NetworkNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Offers Alternative to Physical Auctions via Online Platform

May 1, 2020 11:59:59

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) recently partnered with Arkansas-based financier Bryan Hunt, director of J.B Hunt Transport, to launch the D2D Auto Auctions platform. The platform includes the Driveaway app, which can be used on a smartphone or home computer. An article discussing the company reads, “More than 1,300 dealers were registered on the D2D platform at the time of launch. This number is expected to increase as D2D’s sales team targets additional dealerships and commercial customers, including leasing, rental and fleet companies, across the Southern United States. D2D customers are able to access the online auction platform on their computers at www.D2DAA.com or on their mobile devices by downloading the Driveaway app, which is available on either iOS or Android. . . . The D2D Auto Auctions partnership with Hunt has positioned PowerBand Solutions as a significant player in the fast-growing North American, online, vehicle-auction market. The company also owns an Exporter License, allowing it to actively participate in the $10 billion, cross-border, used-vehicle market. Its leading-edge, used-vehicle, online remarketing auction platform incorporates inventory management, the latest auction technologies in the industry, appraisal processes and market intelligence.”

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About PowerBand Solutions Inc.

PowerBand Solutions, listed on the TSX Venture Exchange and the OTCQB markets, is a fintech provider disrupting the automotive industry. PowerBand’s integrated, cloud-based transaction platform facilitates transactions among consumers, dealers, funders and manufacturers (“OEMs”). The platform enables individuals and organizations to buy, sell, trade, finance, and lease new and used, electric and nonelectric vehicles, on smartphones or any other online digital devices from any location. PowerBand’s transaction platform — being trademarked under DRIVRZ — is available across North American and global markets. For more information, visit www.PowerBandSolutions.com.

NOTE TO INVESTORS: The latest news and updates relating to PWWBF are available in the company’s newsroom at http://nnw.fm/PWWBF

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