Carbeeza Inc. Announces Maritimes Launch Date

CALGARY, Alberta, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Carbeeza Inc. (TSX.V: AUTO) (the "Company" or “Carbeeza”) is pleased to announce the official launch date for all four Maritime provinces (Nova Scotia, Newfoundland and Labrador, New Brunswick, and Prince Edward Island) is December 15, 2022. The expansion into the Maritime market almost immediately following the Company’s Ontario launch, shows continued action in the Company’s strategic plan and its rapid growth. Carbeeza continues to add franchised dealers throughout Canada in a continued effort to provide diverse inventory options of difficult-to-source vehicles. At present, the Company has over 450 dealerships on-boarded across the nation.

The Carbeeza platform provides consumers the ability to search for their next vehicle through access to local dealer inventory and personalized options for financing before deciding whether or not to pursue a deal. Carbeeza then provides these vetted, prequalified customers that are deep in the sales funnel to dealerships in their network. The Company is actively making improvements to the platform and is committed to introducing new features to further enhance its performance and efficiency for both dealers and consumers alike.

ON BEHALF OF THE BOARD OF DIRECTORS OF CARBEEZA INC.

Sandro Torrieri, Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

This press release may contain forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, anticipations, expectations, opinions, forecasts, projections, guidance, or other similar statements that are not statements of fact. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. These statements are subject to certain risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking statements. The Company's forward-looking statements are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligations to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

For further information please contact:

Investor Relations

Email: [email protected]

Telephone: 1-855-216-8802

Website: www.carbeeza.com