CALGARY, Alberta, April 04, 2022 (GLOBE NEWSWIRE) -- Carbeeza Inc. (formerly HIT Technologies Inc.) ("Carbeeza" or the "Company"; TSX.V: AUTO) is pleased to announce that it has retained Hybrid Financial Ltd. ("Hybrid") to provide marketing and investor relations services (the "Services") to the Company. Hybrid has been engaged to heighten market and brand awareness for Carbeeza and to broaden the Company's reach within the investment community.
Hybrid has agreed to comply with all applicable securities laws and the policies of the TSX Venture Exchange (the "TSXV") in providing the Services.
Hybrid has been engaged by the Company for an initial period of 6 months starting March 31, 2022 (the "Initial Term") and then shall be renewed automatically for successive three-month periods thereafter, unless terminated by the Company in accordance with the agreement. Hybrid will be paid a monthly fee of $15,000 CAD, plus applicable taxes, during the Initial Term. None of Hybrid or its affiliates have an interest in the Company or its securities, or any right to acquire such interest, and act at arm's length to the Company. The engagement of Hybrid remains subject to acceptance and approval of applicable filings with the TSXV.
Carbeeza Inc.
Carbeeza is a Canadian-based software company whose platform is targeted to the automotive marketplace. It is the first application to harness the power of Artificial Intelligence to accurately predict the best financing scenario for consumers, all while keeping the consumer anonymous. Using state-of-the-art technology, Carbeeza brings the process of buying a car right to the phone, tailor-made for the consumer. Carbeeza is highly beneficial to both consumers and auto dealers.
The Carbeeza platform is accessible on the web at www.carbeeza.com and the app is available for download on the Apple App and Google Play stores.
Hybrid Financial Ltd.
Hybrid is a sales and distribution company that actively connects issuers to the investment community across North America. Using a data driven approach, Hybrid provides its clients with comprehensive coverage of both American and Canadian markets. Hybrid has offices in Toronto and Montreal.
ON BEHALF OF THE BOARD OF DIRECTORS OF CARBEEZA INC.
Sandro Torrieri, Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release may contain forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, anticipations, expectations, opinions, forecasts, projections, guidance, or other similar statements that are not statements of fact. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. These statements are subject to certain risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking statements. The Company's forward-looking statements are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligations to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
For further information please contact:
Investor Relations
Email: investorrelations@carbeeza.com
Telephone: 1-855-216-8802
Website: www.carbeeza.com
