Powerband Announces Death of Director
Vancouver, British Columbia -- (Accesswire – September 20, 2019) - PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) ("PowerBand", “PBX” or the "Company”), announces, with great sadness, that Mr. Frank Ciaramella, a member of PowerBand’s Board of Directors, has passed away. Mr. Ciaramella had been a director of PowerBand since February 2018 and was the Chair of the Company's Audit Committee.
"On behalf of the Board of Directors and the entire PowerBand team, we want to extend our deepest condolences to Frank’s family", stated Kelly Jennings, CEO of PowerBand. "In addition to being a good friend, he was a valued member of the PowerBand family and we are forever grateful for his contributions. His presence at the Board table and his wise guidance and counsel will be truly missed.”
About PowerBand Solutions Inc.
PowerBand Solutions Inc. is a technology provider listed on the TSX Venture Exchange. The Company has commercialized its leading-edge cloud-based platform to buy, sell, lease, and auction vehicles. With the recent receipt of its exporter license and its acquisition of MUSA Auto Finance, the Company is now well positioned to become a leader in the USD$10 billion cross-border used vehicle export market, the USD$100 billion used vehicle auction market, and the USD$120 billion vehicle leasing market in the U.S. and Canada.
For further information, please contact:
Richard Goldman, VP Corporate Development
This news release contains forward-looking statements relating to the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding future plans and objectives 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 actual results and future events could differ materially from those anticipated in such statements.
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