Monthly Archives: December 2019

Findit Features Great Holiday Gift Ideas from Findit Member Twisted Wares

ATLANTA, GA / ACCESSWIRE / December 18, 2019 / Findit, Inc. (OTC PINK:FDIT) owner of Findit.com, a full service social networking content management platform which provides online marketing services, is featuring Findit member Twisted Wares for great holiday gifting ideas where you can find the best holiday themed novelty kitchenwares for sale online.

 

Twisted Wares is home to the best novelty kitchenwares for sale online from funny cocktail napkins to hang tight towels, crossback aprons and their widely popular bitch bags. For the holidays, you can find great, high quality holiday themed novelty hang tight towels, cocktail napkins aprons and more all online that make great, holiday gifts.

 

Check Out The Best Holiday Hang Tight Towels

Twisted Wares hang tight towels feature a patent pending loop that hang tight to whatever you hang them on. Great for all kitchens, their hang tight towels are printed using toxic-free ink.

Introducing Twisted Wares brand new collection – Twisted Oven Mitts!!!

Twisted Wares funny bitch bags are great for everyone and perfect as a stand alone clutch, thrown into a purse or back pack or taken on the go in a suitcase. Vinyl lined, zipper enclosed, and made with high quality materials, these bitch bags make great handy gifts.

Browse Hilarious Cocktail Napkins

Twisted Wares has a great collection of funny cocktail napkins – some holiday themed, some with NSFW content, and some that are downright hilarious. Great for yourself, as a stocking stuffer, party favor or to stock your pantry, these funny cocktail napkins are definitely a conversation piece.

Our top pick for the holidays from Twisted Wares – Your Lack of Holiday Spirit Is Disturbing Hang Tight Towel

Findit focuses on reaching the target demographics for each of these members that may or may not be aware of them in an effort to heighten brand awareness of their services and in some cases, their extensive product lines.

About Findit, Inc.

Findit, Inc., owns Findit.com which is a Social Media Content Management Platform that provides an interactive search engine for all content posted in Findit to appear in Findit search. The site is an open platform that provides access to Google, Yahoo, Bing and other search engines access to its content posted to Findit so it can be indexed in these search engines as well. Findit provides Members the ability to post, share and manage their content. Once they have posted in Findit, we ensure the content gets indexed in Findit Search results. Findit provides an option for anyone to submit URLs that they want indexed in Findit search result, along with posting status updates through Findit Right Now. Status Updates posted in Findit can be crawled by outside search engines which can result in additional organic indexing. All posts on Findit can be shared to other social and bookmarking sites by members and non-members. Findit provides Real Estate Agents the ability to create their own Findit Site where they can pull in their listing and others through their IDX account. Findit, Inc., is focused on the development of monetized Internet-based web products that can provide an increase in brand awareness of our members. Findit, Inc., trades under the stock symbol FDIT on the OTCPinksheets.

Safe Harbor:

This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word believe or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or

CONTACT:

Clark St. Amant
404-443-3224

SOURCE: Findit, Inc

ReleaseID: 570652

Appnomic Raises $22M, Appoints High-Tech Industry Veteran, Nitin Kumar, as the CEO, Adds Tenured CMO, CRO to Executive Team

AI-Enabled Game Changer to Transform IT Operations with Self-Healing Technology

CUPERTINO, CA / ACCESSWIRE / December 18, 2019 / Appnomic, the providers of the first self-healing technology for IT operations, today announced a $22M round led by Avataar Ventures, as well as the appointment of high-tech veteran, Nitin Kumar, to the CEO post. In addition, the company has named Cuneyt Buyukbezci CMO and Girish Muckai CRO.

The company is pioneering AI-enabled self-healing technology, which is a game-changer for IT operations. The technology-enabled industry sectors lose $1.7 T every year globally due to downtime and information loss. While companies employ a myriad of tools to detect problems early, they still fight a losing battle as they address the issues only after incidents occur and start damaging the business.

