SKYX Continues to Enhance Market Penetration Announcing a Collaboration with U.S. Leading Lighting Manufacturer QUOIZEL

QUOIZEL Was Established Nearly 100 Years ago and is a Main Lighting Supplier to Leading U.S. Retail and E-commerce Companies

The Collaboration will Include SKYX Advanced Smart and Standard Products for Online, Retail, and Professional Channels

MIAMI, FL / ACCESSWIRE / September 27, 2023 / (NASDAQ:SKYX) (d/b/a "SKYX Technologies"), a highly disruptive platform technology company with over 77 pending and issued patents globally, and over 60 lighting and home décor websites with a mission to make homes and buildings become safe and smart as the new standard, announced today a collaboration with QUOIZEL, a U.S. leading lighting company and manufacturer.

QUOIZEL was established nearly 100 years ago in 1930 and is one of the most respected U.S. lighting companies, known for its high quality and advanced designs for both contemporary and traditional segments. QUOIZEL is a main supplier to leading U.S. big-box retailers and online sites. The SKYX - QOUIZEL collaboration will include SKYX advanced smart and standard online, retail, and professional segments.

Rani Kohen, Founder and Executive Chairman of SKYX Platforms, said: "We are excited to announce this collaboration with one of the most respected U.S. lighting brands. This is another step to continue enhancing our market penetration. We look forward to collaborating with QUOIZEL's multipole online, retail, and professional channels."

Rick Seidman, Chief Executive Officer of QUOIZEL, said: "In my 32 years in the lighting business it is by far the most disruptive technology I have seen, and will transform the lighting industry from the old existing hardwire installation method to a safe plug and play installation method. It will enable our consumers to install fixtures safer, faster, and easier, which eventually will facilitate our customers purchase of fixtures more often."

About SKYX Platforms Corp.

As electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the new standard.

SKYX Platforms Corp. (NASDAQ:SKYX) has a series of highly disruptive advanced-safe-smart platform technologies, with 77 U.S. and global patents and patent pending applications and over 60 lighting and home décor websites. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at https://skyplug.com/ or follow us on LinkedIn.

Forward-Looking Statements

Certain statements made in this press release are not based on historical facts, but are forward-looking statements. These statements can be identified by the use of forward-looking terminology such as "aim," "anticipate," "believe," "can," "could," "continue," "estimate," "expect," "evaluate," "forecast," "guidance," "intend," "likely," "may," "might," "objective," "ongoing," "outlook," "plan," "potential," "predict," "probable," "project," "seek," "should," "target" "view," "will," or "would," or the negative thereof or other variations thereon or comparable terminology, although not all forward-looking statements contain these words. Such forward-looking statements include any statements regarding SKYX's products becoming a new standard. There can be no assurance that any of the Company's current or future products or technologies will gain market acceptance or that they will be adopted by any state, country, or municipality, within any specific timeframe or at all. 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. These statements reflect the Company's reasonable judgment with respect to future events and are subject to risks, uncertainties and other factors, many of which have outcomes difficult to predict and may be outside our control, that could cause actual results or outcomes to differ materially from those in the forward-looking statements. Such risks and uncertainties 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 sales, the Company's efforts and ability to drive the adoption of Sky's Smart Platforms into homes, buildings, cruise ships and communities and adoption by hotels, builders and architects, ability to capture market share, ability to execute on any sales and licensing opportunities, ability to achieve code mandatory status for the SkyPlug, risks arising from mergers and acquisitions, and other risks and uncertainties described in the Company's filings with the Securities and Exchange Commission, including its periodic reports on Form 10-K and Form 10-Q. There is no assurance 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. Any forward-looking statement speaks only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by U.S. federal securities laws.

Media Relations Contacts:

Britney Ouzts/Barbara Goldberg
O'Connell & Goldberg, Inc.
(754) 204-7074/ (954) 294-4677
bouzts@oandgpr.com bgoldberg@oandgpr.com

Investor Relations Contact:

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

SOURCE: SKYX Platforms Corp. dba Sky Technologies