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Press Releases

ZoomAway Closes US$5 Million Secured Loan And Announces End Of Incentive Share Program

By | Press Releases | No Comments

VANCOUVER, BC / ACCESSWIRE / December 31, 2020 / ZoomAway Travel Inc. (TSXV:ZMA)(OTCQB:ZMWYF) (the “Company” or “ZMA“) www.zoomaway.com, is pleased to announce that it has closed its previously announced secured loan facility for the principal amount of US$5 million (the “Facility“) with AIP Convertible Private Debt Fund LP (“AIP“). The Facility has a term of 24 months, bears interest at the rate of 5% per annum and is secured by a general security agreement on all of the present and future assets of the Company.

Upon closing of the Facility, the Company paid to AIP (i) a due diligence fee of US$100,000; (ii) a facility fee of US$100,000; and (iii) a closing payment of US$1,800,000. The Company intends to use the proceeds of the Facility for general working capital purposes and to pursue future acquisitions.

The Company also announces that its 2016 Incentive Share Plan, created at the time of the Company’s transaction with Multi-Vision Communications Corp., will not be extended and will expire effective December 31, 2020.

Of the 16,000,000 common shares underlying the plan, 11,000,000 “entitlements” to such shares have vested and common shares will be issued to the current or former directors, officers, employees or consultants that hold such vested incentive share grants. The non-cash costs associated with these grants will be reflected in the Company’s fourth quarter (and therefore 2020 annual) financial statements.

These common shares are being issued subject to a statutory hold period expiring on the date that is four months and one day after the effective distribution date of December 31, 2020. None of these common shares will be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.

States Sean Schaeffer, ZoomAway’s CEO, “The closure of this facility affords us with a great opportunity. We anticipate having a great 2021 and are grateful to close 2020 on a positive note. Happy New Year to all of our shareholders.”

For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 | sean@zoomaway.com or stay up-to-date and sign up for our newsletter.

About Us

ZoomAway, Inc. (Nevada Co.) Zoomaway Travel Inc. is a technology company that is revolutionizing the Hospitality and Travel Industries. We have developed a variety of software solutions that enhance the planning and engagement of everyday tourists. Our flagship project, ZoomedOUT, is a complete modernization and re-imagination of mobile travel apps. In a full 3D environment, we are able to integrate planning, booking, social media, and camaraderie into a tangibly rewarding experience. We are combining Travel, Hospitality, Mobile Gaming and Augmented Reality to change the way users travel into 2020 and beyond. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.

ZMA Travel Game Inc. (Canadian Co.) (formerly TravelGameBlockChain Technology Inc.) is a ZoomAway Travel Inc. subsidiary company dedicated to housing new projects in the digital games. The company’s first project is ZoomedOUT, being developed with the assistance of Zero8 Studios, Inc., which can be seen at zoomedout.io. To receive more detailed, or investor level information, please contact us at sean@zoomaway.com and we will respond with the appropriate documentation depending on your request.

Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor it’s Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.

ZoomAway Announces Results Of Annual And Special Meeting Of Shareholders

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VANCOUVER, BC / ACCESSWIRE / December 21, 2020 / ZoomAway Travel Inc. (TSXV:ZMA)(OTCQB:ZMWYF) (the “Company” or “ZMA“) www.zoomaway.com, is pleased to announce the results of its Annual and Special Meetings of Shareholders held on December 16, 2020 (the “Meeting“). All matters submitted to the shareholders for approval as set out in the Company’s Notice of Meeting and Information Circular dated November 18, 2020 were approved by an overwhelming majority of votes cast at the Meeting. In summation:

Number of Directors

Shareholders approved the fixing of the number of directors to be elected at the Meeting at six.

Election of Directors

Sean Schaeffer (President and CEO) and Steve Rosenthal (CFO) were both retained as directors of the Company. In addition, four new directors were elected by shareholders, namely: Jay Bala, Alex Kanayev, Mason Shan, and Josh Almario.

Appointment of Auditors

Davidson & Co. LLP were reappointed as Auditors of the Company for the ensuing year with their remuneration to be fixed by the Board of Directors.

