Facedrive Announces Successful First Season with the Hamilton Tiger-Cats and Forge FC Hamilton

Official Ride Share App Saved Fans Over $35,000 During 2019

TORONTO--()--Facedrive Inc. (“Facedrive” or the “Corporation”) (TSXV: FD), the first Canadian peer-to-peer, eco-friendly ridesharing network, is pleased to announce the completion of its successful debut season as the Official Ride Sharing Platform of the Hamilton Tiger-Cats and Forge FC Hamilton, which began in April 2019. Fans visiting the Tim Hortons Field in Hamilton, Ontario, had the opportunity to enjoy the convenience of the “Facedrive Ride Zone” located on Balsam Avenue North in Hamilton to enhance the simplicity of their travel to and from events using our platform while achieving our mission of reducing the carbon footprint in an effort to improve the environment.

“Our drivers loved to be part of the excitement by transporting loyal Tiger-Cats and Forge FC fans from our Facedrive Ride Zone,” said Sayan Navaratnam, Chairman and CEO of Facedrive. “Our activations team spoke with over 20,000 fans to educate them about Facedrive’s offering and the environmental crisis their community is facing. We are thrilled to be the Official Ride Sharing Platform of the Hamilton Tiger-Cats and Forge FC Hamilton and look forward to moving fans again during the 2020 season.”

The 2019 Hamilton Tiger-Cats season is the 62nd season for the team in the Canadian Football League (“CFL”) and their 70th overall. It is the 150th year overall in the combined history of the Tiger-Cats and its predecessors, the Wildcats and Tigers. On October 19, 2019, the Tiger-Cats defeated the Ottawa Redblacks and recorded a franchise-record 13th win in a single season. The team finished the season with 15 wins and a perfect home record for the first time since the CFL went to an 18-game schedule, winning all nine of its home games.

The 2019 Forge FC season was the first season in the club’s history, as well as the first season in Canadian Premier League (“CPL”) history. On April 27, 2019, Forge FC hosted York9 FC in the inaugural CPL match at Tim Hortons Field. During the season, Forge FC also participated in the Canadian Championship, CONCACAF League, and the CPL Finals. On November 2, 2019, Forge FC defeated Cavalry FC 2–0 in the CPL Finals and became the first ever champions of the CPL.

“We’re extremely pleased with our Facedrive partnership, and hope that next season is even better,” said Matt Afinec, President and COO of the Hamilton Tiger-Cats and Forge FC Hamilton. “We share in Facedrive’s mission to provide eco-friendly, convenient and safe transportation for all community members, and our Facedrive Ride Zone served as a great alternative for anyone who came to the stadium for a football or soccer game in 2019. In total, Facedrive saved our fans over $35,000 during our 2019 season alone by offering fans a discount of $10 per ride for journeys to and from Tim Hortons Field.”

About the Hamilton Tiger-Cats

The Hamilton Tiger-Cats are a professional Canadian football team based in Hamilton, Ontario, Canada. They are currently members of the East Division of the Canadian Football League. The Tiger-Cats play their home games at Tim Hortons Field. They were founded in 1869 as the Hamilton Football Club. In 1950, the Tigers merged with cross-town upstart Hamilton Wildcats and adopted the nickname “Tiger-Cats”. More information about the Hamilton Tiger-Cats can be found at https://ticats.ca/.

About Forge FC

Forge FC is a professional soccer club based in Hamilton, Ontario, Canada, that competes in the Canadian Premier League, the top tier of Canadian soccer. The club plays its home fixtures at Tim Hortons Field. The club became the first champions of the Canadian Premier League in 2019, and were the first Canadian Premier League side to compete in a continental competition when it qualified for the 2019 CONCACAF League. More information about Forge FC can be found at https://forgefc.canpl.ca/.

About Facedrive

Facedrive is a unique people and planet first ride-sharing platform committed to doing business fairly and equitably. As a community platform, drivers are real partners in the company, benefitting from uniquely customized incentives and rewards that reflect a dedication to shared success. For more about Facedrive, visit www.facedrive.com.

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.

Contacts

DECOSTA Global | media@decostainc.com
Sayan Navaratnam
Chief Executive Officer and Director
Tel: 1-888-300-2228

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Contacts

DECOSTA Global | media@decostainc.com
Sayan Navaratnam
Chief Executive Officer and Director
Tel: 1-888-300-2228