JZZ Technologies, Inc. Provides a Corporate Update From the CEO

Company CEO Charles Cardona provides an update on the activities of JZZ Technologies, Inc. as it launches into new areas and introduces new products in Q1 - 2022.

Anderson, South Carolina--(Newsfile Corp. - February 2, 2022) -  JZZ Technologies Inc. (OTC PINK: JZZI) CEO Charles Cardona provides the following update on corporate activities for the First Quarter of 2022:

The Company is making significant advances in all areas that are expected to have a positive impact on its revenues and valuation in the coming year. Many of these are the result of considerable efforts by the Company over 2021 and are now yielding results. These include expanded operations, completed acquisitions, the closing of new funding, and corporate strategies that will position the Company for new opportunities in 2022 and beyond.

The Company had announced it reached a Letter of Intent, dated November 30, 2021, whereby JZZ Technologies, Inc. will acquire 100% ownership of the life sciences company Life Factor Research of Medford, Oregon, including its formulations, research, products, and manufacturing operations. Subsequently, JZZ Technologies' management has been able to secure funding in support of the acquisition and the expansion of operations. Based on the successful financing, which is expected to be completed during the first quarter of 2022, the Company expects to close on the Life Factor Research purchase agreement during Q1 2022.

Along with the Life Factor Research acquisition, JZZ Technologies, Inc. expects to immediately expand its operations with Life Factor Research and produce new product offerings in the US. These will be supported through a strategic roll-out of product under the oversight of Charles Layton as the new head of operations of the Life Sciences divisions. Charles Layton, who joins the Company from Life Factor Research group, has a considerable history in the life sciences field and is a capable manager ready to lead these efforts.

One of the key drivers of product introductions and sales will be JZZ Technologies, Inc.'s internal marketing efforts through its media platforms and leading social media channels. The Company is kicking off new marketing programs to support the introduction of innovative new products and existing product lines in the vitamin and nutraceutical categories. These products will gain broad national exposure through the use of social media marketing, email marketing, and non-paid media review.

As part of its consideration of expansion into the life sciences and biotechnology sector, JZZ Technologies, Inc. management has decided to relocate its corporate headquarters to the city of Anderson, South Carolina. This move will add many important advantages, and management expects to be proactive prior to establishing any physical, manufacturing, or operations of its new businesses.

South Carolina is a popular corporate location that consistently ranks as one of the Top Five states to do business in the nation. Its unique position midway between New York and Miami makes South Carolina's integral transportation system easy to reach East Coast markets, as well as international markets. It also boasts a skilled and productive technical workforce with one of the lowest unionization rates in the country.

In addition, South Carolina is recognized as a popular jurisdiction for foreign direct investment. The state is home to more than 1,200 operations of international companies, including:

  • BMW
  • Colite
  • GKN Aerospace
  • Honda
  • Morrison Textile Machinery
  • Nephron
  • Nutramax Laboratories
  • Samsung
  • Star EV
  • The Boeing Company
  • Volvo

"The many advances taking place in JZZ Technologies, Inc. are very encouraging," states Charles Cardona. "Our closing of the Life Factor Research acquisition and the new funding will put us on the map in the life sciences and biotechnology space. We will be immediately bolstering our capabilities to produce new products and expand our production."

JZZ Technologies, Inc. is in an excellent position as we kick off 2022, and we are looking forward to our next-stage developments. "At the same time, our new marketing initiatives mean that we will be entering the market with new and existing products in the vitamin and nutraceutical space that will be very well supported. These efforts are expected to showcase our strategy of becoming a research, development, and manufacturing company with integrated sales and marketing capabilities," Cardona adds.

About JZZ Technologies, Inc.

JZZ Technologies, Inc. is a diversified technology company rolling up projects and partnerships in two distinct business sectors that operate cohesively; its digital media business includes online media and apps (activelifestylemedia.com), content creation, digital marketing, streaming video content, and publishing targeted at active adults 55+. The Company's other business is focused on strategic biotechnology and bioscience acquisitions related to Human Life Extension and Human Longevity that can be immediately leveraged to support improved quality of life for aging populations.

DISCLAIMER and FORWARD-LOOKING STATEMENTS

Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such Forward-Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the company's business plans, the effect of acquisitions on our profitability, the effectiveness, profitability, and the marketability of the Company's products; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the company's operating results and financial condition; and other risks detailed in the Company's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates, and projections about the company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances or to changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that their expectations will turn out to be correct. Investors are cautioned that actual results may differ materially from the anticipated results.

Contact:
JZZ Technologies, Inc.
Charles Cardona, CEO

Email: ccardona@jzztechnologies.com
Website: https://www.jzztechnologies.com/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/112469

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