Reconfirmation of the Company’s Share Option Plan

Shareholders approved the Company’s “rolling 10%” share option plan.

Name Change of the Company

Shareholders adopted a special resolution approving the ability for the Company to change its name to “ZoomAway Technologies Inc.” or such other name that may be acceptable to the regulatory authorities and approved by the directors of the Company in their discretion.

New Loan Facility

Disinterested shareholders approved a new US$5 million loan facility with AIP Convertible Private Debt Fund L.P. (“AIP“).

Settlement of AIP Debt and the Creation of a New “Control Person”

Finally, the settlement of $985,750 of debt currently held by AIP through the issuance by the Company of common shares and warrants to AIP and the creation of AIP as a new “Control Person” (as such term is defined in the policies of the TSX Venture Exchange) of the Company were approved by disinterested shareholders.

Sean Schaeffer, Company CEO stated, “First I would like to thank our outgoing directors, Mark Riden and Christa Jones. They have been incredible to work with. They have both made amazing contributions to the Company over the last few years, and I am personally indebted to their kindness and knowledge. I would like to welcome our new board members, as well, and am looking forward to learning from them and leaning on their experiences in the upcoming years.” Schaeffer continued, “As for the other major items on this year’s docket, I want to thank our partners at AIP for their belief in us over the last two years and for their vision and commitment to this Company going forward. I truly believe that there are great things on the horizon for all ZoomAway shareholders.”

For more information on the matters approved at the Meeting, please refer to the proxy materials in respect of the Meeting which are available on SEDAR at www.sedar.com and have also been posted on the Company’s website at www.zoomaway.com.

For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 | sean@zoomaway.com or stay up-to-date and sign up for our newsletter.

About Us

ZoomAway, Inc. (Nevada Co.) Zoomaway Travel Inc. is a technology company that is revolutionizing the Hospitality and Travel Industries. We have developed a variety of software solutions that enhance the planning and engagement of everyday tourists. Our flagship project, ZoomedOUT, is a complete modernization and re-imagination of mobile travel apps. In a full 3D environment, we are able to integrate planning, booking, social media, and camaraderie into a tangibly rewarding experience. We are combining Travel, Hospitality, Mobile Gaming and Augmented Reality to change the way users travel into 2020 and beyond. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.

ZMA Travel Game Inc. (Canadian Co.) (formerly TravelGameBlockChain Technology Inc.) is a ZoomAway Travel Inc. subsidiary company dedicated to housing new projects in the digital games. The company’s first project is ZoomedOUT, being developed with the assistance of Zero8 Studios, Inc., which can be seen at zoomedout.io. To receive more detailed, or investor level information, please contact us at sean@zoomaway.com and we will respond with the appropriate documentation depending on your request.

Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor it’s Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.

ZoomAway Announces Change To Conference Call For Annual Meeting Of Shareholders

By | Press Releases | No Comments

VANCOUVER, BC / ACCESSWIRE / December 10, 2020 / ZoomAway Travel Inc. (TSXV:ZMA)(OTCQB:ZMWYF) (the “Company” or “ZMA“) www.zoomaway.com, announced today that it has changed the format of its upcoming annual and special meeting of shareholders to be held on Wednesday, December 16, 2020 at 10:00 a.m. (Calgary time) to a Conference Call meeting. Shareholders may attend and participate in the meeting via a conference call but will not be permitted to attend the meeting in person.

Due to recent restrictions on gatherings implemented by the Government of Alberta in response to the COVID-19 pandemic, the move to a virtual-only meeting reflects Zoomaway’s commitment to protecting the health and safety of its shareholders, directors, employees, and other stakeholders.

Only shareholders as of the record date of October 27, 2020 or their duly appointed proxyholders may vote at the meeting. Shareholders that wish to attend and vote at the meeting should follow the instructions below.

To call into the meeting, please use the following instructions:
Dial-in number (US & Canada): (563) 999-1170
Access code: 363866#
International dial-in numbers: https://fccdl.in/i/sean249

For additional assistance connecting to the meeting text ‘Call Me’ to the Dial-In number above and you will be called into the conference. Message and data rates may apply.

