Datasea Announces Business Cooperation Agreement with Unicorner to Expand Distribution in the U.S.
March 22 2022 - 9:00AM
Datasea Inc., (NASDAQ: DTSS) ("Datasea" or the "Company"),
incorporated in Nevada in September 2014, is a digital technology
corporation engaged in three converging and innovative business
segments: 5G messaging, acoustic intelligence and smart city
technology in China. Today, the Company announced that it has
entered into a one-year business cooperation agreement with
Unicorner LLC("Unicorner"), a company that possesses the
comparative advantages on supply chain management such as
procurement, logistic, warehousing, marketing, and sales on the
sterilization industry in the United States and serves customers
such as AT&T, Staple, Marriott, CVS, and Walgreen.
The new partnership leverages the respective
strengths of Datasea and Unicorner to create compelling value for
both companies. Datasea will provide various acoustic intelligence
products and technical support to Unicorner. Unicorner will utilize
and share its over twenty years of experience in U.S. operations
and internal expertise and external resources to help Datasea
expand product distribution primarily in the U.S. market.
"Our business cooperation with Unicorner is an
efficient way to bolster our participation in the fast-growing and
attractive U.S. acoustic intelligence category, also the first step
of a strategic global anchor and unlock value followed by
establishing a subsidiary and the research center. This partnership
aligns us with a trusted local distributor, brings benefit to our
Company, and supports broader commercial strategies with our
customers in the global market," said Zhixin Liu, the CEO of
Datasea, "as we look to expand across the globe, I'm delighted to
commence the new phase with the relationship with Unicorner. We
have shared a vision to provide high-quality acoustic intelligence
products to consumers in the U.S. and help people live better
lives. Datasea focuses on delivering seamless services supported by
technology while creating sustainable value for our
shareholders."
About Datasea Inc. Datasea Inc.,
through its variable interest entity, Shuhai Information Technology
Co., Ltd., a digital technology company in China, engages in three
converging and innovative industries: smart city, acoustic
intelligence and 5G messaging. Datasea leverages facial recognition
technology and other visual intelligence algorithms, combined with
cutting-edge acoustic and non-visual intelligence algorithms, to
provide smart city solutions that meet the security needs of
residential communities, schools and commercial enterprises. Most
recently, in response to the growing utilization of 5G technologies
and the overall initiative to utilize Datasea’s technology
capabilities to expand business coverage and revenue resources,
Datasea has also strategically expanded business coverage to 5G
messaging and smart payment solutions. Datasea has been certified
as one of the High Tech Enterprises (jointly issued by the Beijing
Science and Technology Commission, Beijing Finance Bureau, Beijing
State Taxation Bureau and Beijing Local Taxation Bureau) and one of
the Zhongguancun High Tech Enterprises (issued by the Zhongguancun
Science Park Administrative Committee) in recognition of the
company’s achievement in high technology products. For additional
company information, please visit: www.dataseainc.com. Datasea
routinely posts important information on its website.
Cautionary Note Regarding Forward-Looking
Statements This press release contains forward-looking
statements within the meaning of Section 21E of the Securities
Exchange Act of 1934 and as defined in the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can
be identified by terminology such as "will", "expects",
"anticipates", "future", "intends", "plans", "believes",
"estimates", "target", "going forward", "outlook," “objective” and
similar terms. Such statements are based upon management's current
expectations and current market and operating conditions, and
relate to events that involve known or unknown risks, uncertainties
and other factors, all of which are difficult to predict and which
are beyond Datasea's control, which may cause Datasea's actual
results, performance or achievements (including the RMB/USD value
of its anticipated benefit to Datasea as described herein) to
differ materially and in an adverse manner from anticipated results
contained or implied in the forward-looking statements. Further
information regarding these and other risks, uncertainties or
factors is included in Datasea's filings with the U.S. Securities
and Exchange Commission, which are available at www.sec.gov.
Datasea does not undertake any obligation to update any
forward-looking statement as a result of new information, future
events or otherwise, except as required under law.
Datasea investor and media
Contact:International Elite Capital Inc. Vicky
ChuengTelephone: +1(646) 866-7989 Email:
datasea@iecapitalusa.com
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