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FlitWays Bolsters Transparency with Expanded Shareholder Engagement Program and Investor Conference Call

In addition to first-ever conference call to update investors and answer questions, FlitWays is launching new Email Alert system for more direct communication with shareholders

CULVER CITY, CA, Jan. 04, 2018 (GLOBE NEWSWIRE) -- FlitWays Technology Inc. (OTC Pink: FTWS), a leading ground travel technology company, today announced an expanded shareholder engagement program designed to foster more effective, direct communication with stockholders and even greater transparency.  As part of the effort, FlitWays is asking all shareholders to submit an email address to ir@flitways.com, so they can be added to the company’s Email Alert system.  Subscribers will receive notices of filings with the Securities and Exchange Commission, press releases after they cross the newswire, periodic newsletters, and other information about FlitWays’ business that management believes will be of interest to holders of the company’s stock.

Consistent with increased transparency, FlitWays will host a live investor update conference call at 2:00pm PST on January 23, 2018.  CEO Tobi Mac will make a presentation with slides updating the company’s progress and plans for 2018.  After the completion of the prepared remarks, he will take questions from participants via an online submission forum.  Additional details will be provided as the date of the conference call approaches.

The Email Alerts sign-up and the investor conference call are being done in tandem with an expanded Investor Relations section of the FlitWays website.  The IR section will also include links to SEC filings, updated stock quote and market data, access to company news and media coverage, and Investor Relations contact information.   

“Given the significant revenue growth FlitWays has experienced over the last two quarters and the fact that management expects 2018 to be an even more successful year, we want to make sure that all of our shareholders have the opportunity to access the most up-to-date and complete information about the company,” said Tobi Mac.  “As a fully reporting company, transparency will remain among our highest priorities.  Management also believes in engaging directly with our stockholders through email, SMS, social media, and other available communication channels, whenever possible.  We want to speak directly to our shareholders and provide opportunities for them to ask questions about our current business and plans for future growth.

“We hope all FTWS investors share our enthusiasm about the company’s future and will provide an email address to be included in the FlitWays mailing list.  Our goal is to include every shareholder as well as any potential future shareholders who are following our growth as a public company.”

The company also plans to hold an annual shareholder meeting in the near future, which will provide another opportunity for stockholders to hear directly from the company, as well as ask any questions they may have.    

About FlitWays:

FlitWays Technology Inc. (www.FlitWays.com), traded under the stock symbol FTWS, is an innovative, disruptive travel technology company that offers a convenient, cost-effective ground transportation solution for corporate travelers and a new source of revenue for travel businesses.   While companies like Uber and Lyft focus on individual consumers, FlitWays serves the massive enterprise market, including industry leaders Amazon, Samsung, Xerox, and others.  The company also provides travel businesses – including the world’s largest airlines, online travel agents and travel distributors – a new source of revenue and an attractive add-on service for their clients.  FlitWays’ growing network of ground travel providers currently covers 220 major cities and 400 airports worldwide, and the company is projecting continued expansion in both enterprise (corporate) and travel business segments.  Catching the eye of business and travel industry media, FlitWays has been featured in outlets such as CNN, FORTUNE, Fast Company, Reuters, New York Magazine, Skift, VentureBurn, Digital Journal, Travel Pulse, and many others.

Cautionary Statement Regarding Forward-Looking Information: This press release may contain certain "forward-looking statements" relating to the business of FlitWays Technology Inc. All statements, other than statements of historical fact included herein are "forward-looking statements," including, but not limited to; the proposed corporate name change; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.