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Facedrive Expands Green Ridesharing Network to Ottawa, Canada’s Capital

Facedrive Inc. ("Facedrive") (TSXV: FD), the first Canadian peer-to-peer, eco-friendly and socially responsible ridesharing network, is pleased to announce its expansion to Ottawa, Ontario. Newly licenced in Canada’s capital, Facedrive is expected to offer its services to Ottawa’s residents within the next 30 days in accordance with its national and global expansion plans.

Facedrive is a first of its kind, 100% Canadian ridesharing platform that is designed to incentivize and empower the green and socially responsible consumer looking to make a meaningful and measurable impact. Facedrive’s environmentally-friendly philosophy of ridesharing allows passengers to request rides in electric, hybrid or gas-powered vehicles through the Facedrive App. Trips completed using the Facedrive App help offset C02 emissions by contributing a portion of the rider’s fare to carbon offset initiatives, such as tree planting.

Amid the COVID-19 pandemic, Facedrive is committed to working closely with the City of Ottawa and the local authorities in support of their endeavor to identify transportation gaps and offer solutions at a critical time for all.

"Our launch to Canada’s capital and further expansion plans across the country is a direct response to critical needs given the impact of COVID-19 and the essential services ridesharing can provide at this time," said Suman Pushparajah, Chief Operations Officer at Facedrive. "As we begin our recruitment of drivers, we employ a thorough multi-step driver screening process to ensure that all of our drivers are adequately trained on safety protocols before they are approved to drive on our platform", adds Pushparajah.

A safe transportation solution is critical at this time, and Facedrive is currently working with many cities amid the coronavirus pandemic to bridge transportation gaps as it expands into additional cities and countries. Facedrive will be there to demonstrate that ridesharing can put people and planet first in an economically feasible manner.

About Facedrive

Facedrive is a "people-and-planet first" ridesharing platform, and the first to offer green transportation solutions in this space. Facedrive is committed to doing business fairly, equitably and sustainably. It is firmly dedicated not only to providing seamless customer service, offsetting CO2 by planting trees, and giving riders a choice between electric, hybrid and conventional vehicles, but also to its drivers. Facedrive is a community network designed to become the #1 recognized eco-friendly and socially responsible TaaS platform in any market that it enters.

For more about Facedrive, visit www.facedrive.com.

About the City of Ottawa

As the capital of Canada, the City of Ottawa is home to more than one million people and is the fourth largest municipality in the country. Ottawa is internationally renowned to live and to do business in; the many awards received are a testament to that. Furthermore, Ottawa has been rated the most business-friendly environment and the third best city for Foreign Direct Investment (FDI) out of 77 mid-sized cities, in the Western Hemisphere. With a vibrant technology sector, Ottawa is a great place to live, work and play.

For more information about Ottawa, please visit www.ottawa.ca.

Facedrive Inc.
100 Consilium Pl, Unit 400, Scarborough, ON, Canada M1H 3E3
www.facedrive.com

Forward-Looking Information

Certain information in this press release contains forward-looking information. This information is based on management’s reasonable assumptions and beliefs in light of the information currently available to us and are made as of the date of this press release. Actual results and the timing of events may differ materially from those anticipated in the forward-looking information as a result of various factors. Information regarding our expectations of future results, performance, achievements, prospects or opportunities or the markets in which we operate is forward-looking information. Statements containing forward-looking information are not facts but instead represent management’s expectations, estimates and projections regarding future events or circumstances. Many factors could cause our actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements.

See "Forward-Looking Information" and "Risk Factors" in the Corporation’s Filing Statement dated August 28, 2019 for a discussion of the uncertainties, risks and assumptions associated with these statements. Readers are urged to consider the uncertainties, risks and assumptions carefully in evaluating the forward-looking information and are cautioned not to place undue reliance on such information. We have no intention and undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities law.

Neither 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200401005181/en/

Contacts

Media Contact: Sana Srithas | sana@facedrive.com

Sayan Navaratnam
Chief Executive Officer and Director
Tel: 1-888-300-2228