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The technology solutions are being developed in accordance with the specific specifications provided by the Israel Post. A team from the Israel Post will be selected to work on this project with MySize staff. Although this is a joint cooperation agreement, all IP and new patents developed shall remain the property of the MySize.
Once the solutions are developed, MySize will provide The Israel Post with a 3-month trial period. Subsequent to the trial period, the Israeli Post will have the service operational for another 3 months at no charge. After the end of 6 months, an agreement shall be finalised by both parties on the commercial terms of this new service for a non-exclusive agreement with the Israeli Post.
"The Israel Postal Service has been developing new delivery innovations since 2016 based upon the exponential growth of the international on-line package shipping industry. We hope the addition of TrueSize can lead to additional savings and benefits that The Israel Post can provide their customers," said Ronen Luzon, CEO of MySize. (KD)
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Letter to Editor
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