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FTWS - Flitways Technology Inc News Story

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Last Trade - 21/04/21

Micro Cap
Market Cap £187k
Enterprise Value £2.97m
Revenue £-407k
Position in Universe th / 6852

FlitWays (FTWS) Seeks to Grow Enterprise Client Base at World's Largest Travel Industry Trade Show

Thu 8th March, 2018 1:45pm
FlitWays (FTWS) Seeks to Grow Enterprise Client Base at World's Largest Travel Industry Trade Show

Appearance at ITB Berlin 2018 expected to grow FlitWays’ ground transportation bookings for corporate clients 

CULVER CITY, CA, March 08, 2018 (GLOBE NEWSWIRE) -- FlitWays Technology, Inc. (OTC Pink: FTWS), a leading ground travel technology company, today announced its attendance at ITB Berlin, billed as the world’s largest travel industry trade show, to further expand FlitWays’ stronghold in the enterprise ground transportation market and grow its enterprise customer base.

Zacky Hamraz, FlitWays’ Director of Growth, is representing the company at ITB Berlin and is holding meetings with key industry contacts at and around the show.  ITB Berlin runs from March 7-10, 2018 and features 10,000 exhibiting companies from 186 countries and regions, other industry participants, and many thousand members of the public in an area covering 160,000 square meters at the Messe Berlin fairgrounds.  For more information on ITB Berlin, please visit  https://www.itb-berlin.de/en/.

FlitWays’ advantageous position in the travel industry is evidenced by a recent PYMNTS article, in which FlitWays CEO Tobi Mac commented about how the company is curating the fragmented ground travel market in order to meet the various needs of business travelers while giving them more of a business-like experience.  The article highlights that with over $1 trillion spent on business travel in 2016 alone, the opportunity for enhanced spend management on ground transit is vast.  The full PYMNTS article can be found at https://www.pymnts.com/news/b2b-payments/2018/flitways-business-travel-expense/.

From ITB Berlin, Mr. Hamraz commented, “We attend events like this to demonstrate our industry reach and promote our brand to hundreds of potential businesses that are seeking to grow their enterprise service with a corporate-focused ground transportation service from FlitWays.”

For more information on FlitWays, please visit the company’s corporate website at www.FlitWays.com and its Investor Relations page at https://flitways.com/ir.  Investors wishing to subscribe to the company’s Investor Alert system are asked to fill in the appropriate fields at the bottom of the Investor Relations page to receive notices of S.E.C. filings, 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.

The company also encourages shareholders to follow the company’s social media pages: Twitter: https://twitter.com/FlitWaysFTWS,

Facebook: https://www.facebook.com/flitwaysftws,

and Instagram: https://www.instagram.com/flitways).

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.

FlitWays IR – Media
+18557100915 Ext. 5

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