The XENE Platform, powered by advanced AI technology, has the goal of creating a decentralized real estate marketplace, creating an all-in-one solution that brings banks, institutions, home builders, clients, agents, vendors, gig workers, and insurers into a seamlessly integrated and structured AI-driven environment. This development is expected to significantly save time and resources for all parties involved. The XENE Platform is designed to streamline property transactions and offer a cost-effective alternative to traditional buyers' agent models. The platform is expected to launch during the first quarter of 2024.
About
Safe Harbor Statement
Statements in this press release that are not strictly historical in nature are forward-looking statements. These statements are only predictions based on current information and expectations and include statements regarding the combined capabilities of the two companies being expected to provide long-term value creation well in excess of what either company was capable of doing on a standalone basis, the acquisition adding a new source of potential revenue, , the transaction immediately and in the long-term driving significant value to the Company’s shareholders, launching the XENE platform nationally, developing new products that can improve all facets of the financial real estate industry, the XENE Platform creating a decentralized real estate marketplace, creating an all-in-one solution that brings banks, institutions, home builders, clients, agents, vendors, gig workers, and insurers into a seamlessly integrated and structured AI-driven environment, the XENE Platform being expected to significantly save time and resources for all parties involved, the XENE Platform streamlining property transactions and offering a cost-effective alternative to traditional buyers' agent models, and the launch of the XENE during the first quarter of 2024. Actual events or results may differ materially from those projected in any of such statements due to various factors, including the Company’s ability to roll out the Xene platform as planned, the ability of the XENE Platform to transform the real estate landscape, the ability of the XENE Platform to bring together a diverse array of participants including brings banks, institutions, home builders, clients, agents, vendors, gig workers, and insurers into a seamlessly integrated and structured AI-driven environment, the ability of the XENE Platform to significantly save time and resources for all parties involved, the ability of the XENE Platform to streamline property transactions, the ability of the XENE Platform to provide a cost-effective alternative to traditional buyers' agent models and other factors discussed in the Company’s Form 10 registration statement and its subsequent filings with the
For investor relations and media inquiries, please contact:
Barwicki Investor Relations
Andrew@Barwicki.com
516-662-9461
Source:
2024 GlobeNewswire, Inc., source