SOS Reports Progress on the Construction of Its North American Super-Computing and Hosting Center – PRNewswire

QINGDAO, China, Nov. 9, 2021 /PRNewswire/ -- SOS Limited (NYSE:SOS) (the "Company" or "SOS") reported the status of Phase I construction of its supercomputing and hostingcenter in North America. The center is located in Marinette county Wisconsin, a state with rich natural resources and renewable energy.

SOS has been actively expanding its global footprint during the past year or so. The total power at the Wisconsin center isexpected to be 50MW, fueled by renewable power and grid power. The Wisconsin facility is projected to have a total BTC hash power of 1,000 PH once in full capacity of operation. Phase I of the center is projected to use up to 20MW 17 units of mobile smart data center are equipped for this purpose. At present, 6 units of mobile smart data center have arrived in Wisconsin. Another 11 units mobile smart data center are in transits and are expected to arrive around December 2021.

Mr. Yandai Wang, CEO and Chairman of SOS, commented, "the supercomputing and hosting center in Wisconsin is an important part of SOS's efforts to create its own blockchain technology based ecosystem. We look forward to launching our Super-Computing and Hosting service business in Wisconsin in the first quarter of 2022.

About SOS Limited

SOS is an emerging blockchain-based and big data-driven marketing solution provider, with a nationwide membership base of approximately 20 million inChina. SOS is also engaged in blockchain and supercomputing operations, and may expand into.cryptocurrency security and insurance in the future. SinceApril 2021, SOS launched commodity trading via our subsidiary SOS International Trading Co. Ltd. The core infrastructure of SOS' marketing data, technology and solutions to insurance and emergency rescue services is built on big data, blockchain-based technology, cloud computing, AI, satellite, and 5G network, etc. SOS has created a cloud "software as a service (SaaS)" platform for emergency rescue services, with three major product categories: basic cloud, cooperative cloud, and information cloud. This system provides innovative marketing solutions to clients such as insurance companies, financial institutions, medical institutions, healthcare providers, auto manufacturers, security providers, senior living assistance providers, and other service providers in the emergency rescue services industry. For more information, please visit:http://www.sosyun.com/

Forward-Looking Statements

Certain statements in this press release may constitute "forward-looking statements" within the meaning of the federal securities laws, including, but not limited to, our expectations for future financial performance, business strategies or expectations for our business. These statements constitute projections, forecasts and forward-looking statements, and are not guarantees of performance. SOS cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Words such as "may," "can," "should," "will," "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "target," "look" or similar expressions may identify forward-looking statements. Specifically, forward-looking statements may include statements relating to the Company's:

These forward-looking statements are based on information available as of the date of this press release and our management's current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements.

These risks and uncertainties include, but not are limited to, the risk factors described by SOS in its filings with the Securities and Exchange Commission ("SEC"). These risk factors and those identified elsewhere in this press release, among others, could cause actual results to differ materially from historical performance and include, but are not limited to:

Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and you should not place undue reliance on these forward-looking statements in deciding whether to invest in our securities. We do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

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SOS Reports Progress on the Construction of Its North American Super-Computing and Hosting Center - PRNewswire