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ParcelPal Appoints Node JS Specialist and Cloud Integrator to CTO Role

Tickers: XCNQ:PKG, PINX:PTNYF
Tags: Technology, Transportation



Vancouver, British Columbia, Canada / TheNewswire / March 13, 2018 - ParcelPal Technology Inc. ("ParcelPal" or the "Company"), (PKG:CSE) (FSE:PT0) (OTC:PTNYF) is pleased to announce the appointment of Cody Halovich to the role of CTO.

Mr. Halovich has a full spectrum background in software development, working professionally in the industry since the age of 14. A veteran of multiple technology based startups, he brings a wealth of knowledge in cloud technologies, software design, and technology leadership. His 20 years of development experience, 10 years of cloud automation, and experience dealing with remote development teams will help elevate ParcelPal to leadership level in the On-Demand uberization of parcel delivery. Cody will be actively working on scaling the platform to further enable ParcelPal the ability of expansion.

Prior to joining ParcelPal, Mr. Halovich was most recently serving in his own company, SixOhQuad Consulting Inc., helping the British Columbia Automobile Association (BCAA) move from fully on-premises infrastructure, into Amazon Web Services (AWS). Adopting AWS's Infrastructure, and Platform-as-a-Service model, he helped improve business continuity, restructured cost, and helped lead their world-class team into the cloud. Aside from his Cloud Architecture work at BCAA, in the last 10 years, Mr. Halovich has helped PayByPhone Technologies, the world's largest Parking Payments platform, transition from an ITIL, self-managed team, to a DevOps embracing, fast moving powerhouse. Before PayByPhone, he facilitated HootSuite to reach data-scalability, allowing them to realize their massive growth plans. HootSuite still serves as the largest player in the Social Media Management sector.

Cody will be auditing and revamping the existing technology platform for business continuity and scalability. He will help bring visibility of ParcelPal's technology development to a larger distribution audience.

Kelly Abbott, President and CEO of ParcelPal, commented: "Bringing Cody on as CTO is quite a coup. We intend to leverage his all-round tech savvy to enhance the existing paradigm of on demand delivery. Cody has an extremely valuable skillset in NodeJS which will serve well for scalable event driven application. We look forward to Cody taking our platform to the next level vis-a-vis security, scalability, and stability."

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

Contact: Peter Hinam, Investor Relations - peter@parcelpal.com

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.

Copyright (c) 2018 TheNewswire - All rights reserved.

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