CEO comments on progress of Tribal Rides' patented FSD technologies; impact on Trusted Rides shared-ride app platform

MISSION VIEJO, CA / ACCESSWIRE / July 3, 2023 / Tribal Rides International, Inc. (OTC PINK:XNDA) CEO Joseph Grimes welcomed Elon Musk's latest tweet on Tesla's Full Self Driving software progress as additional credibility to Tribal Rides' continued development of anticipatory demand and location software for self-driving vehicles.

"Since 2014 when we filed our first patent applications for self-driving vehicle software, we have eagerly awaited the development and expansion of this market," said Tribal Rides International, Inc., CEO Joseph Grimes.

"Elon Musk's tweet about progress on Tesla's FSD technologies adds credibility to the efforts we've undertaken to address the anticipatory demand and location of self-driving cars within our transportation network," he added.

Acknowledging that the self-driving vehicle adoption cycle will continue to take time for the technology to develop and for consumer embrace of concept, Tribal Rides is nonetheless dedicated to its development.

"Our plan is to provide those new capabilities within our network to our current shared-ride drivers so they can participate, contribute, and profit from this technology innovation," explained Grimes. "We intend to empower our current Trusted Ride drivers to migrate to this new technology and ultimately democratize this process…not leaving it to a few large monopolistic companies to profit and dominate."

The company also confirmed that version2 of Tribal Rides International's Trusted Rides apps remains on schedule for revenues in Q4 2023.

Drivers and riders interested in additional details and/or participating in a pre-production release are encouraged to email drivers@tribalrides.com or riders@tribalrides.com.

For more details, visit www.tribalrides.com.

About Tribal Rides International (OTC:XNDA) Tribal Rides is an emerging market company developing "Trusted Ride", a cloud-based Mobility-As-A-Service (MAAS) shared-ride application and interface for a comprehensive social network and mobile app for both drivers and riders. The App empowers drivers to grow their businesses on their own terms and create trusted relationships with preferred clients for repeat rides.

Forward-Looking Statements

This news release contains forward-looking statements that reflect Management's current views about future events and financial performance. Forward-looking statements often contain words such as ''expects,'' ''anticipates,'' ''intends,'' or ''believes.'' Our forward-looking statements are subject to a number of risks and uncertainties that may cause actual results and events to differ materially from those projected in the forward-looking statements. Risks and uncertainties that could adversely affect us include, without limitation, the loss of major customers, our failure to obtain new contracts, our inability to patent products or processes, our infringement of patents held by others, our inability to finance our business and the other risks and uncertainties that are discussed in our most recent filings with the Securities and Exchange Commission. The forward-looking statements in this news release are made only as of the date of this news release. We undertake no obligation to update our forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information:

Tribal Rides International Corp. Joseph Grimes
Founder and CEO joeg@tribalrides.com

SOURCE: Tribal Rides/Xinda International, Inc.