RiskOn International and Meetkai Unveil Generative AI Platform “askROI” and announce pilot program with Effvision

RiskOn International, Inc. (Nasdaq: ROI) (“ROI,” or the “Company”), in partnership with Meetkai, Inc. (“Meetkai”), proudly announces the launch of “askROI.com.” askROI is an innovative artificial intelligence (“AI”) product that is designed to improve the way businesses and individuals manage and access their data.

James Kaplan, Co-Founder and CEO of Meetkai, led this project. “James is one of the most sophisticated computer scientists and programmers I know. His record speaks for itself,” said Milton “Todd” Ault III, Vice Chairman of ROI.

askROI builds on top of the domain specific AI MeetKai has developed over the past five years. “Rather than a generic generative AI solution, this is a product meant to be grounded entirely in your organization’s data, internal tools, and processes,” Kaplan explains. “A combination of domain specific question answering, and agent capabilities allow for the vision of AI becoming an integral part of your business.”

Additionally, askROI is excited to announce a pilot program in collaboration with Effvision Business Solutions (“Effvision”). Effvision is a technology solutions provider with more than 10 years of experience in the tech-empowerment and digital transformation field. This pilot program aims to assist the Company in further developing its new platform askROI through constructive feedback from Effvision.

Adam Alfi, CEO and Founder of Effvision, stated, “Affiliates of RiskOn have partnered with Effvision for years, and through our history we are incredibly excited to embark on this journey as part of RiskOn’s groundbreaking pilot program for their advanced machine learning platform askROI.com. This opportunity marks a pivotal moment for us to explore the frontiers of AI and data analytics. Our team is buzzing with anticipation, ready to delve into the wealth of possibilities that this collaboration presents. We’re not just looking at enhancing our operational processes; we’re aiming to redefine them. We’re enthusiastic about the transformative outcomes we’ll achieve together.”

askROI is accepting businesses to launch pilot programs starting today, January 3, 2024, at askROI.com. The initial pilots will showcase the tool’s ability to deliver a direct return on investment for businesses and individuals nationwide.

About RiskOn International, Inc.

Founded in 2011, the Company owns 100% of BitNile.com, Inc., including the BitNile.com metaverse platform (the “Platform”). The Platform, which went live to the public on March 1, 2023, allows users to engage with a new social networking community and purchase both digital and physical products while playing 3D immersive games. RiskOn recently formed GuyCare to open specialized men’s healthcare clinics. In addition, the Company also owns approximately 66% of Wolf Energy Services Inc. (OTCQB: WOEN) indirectly and approximately 70% of White River Energy Corp (OTCQB: WTRV) directly.

About MeetKai, Inc.

MeetKai Inc. is an AI company based in Los Angeles, California, founded by Executive Chairwoman Weili Dai and CEO James Kaplan in 2018. Listed by Forbes as a leading innovator in the AI speech space, MeetKai's AI applications have reached 75+ million users worldwide. Visit www.meetkai.com for more info and the latest MeetKai news.

About Efficient Business Solutions

Effvision is a technology solutions provider with more than 10 years of experience in the tech-empowerment and digital transformation field. Through the years, we’ve gained our customer’s trust with over 95% clients rehires and hundreds of successful project deliveries globally. We speak both business and technical languages to strategize roadmaps, solve challenges, and deliver tangible results. For More Information about Effvision visit, www.effvision.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 These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and RiskOn will not undertake any obligation to update any of these statements publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. In addition to risks relating to the acceptance of the Platform by individuals, competition with much larger companies operating metaverses and RiskOn’s ability to raise capital, investors should review risk factors, that could affect RiskOn’s business and financial results which are included in RiskOn’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, Forms 10-K, 10-Q and 8-K. All such filings are available at www.sec.gov and on the Company’s website at www.riskonint.com.

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