Mr. Dax Dasilva reports

FROM SCREENGRAB TO WEBSITE: LIGHTSPEED UNVEILS INNOVATIVE AI-POWERED WEBSITE BUILDER FOR RETAILERS

Lightspeed Commerce Inc. is rolling out a cutting-edge, new, artificial-intelligence-driven website building tool, designed to help retail merchants generate Web pages from a simple screen grab.

No need for manual coding or third party developers. This innovative tool lets retailers create custom Web elements without coding by using AI to analyze screen captures and generate production-ready code. Merchants simply describe or show Lightspeed's Website Builder what they want using real-world examples, and the tool builds them fully integrated, professional-looking on-line stores with speed and ease. This democratization of Web building can save retailers time and money, reduce complexity, and deliver beautifully on-brand websites in minutes.

"Designing a website in-house can be time-consuming, frustrating and complex for many merchants. Without design expertise or coding skills, they can often spend significant time experimenting with layouts, adjusting branding elements and troubleshooting issues to get their store looking just right," said Dax Dasilva, founder and chief executive officer at Lightspeed. "Our goal is to remove the friction from website design and give merchants the power to iterate at the speed of commerce. This AI-driven technology is a leap forward in e-commerce efficiency, which can help businesses of all sizes create compelling digital experiences effortlessly."

"As a self-taught entrepreneur, I built my Web store from the ground up, but would often hit roadblocks due to my skills and available tools. With this new solution, I've been able to create custom sections that perfectly match my vision -- without needing external help," said Ryan Pratt, owner of Colorado-based shoe store Treadz. "AI can be a game-changer for my on-line business, and I'm excited to see how Lightspeed is bringing these innovations into their platform."

Lightspeed's AI-powered website builder is currently available in beta version with select Lightspeed merchants, with broader availability expected later this year.

Lightspeed powers the world's best brands and retailers, including Birkenstock (Australia) and Neal's Yard (London). Lightspeed Retail is currently available in Canada, the United States, the United Kingdom, Belgium, the Netherlands, Australia and New Zealand.

About Lightspeed Commerce Inc.

Powering the businesses that are the backbone of the global economy, Lightspeed's one-stop commerce platform helps merchants innovate to simplify, scale and provide exceptional omnichannel customer experiences. The company's cloud commerce solution transforms and unifies on-line and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions, and connection to supplier networks.

With teams across North America, Europe and Asia-Pacific, the company serves retail, hospitality and golf businesses in over 100 countries.

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