Hanryu Holdings and AISUL Announce Strategic
Partnership to Create and Integrate Three-Dimensional, Artificial
Intelligence Generated Digital Human into FANTOO
Application
SEOUL,
REPUBLIC OF SOUTH KOREA – September 14, 2023 --
InvestorsHub NewsWire -- Hanryu Holdings, Inc.
(NASDAQ: HRYU) (the "Company" or "Hanryu"), a media-tech
company and creator of FANTOO, an all-in-one social media
experience connecting k-culture fans globally, today announced a
strategic partnership with
AISUL, a company specializing
in artificial intelligence and the developer of the first digital
female singer "Lusia" in Korea, to create and integrate a
three-dimensional, artificial intelligence ('AI') generated,
digital human into the Company's FANTOO application.
In addition to the
Company's previously announced
partnership with SALTLUX to incorporate
AI-powered conversational virtual assistant into FANTOO, today's
partnership agreement with AISUL will allow Hanryu the ability to
broaden its AI capabilities further. The three-dimensional,
AI-generated, digital human developed through the power of AISUL's
technology will provide users with not only support and chat
functionality, but the ability to integrate unique content
including dance, song, training and performances into the
application. The digital human will also be able to understand the
users interests to support the purchase or trade of merchandise on
the application.
Chang-Hyuk Kang, CEO and Director of
Hanryu Holdings, commented, "We
are pleased to broaden our AI capabilities on FANTOO. Incorporating
the technology of SALTULUX and now AISUL will provide our users
with an enhanced experience while also providing a platform with a
more robust and engaging content."
About Hanryu Holdings
Hanryu Holdings, Inc., is the creator of the
engaging and innovative social media platform, "FANTOO". FANTOO
connects users around the world that share similar interests by
providing distinctive service offerings, technologies,
applications, and websites. Through FANTOO, we provide a global
multi-media platform for our users to interact with other
like-minded users, to share their appreciation of various types of
entertainment and cultures, create their own content, enjoy other
users' content, engage in commerce, and experience a "fandom"
community we believe is unlike any other. For more information
please visit www.hanryuholdings.com.
Follow us on: Twitter, LinkedIn
and Facebook
Cautionary Note Regarding
Forward-Looking Statements
This
press release may contain forward-looking statements within the
meaning of the safe harbor provisions of
the U.S. Private Securities Litigation Reform Act of
1995. Forward-looking statements relate to future events or future
performance and include, without limitation, statements concerning
the Company's business strategy, future revenues, market growth,
capital requirements, product introductions, expansion plans and
the adequacy of its funding, the proposed offering, and the plan to
list on the The Nasdaq Capital Market. Other statements contained
in this press release that are not historical facts are
forward-looking statements. The Company has tried, wherever
possible, to identify forward-looking statements by terminology
such as "may," "will," "could," "should," "expects," "anticipates,"
"intends," "plans," "believes," "seeks," "estimates" and other
comparable terminology.
The
Company cautions you that any forward-looking statements presented
in this press release are based on the beliefs of, assumptions made
by, and information currently available to us. Such statements are
based on assumptions, and the actual outcome will be affected by
known and unknown risks, trends, uncertainties, and factors that
are beyond the Company's control or ability to predict. Although
the Company believes that its assumptions are reasonable, it is not
guaranteeing of future performance, and some will inevitably prove
to be incorrect. As a result, the Company's actual future results
can be expected to differ from its expectations, and those
differences may be material. Accordingly, you should use caution in
relying on forward-looking statements, which are based only on
known results and trends at the time they are made, to anticipate
future results or trends. Certain risks are discussed from time to
time in the Company's filings with the SEC.
You
are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this press release.
Except as required by law, the Company is not obligated to publicly
release any revisions to these forward-looking statements to
reflect the events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events.
Company Contact:
Hanryu
Holdings, Inc.
SunYoung Jang
jsy@fns.ai
contact@hanryuholdings.com
Investor Contact:
KCSA
Strategic Communications
Valter
Pinto, Managing Director
PH:
(212) 896-1254
Hanryu@KCSA.com