SKYX Achieves Historic U.S.
Standardization Approval Vote – a Major Milestone Towards Mandatory
Status for Safety of Consumers and Professionals
Miami, FL -- August 9, 2022 --
InvestorsHub NewsWire -- SKYX Platforms Corp.
(NASDAQ:
SKYX) (d/b/a "Sky Technologies") ("SKYX," "we" or "the
Company"), a highly disruptive platform technology company, with
over 60 issued and pending patents globally for simplifying and
enhancing safety and automation in homes and buildings, today
announced that its universal safe installation specifications for
plug & play ceiling outlet for lighting and fan products has
been officially voted on and approved by ANSI / NEMA, the leading
U.S. standardization organizations for the standardization of the
SKYX safe weight-bearing plug and outlet/receptacle for ceilings
("SkyPlug").
The American National Standards Institute ("ANSI") is the leading
U.S. standards approval organization, whose standards are regularly
specified by most architects and engineers for U.S. residential and
commercial buildings to ensure safety, quality and reliability. The
National Electrical Manufacturers Association ("NEMA") is a
standards-developing organization that promotes the standardization
of major U.S. electrical products for manufacturers. The
achievement of an ANSI / NEMA vote approval is a lengthy and
rigorous process, widely considered to be very difficult to
achieve. Examples of other products that are standardized include
the wall outlet, GFCI bathroom outlet and other key products that
are included in every home in the
U.S.
The standardization of the SKYX plug & play weight-bearing plug
and outlet/receptacle for ceilings by ANSI/NEMA will universally
provide SKYX's product specifications to manufacturers to help save
lives, time and money for both professionals and consumers,
enabling them to install light fixtures and ceiling fans with a
safe plug & play installation in just minutes, if not
seconds.
Rani Kohen, Founder and Executive Chairman of SKYX Platforms, said:
"This standardization approval vote opens the door to a major sales
and licensing opportunities, as well as a milestone achievement not
only for SKYX, but for consumers and professionals across the
nation. In today's world, I believe that consumers and
professionals shouldn't have to risk their lives standing on
ladders for a long time, while touching hazardous wires to install
light fixtures and ceiling fans. Additionally, this is a
significant development for lighting and fan companies as well as
showrooms. It not only saves their customers both time and money,
but enables them to safely and quickly replace light fixtures and
ceiling fans, and purchase fixtures much more often for a variety
of reasons – be that to match fashion trends, accommodate the
changing of seasons, holidays and more."
Mark Earley, former Chief Electrical Engineer at NFPA and former
head of the NEC and currently the Chair of the SKYX Safety Advisory
Board said, "This is a significant achievement for SKYX and the
safety of U.S. consumers and professionals. With hundreds of
millions of installations taking place in the U.S., there are many
risks associated with installing or replacing light fixtures and
ceiling fans. These risks include injuries and deaths from fires,
shocks, electrocutions, and falls from ladders. These risks can be
reduced by using SKYX safe plug and play installation method, that
also saves installation time, which substantially reduces time
spent on ladders."
Bernard Zyscovich, U.S. leading architect and internationally
recognized design and thought leader and Chair of the SKYX
Architectural & Real Estate Advisory Board said, "Having the
ANSI / NEMA approval vote to include a design of a product is on
top of the list for architects and engineers and a
substantial deciding factor determining builders' product
acceptance. As it reflects product integrity, quality and
most important, safety. This achievement by SKYX's ceiling
outlet receptacle and plug is ground-breaking."
About SKYX Platforms
Corp.
As electricity is a standard in every home and building, our
mission is to make homes and buildings become safe-advanced and
smart as the standard.
SKYX
Platforms Corp. (NASDAQ:
SKYX) has a series of highly disruptive advanced-safe-smart
platform technologies, with over 60 U.S. and global patents and
patent pending applications. Our technologies place an emphasis on
high quality and ease of use, while significantly enhancing both
safety and lifestyle in homes and buildings. We believe that our
products are a necessity in every room in both homes and other
buildings in the U.S. and globally. For more information, please
visit our website at https://skyplug.com
or follow us on LinkedIn.
Cautionary Statement Concerning
Forward-Looking Statements
Certain statements contained in this press release constitute
forward-looking statements. Management has based these
forward-looking statements on its current expectations,
assumptions, estimates and projections. While they believe these
expectations, assumptions, estimates and projections are
reasonable, such forward-looking statements are only predictions
and involve known and unknown risks and uncertainties, many of
which are beyond management's control. These statements involve
risks and uncertainties that may cause the
Company's actual results, performance or achievements to
differ materially from any future results, performance or
achievements expressed or implied by these forward-looking
statements. Our estimates of the addressable market for our
products may prove to be incorrect. The projected demand for our
products could materially differ from actual demand.
Forward-looking statements speak only as of the date they are made
and include statements relating to the Company's ability to
successfully launch, commercialize, develop additional features and
achieve market acceptance of its smart products and technologies,
including commencement of presales, the Company's efforts and
ability to drive the adoption of Sky's Plug Smart Platforms into
multi-family residential buildings and communities and adoption by
hotels, ability to capture market share, ability to execute on any
sales and licensing opportunities, ability to achieve code
mandatory status for the SkyPlug, and other risks and uncertainties
described in the Company's filings with the Securities and Exchange
Commission. In particular, the American National Standards
Institute's (ANSI) and the National Electrical Manufacturers
Association's (NEMA) vote for the standardization of the Company's
weight-bearing plug and outlet/receptacle for ceilings does
not guarantee approval by the National Fire Protection
Association's (NFPA) Committee on the National Electrical Code
(which consists of multiple code-making
panels and a technical correlating committee and develops
the National Electrical Code (NEC)) or any other trade or regulatory
organization and does not guarantee that any of the Company's
products will become National Electrical Code (NEC)-code mandatory
in any jurisdiction, or that any of the Company's current or future
products or technologies will be adopted by any state, country, or
municipality, within any specific timeframe or at all. There can be
no assurance as to any of these matters. Readers are
cautioned not to put undue reliance on forward-looking statements,
and, except as required by law, the Company assumes no
obligation and does not intend to update or revise these
forward-looking statements, whether as a result of new information,
future events, or otherwise.
Investor Relations
Contact:
Lucas A. Zimmerman
MZ North America
(949) 259-4987
SKYX@mzgroup.us