Facedrive Welcomes Three New World-Class Advisory Board Members

- December 1st, 2020

Facedrive Inc. a Canadian ESG tech ecosystem, is pleased to announce the addition of three new members to its Advisory Board who bring a wealth of experience and enormous networks ahead of a major push for expansion into the United States and Europe. Exelon Utilities’ VP of Innovation Brian E. Hoff, Manulife; Financial Corp’s Senior VP & CTO Stevan Lewis; and Tenfold’s Co-Founder and COO Dan Sincavage will be …

Facedrive Inc. (“Facedrive”) (TSXV:FD), a Canadian ESG tech ecosystem, is pleased to announce the addition of three new members to its Advisory Board who bring a wealth of experience and enormous networks ahead of a major push for expansion into the United States and Europe.

Exelon Utilities’ VP of Innovation Brian E. Hoff, Manulife; Financial Corp’s Senior VP & CTO Stevan Lewis; and Tenfold’s Co-Founder and COO Dan Sincavage will be joining Facedrive’s Advisory Board.

Brian E. Hoff, the Vice President of Innovation at Exelon Utilities, is joining the Advisory Board following Facedrive’s acquisition on September 8, 2020, of Washington, D.C.-based Steer, one of the fastest-growing specialized electric vehicle businesses in the world, from Exelorate Enterprises, LLC, a wholly-owned subsidiary of Fortune 100 company Exelon Corporation.

Hoff is responsible for the launching of start-up businesses and providing innovative solutions to their customers and communities. Hoff has more than 26 years of experience in the energy industry, earning him a top spot as one of Crain’s Tech 50 and one of the Top Forty Innovators ranked by Public Utility Fortnightly in 2017.

Stevan Lewis, Senior VP and Chief Technology Officer at Manulife, is a seasoned and proven management, scaling and growth expert for technology platforms. With over two decades of experience in running, protecting and scaling large technology organizations around the globe, Lewis has the insights and experience to make the “impossible, possible”. He is currently responsible for supporting Manulife’s platforms enabling 30 million customers in 28 countries. Stevan is a member of the company’s senior leadership team charged with shaping the vision and enterprise transformation strategy. As a large consumer and advocate of cloud services, he has recently joined the Azure advisory Board at Microsoft.

As Co-Founder and Chief Operating Officer of Tenfold, Dan Sincavage has led an enterprise trusted by customers across 90 countries and six continents to analyze over 1.5 Billion voice interactions every year and fundamentally change the way sales and service teams engage their internal and external customers. Dan also serves on the Advisory Board of disruptive technology start-ups SaaSLicense and Hauskey, as well as on the advisory panel for University of Houston’s Customer Experience programs.

“We are absolutely thrilled to have these three gentlemen join our Advisory Board. Individually, they bring decades of experience across industries. Together, they bring nearly a century of experience, profound innovation, established networks and dedication to our people-and-planet-first principles. They are perfectly suited for Facedrive’s multi-faceted tech ecosystem and our global expansion plans,” said Sayan Navaratnam, CEO and Chairman of Facedrive.

“Brian Hoff has a proven track record in impact investing with one of the biggest energy companies in the world, which aligns with Facedrive’s mandate as an ESG-focused tech ecosystem exactly at the crossroads of energy and technology. It’s a perfect alignment of resources and expertise. Stevan Lewis understands tech ecosystems like no one else, and his expertise in driving the Facedrive digital platform globally will be invaluable to our expansion. Dan helped lead fundraising efforts at Tenfold raising over $40MM from top tier investors, including Andreessen-Horowitz and Salesforce Ventures, and his track record will prove inestimable in the execution of Facedrive’s growth and expansion plans,” Navaratnam added.

Facedrive is fully committed to expanding its state-of-the-art tech ecosystem globally as it prepares for its Nasdaq listing, and to ensuring that the best and brightest names are behind its ESG brand. To that end, Facedrive is dedicated to packing its Advisory Board with the world’s most successful innovators across every segment.

About Facedrive

Facedrive is a multi-faceted “people-and-planet first” tech ecosystem offering socially-responsible services to local communities with a strong commitment to doing business fairly, equitably and sustainably. As part of this commitment, Facedrive’s vision is to fulfil its mandate through a number of verticals that either leverage existing technologies of the Company or project synergies with existing lines of business (the “ Facedrive Verticals ”). The Facedrive Verticals include its rideshare business (“ Facedrive Rideshare ”), sustainable e-commerce platform (“ Facedrive Marketplace ”), food-delivery service (“ Facedrive Foods ”), e-social platform (“ Facedrive Social ”) and its contact-tracing and sustainable health services business (“ Facedrive Health ”).

Facedrive Rideshare was among the first to offer a wide variety of environmentally and socially responsible solutions in the Transportation as a Service (TaaS) space, planting thousands of trees based on user consumption and offering choices between electric, hybrid and conventional vehicles (including, more recently, electric and hybrid vehicles on a subscription basis through Steer). Facedrive Marketplace offers curated merchandise created from sustainably sourced materials. Facedrive Foods offers contactless delivery of a wide variety of foods right to consumers’ doorsteps, with a focus on doing so in a socially and environmentally-conscious manner. Facedrive Social strives to keep people connected in a physically-distanced world through its HiQ and other e-socialization platforms that invite users to interact based on common interests and by offering gamification and mutual community support features. Facedrive Health strives to develop and offer innovative technological solutions to the most acute health challenges including its proprietary TraceSCAN wearable technology for contact tracing. Facedrive envisions changing the ridesharing, food delivery, e-commerce, social and health tech narratives for the better, for everyone, and is currently operational in Canada and the United States.

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, including the performance of member of the Advisory Board relative to expectations. 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 Facedrive’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.

Media: Sana Srithas | sana@facedrive.com
Sayan Navaratnam
Chief Executive Officer and Director
Tel: 1-888-300-2228

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