TUT Health Group and CENTRED Signal World Partnership Settlement to Promote TUT Train Tools to Non-public Market of 57 Million Well being & Wellness Customers

Published: October 13, 2021 at 6:00 a.m. CDT|Updated: 51 minutes ago

Key highlights:

  • TUT Fitness Group signs global partnership agreement with CENTERED wellness community
  • The agreement will promote TUT Fitness Group as a featured fitness brand in a private marketplace of 57 million affluent health and wellness products consumers
  • TUT exercise equipment buyers also receive free lifetime membership to CENTERED community and concierge services

VANCOUVER, BC, Oct 13, 2021 / PRNewswire / – TUT Fitness Group Inc. (TSXV: GYM) (“TUT”) announces the signing of a global partnership agreement with CENTERED to bring the TUT Trainer ™ and TUT Rower ™ exercise machines to the CENTRED app-based community at 57 years old Millions of residents advertise consumers of wellness products and services.

TUT Fitness Group and CENTERED Sign Global Partnership Agreement to Promote TUT Exercise Equipment in the Private Marketplace of 57 Million Health and Wellness Consumers (CNW Group / TUT Fitness Group Limited)

Under the terms of the agreement, CENTERED will promote the TUT Fitness Group as a featured fitness brand and earn affiliate commissions on every sale of TUT Trainer ™ and TUT Rower ™ exercise equipment. Consumer buyers of TUT products also receive a free lifetime membership in CENTRED’s private marketplace (worth $ 1,500/Year). Through this strategic partnership, TUT is able to benefit from the 57 million wealthy members of CENTRED around the world.

CENTERED serves as a one-stop, private, digital concierge that gives members access to personalized recommendations for gyms & products, spas, telemedicine, restaurants, excursions, retailers and lounges in more than 200 cities worldwide. The app-based marketplace connects CENTRED members with world-class and emerging brands and experiences, offering tailored recommendations that prioritize the health and wellbeing of its members during and after their trip.

“We are excited about this partnership agreement because of the revenue potential it offers by bringing TUT products to a large audience of affluent consumers, and because we can gift our new customers with a free lifetime membership to CENTRED Wellness.” Rob Smith, Chief Executive Officer of the TUT Fitness Group.

LICENSING, SALES & DISTRIBUTION:
The TUT Fitness Group aims to revolutionize the home fitness market by licensing its stackable resistance band technology to other equipment manufacturers. TUT Fitness products have internationally patented TUT Plates ™ resistance bands as a core element in both the TUT Trainer ™ Tower and the TUT Rower ™, which are marketed and sold in the USA $ 9.5 billion Exercise Bike Market.

If you are interested in resale, wholesale, regional and international sales and licensing, please contact Mark Addison, Director of Strategic Sales & Partnerships, at: [email protected]

Please watch our corporate video or our social channels: Instagram, Facebook, Twitter, LinkedIn, TUT Highlights (YouTube).

ABOUT THE TUT FITNESS GROUP:

TUT is a Vancouver-based Canadian manufacturer of high-performance fitness products. The company has designed, patented, and manufactured one of the world’s smallest (11.6 lbs), most affordable, high-performance home gyms. Founded in 2018, TUT is an emerging player in connected exercise bikes and Fit Tech hardware targeting the $ 9.5 billion Global Exercise Bike Market1 and Online Fitness Market Expected $ 30 billion until 20262.

The patented stackable resistance strips from TUT (TUT Plates) allow the user to increase or decrease resistive loads with up to 200 lbs of resistance. This new breakthrough in functional strength and cardio training, used in both the TUT Trainer ™ Tower and the TUT Rower ™, includes Time Under Tension to target every muscle group without additional pressure on the joints or tendons, to optimize the workout and set the bar for personal home gyms.

For more information please contact:

[email protected]
Rob Smith
CEO, TUT Fitness Group

Forward-Looking Statements

Certain statements in this press release are forward-looking statements or information, including the approval of the AGORACOM and investor relations agreements by the TSX Venture Exchange, the licensing of their technology by the TUT Fitness Group, the expectations and results of the patented technology of the TUT Fitness Group , technology development, customer demand for TUT Fitness Group products, TUT product updates, future plans, regulatory approvals and other matters. Forward-looking statements consist of statements that are not purely historical, including statements about beliefs, plans, expectations, or intentions about the future. Such information may generally be identified by the use of forward-looking phrases such as “may,” “expect,” “estimate,” “anticipate,” “intend,” “believe” and “continue” or the negative or similar variations thereof. The reader is cautioned that the assumptions used in preparing forward-looking information could prove to be incorrect.

Events or circumstances could cause actual results to differ materially from those anticipated due to numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the company, including, but not limited to, business, economic and capital market conditions , the ability to manage operating expenses, security threats, and dependency on key personnel, and including the other risks recorded in the company’s profile on SEDAR at www.sedar.com. Such statements and information are based on numerous assumptions about current and future business strategies and the environment in which the company will operate in the future, including the demand for its products, expected costs and the ability to achieve goals. Factors that could cause actual results to differ materially from those expressed in any forward-looking statement include lack of regulatory approval, continued availability of capital and financing, equipment and technology outages, litigation, increases in operating costs, the impact of COVID-19 or other viruses and diseases on the company’s legal capacity, competition, non-fulfillment of contractual obligations by counterparties, exchange rate fluctuations, government regulations, the loss of key employees and consultants as well as general economic, market or business conditions. Forward-looking statements in this press release are expressly restricted by this cautionary statement. The reader is cautioned not to place undue reliance on forward-looking information.

The forward-looking statements contained in this press release speak as of the date of this press release. Unless required by law, the company disclaims any intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or for any other reason. Furthermore, the company assumes no obligation to comment on the expectations or statements of third parties with regard to the matters discussed above.

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SOURCE DOES Fitness Group Limited

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