Simply, Inc. Announces the Opening of its New Simply Mac Store in Wilmington, North Carolina

MIAMI, July 27, 2021 /PRNewswire/ -- Simply, Inc. (OTCQX: SIMP) (the "Company") announced the grand opening of its new Simply Mac retail store in Wilmington, North Carolina. This 2,296 square foot official Apple Premier Partner Store is located at 6837 Main Street, Wilmington, North Carolina, and will offer the entire suite of Apple products, as well as third party accessories and Simply Mac's signature service and warranty repairs on all product categories by our trained team of Apple-certified technicians. Simply Mac also offers customer financing and extended warranty coverage on all Apple products.

Commenting on the new Simply Mac store opening, Reinier Voigt, Chief Executive Officer of Simply, Inc., stated: "Wilmington is a port city in the southern portion of the state, boasting over 260,000 residents in the metropolitan area and listed as the 8^th largest city in North Carolina. Its downtown Historic District is home to Riverwalk, a 1.75-mile boardwalk lined with restaurants, galleries and shops that runs along the Cape Fear River.  Wilmington is also home to the University of North Carolina Wilmington, a public research university with approximately 18,000 students located about 10 minutes from our new store. With the closest Apple store two hours away in Raleigh, our team of sales professionals and Apple-certified technicians look forward to serving the product and service needs of the residents and students who call Wilmington home. We are excited to grow our presence in the North Carolina/ South Carolina market. This is our second store in North Carolina, and we have plans for three additional stores in the Carolinas in the near future."

About Simply, Inc.

Simply, Inc. is a Miami-based company that is the parent of Simply Mac, the largest Apple Premiere Partner in the U.S. with 48 retail stores in 16 states, an authorized reseller of the entire line of Apple products and provider of expert warranty repair service by Apple-certified technicians. Additional information can be found on its websites at www.simplyinc.com and www.simplymac.com.

Forward-looking and cautionary statements

Forward-looking statements in this press release and all other statements that are not historical facts are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements, including those related to store expansion plans, the offering of the entire suite of Apple products, third party accessories and service and warranty repairs on all product categories in the Wilmington Simply Mac store, our ability to open new store locations consistent with our site selection model, our ability to attract and retain new customers, our ability to meet projected operating income, our expectations for store profitability, our expectations for future lease rates, our ability to capitalize on operational efficiencies, our supply chain and our customer traffic, involve factors, risks, and uncertainties that may cause actual results in future periods to differ materially from such statements. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements, including actions by third parties, including Apple. A list and description of various risk factors related to Simply, Inc. can be found and reviewed in the Company's Annual Report on Form 10-K for the year ended January 30, 2021, which can be accessed under the Company's profile at www.sec.gov. These forward-looking statements speak only as of the date of this release and we undertake no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release, except as required by law.

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SOURCE Simply, Inc.