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HyreCar Executives Unveil High Growth Opportunities for Dealers Through Ridesharing and Mobility as a Service at Upcoming Automotive Industry Conferences

LOS ANGELES--(BUSINESS WIRE)--

Mike Furnari and John Possumato Discuss The Explosive Growth of Ridesharing Industry Businesses And How The Industry Can Tap Into This New Revenue Stream

HyreCar Inc. (HYRE), the carsharing marketplace for ridesharing, announced that key executives Mike Furnari (Chief Business Development Officer) and John Possumato (DriveItAway/HyreCar Commercial Solutions President), will be speaking about dealer opportunities in ridesharing and Mobility as a Service (MaaS) at upcoming automotive industry conferences.

Possumato will be speaking at MARIADA on October 22nd in Bethlehem, PA about Leveraging the Growth of the Car Sharing & Ride Sharing Industry and Furnari will be presenting on The Impact of Ridesharing And Autonomous Vehicles at The 18th Annual Auto Finance Summit on Wednesday, October 24th in Las Vegas, respectively.

With two of the fastest growing companies in the world, Uber and Lyft, positioned to drive the ridesharing industry to new heights in 2019, HyreCar has created a platform to enable Dealers and Fleet Owners to easily access and maximize opportunities through MaaS for the rapidly rising ridesharing industry.

Consistently creating tools and resources to re-energize the automotive industry, HyreCar’s partnership with the National Independent Automobile Dealers Association (NIADA), along with many of the largest dealer groups in the country, enables the company to roll out their platform to increase dealer revenues and profit opportunities.

HyreCar also recently announced a joint venture with insurance industry executives Dave Haley and Peter Foley to launch InsureTech solutions for the ridesharing industry.

You can learn more about HyreCar and MaaS solutions at these upcoming automotive industry conferences:

MARIADA (Midatlantic Regional Independent Automobile Dealers Association Conference)
Date: Oct. 21-22, 2018
Presentation Time: 10:45 - 11:15 am ET
Location: Sands Casino Resort, Bethlehem, PA
Link: https://midatlanticautodealersunited.org/mariada-convention/

Auto Finance Summit - Innovation Track Six
Date: Wednesday, October 24, 2018
Presentation Time: 4:00 pm PT
Location: The Wynn Hotel, Las Vegas
Link: https://www.autofinancesummit.com/

For more information or to schedule one-on-one meetings at either MARIADA and/or Auto Finance Summit, please contact Megan Alba at Hyrecar@TheSilverTelegram.com.

About HyreCar

HyreCar Inc. (HYRE) is the carsharing marketplace for ridesharing through its proprietary technology platform. The Company is establishing a leading presence in Mobility as a Service (MaaS) through vehicle owners and institutions, such as dealers and OEMs, who have been disrupted by automotive asset sharing. HyreCar currently operates in 34 states and Washington, D.C. providing a unique revenue opportunity for both owners and drivers. By providing a safe, secure, and reliable marketplace, HyreCar is transforming the industry – one driver, one vehicle, one road at a time. 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 partnerships and technology solutions, its ability to add and maintain additional car listings 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 Prospectus, dated June 26, 2018, 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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