- FirstLook Smart Mirror Featured on Israel's Channel 13, View -
HERE
- MySize Receives Strong Interest in Smart Mirror from
Current and Prospective Customers
AIRPORT CITY, Israel ,
July 26,
2022 /PRNewswire/ -- MySize, Inc. (NASDAQ: MYSZ)
(TASE: MYSZ.TA) ("MySize" or the "Company"), an omnichannel
e-commerce platform and provider of AI-driven measurement solutions
to drive revenue growth and reduce costs for its business clients,
today announced that its FirstLook Smart Mirror, designed to serve
the hybrid retail customer, was recently featured on Israeli
channel 13 as an innovative retail tool that serves evolving
shopping habits.
FirstLook Smart Mirror is an interactive, mirror-like touch
display that provides shoppers in physical stores with an enhanced,
online shopping experience and contactless checkout. Seamlessly
fitting into any retail environment, it can be placed in fitting
rooms and other high-traffic, strategic locations.
An IBM report titled "Retail Industry Reshapes with Hybrid Cloud
and AI to Help Meet Shifting Consumer Shopping and Sustainability
Preferences" provided in-depth data on the rise of hybrid
shopping—as consumers are increasingly mixing physical and digital
channels. One in four consumers surveyed stated hybrid shopping as
their preferred method, with 62% of consumers surveyed stating they
are willing to change their purchasing habits to reduce
environmental impact. Importantly, Gen Z consumers surveyed were
the most likely to be hybrid shoppers. More than 50% of consumers
surveyed had already used or would like to try tech-enabled
touchpoints in a physical store environment according to a report
by the IBM Institute for Business Value..
"The launch of FirstLook Smart Mirror is ideally timed with the
rise of hybrid shopping and with consumers' desire to reduce
environmental impact, which is significant as it relates to apparel
returns. MySize identified this opportunity early on, and we are
now seeing strong interest in our smart mirror both from our
current clients who are using MySizeID on their ecommerce sites, as
well as from prospective new customers," said Ronen Luzon, CEO, and
Founder of MySize. "Offering a hyper-personalized measurements
profile, powered by a QR code, the mirror recommends to shoppers
the best pieces for them based on the stock currently in store,
along with an in-booth checkout option. FirstLook Smart Mirror
leverages our MySizeID AI and cloud-based tech to serve our
installed retailer customer base's physical stores."
About MySize Inc.
MySize, Inc. (NASDAQ: MYSZ) (TASE: MYSZ.TA) is an omnichannel
e-commerce platform and provider of AI-driven measurement solutions
to drive revenue growth and reduce costs for its business clients.
Orgad, its online retailer platform, has expertise in e-commerce,
supply chain, and technology operating as a third-party seller on
Amazon.com and other sites. MySize recently launched FirstLook
Smart Mirror, a mirror-like touch display that provides in-store
customers an enhanced shopping experience and contactless checkout.
FirstLook Smart Mirror extends MySize's reach into physical stores
and is expected to contribute to revenues through unit sales and
recurring service fees.
MySize 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 that are able to calculate and
record measurements in a variety of novel ways. To learn more about
MySize, 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 free plan of MySizeID solution for
your online store.
Please click here to download MySizeID for iOS.
Please click here to download MySizeID for Android.
To learn more about MySize and for additional information, please
visit: our website: www.mysizeid.com.
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.
Investor Contacts:
Or Kles, CFO
ir@mysizeid.com
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SOURCE My Size Inc.