BuildDirect Subsidiary Signs US$106,000 Contract with U.S. Construction and Renovation Company

BuildDirect.com Technologies Inc. (“BuildDirect” or the “Company”), a leading omnichannel building material retailer, is pleased to announce that the Company’s wholly-owned U.S. subsidiary, FloorSource Wholesale & Supply (“FloorSource”) has signed an approximately US$106,000 contract with a U.S. construction and renovation company (the “Customer”) in connection with a flooring installation project in New York, United States, that is currently in development (the “Contract”).

The Customer focuses on delivering interior construction and renovation services for various types of businesses. According to the terms of the Contract, FloorSource will provide luxury vinyl flooring materials to the Customer as part of a three-phase project of which FloorSource has completed the first phase. The Contract is expected to be completed in Q1 2023.

“We are delighted to announce a new contract with a U.S. construction and renovation company,” said Shawn Wilson, CEO of BuildDirect. “As part of our B2B-focused strategy, we aim to continue supplying unique products to B2B customers that require quality flooring materials. We look forward to completing the remaining two phases of this Contract.”

About BuildDirect

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.

Source: BuildDirect.com Technologies Inc.