AIRPORT CITY, Israel,
Nov. 27, 2019 /PRNewswire/ -- My
Size, Inc. (the "Company" or "My Size") (NASDAQ: MYSZ) (TASE:
MYSZ), the developer and creator of smartphone measurement
applications, announced today that it has entered into an agreement
and started integration with AY Marka Mağazacılık A.Ş, a leading
Turkish apparel company, for the MySizeID™ smart
measurement technology.
AY Marka Mağazacılık A.Ş is integrating MySizeID™
into the online store for its NetWork brand to enable shoppers
to build a fit profile of their personal body measurements that
will produce size recommendations for appropriate fitting
apparel.
"The selection by AY Marka Mağazacılık A.Ş of
MySizeID™ as the sizing solution for its NetWork
online store highlights the value of the technology to retailers.
Shoppers are looking for a more personalized experience when
shopping online, and retailers are searching for innovative
solutions that can increase customer loyalty and decrease costs due
to inefficiencies like size-based returns," said My Size CEO,
Ronen Luzon. "We are pleased to
announce this new commercial contract for MySizeID™,
as this contract represents a significant revenue generating
opportunity. Over the last six months, AY Marka's NetWork online
store has approximately 400K-600K total
visits monthly with an average of eight pages per visit. We believe
this agreement further demonstrates the strength of our value
proposition for leading retailers, globally, to offer their online
shoppers a personalized, efficient, and technologically savvy
shopping solution."
AY Marka Mağazacılık, owned by Mayhoola Investments, currently
provides services in a total of 179 sales points with more than
1,500 employees. NetWork, Que and Divarese are the AY Marka
brands that shape the ready to wear and accessories industries in
Turkey. Blending the strength,
knowledge and experience of their brands with new business formats,
AY Marka considers customer satisfaction, from product variety to
after-sales services, among its core values. NetWork is an
apparel brand featuring modern, urban and high-quality women's and
men's fashion within 150 retail locations and an online store.
Necmi Kahraman, E-Commerce
Director of AY Marka Mağazacılık A.Ş., commented, "We are excited
to partner with My Size and to begin utilizing the
MySizeID™ smart measurement technology within our
NetWork online store. We strive to provide our customers the most
personal shopping experience possible, whether in store or online,
and this solution will enable us to add another layer of
personalization that our shoppers will appreciate. It's very
important to us that our customers are happy with their purchases
and that the items they are buying fit well and look great. We
believe MySizeID™ will empower our customers to shop
confidently, while also decreasing unnecessary returns due to
sizing issues. We look forward to this partnership and to realizing
the benefits that MySizeID™ provides."
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About My Size, Inc.
My Size, Inc. (TASE: MYSZ) (NASDAQ: MYSZ) has developed a unique
measurement technology based on sophisticated algorithms and
cutting-edge technology with broad applications including the
apparel, e-commerce, DIY, shipping and parcel delivery
industries. This proprietary measurement technology is driven
by several algorithms which are able to calculate and record
measurements in a variety of novel ways. To learn more about My
Size, please visit our website: www.mysizeid.com. We routinely
post information that may be important to investors in the Investor
Relations section of our website. Follow us
on Facebook, LinkedIn, Instagram and Twitter.
Please click here for a demonstration of how MySizeID
provides a full sizing solution for the retail industry.
Register here for a one-month free trial of MySizeID solution
for your online store.
Please click here to download MySizeID for iOS.
Please click here to download MySizeID for Android.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains certain forward-looking statements
within the meaning of the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These statements are
identified by the use of the words "could," "believe,"
"anticipate," "intend," "estimate," "expect," "may," "continue,"
"predict," "potential," "project" and similar expressions that are
intended to identify forward-looking statements. All
forward-looking statements speak only as of the date of this press
release. You should not place undue reliance on these
forward-looking statements. Although we believe that our plans,
objectives, expectations and intentions reflected in or suggested
by the forward-looking statements are reasonable, we can give no
assurance that these plans, objectives, expectations or intentions
will be achieved. Forward-looking statements involve significant
risks and uncertainties (some of which are beyond our control) and
assumptions that could cause actual results to differ materially
from historical experience and present expectations or projections.
Actual results to differ materially from those in the
forward-looking statements and the trading price for our common
stock may fluctuate significantly. Forward-looking statements also
are affected by the risk factors described in the Company's filings
with the U.S. Securities and Exchange Commission. Except as
required by law, we undertake no obligation to update or revise
publicly any forward-looking statements, whether as a result of new
information, future events or otherwise, after the date on which
the statements are made or to reflect the occurrence of
unanticipated events.
Israel Press Contact:
Yaniv Leibovich
Leibovich Media
yanivleib@gmail.com
+972-54-444-0326
U.S. Press Contact:
5W Public Relations
mysizeid@5wpr.com
IR Contact:
Crescendo Communications, LLC
Tel: +1 212-671-1020
Email: MYSZ@crescendo-ir.com
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SOURCE My Size Inc.