Calverton, New York, Aug. 24, 2021 (World NEWSWIRE) — In a significant enlargement of the Enterprise, JZZ Systems Inc. (OTC Pink: JZZI) ideas to raise the scope of its company by pursuing a vertical integration system focused on the acquisition of biotechnology and bioscience providers, products, and products and services relevant to Human Lifetime Extension and Human Longevity.
JZZ Technologies, Inc. will go on to build its flagship digital media platforms, solutions, and companies, leveraging its belongings that guidance its concentrate on viewers of lively older people age 55+. The cooperative attempts involving the firms may perhaps incorporate contractual agreements to co-develop, distribute, or marketplace merchandise or products and services and to license opportunities for patented or Intellectual Home (IP) acquired or designed by JZZ Technologies, Inc.
The Human Lifetime Extension and Human Longevity market place align with equally JZZ Technologies Inc.’s company pursuits and its plans to positively impression the lives of the developing senior population. The products and solutions and services emerging from this sector are currently being heralded for their potential to make improvements to daily life excellent and the common human lifespan. In accordance to marketplace chief CALICO’s recent push releases “aging is the most essential unsolved difficulty in biology.” (1)
“There is a variety of renaissance having location in biotechnology and the anti-getting older sector, whereby the biosciences have merged with biotechnology supplying way to new technologies, genomes, and new goods that may increase all of our futures.”, suggests Charles Cardona, CEO of JZZ Technologies, Inc. “The Methuselah Foundation, a longevity-concentrated nonprofit, describes its mission as, “Making 90 the new 50 by 2030.” (2) That is just 8 a long time away.”
Commenting on the corporate expansion approach, Cardona explains, “This is a significant sector that is dealing with lifestyle-modifying breakthroughs. We believe that that a small business model making use of our interactions in biotechnology and the biosciences mixed with media platforms that arrive at an getting older inhabitants is an innovative organization mixture. We are concentrating our initiatives on buying companies and distribution, promoting, and licensing of products and novel thoughts connected to Human Life Extension and Human Longevity. These are two locations that depict constructive adjustments for our concentrate on viewers as they age. At the exact time, these markets offer some of the best prospective for returns to our shareholders.”
Current information bears out that this is an huge, trending industry that is dealing with unprecedented advancement. For instance, the worldwide anti-growing old industry alone is set to endure an 8.1% CAGR in the course of 2020–2030, to increase from $191.5 billion in 2019 to $421.4 billion throughout that period, according to P&S Intelligence.
In addition, major know-how firms and visionary investors are greatly backing the advancement of this emerging sector. Google, for occasion, has invested above $1 Billion to date in a “Longevity Lab” referred to as CALICO (quick for the California Lifetime Corporation) (3). Likewise, Amazon founder Jeff Bezos has invested intensely in San Francisco-based mostly UNITY Biotechnology, to title just two entrance–runners.
Crucial gamers in the world wide anti-ageing current market incorporate main makes and newcomers establishing novel treatments and systems. Their emphasis ranges from skincare in firms like:
- Nu Skin Enterprises Inc.,
- Candela Corporation,
- The Procter & Gamble Organization,
- Hologic Inc.,
- House Skinovations Ltd.,
- Allergan plc,
- L’Oréal SA,
- Age Sciences Inc.,
- and The Estée Lauder Companies Inc.,
To therapeutic, therapy, and sophisticated sciences these kinds of as:
- Orlane S.A.,
- Alma Lasers Ltd.,
- Lumenis Ltd.,
- Panasonic Company,
- Koninklijke Philips N.V.,
- Spectrum Brand names Holdings Inc.,
- Amorepacific Corporation,
- Conai and
- Magnificence Bioscience Inc.
JZZ Systems, Inc. has no intention of diluting its recent share framework beneath any contemplated transactions for the acquisition of Biotechnology and Bioscience providers. In its place, management direct by CEO Charles Cardona and freshly appointed CFO Ms. Deirdrea Renwick are already developing strategies to utilize its inventory as currency with alternatives and warrants, these kinds of as limited common shares, to attain any contemplated transactions that could significantly expand the small business. Additionally, to use its inventory as currency, the corporation has retained an outside marketing consultant to help in negotiating a extra typical form of lending. These cash are more standard loans and will transfer the corporation away from the use of equity for the growth.
In anticipation of the enlargement, JZZ Technologies Inc. is getting ready the essential filings to streamline up-listing to a far more senior exchange when the Enterprise satisfies the money status and share selling price specifications for up-listing qualification. In preserving with its main small business design, which is a betterment of daily life for all, and specifically the 55-furthermore age team, the management crew is targeted on all possibilities to greatly enhance shareholders’ values both equally in the in the vicinity of and specifically in the lengthier expression.
(1) https://www.technologyreview.com/2016/12/15/69305/googles-prolonged-unusual-everyday living-span-vacation/
About JZZ Systems, Inc.
JZZ Systems, Inc. is a diversified technologies organization rolling up initiatives and partnerships in two distinctive small business sectors that operate cohesively its digital media business enterprise incorporates on-line media and apps (activelifestylemedia.com), written content creation, digital advertising, streaming video articles, publishing, and absolutely free around-the-air television (EyeOnTV) targeted at active adults 55+. The Company’s other enterprise is concentrated on strategic biotechnology and bioscience acquisitions related to Human Lifetime Extension and Human Longevity that can be right away leveraged to guidance enhanced high quality of lifetime for aging populations.
DISCLAIMER and Ahead-Hunting STATEMENTS
Particular statements contained herein are “forward-seeking” statements (as these types of time period is outlined in the Private Securities Litigation Reform Act of 1995). Since this sort of statements incorporate threats and uncertainties, precise benefits may differ materially from those expressed or implied by such forward-looking statements. This press release might have particular ahead-hunting statements in just the this means of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Trade Act of 1934, as amended, and such Forward-Looking Statements are supposed to be covered by the safe harbors made thus. Buyers are cautioned that all forward-on the lookout statements entail pitfalls and uncertainties. All statements other than statements of historical actuality in this announcement are ahead-looking statements, together with but not minimal to the viability of the company’s business enterprise options, the effect of acquisitions on our profitability, the success, profitability, and the marketability of the Company’s items the Company’s potential to shield its proprietary info common financial and company problems the volatility of the company’s working final results and economical issue and other hazards thorough in the Firm’s filings with the Securities and Trade Commission. These forward-wanting statements include identified and unknown hazards and uncertainties and are dependent on present-day expectations, assumptions, estimates, and projections about the company and the business. The Enterprise undertakes no obligation to update ahead-looking statements to mirror subsequent happening situations or situation or to improvements in its expectations, apart from as could be demanded by legislation. Even though the firm thinks that the expectations expressed in these forward-looking statements are affordable, administration are not able to guarantee the general public that their expectations will switch out to be right. Buyers are cautioned that genuine success may perhaps vary materially from the predicted success.
Make contact with:
JZZ Technologies, Inc.
Charles Cardona, CEO
E mail: [email protected]
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