Shipping Box App Secures First Commercial Contract for BoxSizeID

AIRPORT CITY, Israel, Sept. 6, 2018 /PRNewswire/ -- My Size, Inc. (the "Company" or "My Size") (NASDAQ : MYSZ ) (TASE: MYSZ), the developer and creator of smartphone measurement applications, announced today it has entered into agreement with Katz Corporation ("Katz"), one of the largest package delivery companies in Israel, to provide its BoxSizeID™ mobile measurement technology for improved operational efficiency and to reduce operating expenses.  The commercial contract follows a successful seven-month pilot program that resulted in an estimated $1 million annualized incremental revenue to the customer, a result of BoxSIzeID's ability to optimize packaging sizes used to ship Katz's packages throughout the world.

The success of the pilot program, which we estimated to increase our annual revenue by approximately $1 million, showcased the power of the technology and why we needed to integrate it throughout our Company,” Dror Katz, CEO, Katz Corporation.
The success of the pilot program, which we estimated to increase our annual revenue by approximately $1 million, showcased the power of the technology and why we needed to integrate it throughout our Company,” Dror Katz, CEO, Katz Corporation.

Katz will install BoxSizeID on to its mobile devices for use by its more than 550 employees in seven centers across Israel, measuring more than five million packages annually.  click to read more...

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