GlobeNewswire Inc | Dec 15, 2020 08:30AM EST

December 15, 2020

Leading Digital and Workplace Culture Designer and Entrepreneur, Christine Lai, Appointed Independent Director

BALTIMORE, MD, Dec. 15, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- Global Boatworks Holdings, Inc. (OTC: GBBT), ("Global" or "the Company") today announced that it has appointed Christine Lai to its board of directors effective immediately. She joins the board as an independent director. With prior experience in several industries including the burgeoning coachsultancy (coach-consultancy) space, education, hospitality, and sports, Lai is currently focused on enriching communities with authentic human connection that benefit all stakeholders. Lais organizational proficiencies and entrepreneurial acumen will bring valuable perspective and experience to the companys board as she is committed to cultivating the future of work.

Laurin Leonard, CEO and Co-Founder of GBBT, says, We are actively rebuilding the board and engaging a new team of professionals and consultants to help us execute on the vision we hold for our company and our customers. Christine is highly respected and has worked with top companies at all levels and is a strong voice in the conscious capitalism ecosystem as well as nonprofits focused on inclusion. She brings a plethora of much-needed experience and networks that will benefit both the Board and the Company. We are so happy to have her join the Board and lend her varied expertise.

When asked about why she is moving to join the Board, Christine remarks on the current climate and future ahead. Lai believes this past year has made it even more apparent how our social systems were not designed to equitably serve all of humanity. For me, R3 Score is bringing to market a product and service designed to address inequities around traditional risk models that impact people living with records as well as those that exist at other non-traditional margins of society. I am honored to join this board and look forward to ensuring all shareholders and stakeholders benefit from this product, said Lai.

About Christine Lai:

Christine Lai is a cross-sector collaboration catalyst and entrepreneur dedicated to connecting capital, ideas, opportunities, and people for positive social change. Lai is associated with The Ready, a change federation dedicated to preparing organizations for the 21st century. Previously, she served as Chief of Staff with Delivering Happiness, an organization creating more aligned, adaptable company cultures. While with Delivering Happiness, Lai collaborated with communities, organizations, and teams to create sustainable cultures to achieve their missions and visions.

Lai currently serves as a Community Activator on the ESHIP Summit Team - an initiative launched by the Ewing Marion Kauffman Foundation to support entrepreneurs, build ecosystems, and change the economy - where she focuses on partnerships and strategy. She is also a mentor in several programs, including Speranza Foundations Lincoln City Fellowship, Techstars Sustainability - in partnership with The Nature Conservancy, and Techstars Workforce Development.

Lai graduated from the University of California, Santa Barbara with a BA in Political Science.

About Global Boatworks Holdings, Inc. and R3 Holdings, Inc.

Global completed a definitive Share Exchange Agreement with Baltimore, Maryland based R3 Technologies, Inc. on September 23, 2020. R3 Holdings, Inc. is a SaaS company that provides a more contextualized criminal background report and alternative credit score for use by businesses of all sizes and in every industry. R3s AI-enabled, financial software platform uses proprietary data-driven scoring designed to unlock new valuable information about employees and financial services consumers utilizing a multi-factor algorithm based on 11 factors assessing character, capacity, and current choice. To learn more about R3 Score, visit www.R3Score.com.

Forward-Looking StatementsThis press release may contain forward-looking statements. Forward-looking statements reflect the current view about future events. When used in this presentation, the words anticipate, believe, estimate, expect, future, intend, plan, or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements include, but are not limited to, statements contained in this presentation relating to the view of management of R3 Score Technologies, Inc. (the Company) concerning its business strategy, future operating results and liquidity and capital resources outlook. Forward-looking statements are based on the Companys current expectations and assumptions regarding its business, the economy and other future conditions. Because forwardlooking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. The Companys actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Factors or events that could cause the Companys actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. The Company cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

Contact Info@R3Score.comInvestor Relations Contact:TraDigital IRKevin McGrath+1-646-418-7002kevin@tradigitalir.com