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Xalles Holdings Inc
Xalles Holdings to Acquire a 25% Stake in AI Firm WooSender
Business
Jan 18 2024
3 min read

Xalles Holdings to Acquire a 25% Stake in AI Firm WooSender


Xalles Holdings Inc. ("Xalles") (OTC Pink: XALL), a well-established holding company with a focus on innovative technology and financial services, today announced the execution of a share purchase agreement with WooSender Inc. (“WooSender”), a leading AI firm based in Philadelphia, PA. This strategic move allows Xalles to acquire a 25% stake in WooSender, marking a significant milestone in its expansion into the AI sector.

WooSender, renowned for its AI-driven solutions, with over 53,000 users, including small businesses and notable clients like the US Army. The company's services, which include SMS, Email, Live Chat, Phone Calls, and more, are designed to automate and enhance business communications and appointment scheduling. WooSender's compliance with HIPAA and its diverse features set it apart in the AI industry.

As part of this agreement, Xalles will provide WooSender with extensive business development support, particularly in larger markets. Additionally, Xalles will assist WooSender in crafting a business roadmap aimed at a future Initial Public Offering (IPO) on a major stock exchange.

Steve Garbesi, CEO of WooSender, commented, "This partnership with Xalles represents a significant leap forward for WooSender. Their support will be instrumental in our journey towards an IPO and in expanding our reach to larger markets."

Thomas Nash, CEO of Xalles Holdings, added, "WooSender's capabilities are a perfect complement to our subsidiary, AI Growth Hub. We are committed to expanding our AI footprint and applying AI technology across multiple vertical markets. We are impressed with what WooSender has already achieved and are excited to be part of their growth story."

The transaction is expected to be completed on or before February 14, 2024.


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, 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.


About WooSender, Inc.

WooSender, Inc. is at the forefront of AI technology, specializing in automated communication solutions for businesses. With a focus on enhancing customer engagement and streamlining sales processes, WooSender is revolutionizing how businesses interact with their clients. For more information, visit WooSender.com.

 

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Investor Relations Contact:

IR@xalles.com

IR: 202.779.1460

Xalles.com