ShiftPixy Labs Announces Ghost Kitchen Incubator Contest
August 13 2020 - 9:00AM
ShiftPixy, Inc. (NASDAQ: PIXY), a California-based gig engagement
platform provider, today revealed its new contest program as part
of the ShiftPixy Labs Ghost Kitchen Incubator Project. As an
addition to the Company’s thrilling new Ghost Kitchen expansion,
the contest will offer qualified chefs and restaurant operators the
chance to earn a spot in the Incubator by pitching and testing new
ideas with fully simulated ghost kitchen and delivery experiences.
The contest as well as the Incubator Project will be streamed on
YouTube, providing the Company and all participants with an
elevated platform for a global audience.
With the restaurant industry experiencing a
seismic shift towards ghost kitchens and delivery-centric business
models, it’s more important than ever for operators to learn how to
succeed using these concepts. The services provided by the
ShiftPixy Labs Incubator Project are designed to prepare operators
to launch new businesses — and coach them on how to build and
optimize their businesses around delivery and off-premises dining
from the ground up.
“At our core, ShiftPixy’s mission is about
helping operators succeed. In today’s landscape, that means guiding
them through the process of running a strong ghost kitchen and
delivery-based restaurant,” said ShiftPixy co-founder and CEO Scott
Absher. “Our Ghost Kitchen Incubator Project will change the way
restaurants are created and launched, and this new contest program
opens that opportunity to a huge range of participants, which also
gives us the chance to discover and partner with the exciting
brands of tomorrow. From culinary students with great ideas
to aspiring restaurateurs trying to open their second restaurant,
the Ghost Kitchen Incubator Contest is open to anyone who applies –
and viewers around the world will be able to see how entrepreneurs
can leverage ShiftPixy’s engagement and strategy. We look forward
to sharing more news and information about these revolutionary
programs in the coming weeks.”
Through ShiftPixy Labs, the Company expects to
provide additional layers of services and engagement, from business
start-up clear through to customer meal delivery. The new
functionality builds on the traditional ShiftPixy gig engagement
platform, which empowers restaurant operators to take full
advantage of their human capital with cutting-edge tools to handle
payroll, compliance and native delivery. Mr. Absher will be
providing more information at NRN’s Restaurants Rise series of
webinars, scheduled to take place August 18. The Company encourages
interested parties to register for the event here.
About ShiftPixyShiftPixy (PIXY)
provides a disruptive human capital management platform,
revolutionizing employment in the Gig Economy by delivering a
next-gen mobile engagement technology to help businesses with
shift-based employees navigate regulatory mandates, minimize
administrative burdens and better connect with a ready-for-hire
workforce. With expertise rooted in management’s nearly 25 years of
workers’ compensation and compliance programs experience, ShiftPixy
adds a needed layer for addressing compliance and continued demands
for equitable employment practices in the growing Gig Economy.
ShiftPixy Cautionary
StatementThe information provided in this release includes
forward-looking statements, the achievement or success of which
involves risks, uncertainties, and assumptions. Although such
forward-looking statements are based upon what management of the
Company believes are reasonable assumptions, there can be no
assurance that forward-looking statements will prove to be
accurate. If any of the risks or uncertainties, including those set
forth below, materialize or if any of the assumptions proves
incorrect, the results of ShiftPixy, Inc., could differ materially
from the results expressed or implied by the forward-looking
statements we make. The risks and uncertainties include, but are
not limited to, risks associated with the nature of our business
model; our ability to execute the Company's vision and growth
strategy; our ability to attract and retain clients; our ability to
assess and manage risks; changes in the law that affect our
business and our ability to respond to such changes and incorporate
them into our business model, as necessary; our ability to insure
against and otherwise effectively manage risks that affect our
business; risks arising from the COVID-19 pandemic or any other
events that could cause wide-scale business disruptions;
competition; reliance on third-party systems and software; our
ability to protect and maintain our intellectual property; and
general developments in the economy and financial markets.
Statements made in connection with any guidance may refer to
financial statements that have not been reviewed or audited. The
Company undertakes no obligation to update forward-looking
statements if circumstances or management's estimates or opinions
should change, except as required by applicable securities laws.
The information in this press release shall not be deemed to be
"filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934, as amended, or otherwise subject to the liabilities of
that section, and will not be deemed an admission as to the
materiality of any information that is required to be disclosed
solely by Regulation FD. Further information on these and other
factors that could affect the financial results of ShiftPixy, Inc.,
is included in the filings we make with the Securities and Exchange
Commission from time to time. These documents are available on the
"SEC Filings" subsection of the "Investor Information" section of
our website at
https://ir.shiftpixy.com/financial-information/sec-filings, or
directly from the SEC’s website at https://www.sec.gov. Consistent
with the SEC’s April 2013 guidance on using social media outlets
like Facebook and Twitter to make corporate disclosures and
announce key information in compliance with Regulation FD,
ShiftPixy is alerting investors and other members of the general
public that ShiftPixy will provide updates on operations and
progress required to be disclosed under Regulation FD through its
social media on Facebook, Twitter, LinkedIn and YouTube. Investors,
potential investors, shareholders and individuals interested in our
Company are encouraged to keep informed by following us on
Facebook, Twitter, LinkedIn and YouTube.
INVESTOR CONTACT:
Investor.Relations@ShiftPixy.com 800.475.3655
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