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News Releases


DANAVATION TECHNOLOGIES ANNOUNCES DIGITAL SMART LABELS™ INSTALLATION INTO FIRST
TIMBER MART LOCATION

By Cindy GrayMay 2, 2023No Comments
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 * Contract demonstrates further market share capture within the building and
   hardware retail segment
 * Opportunity to showcase the benefits of deploying Danavation’s Digital Smart
   Labels™ to hundreds of additional potential customers who leverage TIMBER
   MART’s competitive buying capabilities

Toronto, Ontario, May 2, 2023 – Danavation Technologies Corp. (CSE:DVN, OTCQB:
DVNCF) (“Danavation” or the “Company“), the only North American-founded and
headquartered technology company providing micro e-paper displays, today
announces that Danavation’s Digital Smart Labels™ will be installed into the
Earlton TIMBER MART location in Ontario, continuing the Company’s market share
capture within the building and hardware retail segment. This installation is
expected to be completed by the first half of August.

Founded in 1967, TIMBER MART is the largest national member-owned buying group
in Canada for the true independent entrepreneur. With hundreds of members,
including independent building-material and hardware retailers, commercial
dealers and manufacturers located in every province across the country, TIMBER
MART provides its extensive dealer network with a menu of competitive buying
programs, comprehensive marketing services and personalized support to drive
independent business success. The Earlton TIMBER MART is locally owned, family
operated and proud to serve Earlton and the surrounding communities. By working
with Danavation to deploy our Digital Smart Labels™ throughout the location,
Earlton TIMBER MART can prevent errors and reduce costs associated with the
process of printing and manually placing paper labels on the shelves to reflect
new specials and fluctuating pricing. With a reputation for offering quality
products, expert advice and outstanding customer service each day, Earlton
TIMBER MART also believes in giving back to the community with support to local
causes, sports teams, foundations and service clubs.

“We’re very pleased to secure the first location under the TIMBER MART banner
and be working with management of this store to alleviate the inefficient and
costly process of manually updating product labels in the store,” said John
Ricci, CEO of Danavation. “The Danavation team is looking forward to having this
first TIMBER MART location outfitted and showcasing the benefits of Digital
Smart Labels™ to all of the independent retailers in the TIMBER MART family.”

About Danavation

Danavation Technologies Corp. is the only North American-founded and
headquartered technology company providing Digital Smart Labels™ and a software
Platform-as-a-Service (PaaS) solution that enables companies across various
sectors to automate labelling, price, product, and promotions in real-time.
Danavation’s Digital Smart Labels™ enhance data accuracy and improve performance
by removing high labour costs and low productivity typically associated with
traditional labour-intensive workflows. Our goal is to create a sustainable and
profitable business for shareholders while advancing sound environmental, social
and governance practices, including by significantly reducing paper usage.
Danavation has introduced its solution to retailers across North America,
including big box and boutique grocers, while also targeting new markets
including healthcare providers, manufacturing, and logistics companies. Learn
more about the background of Danavation and our vision for the future on our
website. As well, follow us on LinkedIn, Instagram, Twitter and YouTube for more
updates on how we are transforming the retail landscape.

For further information, please contact:

John Ricci



President & Chief Executive Officer

hello@danavation.com

Kyle Nazareth



Chief Financial Officer

Tel: 289-892-3974 | investors@danavation.com

 

Forward-Looking Information

This news release contains forward‐looking statements and forward‐looking
information within the meaning of applicable securities laws. These statements
relate to future events or future performance. All statements other than
statements of historical fact may be forward‐looking statements or information.
More particularly and without limitation, this news release contains
forward‐looking statements and information relating, the future business of the
Company, potential roll outs of the Company’s products and services, further
business from the Company’s clients, industry outlook and potential and other
matters. The forward‐looking statements and information are based on certain key
expectations and assumptions made by management of the Company. Although
management of the Company believes that the expectations and assumptions on
which such forward-looking statements and information are based are reasonable,
undue reliance should not be placed on the forward‐looking statements and
information since no assurance can be given that they will prove to be correct.

Forward-looking statements and information are provided for the purpose of
providing information about the current expectations and plans of management of
the Company relating to the future. Readers are cautioned that reliance on such
statements and information may not be appropriate for other purposes, such as
making investment decisions. Since forward‐looking statements and information
address future events and conditions, by their very nature they involve inherent
risks and uncertainties. Actual results could differ materially from those
currently anticipated due to a number of factors and risks. Accordingly, readers
should not place undue reliance on the forward‐looking statements and
information contained in this news release. Readers are cautioned that the
foregoing list of factors is not exhaustive. The forward‐looking statements and
information contained in this news release are made as of the date hereof and no
undertaking is given to update publicly or revise any forward‐looking statements
or information, whether as a result of new information, future events or
otherwise, unless so required by applicable securities laws. The forward-looking
statements or information contained in this news release are expressly qualified
by this cautionary statement.

 

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

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DANAVATION TECHNOLOGIES ANNOUNCES ROLL-OUT OF DIGITAL SMART LABELS™ INTO PEAVEY
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Cindy GrayApril 5, 2023
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DANAVATION TECHNOLOGIES ANNOUNCES PARTNERSHIP WITH U.S. WINE & LIQUOR CHAIN,
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Cindy GrayMarch 10, 2023
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DANAVATION TECHNOLOGIES CONFIRMS CONTRACTS TO INSTALL DIGITAL SMART LABELS™ INTO
FOUR NEW LOCATIONS

Cindy GrayFebruary 16, 2023

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