PRESS RELEASE

from Spetz Inc. (NASDAQ:DBKSF)

Spetz Launches AI Voice Activation

TORONTO, ON / ACCESSWIRE / October 6, 2023 / SPETZ INC. (the " Company " or " Spetz ") (CSE:SPTZ)(OTC PINK:DBKSF) is pleased to announced the launch of its AI voice activation channel that will allow consumers to activate the Spetz service through "conversational" phone calls.

The voice activation channel was developed in-house by the Spetz's development team and is powered by cutting-edge AI technologies such as ChatGPT and Whisper by OpenAI. It also utilizes leading speech-to-text and neural agent text-to-speech technologies to create a powerful user experience.

The new channel allows consumers to ask for the service they need with all the required information, such as location and time, through an open conversation with a dynamic response. This technology will assist in immediate communication with top-matched service providers.

The AI voice activation of Spetz will not only make Spetz services more accessible to consumers who want to use them in a quick and easy way, but it will also be a valuable solution for people with disabilities. By utilizing this new channel, the company hopes to reduce its acquisition cost per service call as well as increase the efficiency of its marketing activities.

"We are excited to launch our new AI voice activation solution, which we believe is unique in our industry," said Yossi Nevo, CEO of Spetz. "We are proud to be an innovator in the home and family services industry, and we believe that this technology will help us increase the number of service calls, and open our service to new audiences."

About Spetz Inc.

Spetz Inc. is a multinational technology company that operates Spetz, a global online, AI-powered marketplace platform that dynamically connects consumers to nearby top-rated service providers in around 30 seconds. Spetz is available in the USA, United Kingdom, Australia, and Israel. The Spetz vision is to reinvent how people around the world connect to services in their moment of need. Connecting them immediately with the top-matched service provider for any need, anytime, anywhere.

Spetz Website: www.spetz.app
Spetz Investor information: https://investor.spetz.app/

Company Contacts:

Ofir Friedman
Director and Chief Marketing Officer
Email: ofir@spetz.app

Norm Akierman
Investor Relations Manager
​​​​​Email: Investors@spetz.app
Phone: 647-956-6033

NEITHER THE CANADIAN SECURITIES EXCHANGE, NOR THEIR REGULATION SERVICES PROVIDERS HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Cautionary Note Regarding Forward-looking Statements

Certain information in this press release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements and are based on expectations, estimates and projections as at the date of this press release. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "plans" "expect", "potential", "believe", "intend" or negatives of these terms and similar expressions.

Forward-looking statements are based on certain assumptions. While the Company considers these assumptions to be reasonable based on information currently available, they are inherently subject to significant business, economic and competitive uncertainties and contingencies and they may prove to be incorrect..

Forward-looking statements also necessarily involve known and unknown risks, including without limitation: risks associated with general economic conditions; and increased competition in the mobile application and home-services market.

Readers are cautioned that the foregoing is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ from those anticipated. Forward-looking statements are not guarantees of future performance. The purpose of forward-looking information is to provide the reader with a description of management's expectations, and such forward-looking information may not be appropriate for any other purpose. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise. Forward-looking statements contained in this news release are made as to the date hereof and are expressly qualified by this cautionary statement. Except as required by law, the Company assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change.

SOURCE: Spetz Inc.



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