QINGDAO, China,
June 29,
2022 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the
"Company" or "SOS") announced launch of the second batch of
mobile smart containers, which marks completion of phase I of its
Super-Computing and Hosting Center in Wisconsin. A total of 16 mobile
containers are expected to be operational in phase II, 4 of
which are expected to be operational in July of this year.
On June 27, the Company conducted
an open house event for the public to visit its Wisconsin super-computing center. The event
was very well attended and a video recording of the event can be
found on the company's website at
service.sosyun.com/sos_en/about.html.
Mr. Yandai Wang, CEO and Chairman of SOS, commented, "Mobile
smart containers bring new opportunities for us. We had a very
successful open house. We appreciate all the participants for their
over-whelming response. In the future, there will be more
opportunities for interested parties to observe our
operations."
About SOS Limited
SOS is a new high-tech company with artificial intelligence and
blockchain as its core technologies. Through core technologies such
as AI, block technology, satellite communication and big data, the
company provides digital technical services for emergency rescue,
big data marketing, international trade, digital assets and other
industries, and provides customers with one-stop digital overall
solutions. For more information, visit www.sosyun.com.
Forward-Looking Statements
Certain statements in this press release may constitute
"forward-looking statements" within the meaning of the Federal
Securities Act, including but not limited to our expectations of
future financial performance, business strategy or business. These
statements constitute forecasts, prospects and forward-looking
statements and are not performance guarantees. SOS warns that
forward-looking statements are subject to many assumptions, risks
and uncertainties that will change over time. Forward looking
statements may be identified by words such as "may", "can",
"should", "will", "estimate", "plan", "project", "forecast",
"intend", "expect", "predict", "believe", "seek", "target",
"Outlook" or similar words. Specifically, forward-looking
statements may include statements related to the following matters
of the company:
Ability to implement its business plan;
Changes in SOS product and service market; and
Expansion plans and opportunities.
These forward-looking statements are based on information
available as of the date of this press release and our management's
current expectations, forecasts and assumptions, and involve a
number of judgments, risks and uncertainties that may cause actual
results or performance to be materially different from those
expressed or implied by these forward-looking statements.
These risks and uncertainties include, but not are limited to,
the risk factors described by SOS in its filings with the
Securities and Exchange Commission ("SEC"). These risk factors and
those identified elsewhere in this press release, among others,
could cause actual results to differ materially from historical
performance and include, but are not limited to:
- Local government's policies and regulatory oversight of crypto
currency mining operation and our other operations;
- SOS's blockchian and supercomputing, commodity trading and
marketing solutions businesses are still under development, with
many uncertainties in the future direction and integration of these
various business segments;
- Failure to manage the newly launched commodities trading
business effectively;
- Loss of key customers in the commodity trading business;
- failure to access a large quantity of power at reasonable costs
could significantly increase SOS operating expenses and adversely
affect our demand for SOS's mining activities;
- any significant or prolonged failure in the data warehouse
facilities and data mining facilities that SOS operates or services
it provides, including events beyond its control, would lead to
significant costs and disruptions and would reduce the
attractiveness of its facilities, harm its business reputation and
have a material adverse effect on its results of operation;
- security breaches or alleged security breaches of our data
warehouses could disrupt SOS operations and have a material adverse
effect on its business, financial condition and results of
operation; uncertainty in global supply chain and international
shipping and
- other risks and uncertainties indicated in SOS's SEC reports or
documents filed or to be filed with the SEC by SOS.
Accordingly, forward-looking statements should not be relied
upon as representing our views as of any subsequent date, and you
should not place undue reliance on these forward-looking statements
in deciding whether to invest in our securities. We do not
undertake any obligation to update forward-looking statements to
reflect events or circumstances after the date they were made,
whether as a result of new information, future events or otherwise,
except as may be required under applicable securities laws.
View original
content:https://www.prnewswire.com/news-releases/sos-announces-the-launch-of-2nd-batch-of-mobile-data-centers-and-successful-open-house-event-301577807.html
SOURCE SOS Ltd.