May 18, 2024

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Facedrive Foodstuff Carries on on Development Trajectory, Increasing Into Ethnic Food items Phase and Boosting Overall health & Basic safety Actions

Facedrive Food items Proceeds on Progress Trajectory, Expanding Into Ethnic Meals Phase and Boosting Health & Safety Actions

Facedrive Inc. (“Facedrive”) (TSXV: FD), a Canadian “people-and-earth first” tech ecosystem, is pleased to announce that its food shipping vertical Facedrive Foodstuff is increasing into the ethnic meals phase even though also employing new wellbeing and protection upgrades in reaction to burgeoning client demand. Facedrive Foods continues to encounter substantial development, with orders exceeding 3,700 food deliveries for each working day. Cafe associates are now nearing 4,000 with over 220,000 lively end users registered on a system that is now operational in 19 metropolitan areas throughout Canada – together with Toronto, Montreal, Ottawa, Winnipeg, Kingston, London, Edmonton and Halifax, and with growth plans to other cities in Canada and the Usa predicted quickly.

Facedrive Foods has capitalized on the dramatic change in commerce patterns and buyer habits in the wake of the pandemic. As storefronts and eating places have minimal their choices to just take out or supply service completely, volumes of orders made via on the web on-need food stuff shipping and delivery platforms have soared. At the same time, the ethnically various North American sector proceeds to display sturdy desire for reliable countrywide cuisines. The tandem of these two trends has played strongly into the Facedrive Foods’ playbook and ambitious growth options. Facedrive Food items strategic enlargement to ethnic meals section is dependent on the popularity of ethnic cuisines and to improve purchaser obtain to genuine ethnic food items, which is now lacking in the market.

On top of that, Facedrive Food items is introducing a number of well being and basic safety updates aimed at boosting person wellbeing, protection and assurance as the second wave of the COVID-19 pandemic intensifies. A person crucial security precaution that has been rolled out during the Facedrive Food items platform is in-app temperature display screen. This purpose allows buyers to see system temperature of the driver delivering their buy and quickly disables motorists who exhibit higher than typical entire body temperatures. An additional elementary addition to the Facedrive Foodstuff featuring will be the integration of Facedrive’s proprietary TraceSCAN merchandise, a standalone make contact with-tracing wearable alternative designed on chopping-edge Bluetooth technology and enabling functionality such as contact-tracing and social distancing alerts. Facedrive Foods will be the initially foods shipping and delivery system to put into action call-tracing technological innovation as a component of its COVID-19 prevention protocol. By Q1 2021, Facedrive Foodstuff expects integration with TraceSCAN to be completed and for all Facedrive Foodstuff motorists to be donning TraceSCAN wearables.

“We are thrilled to be growing into the ethnic current market to better provide the rising desires of our prospects,” said Di Han, Basic Manager of Facedrive Meals. “We are also thrilled to carry out in-application temperature readings as effectively as the TraceSCAN engineering suite to make certain the security of our motorists, customers, or cafe staff. In this present-day circumstance, complying with stringent protection protocols is the only way to guidance eating places and for our shoppers to have peace of intellect when applying our shipping and delivery companies. As this sort of, wellbeing basic safety proceeds to be a essential component of our working day-to-day functions and long term outlook,” included Han.

About Facedrive

Facedrive is a multi-faceted “people-and-earth first” tech ecosystem offering socially-liable products and services to nearby communities with a powerful commitment to performing company pretty, equitably and sustainably. As component of this commitment, Facedrive’s eyesight is to fulfil its mandate by means of a amount of verticals that both leverage present technologies of the Business or challenge synergies with existing strains of business enterprise (the “Facedrive Verticals”). The Facedrive Verticals contain its rideshare small business (“Facedrive Rideshare”), sustainable e-commerce platform (“Facedrive Market”), foodstuff-shipping and delivery assistance (“Facedrive Foods”), e-social platform (“Facedrive Social”) and its make contact with-tracing and sustainable wellbeing expert services company (“Facedrive Wellbeing”).

Facedrive Rideshare was amongst the initial to supply a extensive assortment of environmentally and socially liable remedies in the Transportation as a Provider (TaaS) area, planting countless numbers of trees based mostly on consumer usage and featuring decisions between electrical, hybrid and conventional cars (like, a lot more lately, electric powered and hybrid autos on a subscription foundation by means of Steer). Facedrive Market presents curated merchandise established from sustainably sourced elements. Facedrive Meals offers contactless delivery of a large wide range of food items correct to consumers’ doorsteps, with a concentrate on undertaking so in a socially and environmentally-conscious fashion. Facedrive Social strives to hold individuals connected in a physically-distanced earth by its HiQ and other e-socialization platforms that invite customers to interact centered on common passions and by presenting gamification and mutual community support attributes. Facedrive Wellbeing strives to produce and present revolutionary technological answers to the most acute overall health challenges which includes its proprietary TraceSCAN wearable technological know-how for speak to tracing. Facedrive envisions altering the ridesharing, food shipping and delivery, e-commerce, social and overall health tech narratives for the superior, for everyone, and is currently operational in Canada and the United States.

For additional about Facedrive, stop by www.facedrive.com.

Facedrive Inc.

100 Consilium Pl, Device 400, Scarborough, ON, Canada M1H 3E3

www.facedrive.com

Forward-Looking Statements

Certain details in this press release includes forward-wanting data. This info is dependent on management’s affordable assumptions and beliefs in light of the details now obtainable to us and are built as of the day of this press release. Precise success and the timing of situations, these kinds of as people pertaining to the platform-huge rollout of the new TraceSCAN technological innovation, might differ materially from all those anticipated in the forward-on the lookout information as a outcome of numerous things. Information and facts about our expectations of foreseeable future outcomes, general performance, achievements, prospective clients or opportunities or the markets in which we function is forward-hunting facts. Statements made up of ahead-searching details are not specifics but rather signify management’s anticipations, estimates and projections concerning long run situations or situations. Quite a few factors could induce our real benefits, stage of action, effectiveness or achievements or upcoming gatherings or developments to differ materially from these expressed or implied by the ahead-on the lookout statements.

See “Forward-Looking Information” and “Risk Factors” in the Corporation’s Filing Statement dated August 28, 2019 for a dialogue of the uncertainties, challenges and assumptions related with these statements. Visitors are urged to contemplate the uncertainties, pitfalls and assumptions very carefully in analyzing the forward-wanting facts and are cautioned not to location undue reliance on this sort of information. We have no intention and undertake no obligation to update or revise any forward-seeking statements, whether as a end result of new info, long run occasions or in any other case, except as required by applicable securities legislation.

Neither TSX Venture Exchange nor its Regulation Providers Provider (as that time period is outlined in insurance policies of the TSX Enterprise Exchange) accepts accountability for the adequacy or precision of this launch.

Media: Sana Srithas | [email protected]

Sayan Navaratnam

Main Executive Officer and Director

Tel: 1-888-300-2228

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