BEIJING, April 22,
2024 /PRNewswire/ -- Datasea Inc. (Nasdaq: DTSS)
("Datasea" or the "Company"), a trailblazing digital technology
company incorporated in Nevada,
dedicated to innovative solutions in acoustic high tech and
5G-Artificial Intelligence ("AI") multimodal communication
technology in the United States
and China, today announced that
has announced its entry into a Framework Agreement with iPower Inc.
(NASDAQ: IPW) for Product Cooperation, marking the commencement of
a joint effort to bolster product distribution within the US online
market.
"The partnership between Datasea and iPower presents an exciting
opportunity to broaden our market reach and deliver cutting-edge
products to US consumers," remarked Zhixin
Liu, CEO of Datasea Inc. "By merging our digital technology
expertise with iPower's robust ecommerce platform, our aim is to
offer customers innovative solutions that enrich their lives."
iPower Inc., an esteemed data and tech-driven online
merchandiser with robust logistics capabilities, stands ready to
harness its strengths within the online market. This agreement
underscores the shared vision and commitment of both companies to
leverage their synergies and collaborate in distributing Datasea's
advanced products across the burgeoning US online market. As part
of the agreement, Datasea will introduce a diverse range of
acoustic intelligence products in the
United States, while also providing essential technical
support to facilitate their expansion into the American market.
In reciprocation, iPower will leverage its internal expertise
and external resources to bolster Datasea's product promotion
endeavors, particularly within the online domain. "Our strategic
collaboration with Datasea is in line with our mission to provide
customers with top-quality products and exceptional service,"
remarked Lawrence Tan, CEO of iPower
Inc. "We are confident that by harnessing our strong ecommerce
capabilities alongside Datasea's innovative technology, we can
create a seamless shopping experience for consumers while driving
growth for both companies."
This strategic partnership is poised to unlock valuable
opportunities for both entities, including synergies in promotion,
sales, business expansion, brand elevation, and localization. With
a shared dedication to innovation and customer satisfaction,
Datasea and iPower are poised to make significant strides in the US
online market.
About Datasea Inc.
Datasea Inc. ("Datasea") is a leading provider of products,
services, and solutions for enterprise and retail customers in its
innovative industries, Acoustics and 5G-AI multimodal
communication, especially focusing on ultrasonic, infrasound and
directional sound technology. The Company's advanced R&D
technology serves as the core infrastructure and backbone for its
products. Its 5G multimodal communication segment operates on a
cloud platform based on AI. Datasea leverages cutting-edge
technologies, precision manufacturing in its Acoustics business,
utilizing ultrasonic sterilization to combat viruses and prevent
human infections, and is also developing innovations in directional
sound and medical ultrasonic cosmetology. In July 2023, Datasea established a wholly-owned
subsidiary, Datasea Acoustics LLC, in Delaware, in a strategic move to mark its
global presence. This underlies Datasea's commitment to Acoustics
hi-tech and its intent to offer leading edge acoustic products and
solutions to the U.S. market. For additional information, please
visit: www.dataseainc.com.
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.
Investor and Media Contacts:
Datasea Investor Relations
Email:
investorrelations@shuhaixinxi.com
sunhezhi@shuhaixinxi.com
Precept Investor Relations LLC
David Rudnick
+1 646-694-8538
david.rudnick@preceptir.com
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SOURCE Datasea Inc.