IRVINE CA, / ACCESSWIRE / August 21, 2020 / RidePair, Inc., a mobile app technology developer focusing on climate change announces it is developing a transportation app that will aim to reduce carbon emissions from 2 million cars initially. The app, PAIR, will focus on carpooling and use of its proprietary artificial intelligence system to accomplish this goal.
RidePair's development focus is to encourage a true ride sharing platform, while keeping our focus on what is important for the community and environment. Our model does not emphasize a primary/secondary income stream that only creates a much larger problem. Our objective is to incentivize people (riders and drivers) to help reduce the number of cars on the road, alleviating traffic congestion and removing massive amounts of carbon emissions from the environment.
"Traditional ride-share apps have proven to be a failure with a business model that increases traffic congestion, is detrimental to the health of the environment, and has no path to profitability. In learning from their mistakes, we now have a better business model and platform with a clear path to profitability in PAIR. RidePair will accomplish this because we inspire our users to be the solution to these problems that plague all of us. As a community we feel a deep responsibility to do our part in the new Post Covid world economy, we can no longer deny the fact that a reduction in vehicle emissions has resulted in a cleaner more desirable world that will ultimately bring about a much brighter future globally.
PAIR, our proprietary artificial intelligence system, has been developed to match riders based on individual needs, likes, and trends. The ultimate result will be a system that will cause each of us to rethink our lives. We will ask ourselves, even for small errands, do I really need to drive myself, or can I ride with someone. We aim to help accomplish the Sustainable Development Goal (SDG) 17 of the UN by improving Life on Land. With a starting point of 2 million cars reducing their use on a daily basis, this can be accomplished, and is our mandate here at RidePair, Inc.," stated Chief Executive Officer Matt Nicosia.
About RidePair, Inc.
RidePair, Inc., is a mobile app developer focusing on carpooling of the future to combat traffic congestion and climate change. RidePair's corporate mission is to develop and commercialize software technology that combines Artificial Intelligence technology and predictive behavior learning to combat climate change and do so profitably.
For more information, please visit our website: http://ridepair.io
Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including economic slowdown affecting companies, our ability to successfully develop products, rapid change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in RidePair's filings with the Securities and Exchange Commission, which factors may be incorporated herein by reference. Forward-looking statements may be identified but not limited by the use of the words "anticipates," "expects," "intends," "plans," "should," "could," "would," "may," "will," "believes," "estimates," "potential," or "continue" and variations or similar expressions. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.
Investors Contact:
Deborah Lin
deborah@ridepair.io
SOURCE: RidePair, Inc.
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