Your vote is important. Shareholders that do not wish to attend and vote at the meeting are encouraged to vote their shares prior to the meeting and are reminded that their completed forms of proxy or voting instructions, as well as votes by internet and telephone, must be received by not less than 48 hours (excluding weekends and holidays) before the time set for the holding of the meeting or any adjournment of the meeting, or for non-registered (beneficial) shareholders, such earlier time as required by their intermediaries. Please read the Company’s proxy materials for further details on how to vote in advance of the meeting.

Copies of Zoomaway’s proxy materials that were delivered to shareholders are also available on SEDAR at www.sedar.com and have been posted on the Company’s website at www.zoomaway.com. The timing and process for voting by proxy remains as described in the proxy materials, and shareholders may still vote in advance of the meeting by submitting their proxy form or voting information form as described in the proxy materials. The proxy materials will not be updated to reflect the change to the meeting format.

For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 | sean@zoomaway.com or stay up-to-date and sign up for our newsletter.

About Us

ZoomAway, Inc. (Nevada Co.) Zoomaway Travel Inc. is a technology company that is revolutionizing the Hospitality and Travel Industries. We have developed a variety of software solutions that enhance the planning and engagement of everyday tourists. Our flagship project, ZoomedOUT, is a complete modernization and re-imagination of mobile travel apps. In a full 3D environment, we are able to integrate planning, booking, social media, and camaraderie into a tangibly rewarding experience. We are combining Travel, Hospitality, Mobile Gaming and Augmented Reality to change the way users travel into 2020 and beyond. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.

ZMA Travel Game Inc. (Canadian Co.) (formerly TravelGameBlockChain Technology Inc.) is a ZoomAway Travel Inc. subsidiary company dedicated to housing new projects in the digital games. The company’s first project is ZoomedOUT, being developed with the assistance of Zero8 Studios, Inc., which can be seen at zoomedout.io. To receive more detailed, or investor level information, please contact us at sean@zoomaway.com and we will respond with the appropriate documentation depending on your request.

Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor it’s Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.

ZoomAway Announces Proposed Shares-For-Debt and Loan Transactions

By | Headlines, News Highlights, Press Releases | No Comments

VANCOUVER, BC / ACCESSWIRE / November 5, 2020 / ZoomAway Travel Inc. (TSXV:ZMA)(OTCQB:ZMWYF) (the “Company” or “ZMA“) www.zoomaway.com, is pleased to announce that it will file a shares-for-debt transaction with the TSX Venture Exchange (the “TSXV“) in respect of $985,000 of existing debt (the “Debt“). The Debt being settled is part of a series of non-convertible notes that were issued to AIP Convertible Private Debt Fund L.P. (“AIP“) pursuant to the Note Purchase Agreement announced on May 17, 2019, as amended from time to time (the “NPA“). The Debt is set to mature on November 30, 2020. The Company confirms that as of the end of its most recently completed fiscal quarter (September 30, 2020), that it was in compliance with all affirmative covenants in the NPA and is otherwise in good standing with AIP. The Company proposes to settle the Debt by issuing to AIP a total of 65,716,666 common shares of the Company at a deemed price of $0.015 per share and 65,716,666 common share purchase warrants (the “Debt Settlement“). Each warrant will be exercisable for a period of 60 months from the date of issuance at an exercise price of $0.05 each. After giving effect to the Debt Settlement, the Company will have a total of approximately 142,360,338 shares issued and outstanding, with AIP holding approximately 48.8% on an undiluted basis.

The Debt Settlement is subject to the approval of the TSXV. As the Debt Settlement will result in the creation of a new “control person” as defined under TSXV policies, the Debt Settlement is also subject to shareholder approval, which approval will be sought at the Company’s annual and special meeting of shareholders scheduled for December 16, 2020.

The pricing of the common shares issuable pursuant to the Debt Settlement is in reliance of the temporary relief measures established by the TSXV on April 8, 2020, and extended by the TSXV on September 16, 2020, providing for temporary relief measures to its Policy 4.3, lowering the minimum pricing from $0.05 to $0.01 per share for shares issued pursuant to a debt settlement where the market price of an issuer’s shares is not greater than $0.05. The market price of the Company’s common shares at close of business on October 28, 2020 was $0.015.

