Brian Allan Joins HyreCar as Senior Director, Strategic Partnerships
December 20 2018 - 7:37AM
Business Wire
New Leader to Grow Dealer-Based Shared
Mobility Business and Strategic Alliances
HyreCar Inc. (NASDAQ: HYRE) (the “Company”), the carsharing
marketplace for ridesharing, today announced that Brian Allan has
been appointed to lead automotive OEM and dealer-based shared
mobility initiatives and strategic alliances.
Allan brings 40 years of experience within the automotive
industry to HyreCar. During his 30-year tenure, Allan led the
growth of the world-renowned Galpin Premier Automotive Group, the
luxury division of one of the largest volume dealer groups in the
nation, Galpin Motors. Mr. Allan is a respected voice of authority,
thought leader, and widely recognized technology advocate in the
retail automotive sales and service industry.
“I’m excited to bring an industry veteran of Mr. Allan’s caliber
with deep OEM and dealer relationships onto the team. Brian’s
passion for our business model will help us capitalize on the
significant growth opportunities associated with assisting
ridesharing companies like Uber and Lyft to onboard drivers with
vehicles, along with other upcoming opportunities,” said Joe
Furnari, CEO of HyreCar. “Demand for qualified ridesharing vehicles
greatly exceeds current supply and fleet owners like auto dealers
are the natural progression of institutional supply. We are now
poised to capitalize on that vehicle supply opportunity, which we
believe can lead us to exponentially increase our revenues,” added
Mr. Furnari.
With the addition of Mr. Allan, HyreCar will continue to
leverage its proven business model of carsharing for ridesharing
while providing a ‘path to purchase’ for rideshare drivers. “I am
excited to join such an innovative and dynamic company during a
pivotal point of tremendous growth opportunity. HyreCar offers a
complete solution for automotive franchised and independent dealers
to earn revenue streams on otherwise idle inventory while selling
more cars. In fact, it’s my personal belief that the HyreCar
platform will exceed 10,000 vehicles by end of 2019, while helping
established dealers enter the Mobility as a Service business,” said
Allan. He added, “In the face of potential headwinds for
traditional dealer vehicle sales, HyreCar’s platform creates new
sources of revenue for every dealership department including new
car, used car, parts, finance, and of course, vehicle service, by
leveraging their current infrastructure.”
About HyreCar
HyreCar Inc. (NASDAQ: HYRE) actively operates in all 50 states
plus Washington, D.C. The Company’s Carsharing Marketplace for
Ridesharing was created to leverage technology and establish a
scalable presence in automotive asset sharing. Drivers, vehicle
owners, fleet owners, and automotive dealers alike can utilize the
platform to create an opportunity for themselves where one did not
previously exist. By providing a safe, secure, and reliable
marketplace, HyreCar is the Mobility as a Service solution for
carsharing and ridesharing drivers. The HyreCar platform helps
private individuals with one car, or companies with thousands of
vehicles to leverage available vehicle assets to earn income and
additional revenue streams with innovative and proprietary
technology.
Forward Looking Statements
Statements in this release concerning HyreCar Inc.’s (“HyreCar”
or the “Company”) future expectations and plans, including, without
limitation, HyreCar’s partnerships and technology solutions, its
ability to add and maintain additional car listings on its platform
from car dealers and consumer demand for cars to be used for
ridesharing, may constitute forward looking statements for the
purposes of the safe harbor provisions under the Private Securities
Litigation Reform Act of 1995 and other federal securities laws and
are subject to substantial risks, uncertainties and assumptions.
You should not place reliance on these forward looking statements,
which include words such as “could,” “believe,” “anticipate,”
“intend,” “estimate,” “expect,” “may,” “continue,” “predict,”
“potential,” “project” or similar terms, variations of such terms
or the negative of those terms. Although the Company believes that
the expectations reflected in the forward-looking statements are
reasonable, the Company cannot guarantee such outcomes. HyreCar may
not realize its expectations, and its beliefs may not prove
correct. Actual results may differ materially from those indicated
by these forward-looking statements as a result of various
important factors, including, without limitation, market conditions
and the factors described in the section entitled “Risk Factors” in
HyreCar’s Prospectus, dated June 26, 2018, and HyreCar’s other
filings made with the U. S. Securities and Exchange Commission. All
such statements speak only as of the date made. Consequently,
forward-looking statements should be regarded solely as HyreCar’s
current plans, estimates and beliefs. Investors should not place
undue reliance on forward-looking statements. HyreCar cannot
guarantee future results, events, levels of activity, performance
or achievements. HyreCar does not undertake and specifically
declines any obligation to update, republish, or revise any
forward-looking statements to reflect new information, future
events or circumstances or to reflect the occurrences of
unanticipated events, except as may be required by applicable
law.
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version on businesswire.com: https://www.businesswire.com/news/home/20181220005363/en/
Media Relations: Ronjini Joshua The Silver Telegram
HyreCar@thesilvertelegram.com
Investor Contact: Ted Haberfield President, MZ Group – MZ
North America HYRE@mzgroup.us Web: www.mzgroup
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