FlitWays (FTWS) Expands Access to Global Travelers with Karhoo Partnership



New relationship increases the number of travelers able to book ground transportation with FlitWays around the world

CULVER CITY, CA, Feb. 15, 2018 (GLOBE NEWSWIRE) -- FlitWays Technology Inc. (OTC Pink: FTWS), a leading ground travel technology company, today announced a partnership with ground transportation marketplace Karhoo under which FlitWays will be integrated onto the Karhoo application as a major supplier.  As a result, FlitWays’ content and inventory will be available for booking through the Karhoo platform.

Karhoo, which is backed by RCI Bank and Services (Renault Nissan Alliance), brings together licensed taxi, private hire vehicle fleets, and licensed transport network companies from around the world, giving greater choice to travelers everywhere.  This partnership is another in an expanding list of FlitWays relationships which are expanding the availability of FlitWays’ ground travel solutions to travelers and increasing the company’s revenue potential. 

“As a global ground transportation provider, we are constantly exploring new ways to make it easier for travelers to find and use FlitWays service,” commented Director of Growth Zacky Hamraz.  “We are continuing our expansion plans by leveraging our global driver supply network and innovative platform.  This partnership will expose FlitWays to new segments of travelers.  We are thrilled at the opportunity to extend our service to Karhoo travelers around the world and allow them to book a preferred FlitWays ride.”

Karhoo’s Global Head of Supply Niels Kaae said: “Karhoo is connecting the world's fleets and the world’s travelers on one transparent marketplace.  This partnership with FlitWays adds a significant coverage to our footprint in North America with a focus on service, quality and very competitively priced ground transport.  We are very excited about the partnership with FlitWays and are looking forward to working closely together.”

For more information on FlitWays, please visit www.FlitWays.com.  Anyone wishing to subscribe to the company’s Email Alert system is asked to submit their email address to ir@flitways.com.  Email Alert subscribers will 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.  Follow FlitWays Investor Relations on Twitter @FlitWaysFTWS and on Facebook at https://www.facebook.com/FlitWays-FTWS-2056931867925352/.

About Karhoo

Karhoo is backed by RCI Bank and Services (a French Bank specializing in automotive financing and services for Groupe Renault and Nissan Group customers).  Karhoo employs 85 people out of their London, Paris and New York offices.  Karhoo is creating a marketplace to provide the widest range of ground transport choices for travellers.  With Karhoo, ground transportation will be simpler and easier.  The Karhoo platform brings together licensed taxi, private hire vehicle fleets and transport network companies from around the world thereby give greater choice to travellers worldwide.  Users book their Karhoo cars and drivers through demand partnerships in the travel industry.

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.



            

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