BuildDirect Enters Marketing Partnership with Wedgewood's Maverick Design

VANCOUVER, BC, Jan. 26, 2023 /PRNewswire/ - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company"), a leading omnichannel building material retailer, is pleased to announce that the Company has entered into a partnership with Maverick Design ("Maverick"), the award-winning interior design studio at Wedgewood Homes, a division of Wedgewood LLC ("Wedgewood") to launch a white-label marketing program for a collection of quality Maverick-branded engineered wood floors - The Maverick Design Wood Flooring Collection (the "Collection").

Maverick Design specializes in the renovation, revitalization, and reimagination of homes and commercial projects across the United States. "Our design team selects flooring for hundreds of homes a year, and it is our passion to deliver timeless designs that appeal to today's buyers. Our partnership with BuildDirect not only allows us to have access to the Collection of quality flooring for our homes, but could also pave the way to explore opportunities for additional product collections in the future," says Jessica Sommer, VP of Maverick Design.

Under the partnership, BuildDirect will merchandise the Collection on its e-commerce platform to support Maverick's brand, product awareness and sales. Additionally, Maverick's marketing initiatives will share installations and experiences with their audience to encourage customer traffic and onsite conversions for the Collection on BuildDirect.com. Maverick will also share the product line with their audience through the Company's website.

"We are delighted to partner with Maverick, a well-recognized creative and interior design studio," said Shawn Wilson, CEO of BuildDirect. "This partnership represents our ongoing efforts to leverage BuildDirect's e-commerce platform to provide white-label solutions to companies that are looking for marketing avenues to grow their brand."

Maverick Design is an award-winning design and creative studio specializing in the renovation, revitalization, and reimagination of homes and commercial projects nationwide. Maverick Design is the creative division of its larger parent company, Wedgewood Homes, a privately held real estate company operating  across the United States with a rich history in revitalizing communities, one home at a time. Wedgewood, the parent company of Wedgewood Homes, has been in business since 1985.

Contact:
Alicia Mistry
[email protected]

BuildDirect (TSXV: BILD) is a leading omnichannel building material retailer. BuildDirect connects North American home improvement B2B and B2C organizations, and homeowners with quality building materials and services through its robust global supply chain network. BuildDirect's growth trajectory, strong product offering, and proprietary heavyweight delivery network are delivering value today, solidifying its position as an innovative player in the home improvement industry. For more information, visit www.builddirect.com.

This press release contains statements which constitute "forward-looking statements" and "forward-looking information" within the meaning of applicable securities laws (collectively, "forward-looking statements"), including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and operating performance. Forward looking statements are often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions. These statements reflect management's current beliefs and expectations and are based on information currently available to management as at the date hereof. Forward-looking statements involve significant risk, uncertainties and assumptions.

Forward-looking statements in this press release may include, without limitation, statements relating to Maverick's delivery of timeless designs that appeal to today's buyers, the opportunity for additional product collections in the future between BuildDirect and Maverick, the success of the partnership's merchandizing and marketing initiatives (including, without limitation, in relation to access to and the provision of quality flooring products, BuildDirect's support for Maverick's brand, product awareness and sales, and Maverick's encouragement of customer traffic and onsite conversions for the Collection on BuildDirect.com) and BuildDirect's ability to leverage its e-commerce platform to provide white-label solutions to companies that are looking for marketing avenues to grow their brand.

Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. Among those factors are changes in consumer spending, availability of mortgage financing and consumer credit, changes in the housing market, changes in trade policies, tariffs or other applicable laws and regulations both locally and in foreign jurisdictions, availability and cost of goods from suppliers, fuel prices and other energy costs, interest rate and currency fluctuations, retention of key personnel and changes in general economic, business and political conditions. These forward-looking statements may be affected by risks and uncertainties in the business of the Company and general market conditions, including COVID-19.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements.

Although the forward-looking statements contained in this press release reflect the Company's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. There may be other risks, uncertainties and factors that cause results not to be as anticipated, estimated or intended and such changes could be material. These forward-looking statements are made as of the date of this press release, and BuildDirect assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

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

SOURCE BuildDirect.com Technologies Inc.