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TUT Fitness Group Inc
Symbol	GYM
Shares Issued	36,605,349
Close 2023-08-08	C$ 0.04
Market Cap	C$ 1,464,214
Recent Sedar+ Documents

TUT Fitness to add TUT Trainer to RFA catalogue

2023-08-09 09:15 ET - News Release

Subject: TUT Fitness Group Inc news release - TUT Partners with Recovery for Athletes Word Document File: '\\swfile\EmailIn\20230809 052411 Attachment 20230808 TUT Partners With Recovery For Athletes.docx' TUT Fitness Agrees to Partnership with Premier Health and Wellness Retailer Recovery for Athletes to Provide U.S. Consumers with the Very Latest in Affordable Microgym Training Key Highlights: Recovery for Athletes is the most-trusted and best-positioned athletic recovery and fitness equipment store, with a carefully curated platform showcasing the very best products on the market. The TUT Trainer(TM) Microgym and Rower(TM) will now be available for sale on the Recovery for Athletes online store and promoted through their targeted newsletter. This brand partnership will help connect athletes at all skill levels, from weekend warriors to professionals, to TUT Fitness' innovative and versatile suite of products. News Release - Vancouver, British Columbia - August 9, 2023: TUT Fitness Group Inc. (TSX-V:GYM) (Frankfurt: 7PG) ("TUT" or "The Company"), one of the leading providers of high-performance and affordable microgyms, and Recovery for Athletes ("RFA"), a leading US-based specialty health and wellness retailer, announced a brand partnership today that will add the TUT Trainer(TM) Microgym and Rower(TM) to RFA's carefully curated catalog of products. For the past six years, Recovery for Athletes has been offering the very best that the market has to offer, and this brand partnership will help connect athletes at all skill levels, from weekend warriors to professionals, to TUT Fitness' innovative and versatile suite of products. The partnership will also see TUT Fitness products promoted through RFA's targeted newsletter. "Recovery for Athletes is excited to partner with TUT Fitness," commented Adam Singer, Co-Owner and Business Development Executive for RFA. "Our team works diligently to partner with companies that create quality products, with respect to training and athletic recovery. We have built a good relationship with Rob, Stefan, and Costa. They each have exemplified a passion for the fitness industry as a whole, and we are confident in the growth potential for both companies. TUT Trainer(TM) Microgym and Rower(TM) are functional, portable and are both a perfect addition to our dynamic platform." TUT Fitness VP Global Partnerships and Business Development Stefan Sillner commented further: "We're excited to be partnering with forward-thinking retail partners like Recovery for Athletes, because it allows us to connect our high-performance and affordable microgym solution to a larger audience of athletes and fitness enthusiasts, all across the U.S." TUT Fitness is revolutionizing portable full-body resistance strength training with its TUT Trainer(TM) Microgym and Rower(TM) attachment, which can be used for pilates and yoga resistance style workouts. With a sleek and elegant design, weighing less than 12 lbs, the TUT Trainer(TM) offers over 350 different exercises in less than 2 square feet of space, utilizing TUT's industry-first patented stackable resistance band technology. Priced just under US$1000, it provides customers with greater versatility, convenience, and performance, for less than the cost of a gym membership. The TUT Trainer(TM) Microgym retails for $997 or as low as $42/mo or 0% APR with Affirm, including subscription. www.tutfitnessgroup.com | Corporate Video |Facebook | Twitter | Instagram | LinkedIn | YouTube # # # TUT TRAINER(TM) PRODUCT SPECS: High-performance microgym Quick and easy to set up (15 minutes) No power required Small footprint (<2 sq. ft.) Portable - train anywhere (11.6 lbs / 5kg) Complements any gym setting (commercial / home) Resistance loads up to 200 lbs (90 kg) Less than half the price of leading home gym brands TUT Training App* (over 350 exercises and OnDemand Workout Classes) [1] Watch the TUT Trainer(TM) highlight video to learn more about the home gym that fits anywhere. Fitness professionals interested in sharing the TUT Fitness advantage with their clients and communities can join the TUT Fitness Athlete Affiliate Program. For distribution, sales, and partnership inquiries please contact us at info@tutfitnessgroup.com ABOUT RECOVERY FOR ATHLETES Recovery for Athletes was founded by two brothers, Jared Hiltzik and Aron Hiltzik, whose passion for sports longevity transpired into creating a company that has now helped thousands of athletes, collegiate sports teams, fitness trainers, physical therapists, sports performance facilities, gyms and many more. Jared and Aron grew up playing all sports, but ultimately decided