MySize Inc. Announces Plans Are Underway to Open a Subsidiary in Poland
Airport City, Israel, March 7, 2017— MySize Inc. (the “Company”) (NASDAQ: MYSZ;TASE: MYSZ), developer of proprietary, smartphone measurement applications, announced today that the company, in cooperation with PNO Consultants, has started the planning phase of opening a subsidiary in Poland, which will include an R&D facility. A team in Poland will be hired to develop a new product for an existing market.
MySize also announced today that, through PNO, the Company intends to submit the previously reported grant proposal to the European Union during Q2/2017. PNO is preparing and processing the funding applications. The aforementioned R&D facility will become operational only after a grant has been approved by the Polish government.
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