MIAMI, June 11, 2024 /PRNewswire/ -- Safe and Green
Development Corporation (NASDAQ: SGD) ("SG Devco" or the "Company")
is excited to announce the full integration of MyVonia™,
its recently acquired advanced artificial intelligence (AI)
assistant, into the Xene platform. This strategic move marks a
significant milestone in SG Devco's ongoing commitment to
technological innovation and enhanced user experience in the real
estate industry.
The integration of MyVonia into the Xene AI Platform is expected
to offer immense potential for realtors. By leveraging MyVonia's
advanced capabilities, realtors can receive personalized
assistance, tailored market insights, and data-driven
recommendations. This technology is intended to empower realtors to
optimize their decision-making processes, increase efficiency, and
ultimately provide a superior experience to their clients.
The following link will provide video depiction of Xene AI
Platform: https://www.dropbox.com/t/agpwChib4P7LN7LT
David Villarreal, CEO of Safe and
Green Development Corporation, expressed his enthusiasm for the
integration, stating, "We are thrilled to integrate MyVonia's
cutting-edge technology into our Xene platform. MyVonia's
capabilities in machine learning and natural language processing
will significantly enhance our platform, providing users with
human-like conversational interactions tailored to their specific
needs. Accessible via text messaging, MyVonia provides users with a
seamless and intuitive AI assistant experience without the need for
an app or website This integration is a testament to our dedication
to staying at the forefront of innovation and offering unparalleled
services to our clients."
About Safe and Green Development Corporation
Safe and
Green Development Corporation is a real estate development
company. Formed in 2021, it focuses on the development of sites
using purpose-built, prefabricated modules built from both wood and
steel. The thesis of development is to build strong, innovative and
green, single or multifamily projects across all income and asset
classes. Additionally, a majority owned subsidiary of SG
DevCo, Majestic World Holdings LLC, is a prop-tech company
that has created the XENE Home Platform. It is powered by advanced
AI technology which aims to decentralize the real estate
marketplace, creating an all-in-one solution that brings banks,
institutions, home builders, clients, agents, vendors, gig workers,
and insurers into a seamlessly integrated and structured AI-driven
environment. MyVONIA Innovations LLC, a wholly owned subsidiary, is
the owner of MyVONIA which is an AI-powered personal assistant
designed to help simplify daily tasks and improve productivity for
individuals and businesses. MyVONIA aims to assist with
managing both personal and professional tasks.
More information about SG DevCo can be found
at www.sgdevco.com.
Safe Harbor Statement
This press release may contain
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All statements other
than statements of historical fact are, or may be deemed to be,
forward-looking statements. In some cases forward-looking
statements can be identified by terminology such as "may,"
"should," "potential," "continue," "expects," "anticipates,"
"intends," "plans," "believes," "estimates," and similar
expressions, and include statements regarding the integration of
MyVonia into the Xene AI Platform offering immense potential for
realtors, the technology empowering realtors to optimize their
decision-making processes, increase efficiency, and ultimately
provide a superior experience to their clients, MyVonia's
capabilities in machine learning and natural language processing
significantly enhancing the Xene platform and Xene Home creating an
all-in-one solution that brings banks, institutions, home builders,
clients, agents, vendors, gig workers, and insurers into a
seamlessly integrated and structured AI-driven environment. These
forward-looking statements are based on certain assumptions and
analyses made by us in light of our experience and our perception
of historical trends, current conditions and expected future
developments, as well as other factors we believe are appropriate
in the circumstances. Important factors that could cause actual
results to differ materially from current expectations include,
among others, the ability of the integrated MyVonia Xene AI
Platform to empower realtors to optimize their decision-making
processes, increase efficiency, and ultimately provide a superior
experience to their clients and the Company's ability to attract
banks, institutions, home builders, clients, agents, vendors, gig
workers, and insurers to join the Xene Home platform, the Company's
ability to monetize its real estate holdings and the other factors
discussed in the Company's Annual Report on Form 10-K for the year
ended December 31, 2023 and its
subsequent filings with the SEC. Readers are cautioned not to
place undue reliance on these forward-looking statements, which
speak only as of the date hereof. All forward-looking statements
are qualified in their entirety by this cautionary statement and
the Company undertakes no obligation to revise or update this press
release to reflect events or circumstances after the date
hereof.
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SOURCE Safe and Green Development Corporation