Jasper Commerce Announces Departure of Chief Financial Officer

VANCOUVER, BC, Dec. 23, 2022 /CNW/ - Jasper Commerce Inc. (TSXV: JPIM) ("Jasper" or the "Company"), a leading provider of Product Information Management ("PIM") solutions, announces the departure of Mike Hodes, Chief Financial Officer, from the Company effective immediately.

"Mr. Hodes for personal reasons has resigned his position as CFO.  In order to facilitate an orderly transition to Ken Gutierrez Interim CFO who has been with Jasper since April 2022, Mike will stay on as a special consultant for the next six months.  On behalf of the Board, I wish to thank Mr. Hodes for his dedicated service to Jasper over the years. We wish him well in his future endeavours," commented Gerry Hurlow, Jasper's interim Chief Executive Officer  and the Chair of the Board of Directors. About Jasper Commerce Inc.

Jasper offers a Product Information Management ("PIM") solution that has the objective of empowering eCommerce merchants to manage and merchandise their products from a single source of truth, facilitating them to sell more, sell faster and work smarter. Jasper's PIM is accessible from anywhere via a web-browser and is intended to simplify the process by which online merchants import product data into the PIM. Once uploaded, merchants can add various product data including product attributes, images, videos, marketing information, inventory quantities and price books and efficiently merchandise their products using various features that include, among other things, the ability to adjust product categorization, pricing data and other key metrics. Jasper's PIM also allows for automatic syncing to popular eCommerce storefronts, marketplaces, or other connected channels, whenever new products are added to the PIM.

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

Forward Looking Statements

This release may contain 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 Jasper 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 forward looking statements. Jasper expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

SOURCE Jasper Commerce, Inc.

Gerry Hurlow, Chairman, [email protected], [phone]; Nik Thadani, Investor Relations, [email protected], [phone]