MySize Inc. Appoints Roy Golan to Board of Directors

Rhea-AI Summary

MySize Inc (NASDAQ: MYSZ), an omnichannel e-commerce platform and AI-driven measurement solutions provider, has announced the appointment of Roy Golan to its Board of Directors. Golan brings over 20 years of financial leadership and corporate finance expertise, with significant experience in IPOs, fundraising, and M&A transactions.

The appointment comes at a strategic time as MySize focuses on accelerating growth and enhancing its market position. The company believes that adding Golan's financial expertise to the Board will strengthen its strategic execution and boost investor confidence. CEO Ronen Luzon emphasized that Golan's experience in corporate finance and strategic transactions aligns with MySize's mission to scale the business and deliver long-term shareholder value.

Positive

• Strategic addition of experienced financial expert to the Board
• Strengthened corporate governance with M&A and IPO expertise
• Enhanced capability for strategic transactions and fundraising

Negative

• None.

AIRPORT CITY, Israel, March 10, 2025 /PRNewswire/ -- MySize, Inc. (NASDAQ: MYSZ) ("MySize" or the "Company"), an omnichannel e-commerce platform and provider of AI-driven measurement solutions, today announced the appointment of Roy Golan to its Board of Directors. Mr. Golan will serve as a Director on the Board, leveraging his extensive experience in initial public offerings (IPOs), fundraising, and mergers and acquisitions (M&As) to support MySize's strategic growth objectives.

Roy Golan brings over two decades of financial leadership and corporate finance expertise to MySize. Throughout his career, he has held senior executive roles where he successfully guided companies through IPO processes, secured significant capital for expansion, and executed strategic M&A transactions. This proven track record of driving growth and value creation will be instrumental as MySize continues to expand its business and explore new opportunities.

Mr. Golan's appointment comes at a pivotal time for MySize, which is focused on accelerating growth and enhancing its market position. The Company believes that adding an experienced financial expert to the Board will not only bolster its strategic execution but also reinforce investor confidence in MySize's direction.

"We are thrilled to welcome Roy to our Board of Directors," said Ronen Luzon, CEO and Founder of MySize, Inc. "Roy's extensive experience in corporate finance and strategic transactions will be invaluable as we execute our growth strategy. His guidance in matters of financial governance and his track record of driving shareholder value align perfectly with our mission to scale the business and deliver long-term value to our investors."

"I am honored to join the Board of MySize at such an exciting time," said Roy Golan. "MySize has a strong vision and innovative technology that position it for growth. I look forward to working with my fellow board members and the management team, leveraging my experience in capital markets and M&As to help the Company achieve its goals and enhance value for shareholders."

About MySize, Inc.

MySize, Inc. (Nasdaq: MYSZ) is an omnichannel e-commerce platform and provider of AI-driven measurement solutions. The Company's proprietary measurement technology, combined with products like MySizeID and the recently acquired Naiz Fit, helps retailers drive revenue growth and reduce costs by improving fit accuracy and reducing returns. MySize also operates Orgad, an online retailer platform with expertise in e-commerce, supply chain management, and technology, functioning as a third-party seller on Amazon and other online marketplaces. In addition, MySize has launched innovative retail tools such as the FirstLook Smart Mirror, a mirror-like touch display that enhances in-store shopping experiences and provides contactless checkout. MySize's technology has broad applications across the apparel, e-commerce, DIY, shipping, and parcel delivery industries. Headquartered in Airport City, Israel, MySize is dedicated to delivering cutting-edge solutions that improve retailers' profitability and shopper satisfaction. For more information, please visit www.mysizeid.com.

Forward-Looking Statements:

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements related to its strategic and business plans, technology, relationships, objectives, and expectations for its business, growth. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

For more information or to schedule a demonstration, please contact:

Or Kles, CFO
Email: ir@mysizeide.com 

Logo: https://mma.prnewswire.com/media/689689/3320229/MySize_Logo.jpg

 

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SOURCE My Size Inc.

FAQ

Who is Roy Golan and what role will he serve at MySize (MYSZ)?

Roy Golan has been appointed as a Director on MySize's Board, bringing over 20 years of financial leadership experience in IPOs, fundraising, and M&A transactions.

How will Roy Golan's appointment impact MySize's (MYSZ) strategic growth?

Golan's expertise in corporate finance and strategic transactions is expected to bolster MySize's strategic execution, growth initiatives, and enhance shareholder value.

What experience does Roy Golan bring to MySize's (MYSZ) Board?

He brings over two decades of financial leadership experience, specifically in IPOs, fundraising, and M&A transactions, having held senior executive roles throughout his career.

What are MySize's (MYSZ) current business objectives following this appointment?

MySize is focused on accelerating growth, enhancing its market position, and executing its growth strategy to deliver long-term value to investors.