Anderson, South Carolina--(Newsfile Corp. - August 15, 2022) - JZZ Technologies Inc., (OTC Pink: JZZI) ("JZZ" or the "Company"), a diversified technology company focused on digital media and strategic biotechnology acquisitions related to human life extension, including human longevity, has created a new division to participate with experienced industry parties in the development of Commercial and Residential Properties especially designed for Seniors age 50+.
The Company will leverage its current assets and relationships with new strategic business relationships to build out a division working with such business relationships dedicated to designing, building, financing, and developing independent and assisted living spaces in the Southeastern United States.
The projects may include, but are not limited to:
- Residential housing
- Commercial projects
- Assisted living facilities
- Independent living facilities
- Dedicated veterans housing
- Entertainment facilities
- Support service facilities
Recent figures from the US Census Bureau from 2019 indicate that there are now nearly 120 million Americans over the age of 50. This group has specific concerns about their residential needs, aging, mobility, and life care not found among younger demographics. The data also shows that this group controls over 84% of the wealth in the United States.
Charles Cardona, CEO of JZZ technologies, Inc. stated, "It has been our vision since the creation of our Active Lifestyle platform participate with experienced industry parties to coordinate the design, finance and building of housing projects designed around, and for, modern senior lifestyles. This means age-appropriate services and activities that help our aging population to maintain independence and enjoy a better quality of life."
Cardona adds, "We are forming several business relationships with key industry players who are very experienced in this area and bring a wealth of opportunities to the table. Together, we can leverage our collective assets to bring these new facilities to life."
The residential and housing sector dovetails well with the JZZ Technologies' Active Lifestyle marketing efforts which have attracted the attention of several major existing developers in the field looking to expand. JZZ plans to capitalize on this nearly $1 Trillion growing industry with multiple opportunities in the Southeastern United States.
About JZZ Technologies, Inc.
JZZ Technologies, Inc. is a diversified technology company engaged in the following three distinct business sectors: (i) its digital media business which includes online media and apps (activelifestylemedia.com), content creation, and digital marketing, targeted to active adults 55+, (ii) strategic biotechnology and bioscience related to Human Life Extension and (iii) Human Longevity that can be immediately leveraged to support improved quality of life for the senior population. For more information, please visit www.jzztechnologies.com.
Press Contact:
JZZ Technologies, Inc.
Charles Cardona, CEO
ccardona@jzztechnologies.com
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; and the volatility of the Company's operating results and financial condition. 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.
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