PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) today announced that Comprehensive Auto Resources Company, Inc. (“CARco”), one of the United States’ leading administrators of automobile protection products, will be promoting PowerBand’s virtual transaction platform to auto dealers across the United States. Per the update, CARco is joining with Texas-based D&P Holdings, Inc. (“D&P”), which has partnered with PowerBand to offer consumers a wide range of vehicle protection products and warranties on the PowerBand virtual transaction platform. “We believe PowerBand is offering a ground-breaking way for consumers and dealers to buy, sell, lease and trade vehicles,” CARco president and CEO Charlie Caronia stated in the news release. “Obtaining vehicle protection products through PowerBand’s cloud-based platform is also an important innovation, particularly during this pandemic, and I believe both dealers and insurance agents will see this as a powerful, consumer-friendly tool.”
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About PowerBand Solutions Inc.
PowerBand Solutions Inc., 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 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 – being trademarked under DRIVRZ – is being made available across North American and global markets. For more information, visit www.PowerBandSolutions.com.
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