Freshlocal Expands Partnership with Digital Technology Supercluster with New Funding Focused on Reducing Food Waste

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VANCOUVER, BC, 20 December 2021 / CNW / – Freshlocal Solutions Inc. (TSX: LOCL) (OTC: FLOCF) (“Freshlocal” or the “Company”) is pleased to announce that it has been awarded a $ 800,000 investment of Digital supercluster (the “Supercluster”) to further enhance its FoodX electronic grocery management solution (eGMS), with a focus on safe food delivery and reduced food waste. This investment is a continuation of the work previously carried out in partnership with leading companies involved in the Supercluster such as Microsoft, Adaptech, ETG Consulting, 1QBit, OpsGuru and the online grocery supplier of Freshlocal – SPUD.ca .

Logo Freshlocal Solutions Inc. (CNW Group / Freshlocal Solutions Inc.)

At the onset of the COVID-19 pandemic, food security became a critical issue for precarious workers, frontline responders, and Canadians across the country facing food insecurity when reliable food supply chains front. the pandemic were disrupted. Working with the Supercluster, FoodX improved and scaled its eGMS systems to support the safe delivery of food to Canadian frontline workers, an emerging essential service, during the pandemic. The new investment of the Supercluster of $ 800,000 support system enhancements designed to reduce inventory and labor costs, improve system throughput and reduce food waste within the grocery store, thereby further supporting the effective, efficient and reliable delivery of food to those who need it most.

“As part of the Supercluster’s commitment to continue supporting Canadians in the fight against the pandemic, thanks to this investment, the Supercluster is supporting FoodX’s development of improved digital solutions that will allow all Canadians to benefit from services. safe, profitable and sustainable grocery store, “mentioned Sue Paish, CEO of the Digital Supercluster. “We are honored to support this ambitious company and excited to see lasting benefits for Canadians through the work of FoodX. “

“We are very excited to expand our partnership with the Supercluster to address an issue as important as food security with new ideas and new technologies,” said Freshlocal President and CEO, Simon cairns. “Grocery stores operate as an essential service while embracing the rise of e-commerce in the grocery industry. Our view is that reducing food waste must remain a top priority, and our work with the Supercluster can provide viable solutions to this global challenge. “

About the Digital Technologies Supercluster

A head start starts here. The Digital Technologies Supercluster is building a better Canada by growing Canadian businesses, creating a skilled digital workforce, and positively impacting lives across the country. We are accelerating the development and adoption of digital technologies that keep Canadians healthy, fight climate change and boost economic productivity. Through a powerful combination of co-investment, cross-sector collaboration, intellectual property creation and digital talent development, we unleash the potential of Canadians to lead and succeed in the digital world.

About Freshlocal Solutions Inc.

Freshlocal Solutions is a Vancouvermarket-based company that is building a leading position in providing end-to-end grocery e-commerce solutions. The Company operates two core businesses, FoodX and eGrocery, both of which support its corporate mission to innovate food systems for people, planet and prosperity. Food-X Technologies (“FoodX”) is Freshlocal Solutions’ scalable, end-to-end eGMS (eGMS) solution for SaaS-based grocery management, designed to meet the needs of large and small food retailers while providing a single unit. economically profitable. The FoodX eGMS is the culmination of over 20 years of online grocery shopping experience and the company’s proven track record of delivering efficient, sustainable and profitable delivery. The Company’s consumer electronic grocery business has become one of the from Canada leading online grocery companies, with a focus on delivering fresh, local and organic products and groceries, as well as exceptional customer experiences. Freshlocal Solutions serves the main urban markets of Alberta and British Columbia through its physical stores operating under the Blush Lane and Be Fresh banners, as well as through SPUD.ca, the company’s award-winning online grocery platform. The common shares of Freshlocal are listed on the Toronto Stock Exchange under the symbol “LOCL”. Please visit www.freshlocalsolutions.com.

Notice on forward-looking information

Certain statements and information contained in this document, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include, without limitation, statements or information regarding the Supercluster and the receipt of such funding.

Often, but not always, forward-looking statements or information can be identified by the use of words such as “estimate”, “plan”, “belief”, “anticipate”, “intend”, “expect” , “Plan”, “anticipate”, “may” or “should” and the negative of such words or such variations or comparable terminology are intended to identify forward-looking statements and information.

With respect to the forward-looking statements and the information contained in this document, the Company has made numerous assumptions, including, among others, assumptions regarding the general business and economic conditions of the Company and the market in which it operates. The foregoing list of assumptions is not exhaustive. Although the management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that the forward-looking statements or the information contained herein will prove to be correct. Forward-looking statements and information, by their nature, are based on assumptions and involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or the results of the company. industry, are significantly different from future results, performances or achievements. expressed or implied by such forward-looking statements or information. These factors include, but are not limited to: risks associated with the business of the Company; business and economic conditions in the online grocery industry in general; supply and demand for labor and other project inputs; changes in the prices of raw materials; changes in interest and exchange rates; risks associated with unforeseen operational difficulties (including failure of technology or processes to perform to specifications or expectations, escalating costs, unavailability of materials and equipment, government action or delays in receiving government approvals, industrial disruptions or other professional actions, and unforeseen events related to health, safety and the environment); changes in general economic or financial market conditions; changes in laws; risks associated with the direct and indirect impact of COVID-19, including, but not limited to, its impact on general economic conditions; the ability to obtain financing when needed; and other risk factors as detailed from time to time. The Company does not undertake to update forward-looking information, except in accordance with applicable securities laws.

SOURCE Freshlocal Solutions Inc.

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