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Nixxy Purchases CallAI and AQUA Health Coach Platforms for $3.9 Million in Cash and Stock
Strategic Expansion: Nixxy purchases two advanced AI software platforms to broaden its portfolio and capabilities in telecom and healthcare technology.
Telecom Synergy: CallAI's technology is expected to augment Nixxy's Auralink AI telecom subsidiary, enhancing the Company's AI-driven voice communication offerings.
Healthcare Innovation: AQUA Health Coach adds a GPT-4 powered platform aimed at addressing inefficiencies in patient health engagement and wellness coaching.
U.S.-Focused Deployment: Initial rollout of the newly purchased solutions is planned for US clients, with potential collaboration opportunities with international partners over time.
NEW YORK, NY / ACCESS Newswire / March 31, 2025 / Nixxy, Inc. (NASDAQ:NIXX) ("Nixxy" or the "Company") today announced that it has purchased two software systems - CallAITM and AQUA Health CoachTM - from Aqua Software Technology, Inc.
Aqua Software, headquartered in Canada, is a cloud-based software solutions company. Nixxy actively evaluates AI software solutions globally to identify promising technologies available at attractive valuations. The transaction is valued at $3.9 million in a combination of cash and restricted common stock. It adds an AI-based outbound/inbound enterprise calling system and a GPT-4 powered health engagement platform to Nixxy's growing technology portfolio.
Strategic Fit and Use Cases
CallAI, an AI-driven outbound and inbound calling software platform, complements Nixxy's existing AI-driven telecommunication systems by introducing advanced automation for voice calls. It is designed to streamline enterprise call workflows through intelligent outbound dialing and natural language processing for inbound inquiries. CallAI is deployable on public or private cloud architectures, making it suitable for organizations - including those with high privacy and regulatory compliance requirements. Nixxy plans to integrate key components of CallAI into its telecom subsidiary, Auralink AI, to enhance the performance and value of its services such as interactive voice response (IVR) and smart call routing.
AQUA Health Coach, a digital health engagement platform powered by OpenAI's GPT-4, addresses inefficiencies in patient health engagement by providing healthcare patients with personalized, AI-driven coaching and support. Users interact with AQUA Health Coach via a conversational interface that features visual elements like voice and lip-synced digital avatars, offering a more lifelike engagement experience. By incorporating AQUA Health Coach into its portfolio, Nixxy aims to help healthcare organizations increase patient adherence to care plans and wellness programs - improving patient outcomes for insurers and healthcare organizations - through scalable, round-the-clock AI interactions.
Together, these AI-powered solutions form a future-ready foundation for intelligent, scalable, and human-centric digital engagement.
Commenting on the transaction, Nixxy Interim CEO Miles Jennings said, "Our purchase of CallAI and AQUA Health Coach AI software represents a strategic step forward to increase the value of our company and strengthen our overall service proposition. Both serve to diversify Nixxy's AI solutions across industries. Each platform solves distinct, high-impact challenges - from streamlining enterprise communications to fostering better patient engagement and outcomes."
"We are excited to bring these technologies into the Nixxy family and synergistically integrate their capabilities with our existing offerings, including our telecom-focused Auralink AITM subsidiary," Jennings added. "Our team is focused on executing a smooth, innovative integration to deliver high value to our customers and shareholders."
Large, Rapidly Growing Addressable Markets
Analysts at Precedence Research report, "The global call center AI market size accounted for $3.23 billion in 2024 and is projected to be worth around $25.84 billion by 2034, registering a CAGR of 23.11%. The North America call center AI market size is calculated at $1.36 billion in 2024 and is estimated to grow at a CAGR of 23.26% during the forecast period.
Call Center AI Market Key Takeaways
North America generated more than 42% of the revenue share in 2023.
By component, the services segment is expected to witness a significant pace of growth during the forecast period.
By deployment, the on-premises segment is expected to maintain its position in the market. The cloud deployment segment is expected to register the fastest growth during the forecast period.
By application, the predictive call routing segment is expected to hold the largest share among other application segments during the forecast period.