Further to the Debt Settlement and upon TSXV and shareholder approval, the Company will enter into a new loan agreement with AIP whereby it will provide a US$5 million (US$5,000,000) facility for future acquisitions. It is anticipated that the loan will have the following features: (i) a 24-month term; (ii) an interest of rate of 5% per annum; (iii) a due diligence fee of US$100,000; (iv) a facility fee of US$100,000; and (iv) a closing fee of US$1,800,000.

“The pandemic has been very challenging for ZoomAway and the Tourism Industry as a whole,” commented Sean Schaeffer, CEO, “We are thankful that AIP is willing to provide funds for the Company to expand. We believe that with the Debt Settlement, together with the new funding for potential acquisitions, that the Company can look forward to a stronger 2021.”

All securities issuable in respect of the Debt Settlement will be subject to a statutory hold period expiring on the date that is four months and one day after the distribution date. None of the securities issuable in connection with the Debt Settlement will be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 | sean@zoomaway.com or stay up-to-date and sign up for our newsletter.

About Us

ZoomAway, Inc. (Nevada Co.) Zoomaway Travel Inc. is a technology company that is revolutionizing the Hospitality and Travel Industries. We have developed a variety of software solutions that enhance the planning and engagement of everyday tourists. Our flagship project, ZoomedOUT, is a complete modernization and re-imagination of mobile travel apps. In a full 3D environment, we are able to integrate planning, booking, social media, and camaraderie into a tangibly rewarding experience. We are combining Travel, Hospitality, Mobile Gaming and Augmented Reality to change the way users travel into 2020 and beyond. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.

ZMA Travel Game Inc. (Canadian Co.) (formerly TravelGameBlockChain Technology Inc.) is a ZoomAway Travel Inc. subsidiary company dedicated to housing new projects in the digital games. The company’s first project is ZoomedOUT, being developed with the assistance of Zero8 Studios, Inc., which can be seen at zoomedout.io. To receive more detailed, or investor level information, please contact us at sean@zoomaway.com and we will respond with the appropriate documentation depending on your request.

Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor it’s Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.

ZOOMAWAY CEASE TRADE ORDER

By | Headlines, News Highlights, Press Releases | No Comments

VANCOUVER, BC – June 25th, 2020 – ZoomAway Travel Inc. (TSXV: ZMA) (the “Company”) www.zoomawaytravel.com wishes to update its shareholders and investors regarding the Cease Trade Order (“CTO”) that was issued by the British Columbia Securities Commission (“BCSC”) for failure to report the Company’s audited annual financial statements along with the management’s discussion and analysis on a timely basis. The CTO was issued at the close of trading on Friday, June 19th and was rescinded by the BCSC on June 24th after the Company completed its necessary annual filings. The Company is currently working to submit all relevant required documentation to the TSX Venture Exchange compliance team to allow the stock to resume trading.

The annual financial reporting filings, for which the deadline had been extended from late April to June 15th by blanket ruling (for Covid-19 restrictions), were further delayed given that the Company’s management, working remotely, was unable to interact efficiently with Zoomaway’s auditors, Davidson & Company. The 2019 year-end audited financial statements, together with management’s discussion and analysis and related documents, were finalized and filed on SEDAR on June 23, 2020 and the BCSC withdrew the CTO on June 24th.

The Company worked very diligently with our auditors, despite the Covid-19 restrictions in place, to complete our audit. However, despite our best efforts, we missed the mark. Myself and other members of senior management apologize to our shareholders for this. We are now pushing to get our shares backto trading on the TSX-V.” said Sean Schaeffer, CEO of Zoomaway Travel Inc.

For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 | sean@zoomaway.com or stay up-to-date and sign up for our newsletter.

About Us

Zoomaway Travel Inc. is a technology company that is revolutionizing the Hospitality and Travel Industries. We have developed a variety of software solutions that enhance the planning and engagement of everyday tourists. Our flagship project, ZoomedOUT, is a complete modernization and re-imagination of mobile travel apps. In a full 3D environment, we are able to integrate planning, booking, social media, and camaraderie into a tangibly rewarding experience. We are combining Travel, Hospitality, Mobile Gaming and Augmented Reality to change the way users travel into 2020 and beyond. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.

