, marketing and execution of its product vision

Tel Aviv, Israel -- (ReleaseWire) -- 05/16/2017 -- Freshub, the pioneer of the Smart Kitchen Commerce solution today announced it has completed a multi-step Series A financing round, with the last step of $1.3M bringing the total amount raised under this series to $4M. This round was led by highly credible investors who bring strategic value to the company.

This round of investment positively coincides with the emerging recognition of Smart Kitchen Commerce as a mega market trend and will help Freshub to aggressively expand its sales and marketing efforts as well as enhance product development.

"We are very thrilled with the opportunities granted to us by our investors. We will use the funds to drive company growth via continued innovation in our technology and strengthen relationships with our partners" said Iri Zohar, CEO and founder, Freshub. "Both retailers and manufacturers are looking for ways to establish their presence in the Smart Kitchen. Freshub is well positioned to help them realize this vision."

Our technology provides consumers direct access to their grocery retailers of choice from the comfort of their own homes. This unique technology enables consumers to place grocery orders via natural voice commands, or by simply scanning desired grocery items in front of such display-enabled connected kitchen appliances as refrigerators, microwaves, counter top music players, coffee machines, and more. Freshub helps grocery retailers find the fastest, most cost effective way to secure a competitive edge and claim ownership of all food purchasing decisions – made in the kitchen – and allows appliance manufacturers to add Smart Kitchen Commerce functionality to their appliances, as well as opening up new sales channels and revenue streams.

About Freshub
Freshub is a leading business advisor, technology provider, and systems integrator in the Smart Kitchen Commerce ecosystem. Freshub brings grocery retailers and appliance manufacturers together to make the smart kitchen a reality, offering consumers full access to online supermarkets via kitchen appliances such as connected microwaves, kitchen music players, and smart bins. Consumers can add products to their digital shopping cart by simply waving the package in front of the appliance or via voice commands.

For more information visit http://www.freshub.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Company offers the only alternative to a voice-activated virtual assistant that allows consumers to order grocery products directly from their kitchen

Tel Aviv, Israel -- (ReleaseWire) -- 02/13/2017 -- Smart Kitchen Commerce pioneer Freshub today announced the launch of Freshub 2.0., capable of seamlessly links grocery retailers and connected appliance manufacturers with consumer kitchens, making the IoT-driven smart kitchen a reality.

Freshub offers consumers direct access to their grocery retailers of choice from the comfort of their own homes. This unique technology enables consumers to place grocery orders via natural voice commands, or by simply scanning desired grocery items in front of such display-enabled connected kitchen appliances as refrigerators, microwaves countertop music players, coffee machines and more.

"With the eGrocery market forecasted to grow to 9% of the market and to a value of $150 billion worldwide by 2025, many players are racing to introduce technology in the kitchen to capture every potential dime, grocery retailers simply cannot afford to lag behind," states Freshub CEO Iri Zohar.

"To maintain relevance and profitability, they must establish persistent brand presence in the emerging Smart Kitchen, make it easy for consumers to do their shopping right from their own kitchen, and secure as large a mind- and wallet-share for their brand as possible."

The first Freshub-enabled device is KitchenHub, manufactured by XtremeMac, a high-end touchscreen-enabled, voice-activated music player that comes bundled with an array of kitchen applications, including grocery shopping, music playback, recipe lookup, cooking timers, weather forecasts and more. Developed specifically to accommodate the unique needs and conditions of today's busy kitchen – dirty hands, wet surfaces and all – the device leverages enhanced UX (User Experience) and features a powerful

NUI (Natural User Interface) enabling users to interact with retailer systems via simple gestures and everyday human actions, such as scanning, touching and speaking out loud.

About Freshub
Freshub is a leading Smart Kitchen Commerce ecosystem business advisor, technology provider and systems integrator. The company brings grocery retailers and appliance manufacturers together to make the smart kitchen a reality, offering direct access to online supermarkets via such kitchen appliances as connected microwaves, countertop music players and smart bins. Consumers can add products to their digital shopping cart by simply scanning grocery items and packages in front of appliances or naturally issuing voice commands.

For more information, visit http://www.freshub.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm