Perk Labs Announces New Marketing Campaign

Vancouver, Canada / June 22, 2020 / Perk Labs Inc. (CSE:PERK / OTCQB:PKLBF / FKT:PKLB) (“Perk Labs” or the “Company”) the parent company of Perk Hero, the all-in-one mobile ordering, “contact free” payments and loyalty app, today announced that it has rolled out a new “Keep it Local” marketing campaign.  We also leveraged this campaign via the Daily Hive Vancouver’s digital channels, with a target audience reach of over 40,000 people.

Inspiring consumers to shop local and advising brick-and-mortar businesses to adopt digital tools has been amplified by adapting to COVID-19 protocols. These are very challenging times, especially for small businesses, and it is more important now than ever for local businesses to adapt and pivot through mobile technology to encourage purchasing opportunities from consumers. We have seen this trend take shape through initiatives such as digitalmainstreet.ca and locobc.ca. Should a second wave of COVID-19 occur, it is crucial that businesses be digitally enabled now to not lose out on critical revenues.

Perk Hero provides customers a better way to shop.  All of the tools in the Perk Hero app have been designed with empowering independent businesses in mind. By downloading Perk Hero, an independent business can quickly and easily convert a smartphone or tablet into a device that can accept contact-free payments through both its ordering and pay-by-scanning-QR technology. At Perk Hero, our goal is to ensure that local entrepreneurs can use these new digital tools to thrive in the current and post COVID-19 world.

Since launching April 2nd, Perk Hero has quickly expanded its network of merchants. Launching with only 5 merchants, just as COVID-19 forced many businesses to pause or cease operations, we now have over 60 merchants signed onto our platform, a number that has been growing at an accelerated pace. These new Perk Hero-enabled merchants include restaurants, cafes, dental clinics, and several small businesses such as fitness trainers, artisans, and professional consultants.

We see developing a large base of merchants within communities as essential to growing our user base. As we expand to new cities, developing a critical mass of merchants will be key to our success.  As Perk Hero refines its marketing channels and advances new product features, we are establishing a marketing playbook that can be easily replicated in other cities across North America. We have been working with niche Instagram influencers, as well as launched our short-form video campaigns on social media channels which can be viewed here:

Learn more about Perk Hero’s Keep It Local campaign here: https://perkhero.com/keep-it-local-with-perk-hero/

About Perk Labs Inc.

Perk Labs Inc. is the owner of Perk Hero, a digital loyalty management platform that enables merchants to provide their customers with digital rewards and a more engaging and convenient customer experience. For more information about Perk Labs, please visit www.perklabs.io

For more information, contact:

Jonathan Hoyles CEO

(833) 338-0299 investors@perklabs.io

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

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 success of its marketing campaigns, growth of Perk Hero’s merchant and user base, and that its marketing playbook can be easily replicated across cities in North America. 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 Adds Two New Features to Perk Hero: Delivery and Refer-A-Friend

Vancouver, Canada / May 29, 2020 / Perk Labs Inc. (CSE:PERK / OTCQB:PKLBF / FKT:PKLB) (“Perk Labs” or the “Company”) the parent company of Perk Hero, the all-in-one mobile ordering, contact-free payments and loyalty app, announced today that Perk Hero has added two new features including a convenient delivery option and an innovative, in-app “refer-a-friend” program that rewards referrals and fuels business growth.

“We believe our refer-a-friend feature is a valuable addition to Perk Hero, given the amount of purchases that are now made on mobile,” said Perk Hero’s CEO Jonathan Hoyles. “It’s a clear and simple proposition that benefits everyone involved, consumers and retailers alike. When users refer a friend, they’ll receive rewards each time their friend makes a purchase. This provides an incentive for users and “super connectors” such as social media influencers to use referral links when recommending a particular business.”

The worldwide pandemic has led to a marked increase in ‘retail to go’ — consumers using apps to place and pay for an order for delivery or pickup. As a result, retailers are rapidly adapting to the changing retail landscape, boosting their mobile marketing, introducing contactless payments and rolling out QR codes to attract more consumers and increase retail volume. SMBs, in particular, are looking for turnkey solutions that don’t involve additional hardware or expensive payment acceptance technologies.

Perk Hero is ideally positioned to provide SMBs with an affordable alternative to a variety of high commission delivery platforms. It aims to change the current landscape by giving restaurants and other retailers the ability to offer their own area delivery, while providing loyalty rewards and ongoing engagement opportunities to customers for their patronage.

“As a busy meal preparation service, our business relies heavily on pick up, takeout and delivery orders,” said Nick Haddad of Farmer’sMeal.ca. “We’re very happy to hear that Perk Hero has added this feature.”

Raj Khaira-Bassi, owner of Spicy 6 restaurant added, “Considering our location and the density of the Vancouver core, offering delivery is just one of the ways we provide value to our customers. So glad to hear we can also offer this service using Perk Hero.”

Retail experts predict that market demand for contactless delivery will continue to grow long after the pandemic ends. It’s clear, they say, that consumers enjoy the convenience of having their groceries and other packages dropped off at their doorstep without direct in-person interaction, and the pandemic has accelerated that demand. Andrew Lipsman, author of Frictionless Commerce 2020, believes this trend is unlikely to abate.

“Perk Hero is well suited for this type of frictionless buying and contactless delivery,” said Hoyles. “We’re excited to add additional features for our customers when the time is right to enhance the virtual experience for diners and shoppers. Our frictionless platform compliments this whole new class of mobile and online transactions and lays the foundation for us to enable merchants to use our app for dropship delivery. It opens a world of potential for Perk Hero and its users and we’re ready to take advantage of new market trends as they arise.”

More information about Perk Hero’s offering can be found at www.perkhero.com and stakeholders can read about the Company’s strategy and ongoing advancements in technology on the company blog, which can be viewed at https://medium.com/@perk_labs.

About Perk Labs Inc.

Perk Labs Inc. is the owner of Perk Hero, a digital loyalty management platform that enables merchants to provide their customers with digital rewards and a more engaging and convenient customer experience. For more information about Perk Labs, please visit www.perklabs.io

For more information, contact: Jonathan Hoyles CEO

(833) 338-0299 investors@perklabs.io

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

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 use of refer-a-friend will lead to an increase in the number of Perk Hero users, that there will be demand for Perk Hero’s new delivery feature, and that Perk Hero will be able to enable merchants to use dropship delivery and take advantage of new market trends. 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 Entry Into New Verticals

Vancouver, Canada / May 7, 2020 / Perk Labs Inc. (CSE:PERK / OTCQB:PKLBF / FKT:PKLB) (“Perk Labs” or the “Company”) the parent company of Perk Hero, the all-in-one mobile ordering, “contact free” payments and loyalty app, announced today it has formally launched new verticals and unveiled the design of its new contact free payment method for safe-distance payments.

With COVID-19 and evolving health and physical distancing guidelines, zero contact payments are top of mind for both consumers and businesses, seeking comfort, safety and speed at checkout. According to the ​National Institutes of Health​, the virus that causes ​COVID-19 can live on plastic like credit cards and payment terminals for up to 3 days​.

As businesses begin making their plans to re-open after being in a state of lockdown, they will need innovative and creative solutions to operate their businesses while maintaining safe physical distancing. In addition to new sanitation guidelines and physical distancing signage, innovative technologies such as mobile ordering, no-touch “contact free” payments and digital loyalty will play an important role in improving staff and customer safety.

“Payments must shift from close physical proximity between staff and customers and frequent contact with shared payment devices to a ​“contact free” payment model that maintains physical distancing with every transaction​” says CEO Jonathan Hoyles. “This development has accelerated the acceptance and adoption of mobile payments, ordering and digital loyalty technology. Perk Hero will play an important role in equipping small businesses with this technology to improve safety for their staff and customers.”

“Contact Free” or “Zero contact” payments are different from the often used term “contactless” payments which has become synonymous with the use of tapping plastic credit cards or a smartphone on a credit card reader. Tapping a plastic credit card or smartphone on a hardware device still requires you to be in close proximity to the hardware device and the cashier. Further, if the payment is in excess of the limit for contactless payment, the customer is required to either key in a pin on a pinpad or provide their signature by using a stylus or finger.

In contrast to contactless payments, “contact free” payments require absolutely no touch and can be made from a safe physical distance.

By downloading Perk Hero, Merchants can quickly and easily convert a smartphone or tablet into a device that can accept contact free payments through both its ordering and pay-by-scanning-QR technology. In addition to the need for “pay-from-table” in restaurants and cafes, we see the need for “contact free” payments in multiple verticals including:

  • Dental Clinics
  • Medical Professionals
  • Retail Stores
  • Health and Beauty

The initial merchants in these verticals that have signed up to be listed on the Perk Hero App include three dental clinics and a hair salon/barber shop. We have also seen a tremendous amount of interest in contact free payments from restaurateurs as they prepare to re-open their doors for dine-in.

