PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) this morning issued an update regarding the company’s plans for 2020. Among other highlights, the company reported that it plans to expand the reach of its cloud-based transaction platform to thousands of North American dealerships in 2020. During the first quarter, the company intends to launch its consumer app in southern Ontario, followed by a later introduction into the southeastern U.S. region, including Texas. PowerBand will also employ a strategic marketing campaign for its cloud-based transaction system as a one-stop option for consumers and dealers to use on smartphones, tablets and desktops. “For over seven years, PowerBand has been laying the foundation to disrupt and transform the antiquated method of buying and leasing cars in the trillion-dollar global automotive industry,” PowerBand CEO Kelly Jennings stated in the news release. “In 2020 we are now truly entering our next phase of commercializing this revolutionary consumer and dealer-friendly platform. We intend to make it as easy to buy or lease a car or truck as it is to order an Uber on your smart phone or buy a product through Amazon.”
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About PowerBand Solutions Inc.
PowerBand Solutions is a technology provider listed on the TSX Venture Exchange. The company’s cloud-based platform is revolutionizing the buying, selling, leasing and auction of vehicles. With the receipt of its exporter license and its acquisition of MUSA Auto Finance, PowerBand 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 United States and Canada. For more information, visit the company’s website at www.PowerBandSolutions.com.
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