AI is changing all of this by predicting problems before they occur, preventing them from surfacing by resolving causes automatically. The software solution offered by Appnomic enables 40+ customers who could prevent more than 250,000 severe incidents a year. This amounts to 850,000+ man-hours savings, and more than $40,000,000 in costs, excluding the impact on the customers' brand and external relationships.

This exciting new technology category has motivated Avataar Ventures to lead the latest round, investing $22M in Appnomic.

"Appnomic offers the industry's first Autonomous IT Operations Software. Avataar is excited about this investment and new team," said Mohan Kumar, Managing Partner at Avataar Ventures. "These funds will allow Appnomic to expand its global presence and market reach to enable autonomous business operations, which will save companies a tremendous amount of time and money."

The new CEO and leadership team have the right background and track record to drive aggressive growth for Appnomic.

Nitin Kumar, a veteran strategist in the high-tech sector, has previously held leadership roles in startups, enterprises, and management consulting firms, including HP, Deloitte, PwC, and FTI. He has a history of building and scaling businesses. Nitin is well recognized in the industry for his leadership with Business Model Innovation and Transformation. Kumar counts several hundred M&A transactions, multiple business pivots, and global expansion success among his accomplishments.

"Appnomic is years ahead of traditional monitoring, APM, AIOps and Cognitive Operations players because true AI and ML were put into use a long time ago," explained Nitin Kumar, CEO, Appnomic. "Businesses are looking for providing better customer experiences, less downtime, and cost savings. Organizations integrating self-healing systems have a competitive advantage over those that do not. Appnomic has multiple patents in the self-healing domain and continues to innovate in this arena. The new team and I have great plans to scale this business in 2020."

Cuneyt Buyukbezci, the new CMO, has a history of working at big enterprises running marketing, product strategy, and sales leadership at HP Software, Sun Microsystems, and CA Technologies.

Girish Muckai, the new CRO, brings over 20 years of start-up and large-company experience in commercial roles around SaaS, AI/ML, Security, and Networking in companies such as Passage AI and Juniper Networks.

D. Padmanabhan, aka Paddy, the former CEO, and founder, will be still active in an operating role as the Chairman and will continue to bolster the product vision and execution into its next phase of growth.

About Appnomic

Appnomic, the first self-healing technology for IT operations, uses unsupervised AI to learn how a system works under normal circumstances and creates a dynamic baseline. Contrary to traditional monitoring tools which send alerts when a certain threshold is passed, Appnomic can detect if crossing a threshold is normal behavior, or even if a seemingly normal behavior is problematic. It recognizes "signals" that are leading indicators of a future incident where other tools detect "problems." Appnomic's clients have on average faced 60% reduction in false-positive alerts, 60% reduction in developer time spent on solving problems, and 75% decrease in issues. To learn more visit www.appnomic.com.

Media contact:

Rodney Goedhart
rodney.goedhart@innowire-advisory.com
1-619-940-1412

SOURCE: Appnomic

ReleaseID: 570589

Michael Evans, CEO Of USPA International Discusses Licensee Program And The Future Of Security Services With StartupFortune

Michael Evans, the CEO of USPA International and USPA Nationwide Security discusses the solutions provided by their full service, licensed, bonded and insured security firm to both governmental and private clientele in an interview with StartupFortune.

NEW YORK, NY / ACCESSWIRE / December 18, 2019 / USPA Nationwide Security has been providing traditional security guard services, bodyguard service and fire watch in all 50 states through their Trademark License Program and Certified Contractor Program for several years. Michael Evans, the CEO shared his experience and discussed his licensee program and the future of security services in detail in a recent interview with StartupFortune. While sharing his experiences he expressed his opinion about how the thought of creating a large security company had come to fruition. About 15 years ago, USPA was a name that he thought of in his friend's backyard. Today, USPA is a multinational security company with operations all over the world. Michael Evans happily expressed that the success of his company is mainly because the value they put before profit.

