NetworkNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Adds National Car Retailer to Virtual Auction Platform

August 25, 2020 10:21:55

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) has announced that its partner, D2D Auto Auction LLC (“D2D”), has finalized an agreement with a leading used-car dealership to list its cars on D2D’s virtual auction platform. The retailer, which operates more than 140 car dealerships in 12 states, is one of the largest used-vehicle sellers in the country, purchasing an estimated 48,000 cars a year. DRD plans to list as many of those vehicles as possible on its virtual auction platform. “This is a major endorsement of our virtual auction solution, which is making it easier for dealers and consumers to buy and sell used cars from wherever they are,” said PowerBand CEO Kelly Jennings in the press release. “We are taking out unnecessary middlemen and fees with our virtual auctions, eliminating the cost of transporting vehicles to physical auctions. D2D only charges a fee when a vehicle is successfully sold.”

To view the full press release, visit

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 auction platform facilitates transactions among consumers, dealers, funders and manufacturers. The platform enables them to buy, sell, trade, finance, and lease new and used, electric- and non-electric vehicles, using smartphones or any other online digital devices, from any location. Trademarked under DRIVRZ, PowerBand’s transaction platform will be available across North American and global markets. For more information, visit

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

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

For more information please visit

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published:

NetworkNewsWire (NNW)
New York, New York
212.418.1217 Office

NetworkNewsWire is part of the InvestorBrandNetwork