PowerBand Solutions (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), an innovative automotive fintech leader providing digital and virtual platform solutions to buy, sell, trade, lease or finance vehicles to consumers, dealers and OEMs, today announced the appointment of Craig Vaughn as president of MUSA Auto Finance (“MUSA”). MUSA is the lending and leasing component of PowerBand’s DRIVRZ(TM) virtual marketplace, where leases can be approved for automotive dealers and drivers in seconds. Vaughn brings senior executive experience leading national and regional variable and fixed operations for public and private organizations, including Asbury Automotive, a Fortune 500 retailer. “We are extremely pleased Craig is leading this key component of the DRIVRZ(TM),” said Kelly Jennings, CEO of PowerBand. “His contributions will maximize our ability to capitalize on many opportunities that the PowerBand organization has in North America and eventually other global markets. He brings an enviable wealth of knowledge and experience in the automotive, consumer, finance and warranty sectors. We are looking forward to his leadership as a key factor in our continued development and success of DRIVRZ(TM) and PowerBand.”
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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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