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Xalles Holdings Inc. (“Xalles”) (OTC: XALL) is proud to present an update on the significant advancements and strategic growth of its Technology Business Group, which primarily focuses on Artificial Intelligence-oriented solutions, including existing companies AI Growth Hub and Adaptive Inc., as well as the previously announced upcoming WooSender transaction.
Embracing AI-Driven Solutions and Services
AI Growth Hub Integration:
Following the acquisition of AI Growth Hub in July 2022, Xalles has significantly expanded its AI capabilities. AI Growth Hub, now a core part of Xalles Technology Inc., specializes in machine learning advertising and customer experience enhancement, aligning with the projected $1.8 trillion AI market by the decade's end.
Adaptive Analytics' Strategic Role:
The acquisition of a stake in Adaptive Analytics has positioned Xalles to provide sophisticated AI-powered governance and control capabilities. This inclusion broadens Xalles' reach across multiple industries, particularly in sectors where data governance and compliance are crucial.
Expanding into AI Communication with WooSender:
The acquisition of a 25% stake in WooSender, to be closed by February 14, 2024, marks Xalles' foray into automated communication solutions. WooSender's AI-driven services, including SMS, Email, Live Chat, and Phone Calls, cater to over 53,000 users, including notable clients like the US Army.
Leveraging Industry Trends
Generative AI and Video:
The evolution of generative AI, especially in video, presents new opportunities. Xalles' subsidiaries can potentially enhance their solutions and services by integrating AI into various production processes.
Adaptive AI:
With the growing importance of adaptive AI, capable of learning and adapting in real-time, Xalles, through Adaptive Analytics, is positioned to offer more dynamic AI solutions to its clients, catering to industries like cybersecurity and financial services.
AI in Diverse Industries:
The impact of AI, particularly generative AI, is expected to be significant across various sectors. Xalles' subsidiaries are well-aligned to add value and innovation in these areas.
Talent Acquisition and Workforce Changes:
With AI reshaping workforce dynamics, Xalles faces the challenge and opportunity to attract and retain top talent in AI-related fields, such as data engineering and machine learning.
Strategic Growth and Future Outlook
Xalles is committed to leveraging its subsidiaries' unique strengths to address the evolving demands of the AI and technology sector. The group's focus on innovative AI solutions and adaptive AI technologies positions it at the forefront of industry trends. With ongoing initiatives, Xalles aims to enhance investor awareness and enable faster, cost-effective growth across its operating entities. Xalles expects to continue targeting unique AI-based companies that can be acquired using the Xalles RISE (Roll In, Selected Exit) business model, plus additional selected investments.
About Xalles Holdings Inc. (OTC Pink: XALL)
Xalles Holdings Inc. is a leading holding company, specializing in innovative technology and financial service solutions. Focused on growth and diversification, Xalles Holdings is committed to developing cutting-edge technology-based solutions across various sectors, and with an emphasis on supporting disruptive companies. Utilizing its proprietary Xalles RISE Business Model (Roll In, Selected Exit), the company actively seeks acquisition targets with solid management teams, robust business models, expansive total attainable markets (TAM), and enticing exit opportunities. Emphasizing the integration of blockchain and cutting-edge technologies, Xalles provides industry-leading solutions, poised to capture recurring revenue streams over time. Discover more at Xalles.com.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at SEC.gov and in OTC Markets at OTCMarkets.com.
Investor Relations Contact:
IR: 202.779.1460