By enterprises, the large-scale enterprises segment leads the global call center AI market, the small and medium-scale enterprises segment will grow at a significant rate."
Similarly, analysts at Grand View Research report, "The global chatbot market size was estimated at $7.76 billion in 2024 and is expected to witness growth at a CAGR of 23.3% from 2025 to 2030. The chatbot industry is experiencing significant growth due to advancements in artificial intelligence (AI) and machine learning.
Businesses are increasingly adopting chatbots to enhance customer interactions and streamline operations. These virtual assistants provide 24/7 availability, reducing response times and improving user satisfaction.
Industries such as e-commerce, banking, and data privacy & compliance are particularly benefitting from these innovations.
The integration of natural language processing has enabled chatbots to handle complex queries with greater accuracy.
This has expanded their use beyond customer support to areas like sales and internal operations."
Deployment Focus: U.S. and Global Outlook
Initially, Nixxy plans to deploy CallAI and AQUA Health Coach for U.S.-based B2B clients reflecting the Company's focus on domestic market needs and regulatory compliance. This US-first approach allows Nixxy to ensure each solution meets high standards for performance, security, and privacy, in its primary market. In parallel, Nixxy will explore opportunities to collaborate with international partners to adapt these platforms for global markets to enable organizations worldwide to benefit from AI-enhanced telecom and healthcare engagement solutions.
CallAI - AI-based Outbound/Inbound Calling Software Performance Highlights
Intelligent Call Automation: Automates outbound calling campaigns and handles inbound calls using AI-driven voice assistants, reducing the need for manual dialing and minimizing customers' hold times
Natural Language IVR: Leverages natural language processing to interact with callers in real time, enabling human-like responses and efficient call routing without cumbersome touch-tone menus
Predictive Dialing & Analytics: Uses machine learning to optimize call scheduling and connect rates, while providing analytics on call outcomes to continually improve the efficiency of customer outreach strategies
Auralink Integration: Planned integration with the Company's Auralink AI subsidiary's telecom infrastructure, enhancing voice networks with smart call routing, automated responses, and AI-driven customer interactions
Scalable & Compliant: Scales to handle high call volumes for enterprise use, while maintaining compliance with U.S. telecommunications regulations and consumer protection standards. Deployable on public or private cloud servers.
AQUA Health Coach - GPT-4-Powered Health Engagement Platform Performance Highlights
Personalized AI Health Coaching: Delivers tailored health and wellness guidance through a conversational AI coach, using GPT-4 to address individual patient questions and goals with empathy and accuracy
Improved Patient Engagement: Automates routine follow-ups, appointment reminders, and wellness check-ins to keep patients engaged in their care plans between clinical visits, helping reduce gaps in care and improving patient compliance and outcomes
Data-Driven Insights: Analyzes user interaction data (with industry-standard HIPAA privacy safeguards) to provide healthcare providers with actionable insights into patient population common issues, engagement levels, and areas that may require individual patient intervention
Secure & Compliant: Built with strong data security measures and in compliance with healthcare regulations (HIPAA), ensuring that sensitive health information is handled safely and responsibly
Flexible Integration & Multi-Modal UI: Offers simple integration into existing healthcare systems and apps via APIs. It can leverage interactive avatars or voice inputs to enhance user experiences
About Nixxy, Inc.
Nixxy, Inc. (NASDAQ:NIXX) is a publicly traded technology company focused on harnessing AI-driven solutions to transform technologically fragmented industries. By acquiring and integrating advanced platforms, Nixxy aims to strategically unlock potential, accelerate digital disruption, and create long-term value. Nixxy's current focus includes Auralink AI, its telecom, AI billing and Communications Platform as a Service(CpaaS) software subsidiary delivering innovative AI-powered services to a rapidly evolving market. Learn more at https://www.nixxy.com.
