Facedrive's TraceSCAN Achieves Co-Sell Ready Status with Microsoft

Facedrive Inc. ("Facedrive") (TSXV:FD) (OTCQX:FDVRF), a Canadian "people-and-planet first" tech ecosystem is pleased to announce that its contact-tracing platform TraceSCAN has achieved co-sell ready status on the Microsoft Partner Network. Achieving ‘co-sell ready' status will provide Facedrive TraceSCAN with a significant scaling opportunity by gaining access to Microsoft global customer and partner base. Furthermore, ‘co-sell ready' status will enable Facedrive and Microsoft teams to collaborate globally on promoting TraceSCAN as a holistic connected health solution powered by Microsoft Azure technology stack. Specifically, Microsoft sales and consulting teams will be able to offer TraceSCAN contact-tracing to their corporate customers as an integrated feature within the enterprise business applications powered by Microsoft products. The greater choice and flexibility provided by being part of the Microsoft Partner's Network will provide Facedrive TraceSCAN customers with a richer set of options in implementing their contact tracing programs.

Prior to this on November 19, 2020, Facedrive had announced its decision to migrate TraceSCAN to the Microsoft Azure platform https://facedrive.com/press-release/facedrives-tracescan-to-offer-global-contact-tracing-services-powered-by-microsoft-azure/ and its intention to collaborate with Microsoft in offering businesses and individuals around the world easy access to TraceSCAN's wearable contact-tracing solution.

The TraceSCAN contact-tracing wearable solution, developed jointly by Facedrive Health and a group of researchers from the University of Waterloo, is powered by cutting-edge Bluetooth technology enabling it to work as a standalone device or in conjunction with mobile-powered solutions such as the Government of Canada's COVID Alert app. TraceSCAN is especially suited for work environments where employees may not be able to carry or have access to mobile devices. The technology also caters to at-risk consumer demographics such as the elderly and low-income individuals and families who may not possess smart phones, have affordable access to data or be familiar with the use of smart phone apps. The TraceSCAN technology is validated by a white paper on privacy and security features issued jointly by Facedrive Health and McCarthy Tétrault's MT Ventures. Following numerous successful implementations with large enterprise customers such as LiUNA and Air Canada, Waywayseecappo First Nation community, SMEs, and a spiking demand for multifunctional connected health solutions, TraceSCAN has rapidly expanded its use case scenarios into multiple business sectors such as recreation, travel, manufacturing, food processing, construction and other industries.

Apart from co-sell opportunities, Facedrive has already begun to realize the benefits of Microsoft Azure by gaining access to the largest cloud footprint available today, along with data sovereignty, hybrid capabilities, and advanced developer and data services. In addition, Facedrive and Microsoft are exploring synergies in supplying hardware for TraceSCAN enterprise customers, as well as planning to integrate TraceSCAN with IoT Hub, IoT Central, Azure Sphere and other potential fits to leverage advanced workloads within Azure and connect contact-tracing data with business processes and analytics. More collaboration avenues may open through Microsoft's extensive partner network as the relationship evolves, thus increasing reach of the TraceSCAN products tremendously.

"As an ESG focused technology platform, we are very focused on helping individuals, businesses and economies overcome this pandemic with more confidence and peace of mind. Becoming a co-sell partner with Microsoft increases our reach and distribution ability tremendously and also allows us to build more customized contact-tracing solutions for our clients by combining the technologies and expertise of our respective organizations," said Sayan Navaratnam, CEO and Chairman of Facedrive. "We are excited that our collaboration with Microsoft has moved forward so quickly as it will help us provide more value to the safety, health and well-being of thousands, if not millions of workers and their families as businesses return to work in these unprecedented circumstances."

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 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 104, Scarborough, ON, Canada M1H 3E3
www.facedrive.com

Forward-Looking Statements

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 (for example, those arising from "co-sell ready" status) 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191205005428/en/

View source version on businesswire.com: https://www.businesswire.com/news/home/20210312005108/en/

Media: S ana Srithas | sana@facedrive.com

Sayan Navaratnam
Chief Executive Officer and Director
Tel: 1-888-300-2228