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home / news releases / PWWBF - NetworkNewsBreaks - PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Announces Success of Its D2D Virtual Auction Platform


PWWBF - NetworkNewsBreaks - PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Announces Success of Its D2D Virtual Auction Platform

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), today announced that, since its spring launch, it has auctioned over 360 vehicles, including part of the fleet of one of the global leaders in the ridesharing industry. According to the update, this represent a total value in excess of $3 million on D2D Auto Auction LLC ("D2D"), the company’s virtual auction platform. "Our virtual auctions have been extremely popular attracting dealers nationwide," Darrin Swenson, COO of D2D and COO of PowerBand, stated in the news release. "We are pleased this widely respected ridesharing company is using our auction platform giving dealers easy access to much needed inventory."

To view the full press release, visit http://nnw.fm/PYSJM

About PowerBand Solutions Inc.

PowerBand Solutions, 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 - trademarked under DRIVRZ – will be available across North American and global markets. For more information, visit www.PowerBandSolutions.com.

NOTE TO INVESTORS: The latest news and updates relating to PWWBF are available in the company’s newsroom at http://nnw.fm/PWWBF

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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Stock Information

Company Name: PowerBand Solutions Inc
Stock Symbol: PWWBF
Market: OTC
Website: powerbandsolutions.com

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