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Foxx Development Partners with APEC Water Systems to Launch Advanced Smart Water Leak Detector

MWN-AI** Summary

Foxx Development Holdings Inc. (Nasdaq: FOXX), a recognized leader in consumer electronics and Internet-of-Things (IoT) solutions, has recently partnered with APEC Water Systems to introduce the innovative APEC Smart Water Leak Detector. This collaboration marks a significant stride for Foxx Development as it ventures beyond traditional consumer electronics into the realm of home protection.

The APEC Smart Water Leak Detector (SKU: SMTD-001-1PK) harnesses Foxx's expertise in IoT connectivity, mobile app design, and sensor integration, merging these capabilities with APEC's extensive experience in water filtration. Established for over two decades, APEC is trusted by major institutions such as Mayo Clinic and Yale University, making it an ideal partner for this initiative. "Working with APEC has been a great example of how the right partnership can create something valuable," stated Greg Foley, CEO of Foxx Development.

This strategic alliance not only accelerates product development but also facilitates the introduction of smart technology into a new category—water leak detection—enhancing consumer safety and potentially mitigating costly water damage. The detector is designed to provide homeowners with reliable protection and is available for purchase through various channels including the APEC website and Amazon Marketplace.

The partnership exemplifies Foxx Development's commitment to diversifying its product offerings while solidifying its position in the IoT market. By leveraging the specialized knowledge of APEC alongside its own technological prowess, Foxx aims to create integrated solutions that enhance everyday living for consumers, underscoring a forward-thinking approach in an increasingly connected world. For more information about Foxx Development, visit http://foxxusa.com, and for APEC Water Systems, visit www.apecwater.com.

MWN-AI** Analysis

The recent announcement of Foxx Development Holdings Inc. (Nasdaq: FOXX) launching the APEC Smart Water Leak Detector through their strategic partnership with APEC Water Systems marks a significant milestone in their expansion into the Internet-of-Things (IoT) market. This collaboration effectively illustrates how the integration of smart technology into everyday products can not only enhance consumer safety but also generate new revenue streams for Foxx.

With Foxx's established expertise in IoT connectivity and app development and APEC's extensive knowledge in water filtration, this product is poised to address a crucial need for homeowners, particularly in an era where water damage can lead to costly repairs. The deterministic factors surrounding homeownership and maintenance create a compelling customer base for this smart device, making it a strategic fit within Foxx's expanding portfolio.

Foxx's proactive move into the home protection sector aligns with overall market trends favoring smart home technology. According to industry analyses, the global smart home market is anticipated to experience substantial growth. This positions Foxx favorably as they diversify beyond traditional consumer electronics. Furthermore, leveraging existing distribution channels through platforms like Amazon can enhance market penetration and expedite adoption.

Investors should view this partnership as a positive indicator of Foxx's strategic versatility and ability to pivot to meet emerging market demands. However, due diligence is warranted: the competitive landscape is robust, with numerous players emerging in the smart water detection space. Additionally, ongoing partnerships and innovation will be critical for maintaining market leadership.

Overall, Foxx Development Holdings emerges as a promising prospect, particularly with their strategic initiatives like the launch of the APEC Smart Water Leak Detector. This move could signify the brand’s commitment to innovation and its responsiveness to market trends, making it a stock to watch for growth-oriented investors.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

Irvine, CA, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Foxx Development Holdings Inc. (“Foxx Development” or “Company”) (Nasdaq: FOXX), a leading provider of consumer electronics and integrated Internet-of-Things (IoT) solutions for retail and institutional clients, today announced the successful launch of the APEC Smart Water Leak Detector through its strategic technology partnership with APEC Water Systems (“APEC”), a premier U.S. manufacturer of water filtration systems.

The collaboration showcases how Foxx Development brings proven IoT expertise to new industries by combining smart connectivity, mobile app development, and sensor technology to help partners create reliable, connected products for everyday consumers.

Strategic Alliance Delivers Market Innovation

Foxx Development worked closely with APEC throughout the product development process, bringing expertise in IoT connectivity, mobile app development, and sensor integration to create the APEC Smart Water Leak Detector (SKU: SMTD-001-1PK).

APEC has two decades of water filtration experience and established relationships with trusted institutions including Mayo Clinic, Yale University, University of Michigan, and numerous federal and corporate clients, in addition to the millions of loyal customers spanning the globe. Its proven track record and reputation for quality made them an ideal collaboration partner for integrating Foxx’s advanced IoT capabilities into water protection products.

