Safe and Green Development Corp Launches Xene AI Exclusive Waiting List
11 March 2024 - 11:45PM
Safe and Green Development Corporation (NASDAQ: SGD) (“SG Devco” or
the “Company”) is pleased to announce an update to the previously
announced launch of the XENE Home platform.
In anticipation of the launch scheduled for the end of March, we
are proud to announce the establishment of an exclusive waiting
list. This initiative has been created to provide real estate
professionals, investors, as well as prospective home buyers and
sellers, with early access to the Company’s XENE Home platform. The
waiting list can be accessed at: https://www.xenehome.com/
The Company plans to introduce continuous advancements in AI
technology following the launch. Beginning with AI-assisted listing
tools, document interpretation, and image enhancement capabilities,
the Company intends to progressively unveil new functionalities
that redefine the technological landscape of real estate throughout
the year.
For home buyers and sellers, XENE promises a new era of
cost-efficiency with transaction fees dramatically reduced to a
range of just 1.99% to 3.99%, providing a cost-effective pathway to
homeownership and a process that puts consumers back in the
driver’s seat. Real estate investors and prospective home buyers
and sellers who register for membership to the XENE Home platform
will secure access to XENE's foreclosure listings and coveted 'Buy
It Now' properties, designed to provide a strategic edge in
property investment. Licensed real estate professionals who join
the Xene Home platform will gain access to premium exclusive
listings, dedicated buyers, traditional leads, and exclusive
training/certification tools, all of which are intended to enhance
such professional’s portfolio and expand their business reach.
Matthew A. Barstow, SVP of Innovation at SG Devco stated, “As we
approach the launch of XENE, I'm truly excited to bring this
software platform to market. For me this is not just bringing a
product to market; but heralding a new era for the real estate
industry. With XENE, we believe we can put equity back into the
hands of consumers, ensuring they retain more value from their most
significant investments. Simultaneously, we are seeking to reshape
the landscape for licensed professionals by altering the dynamics
of customer introductions. We're moving past the outdated model of
agents paying for leads that are spread thin among countless
others. XENE is designed to pave the way for a future where the
connection between agents and potential clients is both exclusive
and streamlined.”
About Safe and Green Development
CorporationSafe and Green Development Corporation is a
leading 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, sourced from one of Safe
& Green Holdings Corp.’s factories operated by Safe & Green
Holdings’ SG Echo subsidiary. More information about SG DevCo can
be found at www.sgdevco.com.
Safe Harbor Statement Statements in this press release
that are not strictly historical in nature are forward-looking
statements. These statements are only predictions based on current
information and expectations and include statements regarding the
launch of the XENE software platform in the end of March,
introducing continuous advancements in AI technology following the
launch, providing a new era of cost-efficiency with transaction
fees dramatically reduced to a range of just 1.99% to 3.99%,
providing a cost-effective pathway to homeownership and process
that puts consumers back in the driver’s seat, access to XENE's
foreclosure listings and coveted 'Buy It Now' properties providing
a strategic edge in property investment, access to premium
exclusive listings, dedicated buyers, traditional leads, and
exclusive training/certification tools, XENE enhancing the
portfolio and expanding the business reach of licensed real estate
professionals , the launch of XENE heralding a new era for the real
estate industry, XENE putting equity back into the hands of
consumers, ensuring they retain more value from their most
significant investments, reshaping the landscape for licensed
professionals by altering the dynamics of customer introductions
and paving the way for a future where the connection between agents
and potential clients is both exclusive and streamlined.
Actual events or results may differ materially from those
projected in any of such statements due to various factors,
including the Company’s ability to launch the XENE Home platform as
planned, the Company’s ability to introduce continuous
advancements in AI technology following the launch, the
Company’s ability to provide a cost-effective pathway to
homeownership and process that puts consumers back in the driver’s
seat, the Company’s ability to provide a strategic edge in property
investment with XENE, the Company’s ability to enhance the
portfolio and expanding the business reach of licensed real estate
professionals who join the XENEHome platform, the Company’s ability
to herald a new era for the real estate industry with the launch of
XENE, the Company’s ability to pave the way for a future where the
connection between agents and potential clients is both exclusive
and streamlined,, the Company’s ability to monetize its real
estate holdings and the other factors discussed in the Company’s
Form 10 registration statement 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 Safe and Green Development
Corporation 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
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