Perk Labs Announces New Agreements for Online Ordering and Custom Branded App

Vancouver, Canada / June 3, 2022 / Perk Labs Inc. (CSE: PERK / OTCQB: PKLBF / FKT: PKLB) (“Perk” or the “Company”), the digital franchise company helping businesses transition to the digital economy, today announced that it signed an agreement with restaurant chain Deer Garden Signatures to provide them with Perk’s new online ordering services and a letter of intent with bubble tea chain, Chun Fun How, to develop a custom branded app.

“We’re beyond pleased that Deer Garden Signatures has chosen Perk as its online ordering partner,” said Perk’s Interim VP of Sales, Justin Strange “Perk’s new online ordering feature is an easy-to-launch ordering solution that provides everything restaurants need to quickly start accepting pickup and delivery orders through their existing website.”

“Consumer demand for order ahead and curbside pickup is here to stay, and brands that maximize efficiency while optimizing the consumer experience will gain a significant competitive edge. As consumer behaviors continue to evolve towards the adoption of digital technology at a record pace, a consumer-friendly, direct digital ordering platform combined with a mobile payment and loyalty solution will be critical for restaurant brands to meet the ever-evolving needs of guests and remain competitive in the future. We are excited to enhance efficiencies for restaurants and provide consumers with an overall better experience” added Mr. Strange.

With Perk’s online ordering feature, restaurants can simply add an order button to their existing website and immediately begin offering their customers pick-up and self-managed delivery ordering and mobile payment options. Orders can be accepted through Perk’s merchant application and restaurant operators can utilize Perk’s merchant web portal to manage their digital menu and access sophisticated reporting, data analytics and promotions capabilities. Perk’s new online ordering feature works seamlessly with all major web platforms including Shopify, Wix, WordPress, and others.

Perk also announced today that it signed an agreement with Chun Fun How to build them a custom branded app. Perk’s custom branded apps are built on the Perk Hero platform and leverage its downloadable merchant app, merchant web portal, and powerful features such as mobile ordering, contactless payment, digital wallets and loyalty.

“We’re thrilled to have great new chain partners like Deer Garden Signature and Chun Fun How,” said Perk CEO Jonathan Hoyles, “With the new POS integrations we are working on, our scope of services and value proposition is better than ever. We now offer restaurants a suite of customized services, including Digital Dine-in, custom branded apps, online ordering, and digital loyalty. We’ve been fine-tuning our offering in our local market and adding more and more enterprise-level features as we pursue larger chains and national expansion. In pursuing this strategy we believe this could lead to significant growth for Perk in the future. We believe the flexibility and quality of the Perk platform will enable both our restaurant and franchisee partners to thrive and place Perk on the path to growth and profitability.”

About Perk Labs Inc.

Perk Labs Inc. (CSE: PERK) (OTCQB: PKLBF) (FKT: PKLB) is the owner of Perk Hero, the mobile commerce platform on a mission to empower business owners with the digital tools to provide their customers with experiences that are more engaging, convenient and rewarding. Perk Hero is growing through a unique community-driven digital franchise business that is available to entrepreneurs at an attractive start-up price.

For more information about Perk Labs, please visit www.perklabs.io. Visit Perk Hero at www.perkhero.com.

For more information on a Perk Franchise, visit  www.perkfranchise.com.

For more information contact:

Jonathan Hoyles

CEO

Perk Labs Inc.

(833) 338-0299

investors@perklabs.io

Forward-Looking Statements

This press release contains forward-looking information or forward-looking statements (collectively “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: “may”, “believe”, “thinks”, “expect”, “exploring”, “expand”, “could”, “anticipate”, “intend”, “estimate”, “plan”, “pursue”, “potentially”, “projected”, “should”, “will” and similar expressions, or are those, which, by their nature, refer to future events. These forward-looking statements, which involve risks and uncertainties, relate to, among other things, the discussion of the Company’s business strategies and its expectations concerning future operations, the outcome of the letter of intent with Chun Fun How, that by pursuing Perk’s strategy it could lead to significant growth for Perk in the future, that the Perk platform will enable both its restaurant and franchisee partners to thrive and provide numerous ways for Perk to generate an attractive combination of growth and eventual profitability. Although the Company considers these forward-looking statements to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties, and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance and that actual results may differ materially from those in forward-looking statements. Undue reliance should not be placed on such forward-looking information, as there can be no assurance that the plans, intentions, or expectations upon which they are based will occur.

