Ealixir Inc. Enters Into Agreement With Milan Bar Association to Provide Digital Identity Services

Company also terminates Placement Agreement with Pairstech Capital Management


MIAMI and MILAN, Italy, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Ealixir, Inc. (OTC PINK: EAXR) (“Ealixir” or the “Company”), an Internet technology company specializing in the management and protection of digital identity and computer technology rights, today announced the Company has signed a cooperation agreement (the “Agreement”) with Ordine Degli Avvocati Di Milano, the Milan, Italy Bar Association, which provides for the Milan Bar Association to refer potential clients to Ealixir, Inc. in order to resolve any online misinformation The clients will receive a special price on Ealixir’s services. This agreement is expected to significantly enhance Ealixir’s potential client base in Italy.

The Company has also announced that the previously announced agreement with Pairstech Capital Management LLP for the placement of $5 million of the Company’s common stock has been terminated by mutual consent. The Company intends to continue with the private offering on its own accord and is grateful for the number of potential investors introduced by Pairstech Capital Management LLP.

Ealixir’s objective is to help its customers to manage their online identity in order to standardize it to their offline identity. Established by Italian businessman Enea Angelo Trevisan, Ealixir specializes in the management and protection of digital identity and the rights of individuals and businesses worldwide. Since the internet has become the first place most individuals look for information, incorrect information can compromise both the reputation and credibility of a person or a company. Ealixir provides its clients the ability to control and edit information posted or otherwise available on the internet by choosing which links appear in an internet search. Ealixir’s mission is to guarantee accurate results in the management of the digital image by best supporting and assisting its customers. With offices in 28 countries and more than 500 clients worldwide, Ealixir offers its clients eight years of experience 24 hour customer service, and a money back guarantee.

On July 8, 2020 Ealixir announced it had begun trading in the US. On October 26, 2020 Ealixir announced plans to become a fully reporting company in the US and that it has engaged an independent auditor and PCOAB registered accounting firm to conduct an audit of its Consolidated Financial Statements for the fiscal years ending December 31, 2018, 2019 and 2020.

About Ealixir Inc.

Founded in Italy in 2018 by Enea Angelo Trevisan, Ealixir is engaged in providing its clients with the ability to control and edit information posted or otherwise available on the internet. The idea behind Ealixir Inc. is to give people the opportunity to choose the links that appear when someone searches for them on an internet search engine.

The Company provides four services to individuals and businesses, including:

  1. Ealixir Removal - protects the reputation of clients on the worldwide web utilizing the Company's innovative technological platform;
  2. Ealixir Story - assists client in writing customized information for uploading onto the Web;
  3. NewsDelete - filters harmful financial information and misinformation from social engines; and
  4. WebID - prepares detailed reports for individuals, brands and companies, understanding the health status of a digital entity.

Ealixir Removal is the only service that guarantees the removal of unwanted or unfounded links in all cases, offering a money back guarantee to its clients. For more information visit www.ealixir.com.

Safe Harbor Statement

This press release may contain forward looking statements which are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues as well as any payment of dividends on our common and preferred stock, statements related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to general stock market conditions.. We have incurred and will continue to incur significant expenses in our expansion of our existing business and there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. Additional expansion of our service offerings may expose us to additional legal and regulatory costs and unknown exposure(s) based upon the various geopolitical locations we will be providing services in, the impact of which cannot be predicted at this time.

Contact Information:
Hugo Winkler
Corporate Secretary
(305) 908 3438
hugo.winkler@margaretta.biz

Investor Relations:
David Kugelman
(404) 856-9157 Office
(866) 692-6847 Toll Free - U.S. & Canada
dk@atlcp.com