"We are currently seeking new trademark licensees in the United States and we have opportunities in areas around the globe" he explains his plans about the future developments of USPA. USPA Nationwide Security sets the standard in the industry by which other firms and security guard companies have measured and emulated their own policies and procedures.

USPA International Security operates in 14 countries. Their footprint is most prevalent in high risk zones of Mexico, where they conduct anti-kidnaping operations and abduction support, led by their staff of former military and current/retired federal law enforcement officials.

Michael Evans shares the unique aspects of their trademark licensee program "most people who are looking to start a security company, look into current lists of security company franchises. I am not a fan of buying a security franchise for a new business owner. I created my trademark licensee program for people who would like to jump into the security market with both feet, with fifteen years of experience, business credit, references and credibility in their corner on day one. We have so many different options for our trademark licensees. Some choose to go after a single contract while leveraging our credentials and they remain a one-contract company without any further advertising. Examples of this business model are returning veterans, securing a contract to protect and manage a private residence (actors, singers, etc). While they may possess the knowledge, skills and abilities to secure the family, estate, conduct route planning, etc. they would never get in the door to present their skills, without a well-known, well-oiled machine of a business behind them. Our licensees are able to leverage, not only our time in business, but our real-life experience and management of such contracts, both domestic and abroad".

About USPA International and USPA Nationwide Security

USPA Nationwide Security is a traditional security guard company, part of the network, under the umbrella of USPA International, a dedicated close protection service operating in 14 countries providing bodyguard services, close protection convoy security and path-finding services in high risk zones. The collaborative and efficient approach to security services helps clients reduce costs, manage risk and create a safe working environment. The USPA brand has grown from a one-man security guard company on Long Island in 2005, to a multinational security guard firm operating in all 50 states and in 14 countries.

More details about USPA's security services can be found at: www.uspasecurity.com

Media Contact Information:
Name: Sondae Graves, VP
Company: USPA International
Website: www.uspasecurity.com
Phone:(800) 214-1448

SOURCE: USPA Nationwide Security

ReleaseID: 570651

Findit Features Great Bling Bling Jewelry for the Holiday Gift Giving Season from Hip Hop Bling

ATLANTA, GA / ACCESSWIRE / December 18, 2019 / Findit, Inc. (OTC PINK:FDIT) owner of Findit.com, a full service social networking content management platform which provides online marketing services, is featuring Findit member Hip Hop Bling for their great holiday shopping gift ideas.

The Holiday Season is here and Christmas and Hanukkah are just a week away. Last minute shoppers looking for great holiday gift ideas can find beautiful unique bling bling jewelry for sale online from Hip Hop Bling. Click on over today and fill your basket up at Hip Hop Bling with incredible jewelry and get fast 2-4 day USA shipping on your purchase.

Jewelry makes a special gift for everyone on your list – who doesn't love some bling bling to dress up their go to look? Find great deals on men's pendants, earrings, iced out grillz, gold chains and more all at hip hop bling – where you can get high quality realistic looking bling for a fraction of the cost.

Hip Hop Bling offers affordable bling bling jewelry for less and with prices this great, shoppers can get something for everyone on their holiday list. Hip Hop Bling's jewelry looks and feels just like the real thing but is offered at much more competitive prices points.

Shop online today and find the best Hip Hop Bling Jewelry. With fast 2-4 day USA shipping, shoppers who waited until this week to get their holiday shopping done are in luck. Stock up on beautiful earrings, pendants, bracelets and more all at Hip Hop Bling.

Our top holiday jewelry pick from Hip Hop Bling – 6MM CZ 1 Row Bling Bling Tennis Bracelet Gold

Hip Hop Bling has been a member on Findit since day one and utilizes our online campaign marketing services for over 10 years. Findit.com is a full-service social networking content management online marketing website with services that enhance anyone's online web presence.

https://www.youtube.com/watch?v=8L99t9K0_uM

Findit focuses on reaching the target demographics for Hip Hop Bling that may or may not be aware of them in an effort to heighten brand awareness of their services and in some cases, their extensive product lines.

