MIAMI, FL, May 01, 2023 (GLOBE NEWSWIRE) -- EzFill Holdings, Inc. (“EzFill” or the “Company”) (NASDAQ: EZFL), an emerging leader in the mobile fuel industry, reported that it has seen an over 200% surge in downloads and new users of its mobile fueling application arising from the recent fuel shortages across parts of South Florida after days of historic rainfall in Miami-Dade and Broward County impacted fuel distribution. EzFill services individual customers directly at their residences or places of work. Customers can download an easy-to-use app and schedule fuel delivery.
The recent surge in downloads and users has resulted in a significant up-tick in nightly residential orders, continuing through the entire week. The Company has been working overtime to ensure that the new downloads are converted into regular users.
“The recent fuel shortages have raised awareness among consumers of not only the convenience of mobile fueling, but its importance amid supply or distribution disruptions.” said Yehuda Levy, Interim CEO and one of the company’s co-founders. “Both consumers and fleet operators have been searching for fueling alternatives, which has led to a recent unprecedented surge in downloads of our app. In the past two weeks, we have experienced a record number of new user downloads that continue to be converted into new fueling accounts. Our new updated technology has allowed us to service these new users quickly, and we are encouraged by EzFill’s rising visibility across our markets. Consumers are recognizing that mobile fuel delivery is the wave of the future, and that going to a gas station to fill up will become obsolete.”
About EzFill
EzFill is a leader in the fast-growing mobile fuel industry, with the largest market share in its home state of Florida. Its mission is to disrupt the gas station fueling model by providing consumers and businesses with the convenience, safety, and touch-free benefits of on-demand fueling services brought directly to their locations. For commercial and specialty customers, at-site delivery during downtimes enables operators to begin their daily operations with fully fueled vehicles. For more information, visit www.ezfl.com.
With the number of gas stations in the U.S. continuing to decline, corporate giants such as Shell, Exxon, GM, Bridgestone, Enterprise, and Mitsubishi have recognized the increasing shift in consumer behavior and are investing in the fast growing on-demand mobile fueling industry. As the only company to provide fuel delivery in three vertical segments - consumer, commercial, and specialty including marine, we believe EzFill is well positioned to capitalize on the growing demand for convenient and cost-efficient mobile fueling options.
Forward Looking Statements
This press release contains “forward-looking statements” Forward-looking statements reflect our current view about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan,” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements, include, but are not limited to, statements contained in this press release relating to our business strategy, our future operating results and liquidity and capital resources outlook. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward–looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation, our ability to raise capital to fund continuing operations; our ability to protect our intellectual property rights; the impact of any infringement actions or other litigation brought against us; competition from other providers and products; our ability to develop and commercialize products and services; changes in government regulation; our ability to complete capital raising transactions; and other factors relating to our industry, our operations and results of operations. Actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned.
Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We cannot guarantee future results, levels of activity, performance or achievements. The Company assumes no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
Investor and Media Contact:
Tradigital Investor Relations
John McNamara
john@tradigitalir.com
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