JZZ Technologies, Inc. Completes Acquisition of Florida-Based Agency Beacon Insurance Solutions, Inc

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As an insurance agency providing services focused on seniors, Beacon Insurance Solutions, Inc. will work with JZZ Technologies and its digital marketing platforms to rapidly grow market share and increase monthly revenue.

Palm Beach, Fla., September 30, 2021 (GLOBE NEWSWIRE) – After initial negotiations and extensive due diligence, JZZ Technologies, Inc. (OTC Pink: JZZI) has completed the acquisition of Florida insurance agency Beacon Insurance Solutions, Inc., including its human resources, intellectual property, access to contracts, licenses and all product offerings.

Beacon Insurance Solutions, Inc. is an insurance agency based in St. Petersburg, Florida, positioned in a geographic hotspot where people strive all their lives to retire. It is also an ideal hub for the target demographics of the 55+ audience of JZZ Technologies. .

Beacon Insurance currently has five full-time agents providing a range of services for the elderly. Founder and Director of Beacon Insurance Solutions, Tom Law, has 25 years of experience building successful insurance and financial services companies. Law says, “Following this acquisition by JZZ Technologies, Inc., I believe we will be able to increase the number of producer agents by adding between five and ten new agents by the end of the year. pursuing our growth strategy until 2022.

“From a conservative standpoint, by combining the capabilities of both business operations – Beacon with insurance products and support services and JZZ Technologies with digital marketing channels – I consider getting a flow six-figure high monthly income as a very achievable expectation in the first six months. . Law added.

The Beacon Insurance Solution team will continue to pursue its mission of ensuring adults 55 and over benefit from appropriate and affordable insurance products and retirement planning that matches their unique stage in life. . These include health and life insurance coverage, planning for retirement, and determining the best use and timing for Social Security and Medicare benefits. Since Beacon’s customers come from across the country in the Sunshine State, the agency must maintain its licenses for insurance products in 37 states.

JZZ Technologies will work with the insights of the Beacon Insurance Solutions management team to market Beacon’s wide range of insurance products using Active Lifestyle Media platforms. These include the ActiveLifestyleMedia.com website, digital email marketing, television, social media and cooperative media programs.

“With the acquisition of Beacon Insurance Solutions, JZZ Technologies, Inc. will realize the revenues and assets of Beacon, and they will be directly reflected in the results of the company from now on. “Said Charles Cardona, President and CEO of JZZ Technologies, Inc.” We are confident that the synergy created between the two entities will combine to accelerate growth at an even faster rate than initially anticipated. “

“This acquisition is fully in line with JZZ Technologies, Inc.’s corporate mission to seek out and explore opportunities that can increase shareholder value, both short and long term,” added Cardona.

Figures from the US Census Bureau indicate that when the last baby boomers turn 65 in 2029, the baby boomer population will represent more than 20 percent of the total population of the United States, or nearly 60 million people. JZZ Technologies’ digital media target active audience vertical is well suited to leverage Beacon’s insurance product line.

About Beacon Insurance Solutions, Inc.

Beacon Insurance Solutions, Inc. is a Florida-based insurance agency licensed in 37 states. The company sells a variety of insurance products aimed at adults aged 50 and over with a specialty serving the elderly in health and life insurance, social security, retirement planning and programs to maximize Medicare benefits.

About JZZ Technologies, Inc.

JZZ Technologies, Inc. is a diverse technology company bringing together projects and partnerships in two distinct lines of business that operate cohesively; its digital media business includes online media and apps (activelifestylemedia.com), Content Creation, Digital Marketing, Video Streaming Content, Publishing and Free Live TV (EyeOnTV) targeting active adults aged 55 and over. The Company’s other activities focus on strategic acquisitions in biotechnology and biosciences related to the extension of human life and human longevity that can be immediately leveraged to improve the quality of life of aging populations.

DISCLAIMER AND FORWARD-LOOKING STATEMENTS

Certain statements contained in this document are “forward-looking” statements (as that term is defined in the Private Securities Litigation Reform Act of 1995). Since these statements include risks and uncertainties, actual results may differ materially from those expressed or implied by these forward-looking statements. This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such forward-looking statements are intended to be covered by the Safe Houses thus created. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including, but not limited to, the viability of the Company’s business plans, the effect of acquisitions on our profitability, efficiency, profitability and marketing of the company’s products. ; the Company’s ability to protect its proprietary information; general economic and commercial conditions; the volatility of the company’s operating results and financial condition; and other risks detailed in documents filed by the Company with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections for the company and the industry. The Company assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances or changes in its expectations, except as required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that their expectations will prove to be correct. Investors are cautioned that actual results may differ materially from anticipated results.

Contact:
JZZ Technologies, Inc.
Charles Cardona, CEO
E-mail: [email protected]
Website: https://www.jzztechnologies.com/


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