AIRPORTCITY, Israel, Sept. 22, 2016 (GLOBE NEWSWIRE) — MySize Inc. (MYSZ) (MYSZ), a developer of a unique measurement technology based on sophisticated algorithms with broad Smartphone applications in a variety of areas from the apparel e-commerce market to Do It Yourself and courier, today announced that it has engaged Network 1 Financial Securities as its exclusive Investment Banker. Moreover, Network 1 will organize and implement a non-deal roadshow program in order to educate the investment banking community on the MySize business model. In addition, Network 1 will act as an advisor to help identify future acquisition targets that are synergistic to MySize’s overall business plan.
Ronen Luzon, Chief Executive Officer of MySize, stated, “We are very excited to be working with the team from Network 1 Financial Securities. Having been in the investment banking industry for over 30 years, we feel that their experience, knowledge and transaction successes help to solidify our belief that they will be effective in helping us with our financial needs. They have shown a tremendous understanding of our core business plan instilling confidence that Network 1 will offer sound strategic advice that will enable us to propel our organization forward.”
William Hayde, of the Investment Banking division at Network 1 Financial, stated, “We look forward to working with the team at MySize and will be looking for opportunities to increase shareholder value in the future.”
About Network 1 Financial Securities
Network 1 Financial Securities, Inc., founded in1983, is a full service broker dealer with offices located in the New York and New Jersey area. As a FINRA member firm, Network 1 offers a wide array of investment banking services. The Investment Banking team has over 90 plus years combined experience. Dedicated to assisting public and private companies take advantage of the rapidly changing equity markets, the Network 1 team understands the investment banking needs of companies.
MySize Inc. (MYSZ) (MYSZ) developed a unique measurement technology based on sophisticated algorithms with broad applications in a number of areas and industries, from the apparel e-commerce market to Do It Yourself (smartphone & tablet apps) to shipping and parcel measuring among others. The technology is driven by several patent-pending algorithms which are able to calculate and record measurements in a variety of novel ways. To learn more about MySize, please visit the website located at www.mysizeid.com.