ParcelPal (OTC: $PTNYF) (CSE: $PKG.C) Adds Additional #Vancouver #Restaurants to On Demand Delivery App; @ParcelPals
Vancouver, British Columbia, Canada - June 7, 2017 (Investorideas.com Newswire) ParcelPal Technology Inc. (OTC: PTNYF) (CSE: PKG.CN) (FSE:PT0) ("ParcelPal" or the "Company"), the Vancouver based on demand delivery company is pleased to announce the expansion of restaurant offerings in downtown Vancouver.
The recent beta launch of their iOS application, has been testing with private users in the City of Vancouver with 20 restaurants and has quickly gained success. As a result, The Company has announced today that they will be expanding their offerings and adding 50 additional restaurants within the downtown Vancouver region to their platform. The iOS application currently handles all aspects of food delivery by bringing the restaurants and customers together on one single platform.
President and CEO Kelly Abbott states, "We're very excited to be adding these new restaurants to our platform, and we are expecting to add another 50 in the month ahead. We have been very pleased with the results of our beta thus far, and we are working very hard to expand offerings in each vertical of our business. We are looking forward to expanding our footprint into other cities across the lower mainland and Canada. This is the first major phase to offer our customers the best of Vancouver, delivered to their doorsteps."
"These restaurants represent a key milestone to becoming Canada's largest on demand delivery marketplace. We've been actively engaging our user base in the private beta and the overall feedback has been tremendously positive. We are very confident for a full launch in the coming months." said Dylan McRobert, ParcelPal's Marketing Director.
More About the Beta
Select beta test users are able to order from their favorite restaurants through ParcelPal and have the food delivered to their doorsteps within an hour or less. The first phase of the application consists of food delivery from local Vancouver restaurants. ParcelPal will expand their offerings with the addition of alcohol, retail and a ‘corner store' feature to the platform.
To celebrate the launch and to give select Vancouverites a taste of the best restaurants the city has to offer, ParcelPal is offering free delivery on all orders in the Vancouver delivery zone for the duration of the private beta. If you would like to be included sign up at: try.parcelpal.com/beta-van.
How It Works
Through the ParcelPal iOS app, customers enter their address and view a list of merchants available in their neighborhood. Once the customer makes a selection, they simply place the order and pay online through ParcelPal secure ordering platform. The order is then prepared by the restaurant and brought directly to customers by a ParcelPal driver anywhere they are in Vancouver.
About ParcelPal Technology Inc.
ParcelPal is a technology driven logistics company that connects consumers to the goods they love. Customers can shop at partner businesses and through the ParcelPal technology receive their purchased goods within an hour. The Company offers on-demand delivery of merchandise from leading retailers, restaurants, medical marijuana dispensaries and liquor stores in Vancouver and soon in major cities Canada-wide.
ParcelPal Website: www.parcelpal.com
The Canadian Securities Exchange ("CSE") or any other securities regulatory authority has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release that has been prepared by management.
CSE - Symbol: PKG
FSE - Symbol: PT0
OTC - Symbol: PTNYF
Shares issued and outstanding: 29,514,058
Contact: Kelly Abbott, President, ParcelPal Technology, Inc. - 604-401-8700
Forward Looking Information
This news release contains forward looking statements relating to the Proposed Transaction, and the future potential of ParcelPal. Forward looking statements are often identified by terms such as "will", "may", "should", "intends", "anticipates", "expects", "plans" and similar expressions. All statements other than statements of historical fact, included in this release are forward looking statements that involve risks and uncertainties. These risks and uncertainties include, without limitation, the risk that the Proposed Transaction will not be completed due to, among other things, failure to execute definitive documentation, failure to complete satisfactory due diligence, failure to receive the approval of the CSE and the risk that ParcelPal will not be successful due to, among other things, general risks relating to the mobile application industry, failure of ParcelPal to gain market acceptance and potential challenges to the intellectual property utilized in ParcelPal. There can be no assurance that any forward looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
The Company cannot guarantee that any forward looking statement will materialize and the reader is cautioned not to place undue reliance on any forward looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward looking statements contained in this news release are expressly qualified by this cautionary statement. The forward looking statements contained in this news release are made as of the date of this news release and the Company will only update or revise publicly any of the included forward looking statements as expressly required by Canadian securities laws.
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