About Findit, Inc.

Findit, Inc., owns Findit.com which is a Social Media Content Management Platform that provides an interactive search engine for all content posted in Findit to appear in Findit search. The site is an open platform that provides access to Google, Yahoo, Bing and other search engines access to its content posted to Findit so it can be indexed in these search engines as well. Findit provides Members the ability to post, share and manage their content. Once they have posted in Findit, we ensure the content gets indexed in Findit Search results. Findit provides an option for anyone to submit URLs that they want indexed in Findit search result, along with posting status updates through Findit Right Now. Status Updates posted in Findit can be crawled by outside search engines which can result in additional organic indexing. All posts on Findit can be shared to other social and bookmarking sites by members and non-members. Findit provides Real Estate Agents the ability to create their own Findit Site where they can pull in their listing and others through their IDX account. Findit, Inc., is focused on the development of monetized Internet-based web products that can provide an increase in brand awareness of our members. Findit, Inc., trades under the stock symbol FDIT on the OTCPinksheets.

Safe Harbor:

This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word believe or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Findit, Inc. to differ materially from those implied or expressed.

CONTACT:

Clark St. Amant
404-443-3224

SOURCE: Findit, Inc.

ReleaseID: 570650

DriveSafety App Goes Beyond The Car Insurance Companies Distracted Driving Awareness Commercials.

TV Commercials by State Farm, Geico, Allstate and Farmers Bring Awareness to the Dangers of Texting and Distracted Driving But They Do Not Stop It

LAS VEGAS, NV / ACCESSWIRE / December 18, 2019 / WebSafety, Inc. (www.websafety.com) (OTCPINK:WBSI)

"DriveSafety is the solution that the world has been waiting for to stop the increasing habit of texting while driving and other dangerous distractions while driving," stated Rowland Day, founder and CEO of WebSafety.

"Car insurance companies such as State Farm, Geico, Allstate, Farmers, and Automobile Club of Southern California, to name a few, have been running TV commercials that bring attention to the dangerous habits of texting while driving and distracted driving in general. It is obvious that the car insurance companies need to stop distracted driving."

"According to Crain's Chicago Business, in 2016 State Farm incurred $35.8 billion in claims and loss adjustment expenses. When combined with the costs of running its auto insurance business, State Farm lost $7 billion for the year in that segment."

"That was 65 percent higher than its $4.4 billion auto underwriting loss of 2015. State Farm's staggering auto insurance loss is the most visible sign yet of how distracted driving and rising repair and medical costs are hammering car insurers. Many are hiking rates at levels not seen in years to try to keep pace with the claims payouts."

"State Farm is not alone in feeling the financial effects of distracted driving. Due to the increase in claims and loss adjustment expenses, car insurance premiums have increased over 23% since 2011 and may continue to rise."

According to the report, "The State of Auto Insurance 2019" issued by The Zebra, getting caught texting or using your phone will raise your insurance premium 20%, and it could exceed 50% in some states.

Rowland Day, the Founder and CEO of WebSafety stated, "We applaud the TV commercials that the car insurance companies have been showing to bring awareness to the dangerous habit of texting and other distractions while driving, but awareness is not the answer to stop distracted driving. Everyone already knows this. Distracted driving and its' consequences are increasing every year. As new young drivers receive their licenses and drivers use their phones in their cars, drivers feel that they can safely perform tasks and functions on their phones while driving. Statistics tell a different story, highway death and injuries, property damage, and car insurance premium increases, show that distracted driving is an extremely dangerous habit that needs to be stopped."

"Our DriveSafety app was created to stop distracted driving because drivers cannot discipline themselves to leave the phone alone. Focus groups indicate a false confidence by drivers between the ages of 16-40 that they can safely text and drive, they do not see a need to stop the habit; they only see a need to avoid being caught."

