FOXO Technologies Inc. (NYSEAM: FOXO), a leader in the field of
commercializing epigenetic biomarker technology, has advanced in
its mission to utilize the power of epigenetics and artificial
intelligence to generate data-driven insights that promote optimal
health and longevity. In collaboration with DataRobot, the leader
in Value-Driven AI, FOXO has successfully harnessed the powers of
predictive AI and high-throughput automation to estimate factors
associated with human longevity using epigenetic biomarkers.
Epigenetic biomarkers provide valuable insights into the
relationships among health, aging, and human longevity. These
biomarkers are developed by leveraging DNA methylation microarray
technology, which covers over 860,000 sites on the human genome. By
automating the training and evaluation of thousands of models, FOXO
is spearheading the commercialization of these revolutionary
epigenetic biomarkers, paving the way for advancements in
personalized wellness and disease prevention.
FOXO's partnership with DataRobot has proven instrumental in its
efforts to propel this research forward. By leveraging DataRobot's
powerful AI platform, FOXO can efficiently analyze vast amounts of
complex data, significantly expediting the identification of key
biomarkers. FOXO believes the integration of AI and machine
learning will enable FOXO to remain at the forefront of epigenetic
research, ensuring unparalleled speed and computational capacity
for their clients.
Nichole Rigby, Director of Bioinformatics and Data Science at
FOXO Technologies, emphasized the significance of their
collaboration with DataRobot: “This partnership has been
transformative for our research. DataRobot's library of advanced
algorithms and extensive automation capabilities have empowered us
to rapidly transform DNA methylation data into useful insights,
enabling us to develop and deploy software products quickly.”
“We believe that with the ability to analyze data at scale, FOXO
can uncover critical patterns and associations that hold the
potential to reshape healthcare and wellness strategies,” stated
CEO of FOXO Technologies, Tyler Danielson. “Our mission is to
enhance human health and longevity through innovative technologies.
Collaborating with DataRobot has given us the tools to accelerate
our efforts, providing crucial insights into the aging process and
ultimately enabling us to improve the quality of life for people
worldwide.”
About FOXO Technologies Inc. (“FOXO”)
FOXO Technologies is a pioneering biotechnology company at the
forefront of commercializing epigenetic biomarker technology. Their
mission is to utilize the power of epigenetics and artificial
intelligence to generate data-driven insights that promote optimal
health and longevity outcomes for individuals and organizations
alike.
About DataRobot
DataRobot is the leader in Value-Driven AI, a unique and
collaborative approach to generative and predictive AI that
combines an open platform, deep expertise and broad use-case
experience to improve how organizations run, grow and optimize
their business. The DataRobot AI Platform is the only complete AI
lifecycle platform that interoperates with an organization’s
existing investments in data, applications and business processes,
and can be deployed on any cloud environment. Global organizations,
including 40% of the Fortune 50, rely on DataRobot to drive greater
impact and value from AI. Learn more at datarobot.com and follow us
on LinkedIn and X (@DataRobot).
Forward-Looking Statements
This press release contains certain forward-looking statements
for purposes of the “safe harbor” provisions under the United
States Private Securities Litigation Reform Act of 1995. Any
statements other than statements of historical fact contained
herein, including statements as to future results of operations and
financial position, planned products and services, business
strategy and plans, objectives of management for future operations
of FOXO, market size and growth opportunities, competitive position
and technological and market trends, are forward-looking
statements. Such forward-looking statements include, but are not
limited to, expectations, hopes, beliefs, intentions, plans,
prospects, financial results or strategies regarding FOXO, whether
FOXO will remain at the forefront of epigenetic research, whether
FOXO will be able to uncover critical patterns and associations
that hold the potential to reshape healthcare and wellness
strategies, the future financial condition and performance of FOXO
and the products and markets and expected future performance and
market opportunities of FOXO. These forward-looking statements
generally are identified by the words “anticipate,” “believe,”
“could,” “expect,” “estimate,” “future,” “intend,” “strategy,”
“may,” “might,” “strategy,” “opportunity,” “plan,” project,”
“possible,” “potential,” “project,” “predict,” “scales,”
“representative of,” “valuation,” “should,” “will,” “would,” “will
be,” “will continue,” “will likely result,” and similar
expressions, but the absence of these words does not mean that a
statement is not forward-looking. Forward-looking statements are
predictions, projections and other statements about future events
that are based on current expectations and assumptions and, as a
result, are subject to risks and uncertainties. Many factors could
cause actual future events to differ materially from the
forward-looking statements in this press release, including but not
limited to: (i) the risk of changes in the competitive and highly
regulated industries in which FOXO operates, variations in
operating performance across competitors or changes in laws and
regulations affecting FOXO’s business, (ii) the ability to
implement FOXO’s business plans, forecasts, and other expectations,
(iii) the ability to continue as a going concern and obtain
financing, (iv) the ability to maintain its NYSE American listing,
(v) the risk that FOXO has a history of losses and may not achieve
or maintain profitability in the future, (vi) potential inability
of FOXO to establish or maintain relationships required to advance
its goals or to achieve its commercialization and development
plans, (vii) the enforceability of FOXO’s intellectual property,
including its patents and the potential infringement on the
intellectual property rights of others, and (viii) the risk of
downturns and a changing regulatory landscape in the highly
competitive biotechnology industry or in the markets or industries
in which FOXO operates, including the highly regulated insurance
industry. The foregoing list of factors is not exhaustive. Readers
should carefully consider the foregoing factors and the other risks
and uncertainties discussed in FOXO’s most recent reports on Forms
10-K and 10-Q, particularly the “Risk Factors” sections of those
reports, and in other documents FOXO has filed, or will file, with
the SEC. These filings identify and address other important risks
and uncertainties that could cause actual events and results to
differ materially from those contained in the forward-looking
statements. Forward-looking statements speak only as of the date
they are made. Readers are cautioned not to put undue reliance on
forward-looking statements, and FOXO assumes no obligation and do
not intend to update or revise these forward-looking statements,
whether as a result of new information, future events, or
otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20230817594983/en/
Investor Relations Matthew Hausch, Cody Slach Gateway
Investor Relations (949) 574-3860 FOXO@gatewayir.com
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