to pursue their passion for tennis. After successful bouts at the University of Illinois, both Jared and Aron went on to compete on the men's ATP Tour. Throughout their careers, both brothers knew how important it was to maintain a healthy routine, remain injury-free and learn about the best strategies. They were exposed to hundreds of different recovery products to help keep them healthy and further their success, respectively. Some of these products worked and some of them didn't. Our promise at Recovery for Athletes is that the products we offer are the ones that have worked and helped countless athletes with their fitness journey. Jared and Aron have built, with the help of a fantastic team, their company into the premier one-stop shop for all an athlete needs! They've created and maintained strong partnerships with over 150 industry-leading brands, divided into 5 major sections: athletic recovery, fitness equipment, nutrition & supplements, massage chairs and saunas. At the end of 2022, Recovery for Athletes added Adam Singer to their leadership team. Prior to joining RFA, Adam worked extensively in both operational and strategic roles within 3 different industries. Since his addition, Adam has worked seamlessly to strengthen existing relationships, positively impact the company's brand strategy and cultivate new business partnerships. Recently, the company was honored amongst the Inc. 5,000 Fastest Growing Private Companies! --- For more information, please contact: adam@recoveryforathletes.com For any sales inquiries, please contact: sales@recoveryforathletes.com ABOUT TUT FITNESS GROUP: TUT Fitness is a Vancouver-based designer and Canadian manufacturer of high-performance and affordable fitness products, targeting the US$15.13B global home fitness equipment market, which is expected to hit US$21.84B by 2026. [2] TUT's industry-first patented resistance band technology (stackable TUT Plates(TM)) is the backbone of the TUT Trainer(TM) Microgym, a high-performance and versatile alternative to bulky exercise machines and free weights. Weighing only 11.6 lbs, the TUT Trainer(TM) differs from traditional machines by allowing progressive resistance to be added to any rep or movement. Using just 36 ounces of calibrated resistance bands, and able to generate up to 200 lbs. of resistance the user experiences constant and incremental Time Under Tension (TUT) throughout the complete range of motion, and assistance with form. The patented resistance band technology and unique gym design ensures maximum full body muscle recruitment, and multiplanar movement, without added pressure to joints or tendons. The TUT Trainer(TM) replicates everything you can do in the gym with more than 300 exercises delivering all-in-one functional strength, prehab/rehab and cardio training in less than 2 square feet of space. Leveraging TUT's resistance band technology the complementary TUT Rower(TM) is great for demanding cardio yoga and pilates style resistance training , and weighs only 21 lbs, rounding out the perfect all-in-one multi purpose gym and cardio solution. For further information please contact: Rob Smith CEO, TUT Fitness Group Inc. robs@tutfitnessgroup.com FORWARD-LOOKING STATEMENTS Certain statements in this release are forward-looking statements or information, which include the preferred affiliate sales program, TUT Fitness Group licensing its technology, expectations, and outcomes from the TUT Fitness Group's patented technology, development of technologies, the expectations and expected outcomes with the advisors, the Company's mission and goals, the benefits and expectations from the patents and overall IP portfolio, the expected customer demand for TUT Fitness Group's products, increase in distribution and sales, global expansion, the updates to TUT products, future plans, regulatory approvals and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that 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 predicted, as a result of 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 dependence on key personnel and including those other risks filed under the Company's profile on SEDAR at www.sedar.com. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, equipment and technology failures, litigation, increase in operating costs, lack of demand for the Company's products and services, the impact of COVID-19 or other viruses and diseases on the Company's ability to operate, competition, failure of counterparties to perform their contractual obligations, exchange rate fluctuations, government regulations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above. [1] Integrates with Apple Watch/Healthkit, Fitbit, Garmin, Withings, My Fitness Pal. [2] Source: Research and Markets (July 14, 2022) https://www.globenewswire.com/news-release/2022/07/14/2479503/28124/en/Home-Fitness-Equipment-Global-Market-to-Grow-to-21-84-Billion-by-2026.html