ShiftPixy Announces New Alliance with US Wellness
August 24 2020 - 9:00AM
ShiftPixy, Inc. (NASDAQ: PIXY), a Florida-based gig engagement
platform provider, today announced an important nationwide alliance
with US Wellness, a provider of employee wellness programs with a
comprehensive suite of services designed to engage and inspire
employees toward achieving their wellness goals. Through the
alliance, US Wellness will immediately place 9,000 of its nurses on
the ShiftPixy human capital management platform, with near-term
plans expected to double that staff volume.
“From its inception, ShiftPixy was designed to
be rapidly scalable for high volume, fast moving companies such as
US Wellness, and we are honored to help with their critical needs
by bringing their valued employees onto our sophisticated
platform,” said ShiftPixy Co-Founder and CEO Scott Absher. “We will
be working diligently with our new partner to immediately on-board
9,000 members of the US Wellness team, followed by an expected
additional 11,000 team members over the coming weeks. We
couldn’t be more excited to enter this important alliance and look
forward to helping US Wellness achieve its vital corporate mission
for years to come.”
“With ShiftPixy we saw an immediate opportunity
to quickly scale our team and offer valuable benefits and
protections to our national clinical staff. ShiftPixy offers us the
tools we’ve been looking for to manage our rapid growth and better
connect with our field staff,” said Tori Tomlinson, Founder and CEO
of US Wellness. “The ability to move quickly to meet the
immediate and future demands for COVID-19 testing and other support
services for employers was of the utmost important to us.
ShiftPixy was the natural choice. We are enthusiastic about this
partnership and what it offers to us and our national staff of
clinical professionals.”
About ShiftPixyShiftPixy (PIXY) provides 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; risks arising from the COVID-19
pandemic or any other events that could cause wide-scale business
disruptions; 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, or
directly from the SEC’s website at https://www.sec.gov. 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.
INVESTOR CONTACT:
Investor.Relations@ShiftPixy.com 800.475.3655
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