For more information, please contact:

WebSafety, Inc.
Rowland W. Day II
Tel: 949-642-7816
Email: rday@websafety.com

About WebSafety

WebSafety is a software company that has created mobile apps for the Android and iOS operating systems. The WebSafety App allows parents to monitor questionable and potentially harmful content or a direct predatory exchange that occurs on their child's mobile device. The WebSafety App monitors downloaded apps, SMS, websites visited, social media, GPS tracking, allows curfew blocking, and provides real time notifications to the parent. The parent uses a real time dashboard on their desktop, laptop or mobile device to stay informed of their child's activities.

The DriveSafety App disables the mobile device from texting and performing other related distractions while driving a vehicle. The DriveSafety App also supplies driving Telematics to the driver or additional concerned parties in order to create a safer driving experience for those in the vehicle and for those on the highways and roads.

SOURCE: Websafety Inc

ReleaseID: 570648

MTBC, Inc. Discusses 2019 Highlights, Revenue Growth and Goals for 2020 in New SNNLive Video Interview on StockNewsNow.com

LOS ANGELES, CA / ACCESSWIRE / December 18, 2019 / StockNewsNow.com, The Official MicroCap News Source™, today published an SNNLive Video Interview with Bill Korn, CFO of MTBC, Inc. (NASDAQ:MTBC) (NASDAQ:MTBCP), a leading provider of cloud-based healthcare IT solutions and services, according to the company's website, see here: www.mtbc.com. The video interview was recorded at the LD Micro "Main Event" 2019 in Bel Air, CA.

Click the following link to watch the SNNLive Video Interview:

MTBC, Inc. – Healthcare IT Company Discusses 2019 Highlights, Revenue Growth and Goals for 2020

You can follow Stock News Now on FACEBOOK, TWITTER, LINKEDIN, YOUTUBE, and STOCKTWITS

Please review important disclosures on our website at: http://stocknewsnow.com/legal.php#disclaimer

About MTBC

MTBC, Inc. is a healthcare information technology company that provides a fully integrated suite of proprietary cloud-based solutions, together with related business services, to healthcare providers and hospitals throughout the United States. Our integrated Software-as-a-Service (or SaaS) platform helps our customers increase revenues, streamline workflows and make better business and clinical decisions, while reducing administrative burdens and operating costs. MTBC's common stock trades on the Nasdaq Global Market under the ticker symbol "MTBC," and its Series A Preferred Stock trades on the Nasdaq Global Market under the ticker symbol "MTBCP."

For additional information, please visit our website at www.mtbc.com. To view MTBC's latest investor presentation, read recent articles, and listen to interviews with management, please visit ir.mtbc.com.

Follow MTBC on LinkedIn, Twitter and Facebook.

About StockNewsNow.com

StockNewsNow.com is a microcap financial news portal that features news and insights from the microcap and emerging growth financial community. StockNewsNow.com is a multimedia destination hub for information about microcap and emerging growth public and private companies, market events, news, bulletins, stock quotes, expert commentary and company profiles that feature SNN-produced video like SNNLive CEO video interviews, as well as their latest news and headlines. Users can engage directly and share the information provided through social media.

Follow the companies YOU want to know more about; read and watch content from YOUR favorite microcap, emerging growth financial experts; register to attend financial conferences of YOUR choosing; find microcap and emerging growth financial professionals that YOU may be looking for – all here on StockNewsNow.com.

StockNewsNow.com
info@snnwire.com

SOURCE: StockNewsNow.com

ReleaseID: 570627

Pacific Ventures Group Closes Acquisition of California Food Distribution Company

Combined Company Expects $33 Million Annual Revenue

LOS ANGELES, CA / ACCESSWIRE / December 18, 2019 / Pacific Ventures Group, Inc. (OTC PINK:PACV), a food and beverage holding company specializing in the distribution of consumer food, beverage and alcohol-related products, today announced the closing of its previously announced planned acquisition of California food distribution company, Seaport Meat Company. Seaport Meat generated approximately $28 million in revenue over the past year, while serving customers in California and nearby states. The company is focused on the distribution of fresh food, frozen foods and other related products, primarily in southern California.

