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Introducing a New Way to Workout to the Home Fitness Community
Highlights:
- TUT Fitness Group designs new aluminum tips for its TUT Trainer⢠gym to increase resistance band loads to 200 pounds
- At 11.6 lbs, the TUT Trainer⢠Home Gym Incorporates Internationally Patented TUT Stackable Plate⢠resistance bands, which replace the expensive and bulky metal weights a first for the $ 9.5 billion global home gym market1
- TUT Fitness Group offers free upgrade kits to all existing customers
VANCOUVER, BC, October 6, 2021 / PRNewswire / – TUT Fitness Group Inc. (the “Society” Where “TUT“) (TSXV: GYM) announced today that it has upgraded its TUT Trainer ⢠exercise machines to increase load tolerances to 200 lbs of resistance band strength. The upgrade allows for workouts. more intense under tension in the home gym, using the patented TUT Plate ⢠System.
The power upgrade comes in the form of new machined aluminum end caps for its patented TUT Plate ⢠resistance band technology exercise system. TUT is a game-changer in the home gym industry as it is one of the first to bring an affordable, lighter and well-designed device to the mass market.
âWe continue to improve our TUT exercise equipment and this is the first of several upgrades that we plan to roll out. Our TUT trainer offers a whole new way to train based on precisely designed resistance bands. and attached to a sleek aluminum frame. As the fitness community continues to embrace our products and exercise philosophy, we are responding to their demands for further innovations, âsaid Rob smith, CEO of TUT Fitness Group.
Miamicelebrity fitness trainer, Ky evans said: “I can’t say enough good things about the TUT Trainer and its stackable resistance bands. I have spent my career training clients with Time Under Tension equipment. This is the first time I see it. a truly affordable AND portable Time Under Tension Device that gives me the versatility and creativity I want while working with my clients, professional athletes and celebrities. “
The company also offers free upgrades to all TUT Trainer customers.
Investor Relations
TUT is pleased to announce that it has retained Jean Martin to provide investor relations services for the Company. Pursuant to an investor relations agreement, Mr. Martin will provide investor relations and shareholder communications services for the Company. The contract is monthly, terminable with one month’s notice, at the price of CA $ 5,000 plus GST per month. Martin has worked in public procurement for over 25 years. He was previously Chairman of Fibera AG, an investor / public relations firm, and most recently Director of Investor Relations for Patriot One Technologies. Mr. Martin is based at Vancouver, BC The commitment of Jean Martin is subject to the approval of the TSX Venture Exchange.
The Company is also pleased to announce the launch of a 12-month online marketing campaign via the AGORACOM platform in partnership with AGORA Internet Relations Corp. (“AGORACOM“) with the aim of increasing the visibility and notoriety of the Company on the main online platforms, while assisting in the sale and marketing of TUT products and services.
The AGORACOM digital marketing campaign is planned for a period of 12 months for a total annual cost of $ 100,000 plus HST, which will be paid entirely in common shares of the Company in five equal installments of $ 20,000 plus HST each at 3 month intervals during the term of the engagement. The deemed price of the securities to be issued will be determined after the date on which the services are provided in each period and must be calculated using the closing price on the TSX Venture Exchange on the date of issue in accordance with the marketing agreement. .
The issuance of all shares related to the Marketing Campaign Agreement is subject to TSX Venture Exchange policies and regulatory approvals. Each share issue will be subject to a four-month hold period.
AGORACOM is the pioneer in online marketing, broadcasting, conferencing and investor relations services to North American small and mid-cap public companies, with more than 300 companies served. AGORACOM is home to over 7.7 million investors who have visited 55.2 million times and read over 600 million pages of information over the past 10 years. The 8:43 average visit is more than double that of most global financial sites, which can be attributed to the implementation and enforcement of the toughest moderation rules in the industry.
ABOUT TUT FITNESS GROUP:
TUT is a Vancouver-Canadian manufacturer of high performance fitness products. The company has designed, patented and manufactured one of the world’s smallest (11.6 lbs) and most affordable high performance home gyms. Incorporated in 2018, TUT is an emerging player in the connected equipment space Home Gym and Fit Tech, targeting US $ 9.5 billion Global Home Exercise Equipment Market2 and the online fitness market, which should be US $ 30 billion by 20263.
TUT’s patented industry-first stackable resistance bands (TUT Plates â¢) allow the user to increase or decrease resistance loads up to 200 lbs of resistance. Used in both the TUT Trainer ⢠and the TUT Rower â¢, this new breakthrough in functional strength training and cardio training incorporates time under tension to target each muscle group without additional strain on joints or tendons, optimizing workouts and raising the bar for personal home gyms.
For more information please contact:
[email protected]
Rob smith
CEO, TUT Fitness Group
Forward-looking statements
Certain statements contained in this release are forward-looking statements or information, which include TSX Venture Exchange approval of AGORACOM and Investor Relations agreements, TUT Fitness Group licensing its technology, technology expectations and results. TUT Fitness Group patent, 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 which are not purely historical, including statements regarding beliefs, plans, expectations or intentions regarding the future. This information can generally be identified by the use of forward-looking terms such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or their negative or similar variations. . The reader is cautioned that the assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those expected, due to many known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company, including, but not limited to. ” limiting, the and conditions of the capital market, the ability to manage operating expenses, security threats and reliance on key personnel and including other risks filed under the profile of the Company on SEDAR at www.sedar.com. These 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 demand for its products, anticipated costs and the ability to meet objectives. Factors that could cause actual results to differ materially from those of forward-looking statements include failure to obtain regulatory approval, continued availability of capital and financing, equipment and technology failures, litigation, increased operating costs, the impact of COVID-19 or other viruses and diseases on the Company’s ability to operate, competition, non-compliance by counterparties with their contractual obligations, fluctuations in exchange rates, government regulations, loss of key employees and consultants, and general economic, market or business conditions. The forward-looking statements contained in this press release are expressly qualified 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 are made as of the date of this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise. Further, the Company assumes no obligation to comment on any expectations or statements made by third parties with respect to the matters discussed above.
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SOURCE TUT Fitness Group Limited
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