Helbiz partners with Fantasmo to integrate innovative parking technology for electric scooters | Business

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NEW YORK – (BUSINESS WIRE) – October 20, 2021–

Helbiz inc. (NASDAQ: HLBZ), a global leader in micro-mobility and the first in its industry to be listed on Nasdaq, today announced a partnership with Fantasy, a next-generation mapping company, to integrate its hyper-precise parking technology into Helbiz’s e-scooter app. The integration will first roll out to the company’s fleet in Miami, Florida, with plans to expand into other markets as the partnership progresses.

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Helbiz partners with Fantasmo to integrate innovative parking technology for electric scooters (Photo: Business Wire)

Fantasmo’s Camera Positioning Standard (CPS) technology can detect the exact location of electric scooters and validate parking within a radius of 20cm or less with a single phone camera, providing a safer experience for cyclists, pedestrians and others. towns. To unlock and park each electric scooter, riders will scan the QR code and surrounding area with their phone’s camera, which informs Helbiz of the exact location of the device and whether or not it is parked in areas. approved by the city. Unlike GPS technology, CPS does not require any infrastructure like satellites, beacons, or radios, but instead uses a data connection and cameras to capture precise mapping and the position of each device.

“We are committed to educating our drivers with proper safety and parking measures for electric scooters and this partnership with Fantasmo takes that commitment even further,” said Vivian Myrtetus, Head of Partnerships and Policy at Helbiz. “With the integration of Fantasmo’s CPS technology, we can provide riders with the technology necessary to use our electric scooters in a safe and responsible manner. “

“We are delighted to be working with Helbiz to deploy our CPS technology to provide a safer electric scooter program by reducing sidewalk clutter and ensuring a tidier sidewalk for all stakeholders,” added Jameson Detweiler, co-founder of Fantasmo. “After spending a lot of time in Miami, it’s clear that the City of Miami and the Miami Parking Authority (MPA) are committed to providing the safest micro-mobility program. Fantasmo is proud to work alongside Helbiz in the city of Miami. “

About Helbiz

Helbiz is a world leader in micro-mobility services. Launched in 2015 and headquartered in New York City, the company offers a diverse fleet of vehicles, including electric scooters, e-bikes and electric mopeds, all on a convenient and user-friendly platform in 35 cities around the world. Helbiz uses personalized and proprietary fleet management technology, artificial intelligence and environmental mapping to optimize operations and business sustainability. Helbiz is expanding its urban lifestyle products and services to include live streaming services, food delivery, financial services and more, all accessible in its mobile app.

About Fantasmo

Fantasmo replaces GPS with cameras to improve the ability of machines to understand the world around them. GPS deteriorates greatly in urban areas and is almost non-existent indoors. Fantasmo’s solution is ten times more accurate than GPS with the ability to work outdoors and indoors, with no infrastructure or connectivity required. Fantasmo solves the challenges of a range of applications, including shared micro-mobility, last mile logistics, navigation for the visually impaired and many more. The US-based company (also present in Germany) is backed by investors such as Unlock Venture Partners, Freestyle Capital, TenOneTen Ventures and LDV capital, among others. For more information on Fantasmo, please visit www.fantasmo.io.

Forward-looking statements

Certain statements made in this press release are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate”, “Believe”, “expect”, “estimate”, “plan”, “prospect” and “project” and other similar expressions which predict or indicate future events or trends or which are not statements of historical subjects. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. Therefore, caution should be exercised in relying on forward-looking statements. Due to known and unknown risks, actual results may differ materially from the Company’s expectations or projections. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: (i) failure to meet projected development and production objectives; (ii) changes in applicable laws or regulations; (iii) the effect of the COVID-19 pandemic on the Company and its current or anticipated markets; and (iv) the other risks and uncertainties described herein, as well as the risks and uncertainties discussed from time to time in other reports and other public documents filed with the Securities and Exchange Commission (the “SEC”) by the Society. Additional information regarding these and other factors that may affect the Company’s expectations and projections can be found in its periodic filings with the SEC, including its annual report on Form 10-K for the fiscal year ended December 31, 2020 and amended on May 21. 2021, Form 10-Q filed August 23, 2021, and the prospectus filed September 30, 2021. Documents filed by the company with the SEC are publicly available on the SEC’s website at www.sec.gov. Any forward-looking statement we make in this press release is based solely on information currently available to Helbiz and speaks only as of the date on which it is made. Helbiz does not undertake to publicly update any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise, except as required by law. .

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CONTACT: Helbiz

For media inquiries, contact:https://www.helbiz.com/pressroom

Global Communications Manager: +1 (917) 675-7157

Davide D’Amico – email: [email protected]

PR and Communication Manager:

Chiara Garbuglia – email: [email protected]

United States

Change agent

Marcy Simon – Phone: +1 (917) 833-3392 – e-mail: [email protected]

For investor inquiries:

The Blueshirt group

Gary Dvorchak, CFA – Phone: +1 (323) 240-5796 – e-mail: [email protected]

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: OTHER VEHICLES / FUEL OTHER MOBILE / WIRELESS TRANSPORT TECHNOLOGY AUTOMOTIVE TRANSPORT AUDIO / VIDEO OTHER TRAVEL TRAVEL FLEET MANAGEMENT

SOURCE: Helbiz inc.

Copyright Business Wire 2021.

PUB: 20/10/2021 08:30 / DISC: 20/10/2021 08:32

http://www.businesswire.com/news/home/20211020005551/en

Copyright Business Wire 2021.


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