IRVINE, CA – May 3, 2018 – ShiftPixy, Inc. (NASDAQ:PIXY), a disruptive workforce engagement platform provider, will be an exhibitor at the 2018 National Restaurant Association (NRA) Show taking place May 19-22 in Chicago.
The NRA Show is the largest annual gathering of the restaurant, foodservice and hospitality industries in the US with over 2,300 companies exhibiting this year. The 2018 show will be held at the McCormick Place in Chicago, and ShiftPixy will be located in booth #11117.
ShiftPixy’s disruptive employment model is poised to revolutionize how the restaurant industry hires and manages its workforce. The Gig Economy’s mainstream adoption has caused much of the part-time labor force to leave the standard workplace in favor of gig platforms that provide the desired flexibility. By leveraging the Gig Economy concept and focusing on companies who rely on part-time labor, ShiftPixy’s ecosystem and mobile platform have created a solution that allows operators to retain a dedicated workforce while achieving desired growth and scalability.
While many restaurants feel obligated to work with third-party delivery platforms, these partnerships are not without downsides. Not only do they cut into restaurants’ profits, but operators also surrender brand ownership and control. ShiftPixy is the solution to third-party delivery by helping lower delivery costs and enabling restaurants to use their own team members to self-deliver their brand intended customer experience, while also alleviating the operators of the compliance, management and insurance issues that are imperative to delivery.
“We’re thrilled to be exhibiting at the NRA Show this year alongside some of the largest and most innovative brands in the country,” says Scott Absher, CEO of ShiftPixy. “Our platform has the ability to transform how restaurants manage their part-time workforce, allowing operators to devote more time on their business and customers, and less time on administrative employment tasks.”
Harnessing the Gig Economy concept, ShiftPixy matches employers seeking part-time employees or delivery drivers with qualified workers. Unlike others in the Gig Economy, ShiftPixy embraces employer status of the workforce, offering employment related benefits and protections, all while handling administrative and compliance burdens for the operators.
ShiftPixy’s attendance at NRA follows recent announcements and growth including its ‘micro-metering’ approach to incremental payment transactions and related insurance coverages based on real-time use and exposures, as well as the introduction of a private, centralized blockchain ledger to record and track critical human capital validation. Last month, they also welcomed delivery services logistics company, Zion Delivery Service, as a client into their ecosystem, highlighting its value across sectors. This partnership will allow Zion Delivery Service to streamline its recruiting and scheduling demands and empower the company to scale and grow its work with Amazon Logistics.
Note of Clarification
To be clear, ShiftPixy has never, does not now and will never use its blockchain technology in any form of cryptocurrency or cryptocurrency related application.
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ShiftPixy (NASDAQ: PIXY) is 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 Statement
The 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; 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. 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 on Forms 1-A and 10-K and in other 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.
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.
Source: ShiftPixy, Inc.