FOXO Technologies to Unveil VITHAR™ AI Health Coach; Schedules Webinar for Friday, November 10th at 10 AM Eastern Time
November 08 2023 - 8:00AM
Business Wire
FOXO Technologies Inc. (NYSE American: FOXO) (“FOXO” or
the “Company”), a leader in the field of epigenetic biomarker
technology, today announced that it will host a webinar on Friday,
November 10, 2023, at 10 AM Eastern Time, which will be available
on the Company’s website at https://foxotechnologies.com/.
The Company plans to unveil its new direct-to-consumer (DTC)
app, the VITHAR™ AI Health Coach, which is designed to intake
health data from available APIs already on the user's mobile and
wearable devices, and combine this data with the individual’s
epigenetic data through the Company’s proprietary epigenetic data
and algorithms. The new DTC offering will leverage KR8’s AI
ecosystem to provide users with actionable health insights and
coaching.
Mark White, Interim CEO of FOXO Technologies, stated, “The FOXO
and KR8 teams have been working tirelessly to develop the new
VITHAR™ AI Health Coach. Current apps on the market provide basic
DNA profiling and potential risk factors. However, by leveraging
the power of FOXO’s patented epigenetic algorithms and data, we
look forward to launching this new consumer-facing app, to provide
unprecedented insight and easy-to-follow, personalized advice,
based on epigenetic data to improve the user’s overall health and
longevity. We look forward to unveiling the full offering in our
upcoming webinar.”
About FOXO Technologies Inc. (“FOXO”) FOXO, a technology
platform company, is a leader in epigenetic biomarker discovery and
commercialization focused on commercializing longevity science
through products and services that serve multiple industries.
FOXO's epigenetic technology applies AI to DNA methylation to
identify molecular biomarkers of human health and aging. For more
information about FOXO, visit www.foxotechnologies.com. For
investor information and updates, visit
https://foxotechnologies.com/investors/.
Forward-Looking Statements This press release contains
certain forward-looking statements for purposes of the “safe
harbor” provisions under the United States Private Securities
Litigation Reform Act of 1995. Any statements other than statements
of historical fact contained herein, including statements as to
future results of operations and financial position, planned
products and services, business strategy and plans, objectives of
management for future operations of FOXO, market size and growth
opportunities, competitive position, and technological and market
trends, are forward-looking statements. Such forward-looking
statements include, but not limited to, expectations, hopes,
beliefs, intentions, plans, prospects, financial results or
strategies regarding FOXO; the future financial condition and
performance of FOXO and the products and markets and expected
future performance and market opportunities of FOXO. These
forward-looking statements generally are identified by the words
“anticipate,” “believe,” “could,” “expect,” “estimate,” “future,”
“intend,” “strategy,” “may,” “might,” “strategy,” “opportunity,”
“plan,” project,” “possible,” “potential,” “project,” “predict,”
“scales,” “representative of,” “valuation,” “should,” “will,”
“would,” “will be,” “will continue,” “will likely result,” and
similar expressions, but the absence of these words does not mean
that a statement is not forward-looking. Forward-looking statements
are predictions, projections and other statements about future
events that are based on current expectations and assumptions and,
as a result, are subject to risks and uncertainties. Many factors
could cause actual future events to differ materially from the
forward-looking statements in this press release, including but not
limited to: (i) the ability to obtain financing; (ii) the Common
Stock resuming trading on NYSE American; (iii) the acceleration of
the Company’s outstanding indebtedness evidenced by the 15% Senior
Promissory Notes as a result of the Company’s existing event of
default under such instruments; (iv) risk of changes in the
competitive and highly regulated industries in which FOXO operates,
variations in operating performance across competitors or changes
in laws and regulations affecting FOXO’s business; (v) ability to
implement FOXO’s business plans, forecasts, and other expectations;
(vi) the ability to maintain its NYSE American listing; (vii) the
risk that FOXO has a history of losses and may not achieve or
maintain profitability in the future; (viii) potential inability of
FOXO to establish or maintain relationships required to advance its
goals or to achieve its commercialization and development plans;
(ix) the enforceability of FOXO’s intellectual property, including
its patents and the potential infringement on the intellectual
property rights of others; and (x) the risk of downturns and a
changing regulatory landscape in the highly competitive
biotechnology industry or in the markets or industries in which
FOXO’s prospective customers operate. The foregoing list of factors
is not exhaustive. Readers should carefully consider the foregoing
factors and the other risks and uncertainties discussed in FOXO’s
most recent reports on Forms 10-K and 10-Q, particularly the “Risk
Factors” sections of those reports, and in other documents FOXO has
filed, or will file, with the SEC. These filings identify and
address other important risks and uncertainties that could cause
actual events and results to differ materially from those contained
in the forward-looking statements. Forward-looking statements speak
only as of the date they are made. Readers are cautioned not to put
undue reliance on forward-looking statements, and FOXO assumes no
obligation and does not intend to update or revise these
forward-looking statements, whether as a result of new information,
future events, or otherwise.
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