Bruce Polkes, CEO & Co-Founder of IntellaCar, the leading iPad Interface for Automotive Dealers and Drivers, Joins PowerBand Advisory Team
VANCOUVER, British Columbia (October 15, 2020) —PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) ("PowerBand", “PBX” or the "Company”) is pleased to announce technology leader and innovator Bruce Polkes, the CEO & Founder of IntellaCar, has joined PowerBand’s team of industry advisors.
With 30-years of experience in the automotive-retail sector, Mr. Polkes’ career includes 20 years of working with dealers and OEMs, such as Toyota, Lexus, Honda and Acura, to develop and leverage technology to drive dealership sales and increase customer engagement.
As the founder and CEO of IntellaCar, Mr. Polkes developed the industry’s leading platform for drivers and dealers to mutually engage, carrying out searches and transactions on an iPad, with constant access to data and an extensive video library of automobiles on the market.
“Bruce is one of our industry’s pioneers in developing software and digital platforms to enable consumers and drivers to carry out fast and transparent transactions,” said PowerBand CEO Kelly Jennings. “In founding IntellaCar, which enables consumers and dealers to buy and lease cars and trucks from an iPad or a smart phone, he is transforming the automotive retail experience.”
Added Jennings: “Bruce’s insights will be key in advancing PowerBand’s platform that now enables drivers to buy, sell, lease, trade and finance vehicles on smart phones, as easily as buying a product on Amazon.”
Mr. Polkes’ has also proven his innovation talents during his work with organizations such as Procter & Gamble and ARAMARK — where he has earned numerous trademarks and patents. He has a BA from Johns Hopkins University and an MBA from Northwestern University's Kellogg Graduate School of Management.
Mr. Polkes has been granted 350,000 Restricted Share Unit’s (“RSU’s”) in the capital of the Company, subject to the Company’s 2020 Restricted Share Unit Plan. 175,000 of the RSU’s will vest on October 14, 2021 and an additional 175,000 RSU’s will vest on October 14, 2022.
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.
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For further information, please contact:
Richard Goldman, VP Corporate Development
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