We have created the below payment stand for placement in these locations so that customers can be aware that they can safely pay by QR code and earn rewards every time they pay.

Perk Hero – Scan QR payment stand

 

More information about Perk Hero’s offering can be found at www.perkhero.com and stakeholders can read about the Company’s strategy and ongoing advancements in technology on the company blog, which can be viewed at https://medium.com/@perk_labs.

About Perk Labs Inc.

Perk Labs Inc. is the owner of Perk Hero, a digital loyalty management platform that enables merchants to provide their customers with digital rewards and a more engaging and convenient customer experience. For more information about Perk Labs, please visit www.perklabs.io

For more information, contact: Jonathan Hoyles CEO

(833) 338- 0299

investors@perklabs.io

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

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, expanding to new verticals including Dental Clinics, Medical Professionals, Retail Stores, and Health and Beauty, that Perk Hero will play an important role in equipping small businesses with this technology to improve the safety of customers and staff, and the amount of interest and demand from restaurateurs who are planning to re-open their business. 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 First Quarter 2020 Results

Vancouver, Canada, April 28, 2020 ― Perk Labs Inc. (formerly Glance Technologies Inc.) (CSE:PERK / OTCQB:PKLBF / FKT:GJT) (“Perk Labs” or the “Company”), today announced financial results for the first quarter and period ended February 29, 2020.  Please note that on April 29, 2020, our ticker symbol on the Frankfurt Stock Exchange will change from GJT to PKLB.

Overview

 In the first quarter, we saw a significant reduction in our general and administrative expenses. We also completed a private placement, invested in our product development, signed an important agreement with Alipay, added to our bench strength with a talented sales executive, and conducted beta testing for Perk Hero, our all-in-one mobile ordering, contactless payment and loyalty app.

“The past actions we took to reduce our costs and rebuild our product have placed our Company in a better position to deliver value to our customers during the crisis caused by the COVID-19 pandemic.” said Perk Labs’ CEO Jonathan Hoyles. “During a time when we have seen massive layoffs in our industry, our lean, nimble and talented team has continued to work hard to provide merchants with Perk Hero’s mobile ordering, contactless payment and customer loyalty platform that solves the problem of paying from a safe social distance.”

The past investment we made in upgrading our technology has streamlined our development process and has helped to accelerate our introduction of new product features. As restaurants and cafés have been forced to close in-dining options and shift to curbside pickup and delivery amid the COVID-19 pandemic, restaurant owners have struggled with the high commissions charged by the major delivery platforms. Perk Hero has rapidly been developing a low cost alternative to a variety of high commission based delivery platforms and aims to change the current landscape by giving merchants the ability to offer their own delivery in their desired surrounding area while rewarding their customers for their patronage and engagement.

As businesses begin making their plans to re-open after being in a state of lockdown, they will need innovative and creative solutions to operate their businesses while maintaining social distancing to keep customers and staff safe. In addition to new sanitation guidelines and physical distancing signage, innovative technologies such as mobile ordering, no-touch contactless payments and digital loyalty will play an important role in improving staff and customer safety.

“We have more work to do, and we will continue to take actions to strengthen our business.” said Perk Labs’ CFO Tracey St. Denis. “Our first quarter represents significant progress in reducing expenditures at the same time as aligning our strategy with execution and marketing plans.  This will be a 12 to 18 month transformation and I remain confident that we will unlock value for our stakeholders as our Company’s transformation accelerates.”

 Q1 2020 compared to Q1 2019 – Financial Highlights (all figures are rounded to the nearest thousand):

  • Working capital of $2,809,000 at February 29, 2020 compared to $11,348,000 at February 28, 2019 and no long-term debt (February 29, 2019 – $Nil).
  • General and administration expenses decreased for the three months ended February 29, 2020 to $457,000 (February 28, 2019 – $1,238,000) as a direct result of right-sizing the Company to respond to our business needs more efficiently with reduced head office expenses and improved accountability and visibility across teams.
  • Sales and marketing decreased for the three months ended February 29, 2020 to $157,000 (February 28, 2019 – $426,000) as a result of tightening expenditures.
  • Net loss of $1,218,000 in Q1 2020 compared to net income of $4,779,000 in Q1 2019.
  • Net loss in Q1 2020 represented $0.01 per share while net income in Q1 2019 represented $0.03 per share.

