PERK LABS LAUNCHES NATIONAL FRANCHISE PROGRAM

Perk Labs Inc. plans to expand across Canada through franchising.

"As we launch our innovative franchise model, we are seeking entrepreneurial partners across Canada to be part of our mobile-first digital franchise system," said Jonathan Hoyles, chief executive officer, Perk Labs. "Perk Hero offers a unique opportunity for franchise partners to own a leading-edge technology business and offer local businesses access to a powerful mobile payment and digital loyalty platform. With this offering, we will be one of only a few franchise systems that offers franchisees the ability to earn recurring software-as-a-service (SaaS) revenue. To our knowledge, we will be the first franchise system that enables franchisees to leverage the power of blockchain technology."

Perk Hero offers a unique community-driven franchise business at an attractive start-up price. Through Perk Hero, franchisees can offer restaurants, retail and any small business with a brick-and-mortar location, a solution that provides the convenience of mobile payment combined with a powerful digital loyalty program that empowers them to create, market and measure real-time mobile offers and rewards to loyal customers. Each local business pays a modest monthly fee for access to tools such as order by QR, QR code payment, multiple payment methods, including Alipay and BitPay, push notifications, digital loyalty, and the ability to reach new customers through the Perk Hero App and on-line marketplace.

Unlike brick-and-mortar franchises, as a Perk Hero digital franchise, owners do not have to take on significant overhead and can build a growing recurring software-as-a-service revenue stream in their local marketplace. Franchisees will have access to multiple price points and packages based on a business's needs and budget to help them create an ever-growing source of sustainable income. All franchisees have access to Perk Hero's on-line portal that provides powerful analytics, merchant management, promotional tools, and support and training.

Perk Hero will be showcasing its franchise offering at the Canadian Franchise Association's virtual show starting on Oct. 18, 2021.

About Perk Labs Inc.

Perk Labs is the owner of Perk Hero, the mobile commerce platform on a mission to make shopping and dining experiences more engaging, convenient and rewarding. Perk has partnered with vetted specialized brands across North America. Consumers can also buy digital gift cards from top merchants that include gaming and electronics, apparel, dining, and more. The Perk Hero platform, currently available in Canada and the United States, was engineered for reliability and scale using enterprise-level technology fit for businesses of all sizes. The platform also features Shopify integration, contactless payments using Apple Pay, Google Pay, Alipay and BitPay, as well as its own digital currency called Perk Coin, a gamified loyalty program, e-commerce dropshipping capabilities, preorder and pickup, and in-store payments with a QR code.