Business
JZZ Technologies, Inc. Receives Significant Increase in Valuation of Its Proprietary Database of over 35 Million Seniors
JZZ Technologies, Inc. Receives Significant Increase in Valuation of Its Proprietary Database of over 35 Million Seniors.
About this update from Ideal Group Of Companies Inc.
[{"type":"text","content":"Anderson, South Carolina--(Newsfile Corp. - May 18, 2022) - JZZ Technologies Inc. (OTC Pink: JZZI), a diversified technology company focused on digital media and strategic biotechnology acquisitions related to human life extension including human longevity (\"JZZ\" or the \"Company\"), is entering into a working relationship with North Brunswick, New Jersey-based DataBoss Inc. (\"DataBoss\") which is creating relationships with other anticipated entities to validate and enhance its proprietary marketing database of seniors for the purpose of licensing portions of the database to a number of Big Tech companies which are looking to expand their audience reach.JZZ Technologies, Inc., through its subsidiary Active Lifestyle, has been validating the marketing value of its database of over 35 million seniors. DataBoss has advised JZZ that it has independently valued the database at more than $3 per individual record. DataBoss, along with other entities with which it is creating relationships, will be assisting JZZ in licensing targeted portions of the database in blocks of several hundred thousand records per agreement to Big Tech companies over the coming quarters. JZZ anticipates that it will be generating revenues of approximately $1 million per month from the licensing agreements. As the database continues to be validated and additional seniors are added, JZZ anticipates substantial revenue growth generated from future licensing agreements.DataBoss, a leading data and technology company, was founded by Neel Sawant who serves its current president and CEO. Neel Sawant has over 30-years of International executive IT leadership experience. His expertise lies in identifying innovative, next generation products and solutions and undervalued companies with strategic synergies that can be leveraged for growth in a multi-billion-dollar market. His expertise lies in effectively combining culturally diverse subsidiaries and acquisitions with excellent business processes and strategy development skills. Mr. Sawant's approach is client centric, with the ability to initiate and grow profitable alliances with global vendors and suppliers. By applying this approach, he has successfully developed and sold a rollup corporation (Sii Group) which operated internationally. He presently focuses on M&A and helping companies list with major exchange...