MySize Inc. Upgrades SizeUp App to Include “Measurement from the Air” Capability
09 Novembre 2016 - 12:00PM
MySize Inc. (the “Company”) (NASDAQ:MYSZ) (TASE:MYSZ), developer of
unique measurement technology applications for Smartphones,
announced today that its SizeUp DIY measurement app has been
upgraded to include a ‘measurement from the air’ capability. The
new technology empowers users to measure just about any object,
flat surfaced or otherwise, by moving their Smartphone, in the air,
from the starting point to the end point of an object. Until now,
the app enabled measurements to be taken by sliding a smartphone
across a flat surface.
“This is a major leap forward in our quest to
develop highly accurate, Smartphone-based measurement applications
for use in everyday situations,” said Billy Pardo, chief of product
at the Company. “The new SizeUp 'measurement from the air'
technology is currently in final testing, with market launch
planned for the first quarter of 2017.”
The Company’s CEO, Mr. Ronen Luzon, said, “The
SizeUp DIY measurement app offers a cost effective opportunity for
businesses to enhance the customer experience and in turn, increase
final sales. How? As the app provides an easy way to accurately
measure, for example, furnishings and other household items, sales
are likely to increase and returns to decrease as the customers
know before their purchase that all will fit as planned.”
The proprietary algorithms that drive SizeUp’s
“measurement from the air” technology have achieved accuracy rates
of more than 90% under 2 centimeters, for measurements of up to 1.5
meters.
SizeUp has been downloaded more than 136,000 times
by both iOS and Android users. Click here to view a short video
illustrating just how handy SizeUp can be.
The Company is demonstrating the new SizeUp at the Web Summit in
Lisbon this week. Please visit booth #S111 in the Start Exhibition
Area of Pavilion 2 at the Feira Internacional de Lisboa and Meo
Arena.
About MYSIZE
MySize Inc. (TASE:MYSZ) (NASDAQ:MYSZ) has developed
a unique measurement technology based on sophisticated algorithms
with broad applications including apparel, e-commerce, shipping and
parcel measurement. 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 our website. 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.
Press Contact
Marjie Hadad
MH Communications
marjierhadad@gmail.com
+972-54-536-5220
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