Perk Labs Announces New Custom Branded App

Vancouver, Canada / May 31, 2022 / Perk Labs Inc. (CSE: PERK / OTCQB: PKLBF / FKT: PKLB) (“Perk” or the “Company”), the digital franchise company helping businesses transition to the digital economy, today announced that it signed a letter of intent with SoyTalk Dessert Inc. (“SoyTalk”) setting out the general terms and conditions on which Perk will build SoyTalk a custom branded app.

“We are more than thrilled to work with the great management at SoyTalk on building a powerful custom branded app for their establishment featuring ordering, payment and loyalty, that will help them directly connect with their customers,” said Perk’s Interim VP of Sales, Justin Strange. “We have many other restaurants in our pipeline that are really excited to partner with us and we are pleased to see such a high level of interest. During the COVID-19 pandemic, many restaurants were forced to depend on third-party delivery providers that are prohibitively expensive. Third-party delivery platforms were the only way for restaurants to engage effectively with customers during the pandemic and our custom branded app product is an economical and profitable way for restaurants to have the same level of engagement with customers without having to sacrifice 30% of every order.”

“Restaurant profit margins have been under serious attack for quite some time now, so these heavy commission fees really place the restaurant owners in a difficult situation.  Our product is designed to rescue restaurants from the dependency on the third party delivery apps that charge so much and help them bring in new and old customers without the expensive unsustainable fees.  As well, our custom branded app does not distract customers by showing them the other many restaurant menus and promotions that are within the third-party apps and keeps them focused on the wonderful offerings of the restaurant with their own custom branded app. Third-party delivery apps encourage users to try many different restaurants, so they are not designed for loyalty to a specific restaurant or brand.”

“Our custom branded app offering provides restaurants with a direct pipeline to their loyal customer base, a tremendous evolution for restaurants going forward. They will have the ability to take back control of their direct communication with customers, offering a better experience with more control of their exposure and branding. Our “Restaurant Rescue” program is designed to help restaurants disconnect from the addiction of third-party apps and regain strong and meaningful relationships with their customers. We are building our technology for the future of hospitality: affordable solutions for restaurants with no strings attached.” added Mr. Strange.

Perk’s custom branded apps are built on the Perk Hero platform and leverage its downloadable merchant app, merchant web portal, and powerful features such as mobile ordering, contactless payment, digital wallets and loyalty. The utility of custom branded apps is supported by a recent consumer data survey of U.S. restaurant customers who use some form of technology when ordering food found that 67% of respondents preferred using a restaurant’s own app to websites or food delivery services.[1] Further, a recent State of the Industry Report from the National Restaurant Association states that: “many operators will devote their resources to online or app ordering, reservations, mobile payment, or delivery management, in addition to back-of-the-house technology.”[2]

“We see custom branded apps as a significant immediate software-as-a-service revenue opportunity for Perk,” said Perk CEO, Jonathan Hoyles. “I’m proud to see our sales and marketing team successfully deliver on signing up restaurants. We’ve invested considerable time and effort into our web-based Digital Dine-in product and custom branded app offering.  Both products are valuable tools for restaurants to better serve their customers and streamline their business. Our sales and marketing team is now laser-focused on signing up customers and placing these valuable tools in the hands of restaurant owners.”

About Perk Labs Inc.

Perk Labs Inc. (CSE: PERK) (OTCQB: PKLBF) (FKT: PKLB) is the owner of Perk Hero, the mobile commerce platform on a mission to empower business owners with the digital tools to provide their customers with experiences that are more engaging, convenient and rewarding. Perk Hero is growing through a unique community-driven digital franchise business that is available to entrepreneurs at an attractive start-up price.

For more information about Perk Labs, please visit www.perklabs.io.  Visit Perk Hero at www.perkhero.com.

For more information on a Perk Franchise, visit  www.perkfranchise.com.

