Mr. Darrin Swenson reports

POWERBAND APPOINTS NEW DIRECTOR

Powerband Solutions Inc. has appointed Shibu Abraham, the company's chief financial officer, to the company's board of directors.

As a result of the appointment, the company currently has three directors, satisfying the minimum requirements for the number of directors required by the TSX Venture Exchange. It is anticipated that the trading halt instituted on the company's common shares will be lifted. The board of directors now comprises Bryan Hunt, a non-executive director, and two officers, Darrin Swenson, chief executive officer, and Mr. Abraham, CFO. The exchange has provided the company 90 days to satisfy the exchange's requirements that at least two of the company's directors be independent, and the company is continuing its process to identify director candidates that satisfy these requirements.

About Powerband Solutions Inc.

Powerband Solutions, listed on the TSX Venture Exchange and the OTCQB markets, is a fintech provider disrupting the automotive industry. Powerband's integrated, cloud-based transaction platform facilitates transactions amongst consumers, dealers and financiers. Powerband's transaction platform -- being trademarked under Drivrz -- is being made available across the United States.

We seek Safe Harbor.