About Zero8 Studios, Inc.

Zero8 Studios, based in Reno, Nevada, specializes in new and innovative games and technology platforms. With a focus on social gaming and almost two decades of experience building countless game titles, gaming platforms, and various technologies. The Zero8 Studios’ team has assisted dozens of AAA publishers, large clientele, manufacturers, and casinos in the design, production, and delivery of their products to players around the world. Additional information can be found at www.zero8studios.com.

Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor it’s Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.

Zoomaway To Provide Updates On Rich Tv Livetoday At 10 Am PST

By | Headlines, News Highlights, Press Releases | No Comments

VANCOUVER, BC –May 26th, 2020– ZoomAway Travel Inc. (TSXV: ZMA)(US: ZMWYF)(the “Company”or “ZMA”) www.zoomaway.com, a leader in the hospitality technology sector,is pleased to announce that it will be joining Rich TV live on Tuesday May 26thand 10 a.m. PST to give updates on a variety of topics. Among the discussion points will be: Legacy Business during the Pandemic, ZoomedOUT, the new ShieldScore project and our acquisition line of credit and mergers and acquisition sefforts that are underway.

Click the link here to follow the interview.

https://www.youtube.com/c/RICHTVLIVE/live

Sean Schaeffer, Zoomaway CEO stated, “There’s been a lot going on and we thought it would be a great idea to have a session with the guys at Rich TV and get out updates on all these topics. I hope that our shareholders can join us.”

For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 | sean@zoomaway.com or stay up-to-date and sign up for our newsletter.

About Us

Zoomaway Travel Inc. is a technology company that is revolutionizing the Hospitality and Travel Industries. We have developed a variety of software solutions that enhance the planning and engagement of everyday tourists. Our flagship project, ZoomedOUT, is a complete modernization and re-imagination of mobile travel apps. In a full 3D environment, we are able to integrate planning, booking, social media, and camaraderie into a tangibly rewarding experience. We are combining Travel, Hospitality, Mobile Gaming and Augmented Reality to change the way users travel into 2020 and beyond. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.

About Zero8 Studios, Inc.

Zero8 Studios, based in Reno, Nevada, specializes in new and innovative games and technology platforms. With a focus on social gaming and almost two decades of experience building countless game titles, gaming platforms, and various technologies. The Zero8 Studios’ team has assisted dozens of AAA publishers, large clientele, manufacturers, and casinos in the design, production, and delivery of their products to players around the world. Additional information can be found at www.zero8studios.com.

Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor it’s Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.

ZoomAway Jointly Develops Patent Pending App To Provide Business Safety Rating and Certification During Covid-19

By | Headlines, News Highlights, Press Releases | No Comments

VANCOUVER, BC –May 19th, 2020– In response to the current global pandemic, ZoomAway Travel Inc. (TSXV: ZMA)(US: ZMWYF)(the “Company”or “ZMA”) www.zoomaway.com, a leader in the hospitality technology sector,is pleased to announce that it has createda joint development project with General Genomics(www.curo46.com). The product is an innovative, patent pending app that allows businesses, restaurants, churches and other gathering places to display their COVID-19 preparedness called Shield Score™. Shield Score™was developed to instill confidence and peace of mind in consumers. Businesses can address safety and governmental compliance concerns by utilizing the app. The Shield Score™ app provides a rating that can be posted online and at their place of business,generated by employing the proprietary processing of data garnered from the business owners. When used in conjunction with GGI’s CURO46 individual risk assessments,further adverse economic impacts could be avoided now and with any future outbreaks. The app is targeted for release by June 1stand is relevant for current and future pandemics.

Sean Schaeffer, Zoomaway CEO stated, “As businesses are starting to re-open, there is a lot of confusion and uncertainty as to what is being done to support the public’s safety at each location. We have adapted our combined expertise to meet current needs. The business community is searching for anything that will provide their customers with a sense of security and easy access to their current safety measures and re-opening procedures. We are currently working on key endorsements from several Nevada based governmental and business entities, we believe that this product could become the official “seal of approval” that helps bring business back.”

