FatBrain AI (LZG International, Inc) Signs Multiple Strategic Distribution Agreements That Significantly Increase Customer Base

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Jun 21, 2023, 08:30 ET

NEW YORK, June 21, 2023 /PRNewswire/ -- FatBrain AI (LZG International, Inc., OTCQB: LZGI) (the "Company," or "we"), the leader in powerful and easy-to-use AI solutions for the enterprise stars of tomorrow, signs multiple distribution agreements. The agreements, with large multinational corporations, drive the extended enterprise go-to-market to allow FatBrain AI to bring its products to thousands of potential customers rapidly.

FatBrain is focused on simplifying decision-making for Small to Midsize Enterprises (SME) and giving them the power to harness big data and AI to grow, protect and expand their businesses. FatBrain offers a comprehensive suite of solutions that work by plugging into existing software-as-a-service (SaaS) products like Quickbooks, Shopify, Salesforce, Slack and Hubspot, as well as hundreds of other applications.

"By aligning with these corporations, we are able to quickly grow our customer base. We have already added nearly one hundred customers to our fast-growing customer base in just the last few weeks. Our goal is add several thousand new customers over the next twelve months and we are successfully tracking towards this objective. We currently have a large pipeline of customers and acquisition candidates, totaling approximately $316 million, that should multiply our revenue several fold during the next 12-24 months," stated Peter B. Ritz, co-founder and CEO of FatBrain AI.

About FatBrain AI (LZG International, Inc., OTCQB: LZGI)

FatBrain AI provides powerful and easy-to-use AI solutions to empower the enterprise stars of tomorrow to grow, innovate, and drive the majority of the global economy. FatBrain's AI 2.0 technologies and advanced data services transform continuous learning, narrative reasoning, large language models, cloud and blockchain technologies into auditable, explainable and easy to integrate AI solutions. FatBrain's subscriptions allow all companies to deploy its advanced AI solutions quickly, easily, and securely behind their firewalls or via cloud. FatBrain's global delivery includes 600+ team across design, development centers in the US, UK, India , and Kazakh Republic.

For more information, please visit: https://www.fatbrain.ai

Forward Looking Statement

This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed with the Securities and Exchange Commission on September 13, 2022 . Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. All forecasts provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are based entirely on management's best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

SOURCE LZG International, Inc.