Mr. Rich Wheeless reports

PARCELPAL ANNOUNCES OFFICIAL LAUNCH OF MOBILE TECHNOLOGY AND COMMUNICATIONS PLATFORM, PULSEIR POWERED BY FOBI AI

Parcelpal Logistics Inc. has officially rolled out the PulseIR technology platform, a personalized, automated and data-driven mobile IR (investor relations) solution from the PulseIR subsidiary of Fobi AI.

PulseIR is a platform-as-a-service (PaaS) that delivers an automated activation and communications channel for investor relations directly through the mobile wallet. PulseIR simplifies and enhances the way businesses can grow, diversify, engage and retain their investor base by enabling personalized engagement through mobile lock screen communication. Using the PulseIR platform, companies can send business updates, volume alerts, price action and more, in real-time, directly to investors' smart phones right as they happen, not just at the end of the day or week. The mobile IR solution brings a business's IR needs right into the hands of today's digital-first investors, improving the user experience by consolidating company-wide IR assets into one touchpoint with customized branding, segmentation and analytics.

The implementation of Parcelpal's PulseIR platform will enable:

• Two-way, direct-to-lock-screen messaging between the company and its investors;
• Automated, real-time communication through SMS (short message service) or push notifications that can be sent immediately, scheduled or cancelled;
• Ability to search for specific investors and access contact information such as phone numbers and e-mail addresses;
• Segmentation of communication to specific shareholders or groups, or to the company's entire database of investors;
• Detailed insights and analytics that highlight metrics such as the total number of passes created or downloaded (which can also be segmented by specific investors to see if they downloaded the wallet pass or not);
• Functionality as a CRM (customer relationship management) database with CSV (comma-separated values) import and export capabilities.

Rich Wheeless, chief executive officer of Parcelpal Logistics, states:

"In a time where consumers of content want real-time communication, the PulseIR technology platform solves just that. It will allow us to gain some new eyes on the company and also help us tell our story to a broader audience in a simple way. This is the first of multiple partnerships for us with Fobi AI and we look forward to launching other exciting platforms together."

Rob Anson, CEO, states:

"There's no denying that the world is now entirely digital. At our core, PulseIR is about providing public issuers with a mobile strategy and automated communications channel that connects them directly to their shareholders. The official launch of PulseIR with Parcelpal is a prime example that demonstrates how we make it easy for early-stage companies to create established mobile IR strategies that deliver next-level experiences for their investors."

About Parcelpal Logistics Inc.

Parcelpal, based in Vancouver, Canada, is a company that specializes in last-mile delivery service and logistics solutions. The company is a customer-driven, courier and logistics company, connecting people and businesses through its network of couriers in major Canadian cities, including Vancouver, Calgary and Toronto, as well as in the western region of the United States. Some of the company's verticals include pharmacy and health, meal kit deliveries, retail, groceries, and more.

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