For more information contact:

Jonathan Hoyles

CEO

Perk Labs Inc.

(833) 338-0299

investors@perklabs.io

Forward-Looking Statements

This press release contains forward-looking information or forward-looking statements (collectively “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: “may”, “believe”, “thinks”, “expect”, “exploring”, “expand”, “could”, “anticipate”, “intend”, “estimate”, “plan”, “pursue”, “potentially”, “projected”, “should”, “will” and similar expressions, or are those, which, by their nature, refer to future events. These forward-looking statements, which involve risks and uncertainties, relate to, among other things, the discussion of the Company’s business strategies and its expectations concerning future operations, the demand for custom branded apps, that we expect many restaurants in our pipeline to partner with us on a custom branded app, and that custom branded apps will be a significant immediate revenue opportunity for Perk. Although the Company considers these forward-looking statements to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties, and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance and that actual results may differ materially from those in forward-looking statements. Undue reliance should not be placed on such forward-looking information, as there can be no assurance that the plans, intentions, or expectations upon which they are based will occur.

 

[1]https://www.statista.com/statistics/1243722/share-of-us-consumers-that-prefer-a-restaurant-s-app-or-website-for-delivery/

[2]https://restaurant.org/research-and-media/media/press-releases/association-releases-2022-state-of-the-restaurant-industry-report/

 

Perk Labs Signs Franchise Agreement

Vancouver, Canada / May 25, 2022 / Perk Labs Inc. (CSE: PERK / OTCQB: PKLBF / FKT: PKLB) (“Perk” or the “Company”), the digital franchise company helping businesses transition to the digital economy, today announced that it signed a franchise agreement for the territory of Downtown Toronto.

“We are delighted to be expanding into the Toronto area. Our whole team invested a substantial amount of effort into our product over the last few months to set us up for scalability on the East Coast,” said Perk’s Interim VP of Sales, Justin Strange. “We’ve received substantial interest in Toronto and the surrounding area from both prospective franchisees and restaurants and we are energized by the prospect of bringing our solution to so many great operations located in the Toronto area. The team at Perk Hero is more than excited to take another big step forward and welcome our new franchisee who is a very accomplished entrepreneur with extensive years of experience operating his own successful enterprise as a supplier to restaurants. We plan to work closely with our franchisee to grow the Perk Hero brand in the downtown Toronto area where the demand for technology in the hospitality industry is very high, and continue the company’s forward momentum of our “Restaurant Rescue” program which is designed to help restaurants navigate the post-pandemic harm, current labour shortage as well as crippling inflation.”

Through Perk Hero, franchisees can offer restaurants a solution that provides the convenience of mobile ordering and payment combined with a powerful digital loyalty program and customer relationship management software. Unlike brick & mortar franchises, as a Perk Hero digital franchise, owners do not have to take on significant overhead and can build a growing recurring software-as-a-service (SAAS) revenue stream in their local marketplace. All franchisees have access to Perk Hero’s online portal that provides powerful analytics, merchant management, promotional tools, support and training.

“Perk Hero offers a unique opportunity for franchise partners to own a leading-edge technology business and offer restaurants access to a solution to the paralyzing labour shortage and the skyrocketing inflation” said Perk CEO, Jonathan Hoyles. “We are thrilled to partner with our new franchisee and bring our powerful software solution to restaurants and their guests in Toronto.”

About Perk Labs Inc.

Perk Labs Inc. (CSE: PERK) (OTCQB: PKLBF) (FKT: PKLB) is the owner of Perk Hero, the mobile commerce platform on a mission to empower business owners with the digital tools to provide their customers with experiences that are more engaging, convenient and rewarding. Perk Hero is growing through a unique community-driven digital franchise business that is available to entrepreneurs at an attractive start-up price.

For more information about Perk Labs, please visit www.perklabs.io. Visit Perk Hero at www.perkhero.com.

For more information on a Perk Franchise, visit  www.perkfranchise.com.

For more information contact:

Jonathan Hoyles

CEO

Perk Labs Inc.

