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HyreCar Appoints Automotive Technology Leader Jay Vijayan to Board of Directors

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Current CEO of Tekion and Former CIO of Tesla, Inc. Appointed to
HyreCar Board of Directors

LOS ANGELES–(BUSINESS WIRE)–HyreCar Inc. (NASDAQ: HYRE) (the “Company”), the carsharing marketplace
for ridesharing, today announced that it has appointed Jay Vijayan to
the Board of Directors, effective April 25, 2019.

Jay Vijayan brings over two decades of technology platform, product
development and leadership experience to the HyreCar Board of Directors.
He is currently the Founder & CEO of Tekion
Corp.
, a Silicon Valley startup that is disrupting and transforming
the business applications and automotive retail experience. Prior to
founding Tekion, Jay was the Chief Information Officer of Tesla,
Inc.
, for over 4 years from 2012 to 2016, where he and his team
ground-up built and scaled Tesla’s digital and information platform and
systems, fueling the company’s hyper-growth phase. Prior to joining
Tesla, Jay led the Business Applications Development group for VMware
Inc.
during its significant accelerated growth phase when VMware
scaled revenues from approximately $700 million in 2007 to nearly $4
billion in 2012. Prior to VMware, Jay led product development teams at
Oracle for over 7 years. Jay is known for building simple and highly
scalable technology platforms and solutions that transform, scale
businesses and enable operational efficiency. Jay also serves on the
board of NIC Inc. (NASDAQ: EGOV).

“I understand the need and potential for a robust rideshare marketplace
that brings significant value for all stakeholders of this ecosystem.
After meeting with the HyreCar team, I quickly realized HyreCar’s
tremendous and unique value proposition for this need and the team’s
potential to deliver. I am thrilled for the opportunity to help guide
the company on its journey,” said Jay Vijayan.

“I’m looking forward to working with Jay and the rest of our Board of
Directors,” said Joe Furnari, CEO of HyreCar. “Jay is a key addition
that reinforces our strategy with Auto Manufacturers and Auto Dealers;
he also brings extensive experience scaling technology platforms and
bringing the best of the technology world to the automotive industry.
Surrounding HyreCar with experienced individuals has been one of my key
objectives, and leveraging different perspectives on the industry is
what has made us a leader in the space and will continue our trail
blazing into the future.”

About HyreCar

HyreCar Inc. (NASDAQ: HYRE) is a nationwide leader operating a
carsharing marketplace for ridesharing in all 50 States and Washington
D.C. via its proprietary technology platform. The Company has
established a leading presence in Mobility as a Service (MaaS) through
individual vehicle owners, dealers and OEMs, who have been disrupted by
automotive asset sharing. By providing a unique opportunity through its
safe, secure, and reliable marketplace, HyreCar is transforming the
industry by empowering all to profit from Mobility as a Service. For
more information please visit hyrecar.com.

Forward-Looking Statements

Statements in this release concerning HyreCar Inc.’s (“HyreCar” or the
“Company”) future expectations and plans, including, without limitation,
HyreCar’s partnerships and technology solutions, its ability to add and
maintain additional car listings on its platform from car dealers, and
consumer demand for cars to be used for ridesharing, may constitute
forward-looking statements for the purposes of the safe harbor
provisions under the Private Securities Litigation Reform Act of 1995
and other federal securities laws and are subject to substantial risks,
uncertainties and assumptions. You should not place reliance on these
forward-looking statements, which include words such as “could,”
“believe,” “anticipate,” “intend,” “estimate,” “expect,” “may,”
“continue,” “predict,” “potential,” “project” or similar terms,
variations of such terms or the negative of those terms. Although the
Company believes that the expectations reflected in the forward-looking
statements are reasonable, the Company cannot guarantee such outcomes.
HyreCar may not realize its expectations, and its beliefs may not prove
correct. Actual results may differ materially from those indicated by
these forward-looking statements as a result of various important
factors, including, without limitation, market conditions and the
factors described in the section entitled “Risk Factors” in HyreCar’s
most recent Annual Report on Form 10-K and HyreCar’s other filings made
with the U. S. Securities and Exchange Commission. All such statements
speak only as of the date made. Consequently, forward-looking statements
should be regarded solely as HyreCar’s current plans, estimates, and
beliefs. Investors should not place undue reliance on forward-looking
statements. HyreCar cannot guarantee future results, events, levels of
activity, performance or achievements. HyreCar does not undertake and
specifically declines any obligation to update, republish, or revise any
forward-looking statements to reflect new information, future events or
circumstances or to reflect the occurrences of unanticipated events,
except as may be required by applicable law.

Contacts

Media Relations:
Ronjini Joshua
The Silver Telegram
HyreCar@thesilvertelegram.com

Investor Relations:
Ted Haberfield
President, MZ Group
– MZ North America
HYRE@mzgroup.us

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