InvestorNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Achieves Record Sales Growth in Q1 2021

April 7, 2021 08:47:53

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), an innovative automotive fintech leader providing digital and virtual platform solutions, today announced record gross sales in March 2021 of C$11.5 million, a 44% increase over gross sales in the previous month. The company also announced year-to-date 2021 gross sales of C$26.3million, which already exceed, by 21%, entire 2020 annual gross sales of C$21.7million. “We have reported the best sales growth in our history in the first quarter of 2021,” said CEO Kelly Jennings. “It is apparent that more drivers and automotive dealers are learning about — and using — DRIVRZ(TM), our virtual marketplace that allows you to buy, lease, sell, auction, finance and insure a vehicle from any location. We make automotive retail as easy as using Amazon, and people appreciate that.”

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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 platform facilitates transactions amongst consumers, dealers, funders and manufacturers (“OEMs”). It enables them to buy, sell, trade, finance, and lease new and used, electric- and non-electric vehicles, on smart phones or any other online digital devices, from any location. PowerBand’s transaction platform – DRIVRZ(TM) – will be 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://ibn.fm/PWWBF

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