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Safe and Green Development Corporation Launches MyVONIA.IO : An AI-Powered Personal Assistant

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
Tags
AI
Rhea-AI Summary

Safe and Green Development (SGD) has announced the acquisition and launch of MyVONIA, an AI-powered personal assistant designed to improve productivity for both individuals and businesses. This tool offers various features tailored to different user needs and comes with flexible subscription options. SG Devco's CEO, David Villarreal, highlighted that MyVONIA is a leap forward in their mission to apply AI to everyday tasks. Additionally, MyVONIA will be integrated into SG Devco's real estate marketplace platform, Xene, to enhance user interactions and transaction support. An extensive marketing campaign is also being launched to promote MyVONIA's unique benefits.

Positive
  • Launch of MyVONIA, an AI-powered personal assistant, potentially enhancing daily productivity.
  • Flexible subscription tiers for MyVONIA could attract a diverse user base.
  • Integration of MyVONIA into the Xene real estate platform may improve user experience and transaction efficiency.
  • Extensive marketing campaign to promote MyVONIA could increase product visibility and adoption.
Negative
  • Uncertainty around the financial impact of MyVONIA on SGD's overall revenue.
  • Potential risks associated with the adoption and user acceptance of a new AI-based product.
  • High competition in the market for AI personal assistants could impact MyVONIA's success.

MIAMI, June 7, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG Devco" or the "Company") is excited to announce the closing of the acquisition, and the launch, of MyVONIATM, 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.

MyVONIA provides a range of features tailored to meet various user needs. The Company is offering flexible subscription tiers to accommodate different levels of usage.

For more information about MyVONIA and to explore subscription options, please visit

https://myvonia.io/

David Villarreal, CEO of Safe and Green Development Corporation, expressed his excitement about the launch, stating, "MyVONIA represents a significant leap forward in our mission to harness AI for practical, everyday use. We are confident that MyVONIA will not only meet but exceed the expectations of our users, bringing unprecedented efficiency and enjoyment to their daily routines."

Additionally, MyVONIA is being integrated into our real estate marketplace platform, Xene, as an AI assistive tool. This integration aims to enhance user experience by providing support in various aspects of real estate transactions, interactions, and helping users navigate the platform more efficiently.

Marketing Campaign Launch

In conjunction with the launch of MyVONIA, SG Devco is rolling out an extensive marketing campaign to introduce this innovative product to a broad audience. The campaign aims to highlight the unique benefits and transformative potential of MyVONIA, encouraging users to experience firsthand how AI can simplify and enhance their daily lives.

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 own 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 MyVonia simplifying daily tasks and improving productivity for individuals and businesses, MyVonia assisting with managing both personal and professional tasks, harnessing AI for practical, everyday use, MyVonia meeting and exceeding the expectations of its users, bringing unprecedented efficiency and enjoyment to their daily routines, integrating MyVonia into Xene as an AI assistive tool, the integration enhancing the user experience by providing support in various aspects of real estate transactions, interactions, and helping users navigate the platform more efficiently, rolling out an extensive marketing campaign to introduce MyVonia to a broad audience, highlighting the unique benefits and transformative potential of MyVonia,users to experiencing firsthand how AI can simplify and enhance their daily lives

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, MyVonia's ability to simplify daily tasks and improve productivity for individuals and businesses, the Company's ability to integrate MyVonia into Xene as an AI assistive tool and enhance the user experience, the Company's ability to introduce MyVonia to a broad audience, the Company's ability to obtain the capital necessary to fund its activities, 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.

For investor relations and media inquiries, please contact:

Barwicki Investor Relations
Andrew@Barwicki.com
516-662-9461

Cision View original content:https://www.prnewswire.com/news-releases/safe-and-green-development-corporation-launches-myvoniaio--an-ai-powered-personal-assistant-302166707.html

SOURCE Safe and Green Development Corporation

FAQ

What is MyVONIA launched by SGD?

MyVONIA is an AI-powered personal assistant designed to improve productivity for individuals and businesses.

When did Safe and Green Development launch MyVONIA?

SGD launched MyVONIA on June 7, 2024.

What are the subscription options for MyVONIA?

MyVONIA offers flexible subscription tiers to meet different levels of usage.

How will MyVONIA be integrated into SGD's real estate platform?

MyVONIA will be integrated into the Xene real estate platform to enhance user interactions and support transactions.

Why is SGD launching a marketing campaign for MyVONIA?

SGD is launching a marketing campaign to introduce MyVONIA to a broad audience and highlight its unique benefits.

Safe and Green Development Corporation

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Real Estate - Development
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