INVESTOR INFORMATION

ShiftPixy Retains KCSA Strategic Communications as its Public and Investor Relations Agency of Record

August 7, 2017

IRVINE, Calif., Aug. 07, 2017 (GLOBE NEWSWIRE) -- ShiftPixy, Inc., (PIXY) (“ShiftPixy” or “the Company”) announced today that it has retained KCSA Strategic Communications, a leading New York-based communications firm, to support the Company's public relations and investor relations programs.

KCSA will deploy a comprehensive communications program aimed at increasing awareness of ShiftPixy among the investment community and targeted media. Since KCSA's inception more than 40 years ago, the firm has developed a strong reputation for its work representing public companies. Jeffrey Goldberger, Managing Partner of KCSA, will spearhead KCSA's efforts and provide strategic counsel on public and investor relations matters.

Scott Absher, ShiftPixy Co-Founder and Chief Executive Officer, stated, “We are confident that KCSA will be a valuable partner in our efforts to generate broader awareness and understanding of the gig economy, while establishing ShiftPixy as the premier platform for companies to effectively source and manage shift employees. In addition, KCSA shares ShiftPixy’s commitment to keeping investors and our other stakeholders engaged and apprised of business developments, via clear and timely communication of strategy, objectives and milestones."

"Prior to the successful completion of the ShiftPixy Reg A+ capital raise, the equity crowd funding space had been relatively disappointing.  What Scott and his team did fundamentally changes the conversation about how to raise capital from the ‘crowd’.  Together, ShiftPixy and KCSA will communicate this story to the capital markets, to potential ShiftPixy clients and, more broadly to the entire cohort of companies looking to follow in their path,” said Jeffrey Goldberger, Managing Partner of KCSA Strategic Communications. “We believe ShiftPixy offers a compelling opportunity to invest in a disruptive technology that allows employers to better harness the benefits of the gig economy, and safely operate within current labor regulations. We believe ShiftPixy’s value proposition, robust technology and forward-thinking executive team uniquely positions the Company to disrupt the $142 billion-dollar staffing industry."

About ShiftPixy
ShiftPixy is a disruptive human capital management (HCM) services provider, revolutionizing employment in the gig economy by delivering a next-gen platform for workforce management that helps shift-based employers navigate regulatory mandates, minimize administrative burdens, and connects them with a ready-for-hire workforce. With expertise rooted in management’s nearly 25 years of workers’ compensation and compliance programs, ShiftPixy adds a needed layer for addressing compliance and continued demands for equitable employment practices in the growing Gig Economy. ShiftPixy’s complete HCM ecosystem manages regulatory requirements and compliance in such required areas as paid time off (PTO) laws, insurance and workers’ compensation, minimum wage increases, and the Affordable Care Act (ACA) compliance.

About KCSA Strategic Communications
KCSA is a fully integrated communications agency specializing in investor and public relations with expertise in financial and professional services, technology, healthcare, media and energy companies. Since 1969, the firm has demonstrated strategic thinking and program execution that drives results for its clients in the ever-changing communications and digital landscape. The firm's clients are its best references. For additional information, please visit www.kcsa.com.

ShiftPixy Safe Harbor Statement:

Our website and other items we publish, including through social media outlets, may contain forward-looking statements, the achievement or success of which involves risks, uncertainties, and assumptions. Although such forward-looking statements are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change, except as required by applicable securities laws. If any of the aforesaid risks or uncertainties materialize or if any of the assumptions proves incorrect, the results of ShiftPixy, Inc., could differ materially from the results expressed or implied by the forward-looking statements we make.  The risks and uncertainties include, but are not limited to, risks associated with the nature of our business model; our ability to execute the Company’s vision and growth strategy; our ability to attract and retain clients; our ability to assess and manage risks; changes in the law that affect our business and our ability to respond to such changes and incorporate them into our business model, as necessary; our ability to insure against and otherwise effectively manage risks that affect our business; competition; reliance on third-party systems and software; our ability to protect and maintain our intellectual property; and general developments in the economy, financial markets, and credit markets.  Further information on these and other factors that could affect the financial results of ShiftPixy, Inc., is included in the filings on Forms 1-A and 10-Q and in other filings we make with the Securities and Exchange Commission from time to time. These documents are available on the “SEC Filings” subsection of the “Investor Information” section of our website at https://ir.shiftpixy.com/financial-information/sec-filings.