HyreCar Appoints Automotive Technology Leader Jay Vijayan to Board of Directors
April 29 2019 - 7:30AM
Business Wire
Current CEO of Tekion and Former CIO of Tesla,
Inc. Appointed to HyreCar Board of Directors
HyreCar Inc. (NASDAQ: HYRE) (the “Company”), the carsharing
marketplace for ridesharing, today announced that it has appointed
Jay Vijayan to the Board of Directors, effective April 25,
2019.
Jay Vijayan brings over two decades of technology platform,
product development and leadership experience to the HyreCar Board
of Directors. He is currently the Founder & CEO of Tekion
Corp., a Silicon Valley startup that is disrupting and transforming
the business applications and automotive retail experience. Prior
to founding Tekion, Jay was the Chief Information Officer of Tesla,
Inc., for over 4 years from 2012 to 2016, where he and his team
ground-up built and scaled Tesla's digital and information platform
and systems, fueling the company’s hyper-growth phase. Prior to
joining Tesla, Jay led the Business Applications Development group
for VMware Inc. during its significant accelerated growth phase
when VMware scaled revenues from approximately $700 million in 2007
to nearly $4 billion in 2012. Prior to VMware, Jay led product
development teams at Oracle for over 7 years. Jay is known for
building simple and highly scalable technology platforms and
solutions that transform, scale businesses and enable operational
efficiency. Jay also serves on the board of NIC Inc. (NASDAQ:
EGOV).
“I understand the need and potential for a robust rideshare
marketplace that brings significant value for all stakeholders of
this ecosystem. After meeting with the HyreCar team, I quickly
realized HyreCar’s tremendous and unique value proposition for this
need and the team’s potential to deliver. I am thrilled for the
opportunity to help guide the company on its journey,” said Jay
Vijayan.
“I’m looking forward to working with Jay and the rest of our
Board of Directors,” said Joe Furnari, CEO of HyreCar. “Jay is a
key addition that reinforces our strategy with Auto Manufacturers
and Auto Dealers; he also brings extensive experience scaling
technology platforms and bringing the best of the technology world
to the automotive industry. Surrounding HyreCar with experienced
individuals has been one of my key objectives, and leveraging
different perspectives on the industry is what has made us a leader
in the space and will continue our trail blazing into the
future.”
About HyreCar
HyreCar Inc. (NASDAQ: HYRE) is a nationwide leader operating a
carsharing marketplace for ridesharing in all 50 States and
Washington D.C. via its proprietary technology platform. The
Company has established a leading presence in Mobility as a Service
(MaaS) through individual vehicle owners, dealers and OEMs, who
have been disrupted by automotive asset sharing. By providing a
unique opportunity through its safe, secure, and reliable
marketplace, HyreCar is transforming the industry by empowering all
to profit from Mobility as a Service. For more information please
visit hyrecar.com.
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 most recent Annual Report on Form 10-K 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/20190429005165/en/
Media Relations:Ronjini JoshuaThe Silver
TelegramHyreCar@thesilvertelegram.com
Investor Relations:Ted HaberfieldPresident, MZ Group – MZ
North AmericaHYRE@mzgroup.us
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