AP NEWS

DropCar Expands Hiring Program to Support Surge in B2B Demand

December 21, 2018

NEW YORK--(BUSINESS WIRE)--Dec 21, 2018--DropCar, Inc. (NASDAQ: DCAR), a leading provider of last mile logistics technology solutions, mobility workforce services and cloud based software for both the automotive industry and consumers, announced its expansion of hiring efforts across New York, New Jersey, Los Angeles, San Francisco, Washington DC and Baltimore due to growth in new and existing B2B contracts.

“Whether you’re a driver with a track record for delivering outstanding customer experiences, a data driven operations guru, or just a forward thinking professional interested in helping the largest manufacturers, fleets, retailers and next gen mobility companies take their mobility programs to the next level - we’d love to talk to you,” stated Harrison Frank, Director of HR.

“Growing demand, paired with greater efficiency and growing margins tied to the significant business adjustments we made in Q3 and Q4, has us very excited about 2019. It took us approximately three years to get our technology platform, partners, and clients to a place where we are in a position to potentially power the next service layer of the modern car. Now we’re looking to build on this momentum by inviting those equally passionate about the space to join our mission,” noted DropCar, CEO Spencer Richardson.

Interested parties are encouraged to contact DropCar’s HR team at hr@DropCar.com

About DropCar

Founded and launched in New York City in 2015, DropCar’s mission is to power the next generation of mobility by bringing the automotive industry’s products and services to everyone’s front door. DropCar’s core Mobility Cloud platform, and integrated mobile apps help consumers and automotive-related companies reduce the cost, hassles and inefficiencies of owning a car, or fleet of cars, in urban centers. Dealerships, fleet owners, OEMs and shared mobility companies use DropCar’s last mile logistics platform to reduce costs, streamline logistics and deepen relationships with customers. More information is available 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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181221005086/en/

CONTACT: Investor Relations

Spencer Richardson

ir@DropCar.com

(646) 916-4595

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS INTERNET SOFTWARE TRANSPORT TRAVEL TRANSPORTATION MANUFACTURING LOGISTICS/SUPPLY CHAIN MANAGEMENT AUTOMOTIVE MANUFACTURING AUTOMOTIVE PROFESSIONAL SERVICES HUMAN RESOURCES GENERAL AUTOMOTIVE

SOURCE: DropCar, Inc.

Copyright Business Wire 2018.

PUB: 12/21/2018 07:00 AM/DISC: 12/21/2018 07:00 AM

http://www.businesswire.com/news/home/20181221005086/en

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