Hapbee Expands Management Team to Support Aggressive Growth Strategy

VANCOUVER, BC, August 6, 2021 / CNW / – Hapbee Technologies, Inc. (TSXV: HAPB) (OTCQB: HAPBF) (FSE: HA1) (“Hapbee” or the “Company”), the leading wearable technology and wellness company has announced the appointment of two senior technology executives: Eric Brassard as Director of Revenue and Yannick Desjardins as CTO.

Eric Brassard joins Hapbee as Chief Revenue Officer, where he will oversee marketing, data, strategy and growth. A recognized leader in scaling disruptive technologies for consumer-centric businesses, Brassard brings to this role more than 20 years of expertise in database marketing, customer analytics and artificial intelligence systems. His extensive experience includes senior management and C-Suite roles at Saks Fifth Avenue, Microcell, Bell Aliant, Rogers, Avon, Reader’s Digest, Fido and others.

the new CTO of Hapbee, Yannick Desjardins, will be responsible for leading the company’s engineering, technology and systems architecture. An industry leader in building a scalable architecture in systems and hardware. Desjardins brings nearly 30 years of proven experience in supporting commercial products for world-class technology organizations. His impressive career has included product and technology leadership roles at AirBnB, bciti, PIICCO and many more.

The addition of Brassard and Desjardins to the Hapbee team marks further progress for the company, which welcomed the new general manager Yona Shtern in June 2021. The three executives will be based in Montreal.

“The opportunity to add two accomplished leaders like Eric and Yannick to the Hapbee team is indicative of the momentum that drives our business forward,” said Shtern. “Hapbee is an ambitious organization with a unique and cutting edge product. In order to innovate and grow, we’re adding visionaries with a proven track record of scaling disruptive, consumer-friendly technologies like ours. These world-class leaders will be a catalyst in accelerating the company’s success and strategic expansion. “

Hapbee, described by users as “a stroke of genius” and “revolutionary,” recently released its eighth and last signal, Boost, which provides users with a caffeine-free, calorie-free energy boost whenever they need it. This too marked important milestones, including a 16% month-over-month increase in the active user base in June 2021 and achieve one million cumulative hours of use.

About Hapbee
Hapbee is a portable magnetic field technology company that aims to help people choose how they feel. Powered by EMulate Therapeutics patented ultra-low radio frequency energy (ulRFE®), Hapbee delivers low power electromagnetic signals designed to produce sensations such as Happy, Alert, Focus, Relax, Boost and others.

Hapbee is available for purchase at Hapbee.com.

You can learn more about how Hapbee works at www.hapbee.com/science.

Forward-looking information disclaimer
Certain statements included in this press release constitute forward-looking information or statements (collectively, “forward-looking statements”), including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “s. ‘expect’, ‘intend’, ‘may’, ‘should’ and similar expressions as they relate to the Company or its management. Forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward-looking statements. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors. Any statement regarding Hapbee’s marketing and product development initiatives; and the introduction of new products or services; are all forward-looking information. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. These statements and information are based on numerous assumptions regarding the Company’s ability to achieve its planned marketing and product development initiatives and the Company’s ability to complete its e-commerce deployment and large-scale commercial launch as planned. .

Factors that could cause actual results to differ materially from forward-looking statements include, but are not limited to, lack of uptake by users of the Boost signal, the inability of the signal to produce the desired effects, delays in the design, production, manufacture, development or dissemination of signal mixes, the collection of usage data by customers, or the Company may not be able to meet its objectives as intended or not at all ; changes in laws and regulations; increased operating costs; equipment failures; failure of counterparties to meet their contractual obligations; litigation; loss of directors, employees, advisers or key consultants and fees charged by service providers. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These risks, uncertainties and assumptions include, without limitation, those described in Hapbee’s annual information form dated January 27, 2021, a copy of which is available on SEDAR at www.sedar.com, and could cause actual events or results to differ materially from those projected in the forward-looking statements. These statements should not be interpreted as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those implied by such statements. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances, except as required by law. Readers should not place undue reliance on the Company’s forward-looking statements.

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

For more information: Daniel Southan-Dwyer, Corporate communication, E: [email protected], W: www.hapbee.com

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SOURCE Hapbee Technologies Inc.

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