ShiftPixy Enables Restaurant Operators to Stay Connected to Customers through Self-Delivery During Coronavirus Pandemic
March 20 2020 - 8:00AM
ShiftPixy, Inc. (NASDAQ: PIXY), a California-based gig engagement
platform provider, today discussed the Company’s increased levels
of inbound interest due to the current COVID-19 pandemic.
“As you can imagine, we are busy responding to
many inquiries from most of the national brands, all of which are
trying to keep their employees busy and connected to their store,
and wish to use our self-delivery platform to stay connected with
customers,” stated ShiftPixy’s co-founder and Chief Executive
Officer, Scott Absher. “In response to the pandemic, major cities
including Los Angeles, New York City and Seattle have banned
dine-in restaurants, restricting businesses to takeout and delivery
exclusively. Using ShiftPixy’s driver management technology,
restaurant operators can control delivery with their own staff
without having to deal with the uncertainties of third-party
delivery services. In partnership with ShiftPixy, these restaurants
can train their staff to act as delivery drivers – repurposing
their existing human capital while adjusting to the current needs
of the marketplace.”
Mr. Absher concluded, “Coronavirus is hitting
all aspects of society hard, and restaurants have had a
particularly rough time. Our technology provides a native delivery
opportunity to allow multi-unit operators to remain operational in
this very challenging environment.”
ShiftPixy’s platform includes two layers: the
first revolves around building operators a robust, easy-to-use
digital ordering platform that boosts customer engagement and
spending, while the second handles driver management, intercepting
online orders, finding a designated driver, creating a driver
route, and communicating with the customer as the order is
completed.
About ShiftPixyShiftPixy
(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.
ShiftPixy Cautionary
StatementThe 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
Wangamy.wang@shiftpixy.com(949) 245-7291
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