EzFill Announces
Expansion of Commercial Fleet Business
with Addition of New
Delivery Vehicles and Launch of New Marketing Campaign
-Leading Mobile Fuel Company's
Fleet Expands to 31 Vehicles with an Additional 9 in
Production-
MIAMI, FL, JULY 12, 2022 -- InvestorsHub
NewsWire -- EzFill Holdings, Inc. ("EzFill" or
the "Company") (NASDAQ: EZFL), a pioneer and emerging leader in the
mobile fuel industry, today announced the expansion of the
company's fleet to 31 operating delivery vehicles, with 9
additional vehicles in production.
"We expect our total fleet of delivery vehicles will be at
approximately 40 by mid-July" said EzFill Chief Commercial Officer,
Rick Dery. "In spite of the
challenging economy, EzFill remains very much in a growth mode,
with about 40 new fleet accounts signed since January, representing
a potential volume growth of approximately 1.2 million gallons
annually for the company."
The Company has
increased its support to commercial fleets by expanding its
operations to additional cities beyond Miami now including West
Palm Beach, Tampa Bay, and Orlando.
The new commercial fleet customers include one of the largest
grocers within the United States.
Moreover, the company is working diligently for the approvals
to support residential consumers and retail marine demand in these
markets as well.
EzFill also
announced today the launching of its new marketing campaign, named
"Orange Dawn". "The project is
primarily a 'brand awareness' campaign supported by multiple radio
ads, aerial banners and over 62 billboard locations throughout
Southeast Florida," said Dery.
"With millions of impressions anticipated,
the goal with this campaign is that 'EzFill' become as ubiquitous
as the 'warm sun' in Southern Florida," continued
Dery.
"We are excited
to grow in these new markets, and West Palm Beach was the ideal
location to begin this expansion due its proximity to our
established Miami operations, as well as the market's existing
familiarity with mobile fueling and on-demand delivery in general,"
said Mike McConnell, CEO of EzFill.
With the number of gas stations in the
U.S. continuing to decline, corporate giants like Shell, Exxon, GM,
Bridgestone, Enterprise, and Mitsubishi have recognized the
increasing shift in consumer behavior and are investing in the fast
growing on-demand mobile fueling industry. As the only company to
provide fuel delivery in three vertical segments - consumer,
commercial, and specialty including marinas - EzFill is well
positioned to capitalize on the growing demand for convenient and
cost-efficient mobile fueling options.
About EzFill
EzFill is a
leader in the fast-growing mobile fuel industry, with the largest
market share in its home state of Florida. Its mission is to
disrupt the gas station fueling model by providing consumers and
businesses with the convenience, safety, and touch-free benefits of
on-demand fueling services brought directly to their locations. For
commercial and specialty customers, at-site delivery during
downtimes enables operators to begin their daily operations with
fully fueled vehicles. For more information, visit www.ezfl.com.
Forward Looking Statements
This press release contains "forward-looking statements"
Forward-looking statements reflect our current view about future
events. When used in this press release, the words "anticipate,"
"believe," "estimate," "expect," "future," "intend," "plan," or the
negative of these terms and similar expressions, as they relate to
us or our management, identify forward-looking statements. Such
statements, include, but are not limited to, statements contained
in this press release relating to our business strategy, our future
operating results and liquidity and capital resources outlook.
Forward-looking statements are based on our current expectations
and assumptions regarding our business, the economy and other
future conditions. Because forward-looking statements relate to the
future, they are subject to inherent uncertainties, risks and
changes in circumstances that are difficult to predict. Our actual
results may differ materially from those contemplated by the
forward-looking statements. They are neither statements of
historical fact nor guarantees of assurance of future performance.
We caution you therefore against relying on any of these
forward-looking statements. Important factors that could cause
actual results to differ materially from those in the
forward-looking statements include, without limitation, our ability
to raise capital to fund continuing operations; our ability to
protect our intellectual property rights; the impact of any
infringement actions or other litigation brought against us;
competition from other providers and products; our ability to
develop and commercialize products and services; changes in
government regulation; our ability to complete capital raising
transactions; and other factors relating to our industry, our
operations and results of operations. Actual results may differ
significantly from those anticipated, believed, estimated,
expected, intended or planned.
Factors or events that could cause our actual results to
differ may emerge from time to time, and it is not possible for us
to predict all of them. We cannot guarantee future results, levels
of activity, performance or achievements. The Company assumes no
obligation to update any forward-looking statements in order to
reflect any event or circumstance that may arise after the date of
this release.
Investor and
Media Contact:
Tradigital
Investor Relations
John
McNamara
john@tradigitalir.com