ShiftPixy Secures Virus-Killing Genesis One Technology to Make Restaurants Safer
September 27 2021 - 08:00AM
Business Wire
Brings cutting edge innovation to the
restaurant and retail markets
ShiftPixy, Inc. (NASDAQ: PIXY), a national staffing enterprise
that designs, manages, and sells access to a disruptive,
revolutionary platform, today announced an agreement in principle
with Quelliv, Inc., the exclusive manufacturer and distributor of
the anti-viral, bio-technology Genesis One laser device, to better
support restaurants and retailers in keeping their businesses and
customers safe.
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Designed to meet the unique environmental and health issues for
people in space, ShiftPixy has secured the exclusive distribution
rights for the Genesis One anti-virus laser systems for use in
restaurants and retail.
“We were introduced to the Genesis One technology late last year
and saw an opportunity to help our restaurant clients keep their
dining rooms cleaner and safer in the face of COVID,” said
ShiftPixy CEO and Founder Scott Absher. “An independent lab has
tested the Genesis One equipment and confirmed the technology’s
viral killing capability under realistic conditions.”
ShiftPixy currently intends to offer the anti-viral system as an
extension of its services to current clients initially with a major
rollout planned for calendar 2022.
For more information, visit www.shiftpixy.com.
About ShiftPixy
ShiftPixy (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.
Forward-Looking Statements
Any statements contained in this press release that do not
describe historical facts may constitute forward-looking
statements. 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. The risks and uncertainties include, but are
not limited to, risks associated with the efficacy of the Genesis
One technology in non-laboratory conditions with respect to both
existing pathogens and those that may emerge in the future; the
ability of the Company to meet client demand for the Genesis One
technology; entry into a definitive agreement with Quelliv, Inc.
that provides exclusive access to the Genesis One technology for
the Company’s clients, and the ability of Quelliv, Inc. to fulfill
its obligations under any such definitive agreement; nature of the
Company’s business model; the Company’s ability to execute its
vision and growth strategy; the Company’s ability to attract and
retain clients; the Company’s ability to assess and manage risks;
changes in the law that affect the Company’s business and its
ability to respond to such changes and incorporate them into its
business model, as necessary; the Company’s ability to insure
against and otherwise effectively manage risks that affect its
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; the
Company’s ability to protect and maintain its intellectual
property; and general developments in the economy and financial
markets. Many of these and other risks are discussed in the
Company’s filings with the SEC, including, without limitation, its
Annual Report on Form 10-K, filed on November 30, 2020, as amended
on January 12, 2021, and its periodic and current reports on Form
10-Q and Form 8-K. 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 the Company, is included in the filings we
make with the SEC from time to time. These documents are available
on the "SEC Filings" subsection of the "Investor Information"
section of the Company’s 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, the Company is alerting investors and other members
of the general public that the Company 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 the Company are encouraged to keep
informed by following us on Facebook, Twitter, LinkedIn and
YouTube.
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INVESTORS: Investor.Relations@ShiftPixy.com 800.475.3655
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