HONG KONG, March 18, 2024 /PRNewswire/ -- ICZOOM Group
Inc. (Nasdaq: IZM) (the "Company" or "ICZOOM"), a B2B electronic
component products e-commerce platform, announced today that the
Company has upgraded the risk control of its SAAS system to enhance
its customer service capabilities and improve the quality and
security of customer transactions.
ICZOOM's electronic trading platform has undergone a system
upgrade to provide a more secured trading environment for clients
on the trading platform by improving the company's business risk
deployment and control nodes. The update includes without
limitation enhanced credential analysis on customers, behavior
analysis on trading activities and adds-on of a number of risk
control nodes. The Company believes that the update could
significantly improve the security protection and efficiency of
transactions for the customers, therefore advance the operation of
the business.
ICZOOM's CEO, Mr. Lei Xia, commented, "We are striving to help
more small and medium-sized microelectronics enterprise customers
purchase electronic components more conveniently, reduce
procurement costs and improve procurement efficiency as well as
enhancing the security protection by upgrading our own platform
services. This system upgrade will help us build and consolidate
our competitive advantage, and we intend to continue to invest in
research and development, strive to improve the quality of our
technology and services, and continue to create value for our
shareholders."
About ICZOOM Group Inc.
ICZOOM Group Inc. (Nasdaq: IZM) is primarily engaged in sales of
electronic component products to customers in Hong Kong and mainland China through its B2B e-commerce platform.
These products are primarily used by China based small and medium-sized enterprises
("SMEs") in the consumer electronic industry, Internet of Things
("IoT"), automotive electronics and industry control segments. By
utilizing latest technologies, the Company's platform collects,
optimizes and presents product offering information from suppliers
of all sizes, all transparent and available to its SME customers to
compare and select. In addition to the sales of electronic
component products, the Company also provides services to customers
such as temporary warehousing, logistic and shipping, and customs
clearance. For more information, please visit the Company's
website: http://ir.iczoomex.com/index.html.
Forward-Looking Statements
Certain statements in this announcement are forward-looking
statements. These forward-looking statements involve known and
unknown risks and uncertainties and are based on the Company's
current expectations and projections about future events that the
Company believes may affect its financial condition, results of
operations, business strategy and financial needs. Investors can
identify these forward-looking statements by words or phrases such
as "anticipate," "estimate," "plan," "project," "continuing,"
"ongoing," "expect," "we believe," "we intend," "may," "should,"
"will," "could" and similar expressions. The Company undertakes no
obligation to update or revise publicly any forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and the
Company cautions investors that actual results may differ
materially from the anticipated results and encourages investors to
review other factors that may affect its future results in the
Company's registration statement and other filings with the U.S.
Securities and Exchange Commission.
For more information, please contact:
ICZOOM Group
Inc.
Investor Relations
Department
Email:
investors@iczoom.com
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SOURCE ICZOOM Group Inc.