February 26, 2024

SKYX Will Be a Main Event Starting Tomorrow at The World Leading Builder Show (IBS - NAHB) in Las Vegas

As SKYX Continues to Enhance Market Penetration of its Advanced and Smart Platform Technologies, it will Officially Launch its patented technologies to the Builder Segments at IBS Opening Tomorrow, February 27-29 in Las Vegas

SKYX’s Advanced Technology, Which Won 7 CES Awards, Enables a High-End, Safe, Time-Saving Instant Smart Home Solution That Will Significantly Enhance Real-Estate Value for Both Developers and Homeowners

SKYX is Collaborating with World Leading Lighting Manufacturer KICHLER and U.S. Leading Manufacturer QUOIZEL for the IBS, Builder, Online and Retail Segments

SKYX will Showcase its Technologies at its Main Booth: West Hall (W3001) and in all Five IBS Homes of the Future

MIAMI, FL – February 26, 2024 – SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "SKYX Technologies”), a highly disruptive platform technology company with over 77 pending and issued patents globally, and over 60 lighting and home décor websites with a mission to make homes and buildings become smart and safe as the new standard, today announced that it will be a main event starting tomorrow at the International Builders’ Show (IBS - NAHB) in Las Vegas, Nevada from February 27-29, 2024. The Company will showcase a variety of its advanced smart home technologies at its main booth: West Hall (W3001) as well as in all five of the IBS Homes of the Future exhibits.

SKYX’s patented advanced smart platform technology won seven awards at the 2023 and 2024 Consumer Electronics Show (CES) events.

SKYX’s technologies provide a high-end, safe, time-saving, cost-saving, instant, advanced and smart home solution that will significantly enhance real-estate value for both developers and homeowners.

Smart Home Play & Plug Product

Pictured Above: The SKYX family of plug-and-play ceiling outlets in 1, 4, 8 and 24 count packaging, including the all-in-one smart home platform among others.

SKYX’s technologies enables a safe, easy plug & play installation of smart home products, light fixtures and ceiling fans among other electrical products. SKYX’s All-in-One Smart Platform offers a complete stand-alone platform system that can operate on a standalone basis or can be used to connect light fixtures. The product is controlled by an app and voice control, including features such as scheduling, eco/energy saving mode, smoke and carbon monoxide detector, premium smart speaker, Wi-Fi repeater, Wi-Fi/Bluetooth and Matter connectivity, color-changing room ambiance/night-light as well as an emergency light, emergency internet, house intercom features, plug & play lighting, and more. It integrates with Apple Siri, Amazon Alexa, Google Home, Samsung Smart Things and more.

The International Builders’ Show in the largest annual construction show in the world, expected to host over 70,000 visitors from more than 100 countries. It serves as a premier, once-a-year event that connects, educates, and improves the residential construction industry – acting as a hub for production launches, construction demos, industry thought leader sessions, workshops, panel discussions and more. The event is organized by the National Association of Home Builders (NAHB), representing 140,000 members as the voice for housing policies in the United States.

Rani Kohen, Founder and Executive Chairman of SKYX Platforms, said: “We are excited to be a main event at IBS 2024 in the Homes of the Future exhibit, with a goal to continue enhancing our market penetration and demonstrating our innovative solution to leading builders internationally. Our advanced technology enables a high-end, safe, time-saving and instant smart home solution that will significantly enhance real-estate value for both developers and homeowners.”

To learn more, please visit the IBS website at https://www.buildersshow.com.

About SKYX Platforms Corp.

As electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the new standard. SKYX Platforms Corp. (NASDAQ:SKYX) has a series of highly disruptive advanced-safe-smart platform technologies, with 77 U.S. and global patents and patent pending applications and over 60 lighting and home décor websites. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our Skyplug smart base products are necessary for every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at https://skyplug.com/ or follow us on LinkedIn.

Forward-Looking Statements

Certain statements made in this press release are not based on historical facts, but are forward-looking statements. These statements can be identified by the use of forward-looking terminology such as “aim,” “anticipate,” “believe,” “can,” “could,” “continue,” “estimate,” “expect,” “evaluate,” “forecast,” “guidance,” “intend,” “likely,” “may,” “might,” “objective,” “ongoing,” “outlook,” “plan,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “target” “view,” “will,” or “would,” or the negative thereof or other variations thereon or comparable terminology, although not all forward-looking statements contain these words. These statements reflect the Company’s reasonable judgment with respect to future events and are subject to risks, uncertainties and other factors, many of which have outcomes difficult to predict and may be outside our control, that could cause actual results or outcomes to differ materially from those in the forward-looking statements. Such risks and uncertainties include statements relating to the Company’s ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its products and technologies and integrate its products and technologies with third-party platforms or technologies; the Company’s efforts and ability to drive the adoption of its products and technologies as a standard feature, including their use in homes, hotels, offices and cruise ships; the Company’s ability to capture market share; the Company’s estimates of its potential addressable market and demand for its products and technologies; the Company’s ability to raise additional capital to support its operations as needed, which may not be available on acceptable terms or at all; the Company’s ability to execute on any sales and licensing or other strategic opportunities; the possibility that any of the Company’s products will become National Electrical Code (NEC)-code or otherwise code mandatory in any jurisdiction, or that any of the Company’s current or future products or technologies will be adopted by any state, country, or municipality, within any specific timeframe or at all; risks arising from mergers, acquisitions, joint ventures and other collaborations; the Company’s ability to attract and retain key executives and qualified personnel; guidance provided by management, which may differ from the Company’s actual operating results; the potential impact of unstable market and economic conditions on the Company’s business, financial condition, and stock price; and other risks and uncertainties described in the Company’s filings with the Securities and Exchange Commission, including its periodic reports on Form 10-K and Form 10-Q. There can be no assurance as to any of the foregoing matters. Any forward-looking statement speaks only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by U.S. federal securities laws.

Media Relations Contacts:
Britney Ouzts/Barbara Goldberg
O'Connell & Goldberg, Inc.
(754) 204-7074/ (954) 294-4677
bouzts@oandgpr.com / bgoldberg@oandgpr.com

Investor Relations Contact:
Lucas A. Zimmerman
MZ North America
(949) 259-4987
SKYX@mzgroup.us

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