Datasea Launches Ultrasonic Sound Sterilization and Antivirus Equipment to Help Combat Covid-19 and Plans to Enter the U.S. Market with Acoustic Intelligence Products by Establishing a Subsidiary and the Research Center
March 15 2022 - 8:00AM
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
launched the Ultrasonic Sound Sterilization and Antivirus Equipment
targeting different application scenarios and planned to enter the
US market with acoustic intelligence products.
The Ultrasonic Sound Sterilization and Antivirus Equipment
features innovative acoustic intelligence powered disinfection that
has proven to be able to purify air, reduce bacteria and viruses
such as COVID-19 and H1N1 by over 99.9% through the research
conducted by third-party laboratories. As sterilization and
antivirus equipment combines ultrasonic sound effects with optics,
it achieves high sterilization efficiency in normal temperature
without human contact, peculiar odor, or environmental damage, and
can respond to a wide range of disinfection needs. Datasea has
prepared products targeting public and private application
scenarios such as hospitals, airport, logistic warehouse, cold
chain transportation and home care.
Datasea’s plan to enter the U.S. market is pursuant to the
growth strategy and commitment to tap acoustic intelligence’s full
business potential. Based on the market potential analysis and
product readiness, Datasea plans to introduce in U.S. the
Ultrasonic Sound Sterilization and Antivirus Equipment and acoustic
intelligence products in agriculture as the first step of the
global footprint expansion. The acoustic intelligence products in
agriculture utilize sound waves in the frequency range of 15-900Hz
to carry out a large-scale harmless pest repellent and target
rodents and insects, which is much needed by an agricultural giant
like the United States.
“While 5G messaging is becoming the pillar of our business,
acoustic intelligence demonstrates our vision and ability to stay
ahead of the emerging market trends. The expansion to the US market
will serve as a strategic global anchor and unlock value by
establishing a subsidiary and the research center, strengthening
our capabilities from different perspectives such as R&D,
production, and distribution,” said Zhixin Liu, the CEO of Datasea,
“as we look to expand across the globe, the sterilization equipment
market is expected to grow at a CAGR of 12.2% from 2020 to 2027 to
reach $23.73 billion by 2027, according to Meticulous Research. The
global smart agriculture market is expected to grow from USD 12.9
billion in 2021 to USD 20.8 billion by 2026 at a CAGR of 10.1%
according to MarketsandMarkets. We’re confident that our
on-the-ground presence will help us reduce information asymmetry
with clients and investors and ultimately boost the company to have
better profitability and growth.”
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. Annabelle
ZhangTelephone: +1(646) 866-7989 Email:
datasea@iecapitalusa.com
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