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SuperBuzz Announces Termination of Non-Binding Letter of Intent with Jeffs' Brands

V.SPZ

Toronto, Ontario--(Newsfile Corp. - April 13, 2023) - SuperBuzz Inc. (TSXV: SPZ) ("SuperBuzz" or the "Company"), announces that the Company and Jeffs' Brands Ltd. ("Jeffs' Brands") have mutually agreed to terminate the letter of intent (the "LOI") as announced in the Company's press release dated February 27, 2023. The Company has decided to concentrate on its current pipeline of deals as an agreement could not be reached with Jeffs' Brands.

About SuperBuzz

SuperBuzz is an innovative tool for digital marketers built with GPT-3 and powered by natural language processing. Through automation, small to medium-sized businesses can effortlessly scale their marketing efforts using push notifications to keep customers engaged. SuperBuzz was designed with advanced machine learning algorithms, allowing users to easily create automated campaigns that drastically reduce the time needed for daily marketing tasks. For more information about the Company, please visit www.superbuzz.io. SuperBuzz Inc. is a fully reporting publicly traded company which is listed on the TSX Venture Exchange under the symbol "SPZ".

Additional information in respect of the Company's business is available under the Company's SEDAR profile at www.sedar.com.

For Additional Information, Contact:
Liran Brenner
Chief Executive Officer
Tel: 972 548167755
Email: liran@superbuzz.io

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "potential", "believe", "intend" or the negative of these terms and similar expressions.

Forward-looking information in this news release are based on certain assumptions and expected future events.

These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements.

Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/162199

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