"Working with APEC has been a great example of how the right partnership can create something really valuable for consumers," said Greg Foley, CEO of Foxx Development Holdings Inc. "They brought deep water systems knowledge, and we contributed the smart connectivity that makes the product work seamlessly with smartphones. Together, we've built something that gives homeowners reliable protection at a price that makes sense."

Expanding IoT Market Presence

The development of the Smart Water Leak Detector represents Foxx Development's expanding reach beyond traditional consumer electronics into new categories like home protection. By aligning with companies like APEC, Foxx can bring internet connectivity and smartphone integration to products that have never been "smart" before and open up entirely new markets.

"The APEC Smart Water Leak Detector project shows how strategic alliances can really speed up product development," added Foley. "Instead of each company trying to build everything from scratch, we can focus on what we do best – the connectivity and app experience – while they handle the specialized product knowledge. It's a model that works whether we're talking about phones, tablets, or now water detection systems."

Market Availability and Distribution

The APEC Smart Water Leak Detector is immediately available through multiple channels:

About Foxx Development Holdings Inc.

Foxx Development is a consumer electronics and integrated Internet-of-Things (IoT) solution company catering to both retail and institutional clients. With robust research and development capabilities and a strategic commitment to cultivating long-term partnerships with mobile network operators, distributors and suppliers around the world, it currently sells a diverse range of products including mobile phones, tablets and other consumer electronics devices throughout the United States, and is in the process of developing and distributing end-to-end communication terminals and IoT solutions. For more information, please visit http://foxxusa.com and http://ir.foxxusa.com .

About APEC Water Systems

APEC Water Systems, a leading U.S. manufacturer of high-performance reverse osmosis water filtration systems, reaffirms its dedication to delivering safe, clean drinking water while expanding its focus on home protection with advanced leak detection technology.

With over two decades of innovation and excellence, APEC Water has earned the trust of households and businesses nationwide by offering reliable, USA-engineered water purification systems. Now, with the integration of intelligent leak detection capabilities, the Company takes an even stronger stance on customer safety—helping to prevent costly water damage and giving families peace of mind.

Visit www.apecwater.com or download the APEC Water Smart App from the iOS App Store or Google Play.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the U.S. Securities Exchange Act of 1934, as amended (“Exchange Act”). Such statements include, but are not limited to, statements about future financial and operating results, our plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “believe,” “intend,” “plan,” “projection,” “outlook” or words of similar meaning. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties, and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements.

Investor Relations Contact:

International Elite Capital
Annabelle Zhang
Telephone: +1 (646) 866-7928
Email: foxx@iecapitalusa.com


FAQ**

How does the partnership with APEC Water Systems enhance Foxx Development's competitive edge in the IoT market, particularly in light of Acies Acquisition Corp. ACAC's potential influence on future collaborations?

The partnership with APEC Water Systems enhances Foxx Development's competitive edge in the IoT market by leveraging advanced water filtration technology and data analytics, which, combined with Acies Acquisition Corp. ACAC's strategic support, could foster impactful future collaborations.

What specific strategies will Foxx Development implement to expand its market presence and leverage its alliance with APEC Water Systems amidst competitors, including Acies Acquisition Corp. ACAC?

Foxx Development will implement targeted marketing campaigns, innovative product offerings, and enhanced distribution partnerships to leverage its alliance with APEC Water Systems and effectively compete against players like Acies Acquisition Corp. (ACAC).

Considering Acies Acquisition Corp. ACAC's investment landscape, what are Foxx Development's projections for revenue growth from the APEC Smart Water Leak Detector within the next fiscal year?

Foxx Development projects significant revenue growth from the APEC Smart Water Leak Detector for Acies Acquisition Corp. (ACAC) within the next fiscal year, capitalizing on the increasing demand for smart home technology and water conservation solutions.

How does Foxx Development plan to address potential challenges in product integration and customer adoption for its IoT solutions, especially in relation to Acies Acquisition Corp. ACAC’s market positioning?

Foxx Development plans to address challenges in product integration and customer adoption for its IoT solutions by leveraging Acies Acquisition Corp. ACAC’s robust market positioning and utilizing tailored strategies to enhance user engagement and streamline technology implementation.

**MWN-AI FAQ is based on asking OpenAI questions about Foxx Development Holdings Inc. (NASDAQ: FOXX).

Foxx Development Holdings Inc.

NASDAQ: FOXX

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