Mr. Rob Smith reports

TUT FITNESS SIGNS THIRD PURCHASE ORDER WITH US CORPORATE WELLNESS PROVIDER INVITE FITNESS, EXPANDING FURTHER INTO THE US$27.2 BILLION CORPORATE WELLNESS MARKET

InVite Fitness LLC, a U.S. corporate wellness provider, has placed a third order of TUT Fitness Group Inc.'s TUT Trainer microgyms to support its employee benefit programs, further expanding TUT's presence in the $27.2-billion (U.S.) corporate wellness market.

Corporate wellness is an important pillar in any organization's employee retention and recruitment strategy, especially in the context of historically low unemployment numbers. Increasing employee engagement, while addressing workplace mental and physical health, is often key in the battle for top talent and TUT is proud to be an integral component of InVite Fitness's important initiative in this area.

TUT chief executive officer Rob Smith commented: "Our goal has always been to provide flexible, high-value and portable solutions to our B2B customers and the $27-billion-plus (U.S.) corporate wellness market. Our patented resistance band technology provides great strength benefits to people of all fitness levels and we're excited to be working with InVite and other B2B clients to support employee wellness programs. This ongoing partnership underscores our commitment to promoting health, wellness and overall employee well-being."

Seth Grossman, general manager for InVite Fitness, commented: "We are excited to strengthen our partnership with TUT Fitness across our various B2B corporate wellness channels, which include municipalities, and health and employee benefit and reward programs. The TUT Trainer microgym's portability, exceptional performance and strong value expands our customer base and corporate wellness reach, so that we can continue to meet clients' health needs at home, in the office or on the road."

The U.S. corporate wellness market is estimated at $27.2-billion (U.S.) in 2022, representing 38.79 per cent of a global market that is on track to reach $90.4-billion (U.S.) by 2026, growing at a compound annual growth rate of 6.8 per cent.

About TUT Fitness Group Inc.

TUT Fitness is a Vancouver-based designer and Canadian manufacturer of high-performance and affordable fitness products, targeting the $16.5-billion-plus (U.S.) global home fitness equipment market, which is expected to hit $21.84-billion (U.S.) by 2026.

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