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Intellabridge, Arbor Day Foundation enter partnership

2023-04-30 23:10 ET - News Release

Mr. John Eagleton reports

INTELLABRIDGE PARTNERS WITH THE ARBOR DAY FOUNDATION ON ARBOR DAY 2023

Intellabridge Technology Corp. has entered a partnership with the Arbor Day Foundation, which will allow Intellabridge's customers to plant a tree every time they go shopping and pay with their Karma Card.

"It's so exciting when we have a partner that not only wants to plant trees, but also invites their community to participate in helping make this world a better place," said Katie Loos, president of the Arbor Day Foundation. "The support from Intellabridge gives us a boost in the meaningful work we're doing to restore forestland of need. By providing an engaging opportunity for customers to also act as environmental stewards, this partnership truly embodies our core mission of planting, nurturing and celebrating trees."

With this partnership, customer donations will initially support the planting of trees throughout central Georgia, where the Arbor Day Foundation has identified forestland of greatest need. A diverse blend of native tree species will be planted across multiple tracts of private land, which will help restore the natural landscape and provide a variety of environmental benefits like improved air quality, soil and water conservation, and increased habitat for endangered wildlife species.

"We are particularly excited about this partnership because Karma Card donations are structured around the United Nations' 17 Sustainable Development Goals," explained Intellabridge chief executive officer John Eagleton. "Partnering with the Arbor Day Foundation for tree planting allows Karma Card customers to address the goals of climate action and life on land with a focus on planting trees in forests of greatest need across America. The first 5,000 customer transactions will go towards supporting reforestation in Georgia with the planting of native loblolly, slash and longleaf pine, providing fire tolerance, as well as habitat, for endangered and threatened wildlife, including the red-cockaded woodpecker and gopher tortoise."

About the Arbor Day Foundation

Founded in 1972, the Arbor Day Foundation is the world's largest membership non-profit organization dedicated to planting trees. With a focus in communities and forests of greatest need, the foundation -- alongside its more than one million members, supporters and valued partners -- has helped to plant nearly 500 million trees in more than 50 countries. Guided by its mission to inspire people to plant, nurture and celebrate trees, the Arbor Day Foundation is committed to unlocking the power of trees to help solve critical issues facing people and the planet.

About Intellabridge Technology Corp.

Intellabridge (Canadian Securities Exchange: KASH) (OTCQB: KASHF) (Frankfurt Stock Exchange: KASH) is a fintech company in the business of impact finance with a mission to make every transaction have a positive impact on the world through cashback solutions and automated customizable donations to charitable organizations based on the United Nations Sustainable Development Goals. Intellabridge's Karma impact finance product is a Web and mobile application, providing customers with cashback debit cards, virtual cards, Apple Pay and Google Pay, as well as self-custody financial services and automated donation systems.

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