Q1 2020 Financial Highlights:

  • Revenue of $6,000 in Q1 2020 decreased 14% from $7,000 in Q1 2019.
  • Operating expenses of $700,000 decreased 64% from $1,925,000 in Q1 2019.
  • Loss from operations was $694,000 or $0.00 per share in Q1 2020, decreasing 64% compared to $1,918,000 or $0.01 per share in Q1 2019.
  • The overall net loss was $1,218,000 or $0.01 per share, compared to net income of $4,779,000 or $0.03 per share in Q1 2019.

Q1 2020 Highlights:

  • Entered into an agreement with Alipay, the world’s largest mobile payment platform, with 900 million Alipay users as of June 2019, to enable Alipay users to make payments on the Company’s payment platform and the Company will be harmonizing its QR codes to enable Alipay payment at Perk Hero This development will add value to Perk Hero merchants, who will be better positioned to benefit from a massive, new base of Alipay users who represent increased foot traffic, spending power and revenue.
  • Started beta testing of the new Perk Hero mobile application. Our new platform features new capabilities: pre-order and pick-up; contactless payment using Apple Pay and Google Pay; a gamified loyalty program; and merchant analytics.
  • Hired Christina Baker as the new Head of Sales. Prior to joining the Company, Christina served as the Regional Vice President, National Accounts, Western Canada at Moneris, Canada’s largest financial technology company that specializes in payment processing. While at Moneris, Christina led the Western National sales team to consistently achieve and exceed their annual quotas and the management of a portfolio representing over $23 billion in card processing and over 200 National Accounts in the region.
  • Re-branded the Company with a name, look and feel that resonates more with a younger demographic.
  • Completed a non-brokered private placement for proceeds of $176,495.
  • The Company named Jonathan Hoyles as permanent CEO.
  • Since December 31, 2019, the outbreak of the novel strain of coronavirus, specifically identified as “COVID-19”, has resulted in governments worldwide enacting emergency measures to combat the spread of the virus. These measures, which include the implementation of travel bans, self-imposed quarantine periods and social distancing, have caused material disruption to businesses globally resulting in an economic slowdown. Global equity markets have experienced significant volatility and weakness. Governments and central banks have reacted with significant monetary and fiscal interventions designed to stabilize economic conditions. The duration and impact of the COVID-19 outbreak is unknown at this time, as is the efficacy of the government and central bank interventions. It is not possible to reliably estimate the length and severity of these developments and the impact on the financial results and condition of the Company and its operations in future periods.

Subsequent to the period ended February 29, 2020, the following events occurred:

  • Launched Perk Hero. Our new platform features new capabilities: pre-order and pick-up; contactless payment using Apple Pay, Google Pay and Alipay; a gamified loyalty program; and merchant analytics. Perk Hero replaced the Company’s original mobile payment solution, Glance Pay. Glance Pay experienced a decrease in transactions as a consequence of the closure of in-dining restaurant services due to the COVID-19 pandemic. In order to save server-hosting and maintenance costs, the Company shut down Glance Pay on April 14, 2020.
  • Appeared on CityTV News. On April 9, 2020, the Company was featured on CityTV News and profiled as an alternative to the high commission food delivery platforms. The profile can be viewed at this link: https://www.citynews1130.com/video/2020/04/09/canadians-encouraged-to-order-takeout-food/
  • Launched a sales and marketing campaign encouraging merchants to sign up for Perk Hero. During the ongoing crisis, the Company is offering special reduced rates to support the restaurant and service industry and small businesses.  This campaign has resulted in more than 25 new merchants signing up for the Perk Hero app within the first month of launch.
  • Launched a special promotion to healthcare workers in Vancouver, BC. The Company activated all of its social media channels and offered a special promotion by providing an in-app credit to healthcare workers in Vancouver, BC.

Outlook

The Company’s strategic priorities for the remainder of fiscal 2020 include:

  • Continued development of the Perk Hero product through a series of build-measure-learn iterations and moving beyond the restaurant vertical.
  • Building an exceptional and world-class brand with a focus on high quality content.
  • Increasing the number of merchants and users using the Perk Hero
  • Using data, technology, and inbound selling to ramp up sales and revenue generation.
  • Sign enterprise accounts for the Company’s white label solution.

The Company’s complete financial results are available in its Condensed Interim Consolidated Financial Statements and Management’s Discussion and Analysis for the three months ended February 29, 2020, each of which have been filed with Canadian securities regulators at www.sedar.com.

IFRS

The operational and financial information in this release is based on the consolidated figures in accordance with International Financial Reporting Standard (IFRS).

