AIRPORT CITY, Israel,
August 1, 2017 /PRNewswire/ --
MySize, Inc. ("the Company") (NASDAQ: MYSZ) (Tel Aviv Stock
Exchange: MYSZ), developer of proprietary, measurement technologies
using smartphones, was awarded "Most Promising Startup" in the
ecommerce field at the "Go eCommerce Summit," Israel's leading technology event. The fifth
annual Go eCommerce Summit kicked off on July 26, 2017 in Tel
Aviv.
MySize beat dozens of other companies in the field of ecommerce,
having received the highest weighted score in the competition. The
panel of judges examined the companies according to various
criteria, including innovation and technological creativity,
business model, design and user experience, support and customer
service, as well as marketing and public relations.
"We are proud to have received this award, and are delighted to
be recognized as an innovative and groundbreaking technology
company," said Ronen Luzon, CEO of MySize. "This is particularly
gratifying given the fact that we are launching RealSize, a white
label apparel measurement application based on the Company's
customizable TrueSize technology. The application is now available
to any retailer that wants to improve its buying process, increase
its revenue, and reduce its product returns - for itself and for
its customers. At the same time, we are pursuing additional
developments and products for our continued innovation and
growth."
During the conference, MySize demonstrated its three flagship
products:
- SizeUp, for iOS and
Android, is a smart measuring tape that enables users to
immediately and accurately measure objects, with a smooth or rough
surface. This product is intended for home improvement and DIY
initiatives.
- TrueSize (RealSize: white label product
customized for Trucco) matches the measurements of a customer's
favorite garment with the right size of a chosen garment on a
retailer's website.
- BoxSizeID is an intuitive application that
measures packages and improves workflow and management for parcel
delivery companies. The application also enables customers to
easily measure the size of their package and determine the exact
shipping price before sending.
About MySize Inc.
MySize Inc. (TASE: MYSZ) (NASDAQ: MYSZ) has developed a unique
measurement technology based on sophisticated algorithms and
cutting edge technology with broad applications including the
apparel, e-commerce DIY, shipping and parcel delivery
industries. This proprietary 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. http://www.mysizeid.com.
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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
SOURCE MySize Inc.