AIRPORT CITY, Israel,
July 24, 2018 /PRNewswire/ -- MySize,
Inc. (the "Company" or "MySize") (NASDAQ: MYSZ) (TASE: MYSZ),
the developer and creator of smartphone measurement applications,
announced today it will participate in the 6th Annual Go
eCommerce summit in Tel Aviv,
Israel on July 25. The Company
will showcase its MySizeID™ mobile solution to highlight how
e-commerce retailers can enhance shopper experience and reduce
costs by providing a more efficient sizing solution that
dramatically reduces merchandise returns. MySize will be a Bronze
Sponsor of the event and will be providing demos of its technology
at its booth (#8) throughout the summit, including a first look at
MySizeID™ fully integrated into a Shopify online store.
![Until when will we get the wrong size clothes? Until when will we get the wrong size clothes?](https://mma.prnewswire.com/media/722172/My_Size_at_Go_eCommerce_Summit.jpg)
Go eCommerce has grown into the largest e-commerce event in
Israel. The summit brings together
1,500 managers and key decision makers from the global e-commerce
industry to discuss innovative technologies and solutions that can
improve efficiencies and help businesses succeed online.
"We are excited to be participating in Go eCommerce, the premier
e-commerce event in Israel. We
look forward to meeting with the leading minds and decisions makers
within the industry and showcasing how MySizeID™ can address the
needs of large, small, and emerging online retailers alike," said
My Size CEO, Ronen Luzon. "Our
turnkey solution enables a merchant's customers to choose the
appropriate apparel size for each specific brand, based on that
shopper's real measurements in "real time." No more guessing sizes
and no more unnecessary size-related returns. MySizeID™ provides
the right fit, each and every time."
MySize recently announced the open registration for its
MySizeID™ mobile measurement technology for online retailers
utilizing third party e-commerce platforms – a direct solution to a
growing industry issue. In an online clothing market, estimated to
be valued at over $72 billion in the
U.S. alone, 70% of apparel returns are size related, while 32% of
shoppers don't purchase fashion online because of uncertainty
around size and fit, according to a Drapers Etail Report.
MySizeID can increase the sales of apparel retailers by reducing
or even eliminating their customer's uncertainties regarding size
and fit. Based on My Size's estimates, the MySizeID™ app can
increase average order values by approximately 20% and can reduce
return rates by approximately 30%. Furthermore, MySizeID™ enhances
the customer experience by increasing confidence in the retailer
and sizing, which can lead to greater brand loyalty.
To schedule a demo or meeting with MySize at Go eCommerce,
please click here.
Please click here for a demonstration of how the BoxSizeID™ app
works.
Please click here for a demonstration of how the MySizeID™
retail app works.
Please click here for a demonstration of the SizeUp™
"measurement from the air" smart measuring tape.
About My Size, Inc.
My Size, 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
algorithms which are able to calculate and record measurements in a
variety of novel ways. To learn more about My Size, please visit
our website. www.mysizeid.com. Follow us on Facebook, LinkedIn and
Twitter.
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.
Actual results to differ materially from those in the
forward-looking statements and the trading price for our common
stock may fluctuate significantly. 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.
Israel Press Contact:
Eran Yoels
Rimon, Cohen and Co.
Eran@rcspr.co.il
U.S. Press Contact:
Matthew Bretzius
FischTank Marketing & PR
matt@fischtankpr.com
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SOURCE My Size Inc