 

GGI’s Warren Gieck reported, “By joining forces with ZoomAway and their expertise in hospitality, we believe we have found a way to get people moving again. The public needs assurance that they can go about their daily lives with confidence. CURO46 provides individuals with their own assessment of risk. Shield Scores rating of safetydoes the same thing for venues and businesses.”

For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 | sean@zoomaway.com or stay up-to-date and sign up for our newsletter.

About Us

Zoomaway Travel Inc. is a technology company that is revolutionizing the Hospitality and Travel Industries. We have developed a variety of software solutions that enhance the planning and engagement of everyday tourists. Our flagship project, ZoomedOUT, is a complete modernization and re-imagination of mobile travel apps. In a full 3D environment, we are able to integrate planning, booking, social media, and camaraderie into a tangibly rewarding experience. We are combining Travel, Hospitality, Mobile Gaming and Augmented Reality to change the way users travel into 2020 and beyond. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.

About Zero8 Studios, Inc.

Zero8 Studios, based in Reno, Nevada, specializes in new and innovative games and technology platforms. With a focus on social gaming and almost two decades of experience building countless game titles, gaming platforms, and various technologies. The Zero8 Studios’ team has assisted dozens of AAA publishers, large clientele, manufacturers, and casinos in the design, production, and delivery of their products to players around the world. Additional information can be found at www.zero8studios.com.

Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor it’s Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.

ZoomAway Signs an Agreement With General Genomics

By | Headlines, News Highlights, Press Releases | No Comments

VANCOUVER, BC –May 7th, 2020– In response to the current global pandemic, ZoomAway Travel Inc. (TSXV: ZMA)(US: ZMWYF)(the “Company”or “ZMA”) www.zoomaway.com, a leader in the hospitality technology sector, is proud to announce that it has entered into a Memorandum of Understanding (MOU) with General Genomics, Inc. (“GGI”, a Delaware Corporation, www.Curo46.com), to distribute“GeneSuite”, GGI’s patent pending, proprietary human health risk assessment technology,to hotels, casinos, sporting events and other hospitality-related entities, within the state of Nevada. Through machine learning and artificial intelligence, GeneSuite offers its clients the most comprehensive analysis of disease susceptibility and treatment effectiveness ever developed. It provides individuals with a clearer understanding of their susceptibility and treatability of diseases, with an initial focus on COVID-19. It also tracks a population’s health status by estimating what risks exist in the surrounding area or within facilities, and who might have been sick. An individual’s unique QR code is scanned at entrances to venues and properties, helping to determine the health of the general public, where mitigating health risks needs to be the priority.

CEO Sean Schaeffer explained, “Nevada’s tourism industry is currently still shut down and everyone is working hard to find the most effective ways to move forward and keep customers and employees safe.The future of travel will insist on safe protocols,both for leisure and corporate travel. By integrating technologies like GeneSuite, we hope to create systems for our partners and their customers that are able to assess risk levels allowing safer travel. Whether its pre-reservation screenings, virus tracking, or on site check in and scanning procedures, we believe that we can successfully integrate this amazing process into an ever changing and evolving hospitality environment. Predictive analytics can use the current impact of the virus and associated travel complications to show the impact on future travel, safety and resulting revenue possibilities. Besides creating new systems to use these features for our clients, Zoomaway will also look to add these processes to products such as its new Social Relevance platform, as well as ZoomedOUT and ZoomEvents.”

 

Warren Gieck, co-founding partner of General Genomics said, “Nevada is the perfect spot to introduce GeneSuite. Las Vegas is a worldwide destination and we know the resort casinos and tourism industry in general are anxious to safely open once again. ZoomAway has experience working hand in hand with the casinos and we chose them because of their contact base and know how in system integration. We know that as the world returns to normal there may very well be a second round of incidents in places where many people will congregate. Our product, when used properly, will allow venue owners to screen attendees in such a fashion as to curb the spread of infectious diseases.”