Ms. Shannon Masjedi, Pacific Venture Group's Chief Executive Officer, commented, "We are extremely excited to enter this next phase for our business with the closing of the acquisition of Seaport Meat Company. We believe this transaction puts us at a major inflection point in building a significant food distribution platform company. We look forward to integrating the businesses, identifying operating efficiencies and accelerating our revenue growth."

With the acquisition complete, the Company has a larger customer base, expanded range of products, an expanded network of retail and institutional accounts and an expected annual revenue base of $33 million. Management believes that additional revenue opportunities will present themselves with the combination of the two companies, as synergies have already been identified for increased food product distribution.

About Pacific Ventures Group, Inc.

Pacific Ventures Group, Inc. (OTC: PACV) is focused on expansion within the consumer products, food, beverage and alcohol-related industries. For more information on PACV, please visit www.pacvgroup.com. (You need to be at least 21 years of age (legal age to consume alcohol) to visit the section of the web site dedicated to SnöBar.)

Safe Harbor Statement

Forward-Looking Statement: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that such forward-looking statements involve risks and uncertainties, which include but are not limited to, the inability of the company to obtain financing sufficient to maintain its operations and execute its acquisition strategy; the inherent uncertainties associated with smaller reporting companies; and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.

Investors Contact:

Phone: 310-392-5606
ir@pacvgroup.com

SOURCE: Pacific Ventures Group, Inc.

ReleaseID: 570645

Findit Features Member Palmetto Harmony And Their Holiday Sale

ATLANTA, GA / ACCESSWIRE / December 18, 2019 / Findit, Inc. (OTC PINK:FDIT) owner of Findit.com, a full service social networking content management platform which provides online marketing services, is featuring Findit member Palmetto Harmony for their holiday sale where you can build your own CBD holiday gift set and receive 30% off your order.

With just one week left before Christmas and Hanukkah there is just a little bit of time left to get all of your last minute holiday shopping completed. Palmetto Harmony is running their annual holiday sale and this year you can receive 30% off a build your own CBD holiday gift set, where you can mix and match your favorite CBD products and save on your purchase.

Get 30% off your CBD Holiday Gift Set Now
Palmettoharmony.com

Some of the items included in the sale are Palmetto Harmony 100ml CBD Oil, Holy Cannacense, Mango Hydrating Lotion, Lavender Night Cream and more.

Palmetto Harmony is a member on Findit and utilizes our full-service content management platform that includes our online marketing services.

Findt.com is a full-service social networking content management online marketing website with services that enhance anyone's online web presence.

Palmetto Harmony offers a wide variety of hemp related products for your skin and other topical uses. Check out their line of skin care facial products which would make anyone smile who receives this great gift.

You can follow Palmetto Harmony on their Findit page at Findit.com/cbd-hemp-oil-topical-cream.

Start shopping today and order your CBD holiday gift sets to get your products in time for the holidays.

Here is our CBD holiday gift set pick from Palmetto Harmony – Palmetto Harmony full spectrum oil and Holy Cannacense topical cream.

Findit focuses on reaching the target demographics for each of our members in an effort to heighten brand awareness of their services and in some cases, their extensive product lines.

About Findit, Inc.

Findit, Inc., owns Findit.com which is a Social Media Content Management Platform that provides an interactive search engine for all content posted in Findit to appear in Findit search. The site is an open platform that provides access to Google, Yahoo, Bing and other search engines access to its content posted to Findit so it can be indexed in these search engines as well. Findit provides Members the ability to post, share and manage their content. Once they have posted in Findit, we ensure the content gets indexed in Findit Search results. Findit provides an option for anyone to submit URLs that they want indexed in Findit search result, along with posting status updates through Findit Right Now. Status Updates posted in Findit can be crawled by outside search engines which can result in additional organic indexing. All posts on Findit can be shared to other social and bookmarking sites by members and non-members. Findit provides Real Estate Agents the ability to create their own Findit Site where they can pull in their listing and others through their IDX account. Findit, Inc., is focused on the development of monetized Internet-based web products that can provide an increase in brand awareness of our members. Findit, Inc., trades under the stock symbol FDIT on the OTCPinksheets.

