MCapMediaWire – The digital media marketing division of JZZ Technologies Inc. has received an independent assessment of its proprietary marketing database, indicating that the total record group has a base asset value of $13,184,500.
Although this is an un-audited assessment, an independent industry expert’s valuation has been carried out using comparable commercial databases available for marketing to similar or identical target audiences.
JZZ Technologies, Inc.’s proprietary database is comprised of the following vertical groups:
- 35 million-plus U.S. Seniors (individual age 55 or older)
- 1.2 million U.S. Physicians (by practice or specialty)
- 500,000 U.S. Veterans (verified according to service)
The digital marketing division is working directly with its marketing partner Ever Convert to advance its marketing capabilities using these valuable databases.
In preparation for broader marketing efforts, the Company is also engaging an independent third party to work with the databases to ensure security, record validation, industry-best practices, and extremely high standards of record hygiene.
JZZ Technologies, Inc. is already employing its proprietary data to increase circulation of its digital newsletter and for its high-profile marketing partners, including Beacon Insurance, EyeOn TV Channel, and select eCommerce partners.
“We have a valuable and compelling offering for anyone wanting to access our digital marketing capabilities to reach audiences that we serve.”, says Charles Cardona, CEO of JZZ Technologies, Inc. “Our proprietary database is just one more component that we can use to create tremendous value for our advertisers and partners. The assessment here shows the base asset value for our commercial database, but when applied to marketing for our many opportunities, it brings a value that we believe will be many times that assessment.”
The Company anticipates that the marketing database will be part of an audited valuation used for SEC reporting purposes in the Q4 revenue reporting period.
About JZZ Technologies, Inc.
JZZ Technologies, Inc. is a diversified technology company rolling up projects and partnerships in two distinct business sectors that operate cohesively; its digital media business includes online media and apps, content creation, digital marketing, streaming video content, publishing, and free over-the-air television targeted at active adults 55+.
The Company’s other business is focused on strategic biotechnology and bioscience acquisitions related to Human Life Extension and Human Longevity that can be immediately leveraged to support improved quality of life for aging populations.
DISCLAIMER and FORWARD-LOOKING STATEMENTS
Certain statements contained herein are “forward-looking” statements. Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such Forward-Looking Statements are intended to be covered by the safe harbours created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the company’s business plans, the effect of acquisitions on our profitability, the effectiveness, profitability, and the marketability of the Company’s products; the Company’s ability to protect its proprietary information; general economic and business conditions; the volatility of the company’s operating results and financial condition; and other risks detailed in the Company’s filings with the Securities and Exchange Commission.
These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates, and projections about the company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances or to 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, management cannot assure the public that their expectations will turn out to be correct. Investors are cautioned that actual results may differ materially from the anticipated results.
JZZ Technologies, Inc.
Charles Cardona, CEO