GGI’s Proprietary Predictive Algorithm (PPA) uses machine learning that analyzes thousands of variables across billions of records. Where most current studies, by design, look at one variable at a time and cannot find complex relationships, GGI’s PPA is finding relationships that could not previously be validated. In addition, efforts to establish predictive risk models of disease propagation are generally not based on medical information (DNA analysis and medical histories), so they are unable to determine and integrate correlation factors, susceptibility, or treatment successes. GGI’s solution provides an ecosystem that includes methods for collecting and standardizing health, genetic and diagnostic data, the building of correlative world population models using machine learning and artificial intelligence, and quantitative analysis of the susceptibility of living organisms to illnesses such as COVID-19.

The MOU is intended to be a confirmation of interest between the parties in pursuing negotiations for the drafting of a specific Limited License Agreement based on terms to be determined (TBD) and does not constitute a binding agreement at this time.Once the terms are known, the company will issue a subsequent news release. The Company is not making any express or implied claims that its mass screening product has the ability to eliminate, cure or contain the Covid-19 (or SARS-2 Coronavirus) at this time

For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 | sean@zoomaway.com or stay up-to-date and sign up for our newsletter.

About Us

Zoomaway Travel Inc. is a technology company that is revolutionizing the Hospitality and Travel Industries. We have developed a variety of software solutions that enhance the planning and engagement of everyday tourists. Our flagship project, ZoomedOUT, is a complete modernization and re-imagination of mobile travel apps. In a full 3D environment, we are able to integrate planning, booking, social media, and camaraderie into a tangibly rewarding experience. We are combining Travel, Hospitality, Mobile Gaming and Augmented Reality to change the way users travel into 2020 and beyond. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.

About Zero8 Studios, Inc.

Zero8 Studios, based in Reno, Nevada, specializes in new and innovative games and technology platforms. With a focus on social gaming and almost two decades of experience building countless game titles, gaming platforms, and various technologies. The Zero8 Studios’ team has assisted dozens of AAA publishers, large clientele, manufacturers, and casinos in the design, production, and delivery of their products to players around the world. Additional information can be found at www.zero8studios.com.

Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor it’s Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.

ZoomAway to Launch New Social Relevance Platform to Support Businesses Globally

By | Headlines, News Highlights, Press Releases | No Comments

VANCOUVER, BC / ACCESSWIRE / May 5, 2020 / In response to the current global pandemic, ZoomAway Travel Inc. (TSXV:ZMA)(OTCQB:ZMWYF) (the “Company” or “ZMA”) www.zoomaway.com, a leader in the hospitality technology sector, ZoomAway Travel is pleased to announce that for the last three weeks it has been working around the clock on a new web-based platform that is in Alpha testing right now. The Company is preparing to launch the beta product live in the coming days.

The product is a Global Social Sharing Network aimed at supporting businesses the world over in these trying times and beyond. Since the shutdown of most local economies, we have seen the need for one source of information to be shared about small businesses and the state of their current operation. We believe that we have created an engaging platform to allow anyone to support their favorite businesses by focusing only on positive experiences. We hope that going forward we can become the alternative to negative review sites and provide much-needed exposure to small businesses that cannot afford expensive advertising in this economic climate.

The platform sits on top of Google (GOOGL) Maps API and allows users to support their favorite businesses with a daily allotment of support hearts, which increases that business’s sphere of Social Relevance visually on the map. It is as easy as providing a “like” on other social media sites. The platform includes some simple gamification techniques and allows users to post photos of their experiences at restaurants, shops and other businesses that are important to them. Users are encouraged to keep coming back daily and provide support to keep the relevance high and their favorites atop the leaderboard.

The Company intends to support future versions of the platform with many more features and fun gamification components. Future enhancements will hopefully include COVID 19 resources, (such as PPE locations, testing centers, antibody testing facilities, and potentially hotspots and/or social tracing as they become available), Businesses will be able to claim their profiles and customize each to showcase offers, enhanced profiles with new regulations post-re-opening, advertise regionally or nationally, market to the platform database, increase social media hooks like sharing with friends, directions, points of interest, bigger leaderboards and contests. This Beta version will monetize the concept with the simple and subtle use of Google Ad banners placed throughout the site.

