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

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SOURCE Safe and Green Development Corporation

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