About Perk Labs

Perk Labs Inc. is the owner of Perk Hero, a digital loyalty management platform that enables merchants to provide their customers with digital rewards and a more engaging and convenient customer experience. For more information about Perk Labs, please visit www.perklabs.io

 For more information, contact:

Tracey A. St. Denis

Chief Financial Officer

tracey@perkhero.com

833-338-0299

investors@perklabs.io

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

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 Perk Labs’ business strategies and its expectations concerning future operations, that the Company will experience a 12 to 18 month transformation that will unlock value for its stakeholders, that the Company is in a better position to deliver value to our customers during the crisis caused by the COVID-19 pandemic, that the Company will give merchants the ability to offer their own delivery in their desired surrounding area while rewarding their customers for their patronage and engagement, the continued development of the Perk Hero product through a series of build-measure-learn iterations and that the Company will move beyond the restaurant vertical, that the Company will build an exceptional and world-class brand, that the Company will increase the number of users and merchants using the Perk Hero platform, that the Company will ramp up of sales and revenue generation, that the Company will sign enterprise accounts for the Company’s white label solution. Although Perk Labs 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. For additional information with respect to these and other factors and assumptions underlying the forward-looking statements in this press release, see the section entitled “Risk Factors” in the most recent Annual Information Form and Prospectus of Perk Labs, which may be accessed through Perk Labs’ profile on SEDAR at www.sedar.com. Perk Labs cautions investors that any forward-looking information provided by Perk Labs 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 Hero Offers a Friendly Alternative to High Commission Mobile Ordering Apps for Restaurants

Vancouver, Canada / April 23, 2020 / Perk Labs Inc. (CSE:PERK / OTCQB:PKLBF / FKT:GJT) (“Perk” or the “Company”) the parent company of Perk Hero, the all-in-one mobile ordering, contactless payments and loyalty app, announced today its plans to provide its merchants with a soon-to-be-released delivery feature that will empower merchants to offer their own delivery option.

As restaurants and cafés have been forced to close in-dining options and shift to curbside pickup and delivery amid the COVID-19 pandemic, restaurant owners struggle with high commissions charged by the major delivery platforms.

Perk Hero is a low cost alternative to a variety of high commission based delivery platforms and aims to change the current landscape by giving restaurants the ability to offer their own delivery in their desired surrounding area while rewarding their customers for their patronage and engagement.

“Restaurants have expressed their dissatisfaction of paying exorbitant transaction fees of 25% to 30% per order to the major food delivery apps,” said Perk Lab’s CEO Jonathan Hoyles. “We created a high-quality product and offer a favourable price point of 5% per order during this critical period when restaurants are struggling.”

Perk Hero differentiates on more than just price by offering a better digital customer experience. Every time a customer pays they earn “cash back” in the form of coins and experience points towards “leveling up” to increase their reward earning power. At the same time, merchants get real-time transactional data and access to tools to drive customer loyalty and increase revenue.

“We created a platform that will help merchants set up mobile ordering, pickup and delivery in an affordable and seamless way, making their economic situation during outbreak less precarious,” said Hoyles. “If there ever was a time for businesses to pivot and create a customer continuity plan that includes strengthened digital channels of customer communication, it’s now.”

Available in android and iOS, restaurants can quickly and easily onboard within the Perk Hero app and gain access to a streamlined merchant dashboard, and create new customer communications, menus and customer incentives.

“With Perk Hero, restaurants that previously didn’t have the resources to offer an efficient pre-order and pick up operation now have the opportunity to be quickly setup to offer that service with our app,” said Hoyles. “Some businesses have already gotten creative and re-purposed their staff to conduct neighbourhood deliveries. We have heard from our merchant partners that they want the tools to receive on-demand delivery orders and provide their own delivery services to their customers – we will be empowering restaurants to do just that.”

More information about Perk Hero’s offering can be found at www.perkhero.com and stakeholders can read about the Company’s strategy and ongoing advancements in technology on the company blog, which can be viewed at https://medium.com/@perk_labs.

The Company also announced today that its CFO, Tracey A. St. Denis, has agreed to be partially compensated in stock for extra hours worked on the Company’s most recent audited annual financial statements and that on a go-forward basis she will be compensated for one fourth of her time in Perk Labs’ shares. Tracey believes deeply in the value and promise of Perk Labs, and this is demonstrated by her commitment to forego cash compensation in exchange for the potential future value of Perk Labs’ stock. This compensation arrangement is also consistent with the Company’s efforts to spend wisely, conserve cash and create a sense of ownership among its employees and officers.

