MySize Inc. Engages Network 1 Financial Securities as Its Exclusive Investment Banker
22 Septembre 2016 - 1:02PM
MySize Inc. (TASE:MYSZ) (NASDAQ:MYSZ), a developer of a unique
measurement technology based on sophisticated algorithms with broad
Smartphone applications in a variety of areas from the apparel
e-commerce market to Do It Yourself and courier, today announced
that it has engaged Network 1 Financial Securities as its exclusive
Investment Banker. Moreover, Network 1 will organize and
implement a non-deal roadshow program in order to educate the
investment banking community on the MySize business model. In
addition, Network 1 will act as an advisor to help identify future
acquisition targets that are synergistic to MySize’s overall
business plan.
Ronen Luzon, Chief Executive Officer of MySize,
stated, “We are very excited to be working with the team from
Network 1 Financial Securities. Having been in the investment
banking industry for over 30 years, we feel that their experience,
knowledge and transaction successes help to solidify our belief
that they will be effective in helping us with our financial needs.
They have shown a tremendous understanding of our core business
plan instilling confidence that Network 1 will offer sound
strategic advice that will enable us to propel our organization
forward.”
William Hayde, of the Investment Banking
division at Network 1 Financial, stated, “We look forward to
working with the team at MySize and will be looking for
opportunities to increase shareholder value in the future.”
About Network 1 Financial
Securities
Network 1 Financial Securities, Inc., founded
in1983, is a full service broker dealer with offices located in the
New York and New Jersey area. As a FINRA member firm, Network 1
offers a wide array of investment banking services. The Investment
Banking team has over 90 plus years combined experience.
Dedicated to assisting public and private companies take advantage
of the rapidly changing equity markets, the Network 1 team
understands the investment banking needs of companies.
About MYSIZE
MySize Inc. (TASE:MYSZ) (NASDAQ:MYSZ) developed
a unique measurement technology based on sophisticated algorithms
with broad applications in a number of areas and industries, from
the apparel e-commerce market to Do It Yourself (smartphone &
tablet apps) to shipping and parcel measuring among others.
The technology is driven by several patent-pending algorithms
which are able to calculate and record measurements in a variety of
novel ways. To learn more about MySize, please visit the website
located at www.mysizeid.com.
Cautionary Statement Regarding
Forward-Looking Statements
This press release contains certain
forward-looking statements within the meaning of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
These statements are identified by the use of the words "could,"
"believe," "anticipate," "intend," "estimate," "expect," "may,"
"continue," "predict," "potential," "project" and similar
expressions that are intended to identify forward-looking
statements. All forward-looking statements speak only as of
the date of this press release. You should not place undue reliance
on these forward-looking statements. Although we believe that our
plans, objectives, expectations and intentions reflected in or
suggested by the forward-looking statements are reasonable, we can
give no assurance that these plans, objectives, expectations or
intentions will be achieved. Forward-looking statements
involve significant risks and uncertainties (some of which are
beyond our control) and assumptions that could cause actual results
to differ materially from historical experience and present
expectations or projections. Known material factors that
could cause actual results to differ materially from those in the
forward-looking statements include: an active trading market for
our common stock may not develop on NASDAQ; the trading price for
our common stock may fluctuate significantly; and the Company will
continue to be a "controlled company," as defined under NASDAQ
rules, and the interests of our controlling stockholder may differ
from those of our public stockholders. Forward-looking
statements also are affected by the risk factors described in the
Company's filings with the U.S. Securities and Exchange
Commission. Except as required by law, we undertake no
obligation to update or revise publicly any forward-looking
statements, whether as a result of new information, future events
or otherwise, after the date on which the statements are made or to
reflect the occurrence of unanticipated events.
Contact person:
Investor Relations, Ltd.
74 Rothschild Blvd., Tel Aviv 65785
Email: hadas@km-ir.co.il
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