AIRPORT CITY, Israel,
June 19, 2019 /PRNewswire/ -- My
Size, Inc. (the "Company" or "My Size") (NASDAQ: MYSZ) (TASE:
MYSZ), the developer and creator of smartphone measurement
solutions, announces that it is underway with a global integration
of MySizeID into the eCommerce platform of one of the largest
apparel companies in the world. The original arrangement with
the retailer was for a U.S. deployment, which has since been
expanded worldwide.
The MySizeID app is a turnkey solution that helps any merchant's
customers choose the appropriate apparel size for that specific
brand, based on the shopper's real measurements. My Size's
innovative technology enables consumers to measure themselves using
their smartphone and then be matched with a brand-specific apparel
item in their size.
"We are underway with the global integration of MySizeID into
the eCommerce platform for one of the largest global apparel
companies, which owns many of the most notable brands in the
world. As part of the initial 18-month evaluation, a global
third-party consulting firm was engaged on behalf of this tier I
retailer to independently evaluate our technology versus other
potential solutions and found that our solution compared
favorably. Based on the excitement our technology has
generated within this organization, we have scaled up the program
from what was initially planned as a U.S.-only deployment, to a
full-scale global deployment of our technology. Although expanding
the roll-out from domestic to international did delay the process,
in the long run, we believe this represents a massive opportunity
for our shareholders," said Ronen Luzon, Chief Executive Officer of
My Size.
"In addition to this global apparel company, we are in various
stages of evaluation, integration and deployment with other major
apparel companies around the world due to the overwhelming need for
a turnkey solution that helps consumers choose their appropriate
size and fit while shopping online. Incorporating MySizeID
into the eCommerce platform for large middle-and small market
retailers improves their revenues and lowers their operating costs
by reducing returns. Specifically, our technology helps
consumers to buy with confidence, enhance the shopping experience,
and foster brand loyalty. Integrating our app also
facilitates offline to online purchasing for apparel that may not
be available in the store."
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 measurement 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. We routinely
post information that may be important to investors in the Investor
Relations section of our website. Follow us
on Facebook, LinkedIn, Instagram and Twitter.
Please click here for a demonstration of how MySizeID
provides a full sizing solution for the retail industry.
Register here for a one-month free trial of MySizeID solution
for your online store.
Please click here to download MySizeID for iOS.
Please click here to download MySizeID for Android.
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:
Yaniv Leibovich
Leibovich Media
yanivleib@gmail.com
+972-54-444-0326
U.S. Press Contact:
Matthew Bretzius
FischTank Marketing & PR
matt@fischtankpr.com
IR Contact:
Crescendo Communications, LLC
Tel: +1 212-671-1020
Email: MYSZ@crescendo-ir.com
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SOURCE MySize Inc.