Jeffs' Brands Holdings Signs Non-Binding MOU for Exclusive Multi-Continent Distribution of Electromagnetic Imaging AI Technology for Homeland Security

Partnership Announcement: Jeffs' Brands Ltd has signed a non-binding Memorandum of Understanding with Scanary Ltd to enter the homeland-security sector, focusing on AI-powered threat detection systems that can scan 25,000 people per hour without stopping them.

Technology Overview: The AI-radar screening system utilizes 3D imaging and electromagnetic technology for real-time threat detection, designed for high-traffic areas like airports and stadiums, eliminating the need for traditional checkpoints.

Distribution Rights and Financial Terms: Under the MOU, Jeffs' Brands Holdings will receive exclusive distribution rights in Canada, Germany, and the UAE for 24 months, with a one-time payment of $1 million to Scanary, repayable through a percentage of profits from sales outside exclusive territories.

Future Plans: The agreement may lead to a corporate rebranding of Jeffs' Brands Holdings to KeepZone Technologies Inc., with a definitive agreement expected within 30 days, subject to due diligence and regulatory approvals.