ECGI Holdings Enhances Board with
Artificial Intelligence (AI) Expert Ahead of Allon Apparel
Launch
IRVINE, CA -- July 10, 2024 --
InvestorsHub NewsWire -- ECGI Holdings Inc. (OTC:
ECGI), a diversified holding company with a unique portfolio in
viticulture, hospitality and luxury fashion, is excited to announce
the addition of artificial intelligence (AI) and machine learning
expert Mandeep Singh to its Board of Advisors.
This strategic move aims to enhance ECGI Holdings' expertise as it
prepares for Pacific
Saddlery's launch of a new line of ready-to-wear equestrian
apparel under its Allon brand.
Singh has a distinguished career in AI, machine learning, and data
science. He brings a wealth of expertise that promises to drive
innovation and growth. He's held significant roles at Alation,
Antuit, Deutsche Bank, Capco, Bloomberg LP, and as the chief
scientist at Skryty, where he developed its machine learning
autonomous trading system. His hands-on experience will be
invaluable in helping Pacific Saddlery evaluate and implement
technologies to leverage AI precise body measurement solutions to
provide personalized fit recommendations, resulting in increased
conversion rates, reduced return rates, and enhanced customer
engagement and loyalty. These technologies can help minimize
size-related returns by 30%, accounting for up to 70% of online
returns.
With Singh's background in financial analytics from his time at
Deutsche Bank and Bloomberg LP, he'll contribute to optimizing
ECGI's financial performance. His experience will aid in
identifying new investment opportunities, managing risks, and
driving sustainable growth. Leveraging AI for financial analysis,
ECGI will be better positioned to make informed decisions and
achieve long-term financial stability.
Jamie Steigerwald, CEO of ECGI Holdings, shared his excitement
about the new advisory board appointment, stating: "We are thrilled
to welcome Mandeep to our Board of Advisors. This pivotal moment
marks a bold step forward for ECGI as we prepare to revolutionize
the luxury equestrian sector. With Mandeep's cutting-edge expertise
in AI and machine learning, we are poised to achieve extraordinary
advancements."
About ECGI
ECGI Holdings, Inc. is a diversified holding company with a
distinctive portfolio that spans the global $350 billion luxury
brands market. Our focus areas include viticulture, luxury fashion,
and the equestrian markets, which collectively represent
significant growth opportunities.
In viticulture, ECGI owns and manages Vintner's Caldera Ranch, a
five-acre vineyard in Lake County, California, specializing in
Petite Sirah. This bold and rich wine caters to the $252 billion
global luxury wine market's growing demand for unique, high-quality
experiences. Additionally, Vintner's Caldera Ranch serves as an
exclusive short-term rental, tapping into the $121 billion
short-term rental market, and offering a unique and immersive wine
experience for discerning enthusiasts.
In the fashion and equestrian sectors, ECGI has strategically
invested in Pacific Saddlery, a premier manufacturer and retailer
in the $6.5 billion equestrian apparel market and the $11 billion
equestrian equipment market. The integration of luxury fashion with
equestrian needs underscores our commitment to delivering
sophistication and innovation.
This unique blend of investments in wine, fashion, and equestrian
markets highlights ECGI Holdings' dedication to positioning itself
as a distinctive player at the intersection of viticulture and
luxury lifestyle.
For additional information, please contact us at info@ecgiholdings.com.
Forward-Looking
Statements
This release contains "forward-looking statements" within the
meaning of the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995. Forward-looking
statements may also be included in other publicly available
documents issued by the Company and in oral statements made by our
officers and representatives from time to time. These
forward-looking statements are intended to provide management's
current expectations or plans for our future operating and
financial performance, based on assumptions currently believed to
be valid. They can be identified by the use of words such as
"anticipate," "intend," "plan," "goal," "seek," "believe,"
"project," "estimate," "expect," "strategy," "future," "likely,"
"may," "should," "would," "could," "will" and other words of
similar meaning in connection with a discussion of future operating
or financial performance. Examples of forward-looking statements
include, among others, statements relating to future sales,
earnings, cash flows, results of operations, uses of cash and other
measures of financial performance.
Because forward-looking statements relate to the future, they are
subject to inherent risks, uncertainties and other factors that may
cause the Company's actual results and financial condition to
differ materially from those expressed or implied in the
forward-looking statements. Such risks, uncertainties and other
factors include, but are not limited to, economic conditions,
changes in the laws or regulations, demand for products and
services of the Company, the effects of competition and other
factors that could cause actual results to differ materially from
those projected or represented in the forward-looking statements.
Any forward-looking information provided in this release should be
considered with these factors in mind. We assume no obligation to
update any forward-looking statements contained in this report.
For more information, please
contact:
Jamie Steigerwald
jamie@ecgiholdings.com
SOURCE: ECGI HOLDINGS, INC.