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Xalles Holdings Announces Reorganization

The following corporate structure changes have been completed. The company has divested itself in its stake in Gateway Innovations Limited, Appy Perks, Inc., and Artemis Defense Technologies UK Ltd. The company has also discontinued Xalles Studio and Xalles Advisors business lines as part of its new focus. As part of these divestitures, the company has reduced its total debt, including potential fees and interest, by over $3 million.

Xalles retains its 25% ownership stake in Adaptive Analytics, Inc. (“Adaptive”) with an option to acquire the remaining 75% stake. Adaptive is an industry-leading, enterprise-class platform (v11) for enhanced analytics and governance leveraging AI and natural language search (automation). The Adaptive platform is focused on “domain centric content” for enhanced customer segmentation analytics. The platform covers the following critical solution areas:

  • Data Governance
  • Metadata Management
  • Business Glossary and Ontology Management
  • Data Catalog Leveraging AI
  • Data Lineage Analysis
  • Report Rationalization
  • Enterprise Architecture
  • IT Portfolio Management
  • Regulatory Compliance
  • Data Quality Management
  • Data Privacy
  • Contract License Compliance
  • Total Fan Experience
  • Digital Currency Governance

Adaptive clients include Bank of America, National Bank of Greece, Deloitte Consulting, and numerous other financial services, consulting and technology companies.   Xalles will focus on fundraising related to growth capital for Adaptive. 

About Xalles Holdings Inc. (OTC Pink: XALL)
Xalles Holdings Inc. is a leading holding company, specializing in innovative technology and financial service solutions. Focused on growth and diversification, Xalles Holdings is committed to developing cutting-edge technology-based solutions across various sectors, with an emphasis on supporting disruptive companies. The company actively seeks acquisition targets with solid management teams, robust business models, expansive total attainable markets (TAM), and enticing exit opportunities. Emphasizing the integration of cutting-edge technologies, Xalles provides industry-leading solutions, poised to capture recurring revenue streams over time. Discover more at Xalles.com.

Forward-Looking Statements Disclaimer:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at SEC.gov and in OTC Markets at OTCMarkets.com.

Investor Relations Contact:
IR@xalles.com
202-595-1299
Xalles.com

 

 

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