About Perk Labs Inc.

Perk Labs Inc. is the owner of Perk Hero, a digital loyalty management and payment platform that enables merchants to provide their customers with digital rewards and a more engaging and convenient customer experience. For more information about Perk Labs, please visit www.perklabs.io

For more information, contact:

Jonathan Hoyles

CEO

(833) 338-0299

investors@perklabs.io

 

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

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 market acceptance of and response to Perk Hero’s features,  and the launch of Perk Hero’s delivery feature. 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 Officially Launches Perk Hero – Featuring Mobile Ordering, Contactless Payments and Digital Loyalty

Vancouver, Canada / April 2, 2020 / Perk Labs Inc. (formerly Glance Technologies Inc.) (CSE:PERK / OTCQB: PKLBF / FKT: GJT) (“Perk” or the “Company”) today announced the official launch of Perk Hero, its all-in-one mobile ordering, contactless payments and digital loyalty platform for businesses. Perk Hero is now available in the Apple App Store and Google Play Store in both the United States and Canada – download it by clicking on the following links:

Apple App Store (Canada): https://apps.apple.com/ca/app/perk-hero/id1485811954

Apple App Store (US): https://apps.apple.com/us/app/perk-hero/id1485811954

Google Play Store: https://play.google.com/store/apps/details?id=com.perkhero

Merchants can download the Perk Hero App and go through a quick and easy onboarding process, set up their own profile and menu, and quickly start taking mobile pre-orders and safe contactless digital payments. Onboarding and support information for merchants can be found at: https://perkhero.com/help-center-merchants/

Perk Hero provides merchants with the technology to engage with their customers and reward them every time their customer orders and pays. Merchants can access a streamlined dashboard to grow and track orders and payments, collect business intelligence and create personalized marketing offers — all of which create a more positive customer experience, leading to increased operational efficiency and revenue growth. A custom-branded white label enterprise solution is also available.

“With the ongoing COVID-19 crisis, more than ever before, we are seeing the need and demand for mobile ordering and safe contactless digital payments” said Jonathan Hoyles, CEO of Perk Labs. “Perk Hero empowers merchants to be able to quickly and seamlessly convert their smartphone or tablet into a device that can accept safe and contactless mobile orders and payments.”

Perk Hero changes the way consumers order and shop by gamifying their experience and providing them with digital loyalty rewards every time they make a payment. Perk Hero uses game design elements to engage customers, build loyalty and incentivize them to pre-order from home, make quick and secure contactless mobile payments in-store, and earn instant rewards.

Perk Hero incorporates fun gaming elements that appeal to Gen Z and Millennials, which represent a large and valuable segment of the population. They grew up as digital natives and are not only comfortable, but prefer using mobile apps and smartphone technology. By leveraging artificial intelligence, data analytics and gamification technology, Perk Hero provides users with a more engaging user experience. The app encourages users to choose an avatar, complete quests or challenges, and collect coins for every dollar spent with easy redemption through the app.

“In order for businesses today to cultivate brand loyalty and increase revenue with the younger demographic, they must find ways to create meaningful interactions,” said Hoyles. “Perk Hero does just that by offering a range of features from quests and gamified activities that involve levelling up via earned experience points for each transaction or completed activity.”

Concurrent with the official launch, Perk Hero also launched a marketing campaign encouraging merchants to sign up for Perk Hero. During the ongoing crisis, the Company is offering special reduced rates to support the restaurant and service industry and small businesses.  The Company also activated all of its social media channels today and will be offering a special promotion by providing an in-app credit to healthcare workers in Vancouver, BC.

In March, Perk Labs announced a partnership between Perk Hero and Alipay, the world’s largest mobile payment platform with 900 million users, where Alipay users will have the option to use Alipay as their preferred payment method at participating Perk Hero merchant locations. This payment option within Perk Hero will help merchants leverage a new and ever expanding global market of predominantly Chinese visiting Canada and the U.S. each year.

About Perk Labs Inc.

Perk Labs Inc. is the owner of Perk Hero, the all-in-one mobile ordering, contactless payments and digital loyalty platform for businesses that enables merchants to provide their customers with digital rewards and a more engaging and convenient customer experience. For more information about Perk Labs, please visit www.perklabs.io

For more information, contact:

Jonathan Hoyles

CEO

(833) 338-0299

investors@perklabs.io

 

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

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 Perk Hero will change the way that customers shop and order, that Perk Hero will increase revenue for merchants, and the commercial launch of Perk Hero. 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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