IRVINE, California,
March 22, 2018 /PRNewswire/ --
ShiftPixy, Inc. (NASDAQ: PIXY), a
disruptive workforce engagement platform provider, is helping
businesses streamline employment operations in sectors where high
turnover is hampering growth. 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.
ShiftPixy's Co-Founder and CEO, Scott
Absher, stated, "We talk with scores of operators every week
that struggle with high turnover. We also speak with private equity
firms who own multi-unit restaurant and QSR brands in their
portfolio and can relate to today's part-time labor troubles.
ShiftPixy can improve their portfolio companies' efficiencies and
their bottom line by establishing much needed stability and
reliability in the workforce."
Particularly for mid- to large-sized restaurant, hospitality,
and retail chains, where employees are the heart of an
organization, ShiftPixy provides a sophisticated tech-driven
solution to cure the labor headaches many organizations face.
AI-enabled onboarding, human capital data recorded on private
blockchain ledgers, and an innovative 'micro-metering' approach to
financial and insurance transactions are only a few ways ShiftPixy
is disrupting both the traditional employment and gig economy
models and providing a ready-to-hire workforce for
organizations.
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.
Learn More
To discover the power of ShiftPixy's self-delivery platform for
your restaurant please select one of our convenient webinar
timeslots at: https://www.shiftpixy.com/webinars/or call us at
888-798-9200 to register.
About ShiftPixy
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.
Media Contact:
Clark Wilson
clark.wilson@shiftpixy.com
(949)245-7250
SOURCE ShiftPixy, Inc.