SKYX Platforms, US78471E1055

SKYX Platforms, US78471E1055

13.09.2022 - 14:03:12

SKYX Platforms: SKYX's Revolutionary Weight-Supporting Plug & Play Ceiling Outlet Receives National Electrical Code Generic Name Approval

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Cautionary Statement Concerning Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking statements. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management's control. These statements involve risks and uncertainties that may cause?the Company?s?actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. Our estimates of the addressable market for our products may prove to be incorrect. The projected demand for our products could materially differ from actual demand. Forward-looking statements speak only as of the date they are made and include statements relating to the Company?s ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its smart products and technologies, including commencement of presales, the Company?s efforts and ability to drive the adoption of Sky?s Plug Smart Platforms into multi-family residential buildings and communities and adoption by hotels, ability to capture market share, ability to execute on any sales and licensing opportunities, ability to achieve code mandatory status for the SkyPlug, and other risks and uncertainties described in the Company?s filings with the Securities and Exchange Commission. In particular, the NEC?s approval of the Company?s generic names for its weight-bearing safe plug & play outlet/receptacle for ceilings as WSCR (Weight-Supporting Ceiling Receptacle) for its universal ceiling outlet and WSAF (Weight-Supporting Attachment Fitting) for its ceiling plug, or the American National Standards Institute?s (ANSI) and the National Electrical Manufacturers Association?s (NEMA) vote for the standardization of the Company?s weight-bearing plug and? outlet/receptacle for ceilings, does not guarantee approval by the National Fire Protection Association?s (NFPA) Committee on the National Electrical Code (which consists of multiple code-making panels and a technical correlating committee and develops the National Electrical Code (NEC)) or any other trade or regulatory organization and does not guarantee that any of the Company?s products will become National Electrical Code (NEC)-code mandatory in any jurisdiction, or that any of the Company?s current or future products or technologies will be adopted by any state, country, or municipality, within any specific timeframe or at all. There can be no assurance as to any of these matters. ?Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law,?the Company?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.

Investor Relations Contact:

Lucas A. Zimmerman MZ North America (949) 259-4987SKYX@mzgroup.us

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