Safe Harbor:

This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word believe or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Findit, Inc. to differ materially from those implied or expressed.

CONTACT:
Clark St. Amant
404-443-3224

SOURCE: Findit, Inc.

ReleaseID: 570649

YayYo, Inc., Enters a Rideshare Rental Fleet Partnership with LMP Automotive Holdings

The Company expands into Texas and increases California footprint with the opening of San Diego Location

BEVERLY HILLS, CA / ACCESSWIRE / December 18, 2019 / YayYo, Inc. ("YayYo" or the "Company") (NASDAQ:YAYO), a leading provider of vehicles to the rideshare industry through its wholly-owned subsidiary, Rideshare Car Rentals, today announced California expansion with the opening of a San Diego office, and it's first entry into the lucrative Texas market with a Dallas location. The territory extension was facilitated by a new fleet partnership with LMP Automotive Holdings (NASDAQ:LMPX).

The recently established relationship with LMP included sourcing cars under a $2.5 million-dollar program that resulted in automotive inventory delivered this month with an additional delivery scheduled for January. YayYo's nationwide rideshare rental fleet continues to increase, as the company serves drivers for Uber, Lyft, Grubhub, Postmates, and other gig economy leaders. Each YayYo car lists at approximately, $1,700 a month for each vehicle with gross margins exceeding 40%.

The Company also received the first of almost 100 vehicles from a program announced earlier this month. YayYo deployed those vehicles in Chicago, Los Angeles, Oakland, Seattle and Las Vegas.

Commenting on the announcement, Jon Rosen, Chief Executive Officer of YayYo, states, "Demand for better, full-service vehicles by rideshare drivers continues to climb, supporting our growth. This month alone we added two new large-market offices and doubled cars in Seattle and Las Vegas." He added "We're very happy to be associated with LMP Automotive. They have a tremendous ability to source an array of vehicle types, across multiple lines and geographies."

Gabriel Peer-Drake Sr., General Manager for LMP Holdings states, "LMP is well-suited to provision large, growing fleet owners like YayYo with fast inventory growth, through all types of vehicles and programs. When they need multiple car types in multiple states quickly, we're pleased they turned to us".

About YayYo, Inc.

YayYo bridges the gap between rideshare drivers needing a vehicle and rideshare companies that depend on attracting and keeping drivers with quality vehicles. YayYo uniquely supports drivers in both the higher and lower economic categories with innovative policies and programs. YayYo is becoming the preeminent provider of rental vehicles to drivers in the ever-expanding ridesharing economy.

About LMP Financial Services

LMP Leases Vehicles and describes its business model as "Buy, Rent or Subscribe, Sell and Repeat." This means that we "Buy" pre-owned automobiles primarily through auctions or directly from other automobile dealers, and new automobiles from manufacturers and manufacturer distributors at fleet rates. We "Rent or Subscribe" by either renting automobiles to our customers or allowing them to enter into our subscription plan for automobiles in which customers have use of an automobile for a minimum of thirty (30) days. LMP's all-inclusive vehicle subscription membership includes monthly swaps and covers insurance, maintenance and upkeep. It offers the flexibility to upgrade your vehicle to a more premium model or downgrade for a lesser cost model when you like. We "Sell" our inventory, including automobiles previously included in our rental and subscription programs, to customers as well, and then we "Repeat" the whole process.

Forward-Looking Statement Disclaimer

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this press release are forward-looking statements. These forward- looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the company cautions investors that actual results may differ materially from the anticipated results.

Public Relations Contact

MJ Clyburn
TraDigital IR
Phone: +1 (212) 389-9782 x 101
Email: clyburn@tradigitalir.com

SOURCE: YayYo, Inc.

ReleaseID: 570531