Forward-Looking Statements
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. Forward-looking statements may include, but are not limited to, statements regarding our future operating results, financial position, business strategy, plans and objectives of management for future operations, market size and growth opportunities, competitive position, technological innovations, and other statements regarding our intent, belief, or current expectations. These statements are based on assumptions believed to be reasonable but are inherently subject to a wide range of risks and uncertainties that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. Words such as "anticipates," "believes," "could," "estimates," "expects," "intends," "may," "plans," "projects," "should," "targets," "will," "would," and similar expressions are intended to identify such forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Safe Harbor Provision
Any forward-looking statements included in this press release are provided pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current information and expectations as of the date hereof and are subject to significant business, economic, and competitive risks, uncertainties, and contingencies, many of which are beyond our control. Actual results, performance, or achievements may differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these forward-looking statements.
Non-Solicitation and No Offer to Purchase Securities
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities of Nixxy, Inc. (the "Company"), nor shall it form the basis of, or be relied upon in connection with, any contract to purchase or subscribe for any securities. Nothing contained herein is intended as financial, legal, or tax advice. No information in this press release should be construed as a recommendation regarding any securities of the Company, or any other entity, nor should it be considered a substitute for careful review and due diligence by any prospective investor.
Preliminary Financial Information
Any references to expected or forecasted revenues, financial performance, or results are unaudited and based on internal operational data, including usage volume, contractual terms, and system-generated cost models. These figures are subject to change and may not be realized as actual billings or collections. They should not be interpreted as guarantees of financial performance. Investors should rely solely upon the Company's audited financial statements when making any investment decisions.
Basis of Preliminary Revenue Estimates
The preliminary revenue figures referenced in this release are based on internal data models incorporating usage metrics, customer activity, and port-level cost structures. These figures are estimates only and have not been invoiced or recognized under generally accepted accounting principles (GAAP). No assurance can be given that actual billed or collected revenue will align with these estimates.
Risk Factors and Uncertainties
Numerous risk factors and uncertainties could cause actual outcomes to differ materially from those expressed in any forward-looking statements. These risk factors include, but are not limited to: the Company's ability to integrate newly acquired technology or businesses successfully; market adoption of AI, telecom, or other emerging technology solutions; changes in economic conditions, consumer demand, or regulatory environments; competition from existing and new market participants; global events affecting supply chains or capital markets; the Company's ongoing capital requirements and access to financing; and other risks described in the Company's filings with the U.S. Securities and Exchange Commission ("SEC"), including its most recent annual and quarterly reports. The Company's SEC filings are available at www.sec.gov.
No Duty to Update
Except as required by law, the Company expressly disclaims any obligation or undertaking to update, supplement, or revise any forward-looking statements contained herein to reflect any change in the Company's expectations with regard thereto or any change in events, conditions, or circumstances on which any statement is based. Past performance is not necessarily indicative of future results.
Reliance on Information
All information contained in this press release is provided "as is" and without representation or warranty of any kind. While the Company believes such information to be accurate as of the date of publication, it undertakes no duty to update this information for subsequent developments. Readers should independently verify any information on which they intend to rely in making an investment decision or otherwise.
Third-Party Information
Where this press release includes references to third-party sources, product capabilities, data, or websites, such information has been provided by the third party and has not been independently verified by the Company. The Company makes no representations or warranties, express or implied, regarding the accuracy, completeness, or current applicability of such information, including any product features or performance claims. Any reliance on third-party information is at the reader's own risk. The Company expressly disclaims any liability arising from the inclusion of third-party content or representations.
Trademarks
Any trademarks, service marks, trade names, or logos referenced in this press release are the property of their respective owners. Reference to any specific product or service does not constitute or imply endorsement by the Company unless expressly stated.
No Financial, Legal, or Tax Advice
This press release is provided for informational purposes only and does not constitute or contain legal, tax, accounting, or investment advice. Readers should consult their own professional advisors before making any financial decisions.
Investor Contact:
Nixxy, Inc. Investor Relations
Email: [email protected]
Phone: (877) 708-8868
SOURCE: Nixxy, Inc.
View the original press release on ACCESS Newswire
O.Karlsson--AMWN