10:15:18 EDT Thu 02 May 2024
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USA
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Geekco Technologies Corp
Symbol GKO
Shares Issued 60,096,273
Close 2024-03-21 C$ 0.08
Market Cap C$ 4,807,702
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Geekco rolls out Tell Me application in Quebec

2024-03-21 10:20 ET - News Release

Mr. Mario Beaulieu reports

GEEKCO ANNOUNCES THE DEPLOYMENT OF TELL ME THROUGHOUT QUEBEC, ITS ENTRY INTO ONTARIO AND THE APPOINTMENT OF A NEW CFO

Geekco Technologies Corp. has deployed its Tell Me application throughout Quebec and entered the Ontario market by serving the complete network of its partner Poulet Rouge. Starting today, all restaurants in the chain will use Tell Me to introduce Poulet Rouge's brand and products to the Tell Me community.

"Poulet Rouge is a growing Quebec restaurant chain, innovative and popular with young consumers. Today, we are very proud to extend our collaboration to their entire network and thus be able to introduce Poulet Rouge to our users throughout Quebec and Ontario. This support for Tell Me from a brand with such notoriety motivates us to continue our efforts and our development. In the coming weeks, we will offer new features as well as the arrival of new partners with the aim of becoming an everyday tool for users and merchants," says Mario Beaulieu, chief executive officer.

"We would also like to point out that we will be present this weekend in partnership with Poulet Rouge at Happening Marketing, which is being held at HEC. This university competition is the most important in Eastern Canada. A great initiative directly linked to our target customers," he added in closing.

"Innovation is at the heart of each of our initiatives. This is where Tell Me comes into its own because it is innovative, easy to use and connected with young consumers. It will allow us to introduce our brand to young people, attract new customers to our branches and recruit our future employees. Tell Me is part of our initiatives to generate growth and our constant efforts to satisfy and get closer to our customers, our franchisees, our employees and the community. Taking advantage of the visibility offered by Tell Me while helping to stimulate the economy in each city and each neighbourhood throughout our network is, in our opinion, a winning formula," mentioned Karine Dube, local marketing director of Poulet Rouge.

Chief financial officer

Geeko has appointed Faycal Salek as chief financial officer.

Mr. Salek has been a member of the Quebec CPA Order (CPA) since 2004. He holds a bachelor's degree in business administration as well as a specialized graduate diploma in public accounting from the Ecole des Hautes Etudes Commerciales (HEC). He is a consultant to small and medium-sized public and private companies in accounting, financing and financial analysis. Mr. Faycal acted as chief financial officer for several companies, including the GSoft Group and the Hitlab Group. He also served as deputy director of professional inspection for the Ordre des CPA du Quebec as well as director and president of the audit committee of Perlite Canada Inc., a crude and expanded perlite and vermiculite producer, while it was listed on the TSX Venture Exchange.

Concurrently with this appointment, effective immediately, Xavier Harland has departed as chief financial officer of the company. Geekco management would like to thank him for his contribution to the organization.

Geekco has granted Mr. Salek an aggregate of 150,000 options to acquire Class A shares of the corporation at an exercise price of eight cents each. All said options are valid for 10 years. Options vest in 25-per-cent increments per completed six-month period following their issue date.

About Geekco Technologies Corp.

Geekco is positioned at the forefront of technological solutions that are evolving the new way of doing marketing while stimulating and energizing the economy of each city and each neighbourhood by making consumers and shops interact like never before. Its FlipNpik application allows users to discover businesses around them in real time using the interactive map, access exclusive rewards and even find a job. Shops thus increase their traffic and their visibility while recruiting their future employees. All this happens in the same app.

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