SHANGHAI, June 6, 2024 /PRNewswire/ -- Xiao-I Corporation (NASDAQ: AIXI) ("Xiao-I" or the "Company"), a leading AI company, announces a contract is secured from a renowned multinational conglomerate in the health technology sector base in China. This contract is set to revolutionize knowledge management practices within the consumer electronics and health technology industries.

In the dynamic realms of consumer electronics and health technology, managing extensive knowledge resources effectively presents numerous challenges. Companies often grapple with scattered information across multiple departments, the constant threat of outdated content, cultural and platform-specific barriers to knowledge sharing, and the necessity of maintaining a cohesive and current knowledge base that caters to a varied workforce.

Xiao-I introduces its Intelligent Knowledge Management Platform, a comprehensive solution offering intelligent and unified knowledge management and application services. Designed to collect and intelligently apply knowledge resources, this platform facilitates collaboration and sharing across different departments and centers. Key advantages include AI-assisted content editing, intelligent knowledge operations, efficient process approval, combinatorial and intelligent search capabilities, intelligent knowledge recommendation, multi-model knowledge display, multi-scenario application tools, and multi-channel knowledge push.

By integrating Xiao-I's AI Intelligent Knowledge Management Platform, Xiao-I's partner aims to streamline its knowledge management processes. The platform's intelligent operations will automate tasks such as classification, duplicate checking, and FAQ splitting, reducing the burden on maintainers and ensuring that knowledge remains current and relevant. Intelligent search and recommendation features empower employees to quickly access the information they need, fostering a culture of knowledge sharing and collaboration. Additionally, multi-model knowledge display and multi-scenario application tools cater to diverse business needs, enhancing cross-functional teamwork and decision-making.

The adoption of Xiao-I's AI-powered platform signifies a major step forward for consumer electronics and health technology in leveraging cutting-edge technology to revolutionize its knowledge management strategy. This platform addresses immediate pain points while positioning the Company at the forefront of innovation within the consumer electronics and health technology industries.

About Xiao-I Corporation

Xiao-I Corporation is a leading cognitive intelligence enterprise in China that offers a diverse range of business solutions and services in artificial intelligence, covering natural language processing, voice and image recognition, machine learning, and affective computing. Since its inception in 2001, the Company has developed an extensive portfolio of cognitive intelligence technologies that are highly suitable and have been applied to a wide variety of business cases. Xiao-I powers its cognitive intelligence products and services with its cutting-edge, proprietary AI technologies to enable and promote industrial digitization, intelligent upgrading, and transformation. For more information, please visit: www.xiaoi.com.

Forward-Looking Statements

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's ability to achieve its goals and strategies, the Company's future business development and plans for future business development, including its financial conditions and results of operations, product and service demand and acceptance, reputation and brand, the impact of competition and pricing, changes in technology, government regulations, fluctuations in general economic and business conditions in China, and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the U.S. Securities and Exchange Commission ("SEC"). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, including under the section entitled "Risk Factors" in its annual report on Form 20-F filed with the SEC on April 30, 2024, as well as its current reports on Form 6-K and other filings, all of which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

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SOURCE Xiao-I Corporation