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Sep 15, 2022, 08:00 ET
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Expanding Worldwide IP Portfolio Highlights TUT’s Game-Changing Resistance Band Technology and Commitment to Universal Functional Strength Training
VANCOUVER, BC, Sept. 15, 2022 /PRNewswire/ – TUT Fitness Group Inc. (TSXV: GYM) (OTC: GYMFF) (Frankfurt: 7PG) (“TUT”), the leading provider of high-performance and affordable fitness products, announces that it has added an 18th patent to its growing worldwide IP portfolio, as it continues to deliver on its mission to make functional fitness training available for everyone.
The TUT Trainer™ micro gym uses patented resistance band technology to deliver a high-performance workout experience; improving form and targeting every muscle group without adding pressure to joints or tendons. The stackable TUT Plates™ are a safer and more convenient alternative to bulky and expensive gym equipment with heavy metal plates. Unlike free weights, TUT’s stackable resistance bands maximize the amount of work being done and provide constant and incremental tension known as Time Under Tension (TUT) throughout the complete range of motion.
Chief Product Officer, Aaron Fader, had this to say about the IP milestone: “We’re very excited about being awarded our 18th patent. Intellectual property is in our corporate DNA and this milestone means that we are well ahead of schedule on our IP strategy. Having a strong and robust worldwide IP portfolio means that we are consolidating our first-mover advantage and creating a high barrier to entry for potential competitors.”
CEO Rob Smith added: “We made the unpopular, but deliberate decision to avoid getting caught up in the connected fitness battle so that we could focus on our core mission of making high-performance fitness training available and accessible to everyone and anyone. Our products deliver on some key fundamentals, providing better movement and functional strength training at a fraction of the cost. Our customers, including gym operators, property developers, celebrity and high-performance trainers, love our products’ space-saving design and features, portability (ie. office, beach, hotel) and easy installation.” We know this is unprecedented for the US$15.13B global fitness equipment market. [1]
The TUT Trainer™core product features include:
*integrates with Apple Watch/Healthkit, Fitbit, Garmin, Withings, My Fitness Pal
According to Research and Markets (July 14, 2022) “Space limitation in homes is expected to limit the growth of the home fitness equipment market. People living in cities are confined to small homes or apartments to manage their expenses, which limits the amount of space for fitness equipment. According to the American Council on Exercise (ACE), a treadmill or elliptical machine occupies 30 square feet, a stationary bike occupies 10 square feet, a rowing machine occupies 20 square feet, and free weights occupy 20 to 50 square feet of space. Moreover, the average size of a simple weight bench is 50 inches long and 19 inches wide. Therefore, it is difficult for the user to adjust everything in small spaces. Reduced space in houses resulting in space limitation for fitness equipment is hindering the market growth”. [2]
If you are a fitness professional click here to learn more about TUT Fitness Athlete Affiliate Program: https://tutfitnessgroup.com/affiliate-program/
For distribution, sales and partnership inquiries please contact us at [email protected]
TUT is a Vancouver-based Canadian manufacturer of high-performance and affordable fitness products. The company has designed, patented, and manufactured one of the world’s smallest (11.6 lbs), and most affordable high-performance micro gyms. Incorporated in 2018, TUT is an emerging player in the global fitness equipment space, targeting the US$15.13B global home fitness equipment market expected to hit $21.84B USD by 2026. [3]
With more than 250+ exercises, the multi-functional portable gym also includes an optional TUT Rower™; offering breakthrough functional strength and cardio training that raises the bar for personal home gyms.
The stackable TUT Plates™ are a safer and more convenient alternative to bulky and expensive gym equipment with heavy metal plates. Unlike free weights, TUT’s stackable resistance bands maximize the amount of work being done and provide constant and incremental tension known as Time Under Tension (TUT) throughout the complete range of motion. This means that every muscle group is targeted with less pressure on joints and tendons optimizing workouts and training.
For further information please contact:
[email protected]
Rob Smith
CEO, TUT Fitness Group Inc.
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 Company’s mission and goals, the benefits and expectations from the patents and overall IP portfolio, 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] [2] [3] 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
SOURCE TUT Fitness Group Limited
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