Carbeeza Inc. Announces Ontario Launch Date


(MENAFN- GlobeNewsWire - Nasdaq)

CALGARY, Alberta, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Carbeeza Inc. (the 'Company'; TSX.V: AUTO) is pleased to announce that the Company is officially launching in Ontario on December 8, 2022.

Ontario comprises the largest automotive dealer and consumer market in Canada and this launch represents a pivotal milestone in Carbeeza's continued expansion across the country. At present, the Company has just over 442 dealerships on-board the platform across the western provinces and Ontario. Carbeeza continues to add new franchised dealership locations across Western Canada and Ontario in order to provide hard-to-find vehicle inventory options to customers.

The Carbeeza platform uses artificial intelligence to provide consumers the ability to search for vehicles of interest, compare pricing and shop for personalized financing options all while remaining anonymous. Carbeeza then provides these vetted and qualified customers that are deep in the sales funnel with high intent to purchase to dealerships in their network, differentiating them from a normal lead generation service.

Carbeeza, as a technology company, is committed to constant improvement of the platform to meet consumer demand and is excited about new additions currently in development.

The Carbeeza platform is available on the web at  and the app is available for download on the Apple App and Google Play stores.

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 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.

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