Blockchain
CYIOS Corp Executes Distribution Agreement to Commence Retail Sales in South Florida Gas Station Convenience Stores for Its 24 Hand Sanitizer Alcohol Free, Safe for School
Deerfield Beach, Florida–(Newsfile Corp. – August 10, 2020) – CYIOS Corp (OTC Pink: CYIO), a publicly traded company focused on developing and marketing specialty branded products in the Health and Wellness markets, is pleased to announce it has executed a distribution agreement for its 24 Hand Sanitizer to be marketed and sold in a group of high traffic gas station convenience stores in south Florida. The agreement allows for onsite marketing and advertising as well as prominent product placement directly at point of sale checkout.
Mr. John O’Shea, Chairman of CYIOS Corp. stated, “We are very excited to sign this distribution agreement for our 24 HAND SANITIZER selling direct to the public through traditional retail store locations. While we continue to ramp up our digital media, online advertising and brand awareness efforts, this is an important milestone and stepping stone for the company to now build out a traditional retail distribution business. This particular group of Exxon/Mobil and Chevron stations in south Florida are family owned franchise locations in high traffic areas. 24 Hand Sanitizer 2oz tubes will be prominently displayed at point of sale checkout. As part of the agreement we will be given space around the stations to market and advertise the product, providing awareness of the brand and education on the benefits of 24 Hand Sanitizer. Retail distribution of our sanitizer is especially timely as many retailers and convenient stores got stuck holding significant inventory of tainted alcohol sanitizer bottles containing a toxic substance Methanol. With the FDA list of recalled and/or banned alcohol sanitizers now greater than 115 brands, retailers and consumers are searching for safe alternatives. Both the retailers and our customers can purchase with confidence and take comfort in the fact that our products are safe, are non-alcohol, non-toxic, non-flammable and suitable for back to school.”
Mr. O’Shea continued, “We believe we are well positioned to expand retail distribution nationally through offering trusted, kid & family safe hand sanitizer products, Made in the USA, and in which contain no alcohol. This is especially important as parents and kids are gearing up for back to school including purchasing school supplies. With hand sanitizer being at the top of most parents’ purchase list, many schools and counties have already put their back to school safety protocols in place which in large part call for no transportation of alcohol based hand sanitizer and are asking parents to refrain from placing flammable alcohol sanitizer in kids backpacks and/or brought to school on school buses due their being flammable and toxic if ingested. 24 Hand Sanitizer is water based with active ingredient Benzalkonium Chloride (BZK) which is one of three active ingredients allowed by the FDA for use in hand sanitizer and the only one that is not alcohol. What’s more, our 24 Hand sanitizer not only kills 99.99% of germs on hands, but is formulated with Zetrisil® for persistent, lasting protection. Unlike alcohol sanitizer which is only effective for a couple minutes until it’s dry, 24 Hand sanitizer with Zetrisil® provides a long-lasting nano-shield of unsurpassed protection for hours against re-contamination. 24 HAND SANITIZER is formulated as a luxurious, long-lasting, alcohol-free sanitizer that leaves hands not only soft and silky smooth, but also germ-free and protected against re-contamination for hours after a single application. There is no sticky residue and no STING like with alcohol based sanitizer. We believe that this initial distribution has the potential to lead to other larger retail distribution opportunities. In addition we have signed an advisory agreement with one of the family members who owns and manages these initial locations. We will be working closely together on specific marketing and advertising efforts with the near term milestone of rolling out to other station/franchise owners as well as to specialty distribution operators in this niche who have reach into 1000’s of retail gas/convenience store locations nationally.”
CONTACT INFORMATION
[email protected]
Investors are encouraged to follow CYIOS using:
www.twitter.com/cyioscorp
www.linkedin.com/company/cyios-corporation-llc
www.facebook.com/cyioscorporation
About ChoiceWellness, Inc
ChoiceWellness, Inc. is a health and wellness company that has brought to market the DR’s CHOICE line of products, as well as the “24” Brand Hand Sanitizer products. DR’s CHOICE was developed with a mission to offer Doctors and Medical Practitioners their own Professional Grade CBD BRAND with a suite of products they could stand behind and be confident to offer to their patients. Our customers can be assured that DR’s CHOICE CBD products have gone through the highest scrutiny of testing for purity, potency and quality. DR’s Choice products have been brought to market for Doctors and Medical Professionals seeking a better solution for patients suffering from pain, inflammation, anxiety or other persistent symptoms. For more information please visit www.choicewellnessbrands.com
About CYIOS Corporation
CYIOS Corporation is a publicly traded company focused on developing and marketing specialty branded products in the Health and Wellness markets, including the “DR’s CHOICE” and “24” brand of products. The team has in-depth knowledge of the health and wellness markets, financial services industry, medical and health services, and blockchain. The Company looks to develop, distribute, and license proprietary products as well as evaluate potential acquisition opportunities. Further, the Company continues to seek and evaluate attractive business opportunities and to leverage its resources and expertise to build a diversified, sustainable business model. For more information please visit www.cyioscorporation.com
FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements.” Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “would,” “could,” “will” & other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company’s actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered w/ these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.
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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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