PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) today announced that it has commenced the process of trademark registration for the brand DRIVRZ as its top-level wordmark and logo for upcoming leasing and finance operations, as well as current consumer interactions. Trademark protection for DRIVRZ is underway for Canada, the United States and world markets. The company’s Canadian financial arm has also been incorporated under DRIVRZ Financial Inc. in Canada. Per the news release, the company will continue to use PowerBand as its corporate name and keep its current symbols on public markets for investors and regulators. “The DRIVRZ brand makes it clear who we serve – the world’s drivers and those who help them acquire vehicles – while also including visual and sounded elements that are distinctive in the marketplace,” PowerBand CEO Kelly Jennings stated in the news release. “DRIVRZ is for drivers, taking the unnecessary middlemen out of the automotive retail sector, to make buying, selling, trading and leasing a car or truck as easy as ordering a product from Amazon or ordering an Uber on your smart phone. It is the future of automotive retail.”
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About PowerBand Solutions Inc.
PowerBand Solutions Inc. is a technology provider listed on the TSX Venture Exchange. The company’s cloud-based platform is revolutionizing the buying, selling, leasing, and auctioning of vehicles. With the receipt of its exporter license and its acquisition of MUSA Holdings, LLC, the company is well positioned to become a leader in the cross-border used vehicle export market, the used vehicle auction market, and the vehicle leasing market in the U.S. and Canada. For more information, visit the company’s website at www.PowerBandSolutions.com.
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