ARCPOINT APPOINTS BOB MANN AS PRESIDENT OF FRANCHISE GROUP

Greenville, South Carolina, May 15, 2023 (GLOBE NEWSWIRE) -- ARCpoint Inc. (TSXV: ARC) (the “Company” or “ARCpoint”) a leading US-based franchise system providing drug testing, alcohol screening, DNA and clinical lab testing services, is pleased to announce that Mr. Bob Mann has been appointed President of ARCpoint Franchise Group LLC (“AFG”), a wholly owned US subsidiary of the Company that operates ARCpoint’s franchise business. Mr. Mann comes to AFG with over 20 years of successful leadership and innovation experience including 15 years in the US diagnostic services space. He will be responsible for driving both top line growth at all franchisee locations and growing the Company’s distribution network from the current 134 locations.

ARCPoint CEO John Constantine stated “Our top priority right now is to increase revenues by making it easier for customers to access and use our products and services, thereby removing sales impediments for our franchisees with their B2B customers, and at the same time driving more individual consumer traffic through franchisee locations. The key to our success in these endeavours will be the adoption of our new technology platform by both franchisees and consumers”.

The Company has now largely completed its new, integrated technology platform comprised of MyARCpointLabs and Total Reporting. The MyARCpointLabs portal for direct-to-consumer testing is an e-commerce platform that will make it much easier for individual customers to find and order the clinical tests that are available through the ARCpoint system. Total Reporting, the Company’s B2B portal, will allow ARCpoint’s franchisees to market more services through a more efficient, integrated platform that is much easier for B2B customers to use. Currently, about one-third of the AFG network has signed up and trained on the Total Reporting system. Deployment in initial locations of the Company’s consumer facing platform, MyARCpointLabs, is expected in the second quarter of 2023.

Mr. Constantine concluded, “For this reason, we are excited that Bob is joining us to lead the franchise group given his track record of successfully developing and implementing programs and processes to drive revenue in the healthcare diagnostics industry”.

On joining the ARCpoint team Mr. Mann said, “I couldn’t be more excited to work with this team and group of owners. We are focused on the successful rollout of our new platform which we expect will drive revenue and profitability for our franchisees and our system as a whole. We believe the proprietary nature of the platform gives our owners a unique advantage and ARCpoint a unique value as a company.“