CULVER CITY, CA--(Marketwired - Nov 17, 2016) - Flitways Technology Inc. (OTC PINK: FTWS) ("FlitWays" or the "Company"), a Los Angeles-based ground travel technology company, today announced its service launch in Rio De Janeiro and Sao Paulo, Brazil.
FlitWays currently has access to more than 6,000 drivers in Sao Paulo and Rio de Janeiro. FlitWays, which has its HQ in Los Angeles, California, expects to have thousands of licensed cabs in a hundred new cities within the next year.
To celebrate the service launch in Rio de Janeiro and Sao Paulo, FlitWays is currently offering business travelers $10 off their first rides. FlitWays aims to give all corporate travelers in this new market the best possible access to more local drivers, minivans, and executive cars that fit their business travel lifestyle.
South America is one of the fastest growing destinations in the world for business and leisure travelers. This launch is a part of the Company's strategic international expansion plan in emerging travel markets.
FlitWays Director of Growth, Zacky Hamraz, commented, "FlitWays provides ideal ground transportation management to businesses to help them make the most of their ground travel dollars. With our latest service launch in Rio and Sao Paulo, travelers to these two huge markets will have the ability to tap into our huge network of drivers to conveniently and safely get them to their final local destinations."
The Company anticipates launching in several additional South American cities over the next few weeks.
About FlitWays Technology Inc.
FlitWays, a Los Angeles-based travel technology company, offers Pre-Booked and On-Demand ground transportation in 170 cities around the world -- including rideshares, taxis, black cars, and airport shuttles. Currently servicing over 400 airports with a fleet of over 20,000 vehicles, FlitWays is there to handle all travel ride needs. FlitWays provides security and peace of mind for both business and private travelers with secure booking and all-inclusive rates.
For additional information regarding FlitWays, visit www.FlitWays.com.
Additional information regarding FlitWays Technology, Inc. can also be found in the Company's most recent filings with SEC at www.sec.gov and further Company press releases.
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.