A key milestone in the company’s transition from development to revenue generation.
ROSELAND, N.J., July 30, 2024 (GLOBE NEWSWIRE) — Gaxos.ai Inc. (“Gaxos” or the “Company”), a developer of artificial intelligence applications across a range of sectors, today announced the commercialization of Gaxos Health and recorded its first revenue this week.
“We are excited to announce the commercialization of Gaxos Health,” said Vadim Mats, CEO of Gaxos. “As demand for personalized health services grows, we aim to make a significant impact and become an industry leader. The launch of this business line is essential to our ongoing mission to deliver value to our shareholders.”
Gaxos Health’s mission is to optimize human performance by providing customized health and wellness plans through science and technology. Gaxos Health offers a variety of packages including biomarker testing, personalized nutrition plans, fitness and lifestyle routines, supplement plans, and live coaching. By combining technology and expert insights, Gaxos Health aims to empower individuals to achieve their health goals. Gaxos Health will continue to expand its offerings through AI-enabled applications and other health and wellness services.
About Gaxos.ai Inc.
Gaxos.AI is not just developing applications, it is our purpose to redefine the relationship between humans and AI. Our services are expanding to health and wellness, and gaming. We are committed to enabling health, longevity and entertainment through our AI solutions.
Forward-Looking Statements
All statements in this announcement other than statements of historical fact are forward-looking statements that involve known and unknown risks and uncertainties and are based on current expectations and projections regarding future events and financial trends 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 “may,” “will,” “expect,” “anticipate,” “seek,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “might,” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent events or circumstances or changes in the Company’s expectations, except as required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct. The Company cautions investors that actual results may differ materially from expectations and encourages investors to consider other factors that may affect future results that are described in the Company’s filings with the SEC.
Gaxos.ai Inc. Company Contact
Investor Relations
E:ir@gaxos.ai
Phone: 1-888-319-2499
