IRVINE, Calif., May 12, 2020 (GLOBE NEWSWIRE) — ShiftPixy (NASDAQ: PIXY), a California-based gig engagement platform provider, today announced that as part of its recently introduced Restaurant Resilience Plan, its disruptive, comprehensive technology platform specifically designed for restaurants is now available for free, without initial investment, to help restaurant operators and entrepreneurs as they face the unprecedented impacts of the COVID-19 crisis. Offering a digital platform that manages everything from online ordering through to native delivery driver management, ShiftPixy is making its revolutionary technology more readily available so that restaurants can focus on doing what they do best – offering a great food experience.
“As restaurants across the country confront the difficult realities that this pandemic has forced upon us, we saw an opportunity to support their efforts by making it easier to manage all facets of their business on a single technology platform and without the burden of upfront costs,” said Scott Absher, CEO and co-founder of ShiftPixy. “As part of our Restaurant Resilience Plan, we are in the business of making restaurants better and we are more committed than ever to helping them weather this storm.”In addition to the free implementation of its platform, ShiftPixy also offers HNOA (hired, non-owned auto liability) insurance to each of its delivery tickets to further ease the struggles of restaurants shifting to a delivery-first environment. Further, ShiftPixy is waving all delivery fees throughout the crisis.ShiftPixy is able to offer its simple, all-in-one solution thanks in large part to its valued partners, who are equally committed to supporting the restaurant industry through this trying time. Any restaurant operator can visit www.shiftpixy.com to begin implementing the ShiftPixy platform.About ShiftPixy
ShiftPixy (NASDAQ:PIXY) is a disruptive human capital management platform, revolutionizing employment in the Gig Economy by delivering a next-gen mobile engagement technology to help businesses with shift-based employees navigate regulatory mandates, minimize administrative burdens and better connect with a ready-for-hire workforce. With expertise rooted in management’s nearly 25 years of workers’ compensation and compliance programs experience, ShiftPixy adds a needed layer for addressing compliance and continued demands for equitable employment practices in the growing Gig Economy. Learn more at www.shiftpixy.com.ShiftPixy Cautionary Statement
The information provided in this release includes forward-looking statements, the achievement or success of which involves risks, uncertainties, and assumptions. Although such forward-looking statements are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate. If any of the risks or uncertainties, including those set forth below, materialize or if any of the assumptions proves incorrect, the results of ShiftPixy, Inc., could differ materially from the results expressed or implied by the forward-looking statements we make. The risks and uncertainties include, but are not limited to, risks associated with the nature of our business model; our ability to execute the Company’s vision and growth strategy; our ability to attract and retain clients; our ability to assess and manage risks; changes in the law that affect our business and our ability to respond to such changes and incorporate them into our business model, as necessary; our ability to insure against and otherwise effectively manage risks that affect our business; competition; reliance on third-party systems and software; our ability to protect and maintain our intellectual property; and general developments in the economy and financial markets. Statements made in connection with any guidance may refer to financial statements that have not been reviewed or audited. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change, except as required by applicable securities laws. The information in this press release shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, and will not be deemed an admission as to the materiality of any information that is required to be disclosed solely by Regulation FD. Further information on these and other factors that could affect the financial results of ShiftPixy, Inc., is included in the filings we make with the Securities and Exchange Commission from time to time. These documents are available on the “SEC Filings” subsection of the “Investor Information” section of our website at https://ir.shiftpixy.com/financial-information/sec-filings.Consistent with the SEC’s April 2013 guidance on using social media outlets like Facebook and Twitter to make corporate disclosures and announce key information in compliance with Regulation FD, ShiftPixy is alerting investors and other members of the general public that ShiftPixy will provide updates on operations and progress required to be disclosed under Regulation FD through its social media on Facebook, Twitter, LinkedIn and YouTube. Investors, potential investors, shareholders and individuals interested in our Company are encouraged to keep informed by following us on Facebook, Twitter, LinkedIn and YouTube.Media Contact:
Amy Wang
[email protected]
(949) 245-7291
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