DrivrzXchange Partners with Acertus To Provide Vehicle Delivery and Pickup Directly to Buyers & Sellers In North America

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VANCOUVER, BC / ACCESSWIRE / May 12, 2021 / Powerband (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) (“PowerBand”, “PBX” or the “Company”) announces that auction division DrivrzXchange has entered into an agreement with North American automotive logistics service company ACERTUS to provide the Facilitate the collection and delivery of all cars bought and sold on DrivrzXchange.

As part of the agreement, ACERTUS will collect vehicles that have been purchased or sold via DrivrzXchange, DRIVRZ’s virtual auction solution, and deliver them directly to the buyer’s destination in the USA. The same service will also be available to car dealers who use DrivrzXchange, a key component of PowerBand’s DRIVRZ suite of solutions.

“ACERTUS is excited to work with the PowerBand team,” said Trent Broberg, ACERTUS chief executive officer. “Not only do we share the same vision of simplifying and streamlining automotive logistics through powerful technology solutions, but we also want to move inventory faster, especially at a time when buyers and sellers need it most.”

Broberg added, “This collaboration builds on several other recent efforts on our digital transformation journey to empower more automotive sellers to deliver a seamless home delivery experience that is timely in light of changing customer needs and expectations at this unprecedented time . ACERTUS-Logistik as a service platform has a unique ability to deliver and redefine the retail experience in the automotive sector. “

DrivrzXchange is a user-friendly, transparent and secure platform that assists consumers in selling or buying a vehicle, either through a short-term auction or through a 14-day listing with a buy-it-now price. DrivrzXchange is currently being piloted in northwest Arkansas. It will be strategically rolled out in the United States in the coming months.

“This is another important addition to DrivrzXchange. Through this partnership, DrivrzXchange can expand in the United States and have locations in all 50 states,” said Darrin Swenson, chief operating officer of PowerBand and D2D Auto Auction LLC (“D2D”). owned by PowerBand and Arkansas-based financier Bryan Hunt, director of JB Hunt Transport, in a fifty-five partnership.

Through this strategic partnership, ACERTUS will act as a fast and reliable transportation solutions provider, connecting DrivrzXchange users with a network of pre-approved, carefully screened carriers representing 20,000 trucks and more than 1,000 departing drivers across North America. ACERTUS offers a full range of automotive logistics services including vehicle transportation, ownership and registration services, storage, care and maintenance of vehicles, compliance and has nearly 25 years of experience in vehicle delivery. The pick-up and delivery service is expected to begin on July 15th.

Jon Lamb, President of PowerBand’s US business and CEO of Drivrz Financial, said, “The ACERTUS motto is ‘relentless drive to deliver,’ which fits right into the DRIVRZ philosophy, the online customer and the car dealer to the first We’ll simplify transactions with the seamless delivery and collection of cars and trucks with Acertus. “

Kelly Jennings, CEO of PowerBand added, “We see first and last mile pickup as an important part of the DRIVRZ service suite. With ACERTUS on our side, this will include seamless pickup and delivery of any vehicle for consumers or car dealers who use it. ” DrivrzXchange or one of our DRIVRZ solutions. “

For further information please contact:

Kelly Jennings
managing Director
E: [email protected]
P: 1-866-768-7653

About PowerBand Solutions Inc.

PowerBand Solutions Inc., listed on the TSX Venture Exchange and OTCQB markets, is a fintech provider disrupting the automotive industry. PowerBand’s integrated, cloud-based transaction platform facilitates transactions between consumers, retailers, financiers and manufacturers (OEMs). It enables them to buy, sell, trade, finance and lease new and used electric and non-electric vehicles on smartphones or other online digital devices from anywhere. PowerBand’s transaction platform, which operates under the brand name DRIVRZ “, will be made available in all North American and global markets.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.

About ACERTUS

ACERTUS is an automotive logistics service platform. We believe in enhancing the customer experience by providing customized end-to-end solutions throughout a vehicle’s life cycle, including vehicle transportation, title and registration, vehicle storage, care and maintenance, last mile delivery and compliance Services. Our people, processes, innovative technology, and relentless pursuit of delivery are just a few of the reasons we named Inc. Magazine on the list of the 5,000 Fastest Growing Companies in the United States for two years in a row. For more information, please contact 855-ACERTUS (855-223-7887) or www.ACERTUSdelivers.com.

FORWARDING STATEMENTS

This press release contains forward-looking statements regarding the company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expect” and similar expressions. All statements other than historical facts contained in this press release, including but not limited to statements regarding future plans and goals of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and that actual results and future events could differ materially from those anticipated in such statements.

The reader is cautioned that assumptions made in preparing forward-looking information could prove to be incorrect. Events or circumstances could cause actual results to differ materially from those projected due to numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the company. As a result, we cannot guarantee that forward-looking statements will occur and the reader is cautioned not to place undue reliance on any forward-looking information. This information, although believed to be reasonable by management at the time of preparation, could prove to be incorrect and actual results could differ materially from those anticipated.

Forward-looking statements in this press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release speak as of the date of this press release, and the company undertakes no obligation to publicly update or revise any forward-looking statements contained therein, whether as a result of new information, future events or otherwise, unless expressly stated by the Canadian Securities Act is required.

This press release constitutes neither an offer to sell nor a solicitation of an offer to buy any securities in the United States. The securities have not been and will not be under the United States Securities Act of 1933, as amended (the “US Securities Act”) or a state securities act and may not be offered or sold in the United States unless they are registered in the United States Securities Act and applicable state securities laws, unless an exception to such registration exists.

SOURCE: PowerBand Solutions Inc.

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