MySize's portfolio of products improve apparel shopping
experience, optimize fit, reduce returns, increase average purchase
size, and improve sustainability
AIRPORT CITY, Israel, April 18,
2023 /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 it will exhibit at the Retail
Technology Show in London, England
on April 26 and 27, 2023.
The Retail Technology Show is the leading platform for providers
of innovative solutions to showcase how retailers can run their
business more effectively, more efficiently and more profitably;
resulting in seamless operations and enhanced customer
experience.
In hall 6, booth #6E48, MySize and its technology partner, GK
Software (GKS.DE), will present and demonstrate the Company's
portfolio of retail technology products including:
- MySizeID, an AI-driven apparel sizing solution for online
shoppes that reduces returns, increases average purchase size, and
improves sustainability
- Smart Catalogue, an SaaS product that helps fashion designers
create patterns that optimize fit with the aim of reducing unsold
items and improving economics for fashion brands
- First Look Smart Mirror, a highly innovative, next-generation
mirror that hybridizes retail apparel shopping, merging the
digital-online user experience with the traditional physical retail
store environment
"We look forward to seeing our growing network of customers that
are currently using MySize's products at the Retail Technology
Show, as well as meeting with new and prospective customers,"
stated MySize CEO and Founder, Ronen
Luzon. "Technology and specifically AI and algorithms have
become essential tools for online retailers. We were early to
market with our industry-leading apparel sizing solutions, and we
are pleased to see increased interest in tools that can improve
retailer economics, increase customer satisfaction, and reduce
waste for a better environment."
About MySize Inc.
MySize, Inc. (Nasdaq: MYSZ) (TASE: MYSZ.TA) is an omnichannel
e-commerce platform and provider of AI-driven measurement solutions
including MySizeID and recently acquired Naiz Fit 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.
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, including statements
related to the acquisition, expected revenues, and the expected
closing of the acquisition. 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 may 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.