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HyreCar Adds Veteran Sales Executives and Scalable Customer Service Solution to Accelerate National Dealership Initiatives
[July 11, 2019]

HyreCar Adds Veteran Sales Executives and Scalable Customer Service Solution to Accelerate National Dealership Initiatives


HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing, has added an experienced outside sales team and scalable customer service infrastructure to support dealership and institutional vehicle growth initiatives.

The newly established team of industry professionals was created to pursue OEM and dealer opportunities. The expanded sales team brings a wealth of sales and service experience to HyreCar, with new team members that previously held senior positions at nationally recognized companies including Kelly Blue Book, Edmunds, AutoNation, DealerTrack, CDK Global, LotLinx, AutoAlert and Cox (News - Alert) Automotive. HyreCar has appointed John Fitzgerald to lead Eastern Regional operations and Michael Grave to lead Western Regional operations. The two industry veterans have existing dealership and OEM relationships that will be used to fuel vehicle supply and provide value for all HyreCar stakeholders.

To support the increase in dealer and OEM initiatives on the HyreCar platform, the Company has partnered with a leading global customer services company. This new partnership will provide HyreCar with a highly scalable customer service team along with improved omni-channel customer communications to provide white glove support to HyreCar dealer and OEM partners.

"We are pleased to announce the addition of this sales and support team to drive the growth of our innovative platform," said Joe Furnari, Chief Executive Officer of HyreCar. Brian Allan, former Galpin Motors executive and newly appointed Senior Vice President of Strategic Partnerships, added, "HyreCar provides dealers the platform to create new revenue streams and sales opportunities. Our veteran sales team will educate dealers on how to profit from HyreCar's marketplace solution while everaging the resources they've already invested in."



About HyreCar

HyreCar Inc. (NASDAQ: HYRE) is a nationwide leader operating a carsharing marketplace for ridesharing in all 50 states and Washington D.C. via its proprietary technology platform. The Company has established a leading presence in Mobility as a Service (MaaS) through individual vehicle owners, dealers and OEMs, who have been disrupted by automotive asset sharing. By providing a unique opportunity through its safe, secure, and reliable marketplace, HyreCar is transforming the industry by empowering all to profit from Mobility as a Service. For more information please visit www.hyrecar.com.


Forward-Looking Statements

Statements in this release concerning HyreCar Inc.'s ("HyreCar" or the "Company") future expectations and plans, including, without limitation, HyreCar's future earnings, partnerships and technology solutions, its ability to add and maintain additional car listings on its platform from car dealers, and consumer demand for cars to be used for ridesharing, may constitute forward-looking statements for the purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995 and other federal securities laws and are subject to substantial risks, uncertainties and assumptions. You should not place reliance on these forward-looking statements, which include words such as "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" or similar terms, variations of such terms or the negative of those terms. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee such outcomes. HyreCar may not realize its expectations, and its beliefs may not prove correct. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including, without limitation, market conditions and the factors described in the section entitled "Risk Factors" in HyreCar's most recent Annual Report on Form 10-K and HyreCar's other filings made with the U. S. Securities and Exchange Commission. All such statements speak only as of the date made. Consequently, forward-looking statements should be regarded solely as HyreCar's current plans, estimates, and beliefs. Investors should not place undue reliance on forward-looking statements. HyreCar cannot guarantee future results, events, levels of activity, performance or achievements. HyreCar does not undertake, and specifically declines, any obligation to update, republish, or revise any forward-looking statements to reflect new information, future events or circumstances or to reflect the occurrences of unanticipated events, except as may be required by applicable law.


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