Sean Schaeffer, CEO of ZoomAway Travel stated “Our team saw a need for one place that the public could go give their positive support in trying times, while helping the businesses, services and locations most important to them. With a platform like this, we will be able to strengthen our relationships with existing partners and create new ones. This product is very different from ZoomedOUT, but it is also looking to engage the public in new ways not found in other platforms, create new business partners, and expand our global reach today as well beyond this global crisis. We will be working hard to find the right partnerships as soon as possible to continue to enhance and improve the product. We will follow up with another press release prior to launch with the name and web address for the product.”

For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 | sean@zoomaway.com or stay up-to-date and sign up for our newsletter.

About Us

Zoomaway Travel Inc. is a technology company that is revolutionizing the Hospitality and Travel Industries. We have developed a variety of software solutions that enhance the planning and engagement of everyday tourists. Our flagship project, ZoomedOUT, is a complete modernization and re-imagination of mobile travel apps. In a full 3D environment, we are able to integrate planning, booking, social media, and camaraderie into a tangibly rewarding experience. We are combining Travel, Hospitality, Mobile Gaming and Augmented Reality to change the way users travel into 2020 and beyond. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.

About Zero8 Studios, Inc.

Zero8 Studios, based in Reno, Nevada, specializes in new and innovative games and technology platforms. With a focus on social gaming and almost two decades of experience building countless game titles, gaming platforms, and various technologies. The Zero8 Studios’ team has assisted dozens of AAA publishers, large clientele, manufacturers, and casinos in the design, production, and delivery of their products to players around the world. Additional information can be found at www.zero8studios.com.

Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor it’s Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.

ZoomAway to Postpone Reporting First Quarter 2020 and Full Year 2019 Results due to Delays Related to COVID-19

By | Press Releases | No Comments

VANCOUVER, BC / ACCESSWIRE / April 28, 2020 / ZoomAway Travel Inc. (TSXV:ZMA) (the “Company”)www.zoomaway.com is postponing the reporting of its first-quarter 2020 and full year 2019 results and associated filings. The Company will report results as soon as possible and is afforded the postponement by a 45-day extension announced by the British Columbia Securities Commission under BCSC Instrument 51-515 “Temporary Exemption from Certain Corporate Finance Requirements” issued March 23, 2020.

Recent global events pertaining to COVID-19 has impacted Company management’s and its professional advisors’ ability to complete timely information disclosure of its financial reporting obligations as otherwise required under Sections 4.2 and 4.4 of National Instrument 51-102 (Group A Reporting Requirements).

The Company ratifies that management and the Company’s insiders remain subject to an Insider Trading Black Out period per its internal Insider Trading Policy and confirms that the Company has no undisclosed potential material business developments since November 2019 when the Company filed its third-quarter interim financial statements.

ZoomAway’s management currently reasonably expects to complete and file its audited financial statements for the year ended December 31, 2019 on or before June 8, 2020, and to file the unaudited first quarter 2020 financials soon thereafter, with an aim to not delay the Company’s annual general meeting of shareholders beyond the end of June.

For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 | sean@zoomaway.com or stay up-to-date and sign up for our newsletter.

About Us

Zoomaway Travel Inc. is a technology company that is revolutionizing the Hospitality and Travel Industries. We have developed a variety of software solutions that enhance the planning and engagement of everyday tourists. Our flagship project, ZoomedOUT, is a complete modernization and re-imagination of mobile travel apps. In a full 3D environment, we are able to integrate planning, booking, social media, and camaraderie into a tangibly rewarding experience. We are combining Travel, Hospitality, Mobile Gaming and Augmented Reality to change the way users travel into 2020 and beyond. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.

About Zero8 Studios, Inc.

Zero8 Studios, based in Reno, Nevada, specializes in new and innovative games and technology platforms. With a focus on social gaming and almost two decades of experience building countless game titles, gaming platforms, and various technologies. The Zero8 Studios’ team has assisted dozens of AAA publishers, large clientele, manufacturers, and casinos in the design, production, and delivery of their products to players around the world. Additional information can be found at www.zero8studios.com.

Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor it’s Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.