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DropCar Announces Non-Deal Roadshow in the U.S.

NEW YORK--(BUSINESS WIRE)--

DropCar, Inc. (DCAR), a leading provider of last mile logistics technology, mobility services and cloud-based software for both the automotive industry and consumers, today announced that it will launch a non-deal roadshow (“NDR”) in the United States in cities including New York, San Francisco, Los Angeles, Philadelphia, Miami and Palm Beach from January 28, 2019 to February 8, 2019.

DropCar CEO Spencer Richardson stated, “With the Mobility-as-a-Service space gearing up for some major IPOs this year, including Uber and Lyft, as well as expanding into new verticals such as large and small retailers looking to stay competitive with Amazon, we believe the time is right to aggressively share our mobility logistics platform with investors. The NDR is just one of several initiatives we’re rolling out here in Q1 to ramp up our non-deal investor outreach this year. Our management team will also be participating in additional roadshows, investor conferences, and conference calls with investors and analysts.”

If interested in scheduling a meeting, please email IR@DropCar.com or call (646) 916-4595. A company overview deck can be downloaded at https://investors.drop.car/.

About DropCar

DropCar’s mission is to power the next generation of mobility by bringing automotive based products and services to everyone’s front door. DropCar’s core Mobility Cloud platform and driver network helps fleet owners, dealers, OEMs, retailers, and shared mobility companies manage their last mile logistics and launch new consumer services. DropCar’s consumer mobile app (on IOS & Android) helps busy urbanites reduce the overhead of owning a car in the city while unlocking its full potential, at the tap of a button.

Learn more at https://drop.car/.

Forward-Looking Statements

This press release contains “forward-looking statements” that involve substantial risks and uncertainties for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this press release regarding strategy, future operations, future financial position, future revenue, projected expenses, prospects, plans and objectives of management are forward-looking statements. Such statements are based on management’s current expectations and involve risks and uncertainties. Actual results and performance could differ materially from those projected in the forward-looking statements as a result of many factors, including, without limitation, the ability to project future cash utilization and reserves needed for contingent future liabilities and business operations, the availability of sufficient resources of the company to meet its business objectives and operational requirements and the impact of competitive products and services and technological changes. The foregoing review of important factors that could cause actual events to differ from expectations should not be construed as exhaustive and should be read in conjunction with statements that are included herein and elsewhere, including the risk factors under the heading “Risk Factors” in DropCar’s filings with the Securities and Exchange Commission. Except as required by applicable law, DropCar undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

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