Jeffs' Brands Secures Exclusive Worldwide Distribution Rights to Sell Drone Safety Systems on Amazon
05 Diciembre 2024 - 8:25AM
Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR,
JFBRW), a data-driven e-commerce company operating on the Amazon
Marketplace, announced today that it has entered into an agreement
granting it the exclusive worldwide right to distribute certain
advanced drone safety systems developed by a leading drone company
(the “Licensor”) for a period of two years and subject to certain
conditions. The innovative drone safety systems will be sold by the
Company exclusively through the Amazon’s global marketplace.
The entry into the agreement underscores Jeffs’
Brands’ commitment to leveraging its expertise in e-commerce to
bring advanced technological solutions to consumers. With a focus
on high standards of reliability and performance, these drone
safety systems are set to address key challenges in the
industry.
Certain of Jeffs’ Brands’ directors serve as
members of the Board of Directors of the Licensor.
About Jeffs’ Brands Ltd.
Jeffs' Brands aims to transform the world of
e-commerce by creating and acquiring products and turning them into
market leaders, tapping into vast, unrealized growth potential.
Through the Company’s management team’s insight into the FBA Amazon
business model, it aims to use both human capability and advanced
technology to take products to the next level. For more information
on Jeffs’ Brands Ltd visit https://jeffsbrands.com.
Forward-Looking Statement Disclaimer
This press release contains “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, that are intended to be covered by the “safe
harbor” created by those sections. Forward-looking statements,
which are based on certain assumptions and describe our future
plans, strategies and expectations, can generally be identified by
the use of forward-looking terms such as “believe,” “expect,”
“may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,”
“estimate,” “anticipate” or other comparable terms. For example, we
are using forward-looking statements when discussing the Company’s
exclusive worldwide distribution rights of certain advanced drone
safety systems which are subject to certain conditions, the
Company’s commitment to leveraging its expertise in e-commerce to
bring advanced technological solutions to consumers, and the
ability of the drone safety systems to address key challenges in
the industry. Instead, they are based only on our current beliefs,
expectations and assumptions regarding the future of our business,
future plans and strategies, projections, anticipated events and
trends, the economy and other future conditions. Because
forward-looking statements relate to the future, they are subject
to inherent uncertainties, risks and changes in circumstances that
are difficult to predict and many of which are outside of our
control. Our actual results and financial condition may differ
materially from those indicated in the forward-looking statements.
Therefore, you should not rely on any of these forward-looking
statements. Important factors that could cause our actual results
and financial condition to differ materially from those indicated
in the forward-looking statements include, among others, the
following: our ability to adapt to significant future alterations
in Amazon’s policies; our ability to sell our existing products and
grow our brands and product offerings, including by acquiring new
brands; our ability to meet our expectations regarding the revenue
growth and the demand for e-commerce; the overall global economic
environment; the impact of competition and new e-commerce
technologies; general market, political and economic conditions in
the countries in which we operate; projected capital expenditures
and liquidity; the impact of possible changes in Amazon’s policies
and terms of use; the impact of the conditions in Israel, including
the recent attacks by Hamas, Iran, and other terrorist
organizations; and the other risks and uncertainties described in
the Company’s Annual Report on Form 20-F for the year ended
December 31, 2023, filed with the U.S. Securities and Exchange
Commission (“SEC”), on April 1, 2024 and our other filings with the
SEC. We undertake no obligation to publicly update any
forward-looking statement, whether written or oral, that may be
made from time to time, whether as a result of new information,
future developments or otherwise.
Investor Relations Contact:
Michal Efraty Adi and Michal PR- IR Investor Relations, Israel
michal@efraty.com
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