(833) 338-0299

investors@perklabs.io

Forward-Looking Statements

This press release contains forward-looking information or forward-looking statements (collectively “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: “may”, “believe”, “thinks”, “expect”, “exploring”, “expand”, “could”, “anticipate”, “intend”, “estimate”, “plan”, “pursue”, “potentially”, “projected”, “should”, “will” and similar expressions, or are those, which, by their nature, refer to future events. These forward-looking statements, which involve risks and uncertainties, relate to, among other things, the discussion of the Company’s business strategies and its expectations concerning future operations, that the franchisee has the necessary experience and resources to scale up our Digital Dine-in offering in Toronto. Although the Company considers these forward-looking statements to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties, and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance and that actual results may differ materially from those in forward-looking statements. Undue reliance should not be placed on such forward-looking information, as there can be no assurance that the plans, intentions, or expectations upon which they are based will occur.

 

Perk Labs Reports on Restaurants Canada Show and Signs Letter of Intent

Vancouver, Canada / May 16, 2022 / Perk Labs Inc. (CSE: PERK / OTCQB: PKLBF / FKT: PKLB) (“Perk” or the “Company”), the digital franchise company helping businesses transition to the digital economy, today reported on the results of its exhibition at the Restaurant Canada Show (“RC Show”).

“We were thrilled to showcase the power and efficiency of our Digital Dine-in solution and comprehensiveness of our custom branded app offering to restaurant owners and chains from across Canada at the RC Show” said Perk CEO, Jonathan Hoyles. “The high level of interest we received from chains, both large and small, confirms the demand in the marketplace for both QR code-based ordering and custom branded apps. As we emerge from the pandemic and consumers begin to dine out more often, we expect more and more restaurants to invest in technology to increase their efficiency and directly connect and engage with their customers. Over the coming weeks, we expect our team to be busy with a full slate of demonstrations and meetings as we follow up on prospective sales generated from our exhibition at the RC Show.”

Perk also announced that on May 5, 2022, it entered into a letter of intent to trial its Digital Dine-in solution with a restaurant group owning several prominent brands with a combined 122 restaurant locations across Canada. Pending the results of the trial, Perk will provide more information in a future press release.

“Signing this letter of intent signifies the demand from enterprise and chain locations for our Digital Dine-in ordering and payment solution. Our digital product will help solve the crippling labour shortage and the skyrocketing inflation, on top of the standard challenges the restaurant industry is currently facing,” says Perk Interim VP of Sales, Justin Strange, “We’ve invested considerable time and effort into our web-based Digital Dine-in product over the last several weeks to polish the look and flow. We are now better positioned to exceed the expectations of our prospective customers and franchisees as we embark on our results-driven sales campaign, ‘Restaurant Rescue’. It is our intention to rapidly pursue restaurants and restaurant chains, large and small, to take advantage of the incredible speed and cost savings provided by our product.”

Perk Labs also announced today the signing and launch of its Digital Dine-in solution at the House of Dosas, one of Vancouver’s most popular South Indian restaurants. House of Dosas was previously a client of the Sunday App, a competitor that also provides QR code ordering and payment services for restaurants.

About the RC Show

Canada’s leading foodservice and hospitality event showcasing cutting-edge products, pioneering people and transformative ideas. Attendees can shop, taste, learn, connect and grow their business with multiple days of business-building action, including featured areas, competitions, workshops and RC Hospitality Week events tailored to educate, motivate and lead the industry. RC Show includes the latest trends, a dynamic selection of innovative products, and influential speakers assembled from around the globe, designed to help operators grow their businesses. An annual event not to be missed. Learn more at www.rcshow.com

About Restaurants Canada

Restaurants Canada is a national, not-for-profit association advancing the potential of Canada’s diverse and dynamic foodservice industry through member programs, research, advocacy, resources and events. Before the start of the COVID-19 pandemic, Canada’s foodservice sector was a $95 billion industry, directly employing 1.2 million people, providing Canada’s number one source of first jobs and serving 22 million customers across the country every day. The industry has since lost hundreds of thousands of jobs and billions in sales due to the impacts of COVID-19. www.restaurantscanada.org

About Perk Labs Inc.

