Fr8App Achieves Prestigious ISO 9001:2015 Certification

HOUSTON, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. ("Fr8Tech" or the "Company") (NASDAQ:FRGT), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, is proud to announce it has earned ISO 9001:2015 certification for both Mexico and the United States under the following scope: Logistics Services and Transportation of Goods in Mexico, United States of America and Canada, effective immediately.

This internationally recognized certification underscores Fr8App's successful implementation of a Quality Management System (QMS) designed to ensure consistent service excellence and continuous improvement. Achieving ISO 9001:20015 across two countries reflects the Company's commitment to delivering efficient, reliable and innovative logistics solutions.

What is ISO 9001:2015?

ISO 9001:2015 is a globally recognized standard for quality management systems. It provides organizations with a framework to enhance operational efficiency, meet customer expectations, and drive continuous improvement. By adhering to ISO 9001 standards, companies demonstrate their commitment to quality processes, customer satisfaction, and sustained business performance. With over one million certifications worldwide, ISO 9001:2015 is the most widely adopted quality management standard.

The ISO 9001:2015 certification process involved a rigorous evaluation of Fr8Tech's quality management system, including comprehensive audits of processes, documentation, and overall operational efficiency.

Javier Selgas, CEO of Fr8Tech, said "This certification is not just about meeting standards; it's a promise to our clients that we will continue to set benchmarks for service excellence and innovation in North America's freight technology marketplace. Fr8App's achievement of ISO 9001:2015 certification aligns with our vision to revolutionize freight logistics through cutting-edge technology and customer-focused solutions. As we continue to expand our services, this certification solidifies our ability to deliver long-term value to our stakeholders, ensuring they can trust us to navigate the complexities of today's dynamic logistics landscape."

About Freight Technologies Inc.

Fr8Tech is a technology company offering a diverse portfolio of proprietary platform solutions powered by AI and machine learning to optimize and automate supply chain processes. Focused on addressing the distinct challenges within the supply chain ecosystem, the Company's portfolio of solutions includes the Fr8App platform for seamless OTR B2B cross-border shipping across the USMCA region; Fr8Now, a specialized service for less-than-truckload (LTL) shipping; Fr8Fleet, a dedicated capacity service for enterprise clients in Mexico; and Waavely, a digital platform for efficient ocean freight booking and management of container shipments between North America and ports worldwide. Together, each product is interconnected within a unified platform to connect carriers and shippers and significantly improve matching and operation efficiency via innovative technologies such as live pricing and real-time tracking, digital freight marketplace, brokerage support, transportation management, fleet management, and committed capacity solutions. The Company is headquartered in Houston, Texas. For more information, please visit fr8technologies.com.

Forward-Looking Statements

This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Fr8Tech's and Fr8App Inc.'s actual results may differ from their expectations, estimates and projections and, consequently, readers should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue" and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements.

These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside Fr8Tech's and Fr8App Inc.'s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the inability to obtain or maintain the listing of Fr8Tech's ordinary shares on Nasdaq; (2) changes in applicable laws or regulations; (3) the possibility that Fr8Tech or Fr8App Inc. may be adversely affected by other economic, business and/or competitive factors; (4) risks relating to the uncertainty of the projected financial information with respect to Fr8App Inc.; (5) risks related to the organic and inorganic growth of Fr8App Inc.'s business and the timing of expected business milestones; and (6) other risks and uncertainties identified, including those under "Risk Factors," to be filed in Fr8Tech other filings with the Securities Exchange Commission.

Fr8Tech cautions that the foregoing list of factors is not exclusive. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Fr8Tech and Fr8App Inc. caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Fr8Tech and Fr8App Inc. do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based.

Fr8Tech Contact:

Jason Finkelstein

IGNITION IR

[email protected]