GetSwift Announces the Resignation of Bane Hunter and Appointment of Joel Macdonald as Interim CEO

NEW YORK--(BUSINESS WIRE)--GetSwift Technologies Limited ("GetSwift" or the "Corporation"; NEO: “GSW”), a leading provider of last mile SaaS logistics technology and services, announced the resignation of its Chief Executive Officer and board member, Bane Hunter. Mr. Hunter joined GetSwift in 2015 and was appointed CEO in 2018. During his tenure, Mr. Hunter successfully spearheaded the company’s growth, product innovation and acquisitions, making GetSwift a truly global concern.

“Bane’s passion for growing GetSwift into a global enterprise was only outmatched by his dedication to the GetSwift team,” said Stanley Pierre-Louis, Chair of the GetSwift Board of Directors, following Mr. Hunter's decision to leave the company. “While the board reluctantly accepts his resignation, we are grateful to Bane for his vision, dedication, and relentless efforts to achieve successful outcomes for the company, its employees and, most importantly, its shareholders. Bane's future will no doubt be filled with successes,” Mr. Pierre-Louis continued.

Mr. Hunter said, “I would like to thank the board of directors, the whole GetSwift team, and especially our founder Joel Macdonald, for their tremendous support and for allowing me to be part of this amazing journey with GetSwift. I am especially proud that we delivered for shareholders as requested – increased revenues, important global partnerships and an evolved product line. I have great confidence in the next phase of GetSwift's growth. I wish nothing but the best for the future of GetSwift,” Mr. Hunter continued.

The board of directors has appointed the company's founder and current President, Joel Macdonald, as Interim CEO, effective immediately. "We are excited about Joel's appointment as CEO of GetSwift. Having founded GetSwift, his imprint has been ever-present, making him the natural choice to lead the company at this time," stated Mr. Pierre-Louis.

"I am enormously proud to take the reigns during this critical period for GetSwift," stated Mr. Macdonald. "GetSwift continues to innovate and grow, always with the best interests of shareholders in mind," he continued. Mr. Macdonald also noted, "I would like to thank Bane for his leadership and friendship during his tenure at GetSwift."

About GetSwift Technologies Limited

Technology to Optimise Global Delivery Logistics

GetSwift is a technology and services company that offers a suite of software products and services focused on business and logistics automation, data management and analysis, communications, information security, and infrastructure optimization and also includes ecommerce and marketplace ordering, workforce management, data analytics and augmentation, business intelligence, route optimization, cash management, task management shift management, asset tracking, real-time alerts, cloud communications, and communications infrastructure (collectively, the “GetSwift Offering”). The GetSwift Offering is used by public and private sector clients across industries and jurisdictions for their respective logistics, communications, information security, and infrastructure projects and operations.

GSW is headquartered in New York and its common shares are listed for trading on the NEO Exchange under the symbol “GSW”.

Additional information regarding the Corporation is provided in the Corporation’s annual information form for the year ended June 30, 2021, which is available under the Corporation’s profile on SEDAR at www.sedar.com.

Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this news release and to other matters identified in public filings relating to the Corporation, to the future outlook of the Corporation and anticipated events or results and may include statements regarding the future financial performance of the Corporation. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts. Forward-looking Statements involve various risks and uncertainties and are based on certain factors and assumptions. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. The Corporation undertakes no obligation to update or revise any Forward-looking Statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Corporation to predict all of them, or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any Forward-looking Statement. Any Forward-looking Statements contained in this press release are expressly qualified in their entirety by this cautionary statement.