Perk Labs Inc. (CSE: PERK) (OTCQB: PKLBF) (FKT: PKLB) is the owner of Perk Hero, the mobile commerce platform on a mission to empower business owners with the digital tools to provide their customers with experiences that are more engaging, convenient and rewarding. Perk Hero is growing through a unique community-driven digital franchise business that is available to entrepreneurs at an attractive start-up price.

For more information about Perk Labs, please visit www.perklabs.io. Visit Perk Hero at www.perkhero.com.

For more information on a Perk Franchise, visit  www.perkfranchise.com.

For more information contact:

Jonathan Hoyles

CEO

Perk Labs Inc.

(833) 338-0299

investors@perklabs.io

Forward-Looking Statements

This press release contains forward-looking information or forward-looking statements (collectively “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: “may”, “believe”, “thinks”, “expect”, “exploring”, “expand”, “could”, “anticipate”, “intend”, “estimate”, “plan”, “pursue”, “potentially”, “projected”, “should”, “will” and similar expressions, or are those, which, by their nature, refer to future events. These forward-looking statements, which involve risks and uncertainties, relate to, among other things, the discussion of the Company’s business strategies and its expectations concerning future operations, the demand for both QR code-based ordering and custom branded apps, that we expect our team to be busy with a full slate of demonstrations and meetings as we follow up on prospective sales generated from our exhibition at the RC Show, and the trial of its Digital Dine-in solution with a restaurant group owning several prominent brands with a combined 122 restaurant locations across Canada. Although the Company considers these forward-looking statements to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties, and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance and that actual results may differ materially from those in forward-looking statements. Undue reliance should not be placed on such forward-looking information, as there can be no assurance that the plans, intentions, or expectations upon which they are based will occur.

Perk Labs Announces Departure of CFO and Appointment of Interim CFO

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated February 17, 2021 to its short form base shelf prospectus dated July 17, 2020.

Vancouver, Canada / May 6, 2022 / Perk Labs Inc. (CSE: PERK / OTCQB: PKLBF / FKT: PKLB) (“Perk” or the “Company”), the digital franchise company helping businesses transition to the digital economy, announced today that Norman Tan will step down as Chief Financial Officer on May 6, 2022, to pursue other interests, but will remain available to support an orderly handover.

Vanessa Altamirano will assume the role of interim CFO effective upon Mr. Tan’s departure. Ms. Altamirano has served in various financial and accounting roles at the Company since 2017, including her current role as the Company’s Controller. In line with long-term talent development and succession planning, Ms. Altamirano has received the training and preparation to step into the CFO role.

“I look forward to working with Vanessa in the Interim CFO role and her long tenure and deep knowledge of the Company’s finances and accounting will ensure a smooth transition. I’d like to thank Norman for his dedication and support and wish him the best in his future endeavours,” said Jonathan Hoyles, Perk’s Chief Executive Officer.

About Perk Labs Inc.

Perk Labs Inc. (CSE: PERK) (OTCQB: PKLBF) (FKT: PKLB) is the owner of Perk Hero, the mobile commerce platform on a mission to empower business owners with the digital tools to provide their customers with experiences that are more engaging, convenient and rewarding. Perk Hero is growing through a unique community-driven digital franchise business that is available to entrepreneurs at an attractive start-up price.

For more information about Perk Labs, please visit www.perklabs.io. Visit Perk Hero at www.perkhero.com.

For more information on a Perk Franchise, visit  www.perkfranchise.com.

For more information contact:

Jonathan Hoyles

CEO

Perk Labs Inc.

(833) 338-0299

investors@perklabs.io

Forward-Looking Statements

This press release contains forward-looking information or forward-looking statements (collectively “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: “may”, “believe”, “thinks”, “expect”, “exploring”, “expand”, “could”, “anticipate”, “intend”, “estimate”, “plan”, “pursue”, “potentially”, “projected”, “should”, “will” and similar expressions, or are those, which, by their nature, refer to future events. These forward-looking statements, which involve risks and uncertainties, relate to, among other things, the discussion of the Company’s business strategies and its expectations concerning future operations. Although the Company considers these forward-looking statements to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties, and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance and that actual results may differ materially from those in forward-looking statements. Undue reliance should not be placed on such forward-looking information, as there can be no assurance that the plans, intentions, or expectations upon which they are based will occur.

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