HyreCar Engages MZ Group to Expand Investor Awareness and Shareholder Communication Program

LOS ANGELES, July 2, 2018 /PRNewswire/ -- HyreCar Inc., (NASDAQ: HYRE), a peer-to-peer ridesharing platform, has engaged MZ Group, a leading capital markets communications firm to lead a comprehensive strategic investor awareness and financial communications program across all key markets.

MZ Group will develop and implement a comprehensive capital markets strategy and program. Duties will include delivering effective messaging, strategic advisory services, and introductions to sell-side analysts, institutional investors and other key stakeholders in the investment community.

HyreCar is a peer-to-peer car sharing marketplace that allows car owners to rent their idle assets to rideshare drivers safely, securely and reliably. The dual-sided marketplace allows vehicle owners the opportunity to earn money on their idle vehicle assets while providing access to pre-approved vehicles to drivers looking to rent cars to drive for companies like Uber and Lyft. The HyreCar platform was created to embolden entrepreneurship by leveraging technology and become the leader in automotive asset sharing.

MZ Group has a distinguished reputation as a premier resource for institutional investors, brokers, analysts, and private investors. The firm has six offices across North America, a strong presence in Asia and Brazil, and maintains extensive relationships with investors throughout Europe. Additionally, MZ Group was recently ranked the No. 1 Latin American and No. 7 world business communication firm.

Ted Haberfield, President of MZ Group North America, commented, "MZ Group welcomes the opportunity to partner with an innovative marketplace leader such as HyreCar. Following a successful IPO, HyreCar is now positioned to leverage its marketplace and facilitate entrepreneurship safely, securely and easily. We look forward to working with HyreCar and its management to communicate the value proposition at this inflection point as management executes on their strategy to deliver shareholder value."

About HyreCar
HyreCar actively operates in 35 states across the United States and is continually expanding into new markets. The peer-to-peer platform was created to embolden entrepreneurship by leveraging technology to become the leader in automotive asset sharing. Drivers and vehicle owners alike can utilize the platform to create an opportunity for themselves where one did not previously exist. By providing a safe, secure, and reliable marketplace, HyreCar helps both parties build roads to financial freedom ? one driver, one vehicle, one road at a time.

About MZ Group

MZ, founded in 1999, combines capital markets intelligence, global investor targeting, IR technology, corporate governance, media and corporate communication and IR consulting, providing comprehensive programs that successfully build and manage shareholder value. With a team of highly experienced senior professionals and an integrated service portfolio, MZ ensures that companies are provided with the right tools and strategies to interact effectively with the investment community and the media, successfully conveying the investment message. MZ's market intelligence, advisory and tactical support activities for investor relations and corporate communications programs are underpinned by a comprehensive IT infrastructure, allowing companies to rapidly achieve global standards of best practices. For more information, please visit www.mzgroup.us.
Web: www.hyrecar.com
Email: [email protected]

Forward Looking Statements

Statements in this release concerning HyreCar's future expectations and plans, including without limitation, HyreCar's expectations regarding the success of its business model, effectiveness of MZ Global's engagement and the acceptance of its business and shareholder communications in the market, 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 "believe," "intend," "may," "potential" 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. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, as well as those risks more fully discussed in the section entitled "Risk Factors" in HyreCar's prospectus, dated June 26, 2018, that was filed with the U.S. Securities and Exchange Commission under File No. 333-225157, as well as discussions of potential risks, uncertainties, and other important factors in HyreCar's subsequent filings with the U.S. Securities and Exchange Commission. All such statements speak only as of the date made, and the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Media Relations:
Ronjini Joshua
[email protected]             

Investor Contact:
Ted Haberfield
President, MZ Group North America
Phone: 760-755-2716
Email: [email protected]
Web: www.mzgroup.us

SOURCE HyreCar Inc.