Expanding Worldwide IP Portfolio Highlights
TUT's Game-Changing Resistance Band Technology and Commitment to
Universal Functional Strength Training
Key Highlights:
- TUT Fitness Group executes on its worldwide IP strategy and
adds 18th patent to its growing portfolio.
- The TUT Trainer™ micro gym uses patented stackable resistance
band technology to deliver a high-performance functional fitness
experience.
- TUT Trainer™ Gym delivers a high performance, space-saving and
functional product for under $1000
VANCOUVER, BC, Sept. 15,
2022 /CNW/ - 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:
- Lightweight: 11.6 lb/5kg TUT Trainer & 21 lbs. TUT
Rower
- Portable and easy to set up - it takes just 15 minutes
- Compact, small footprint, less than 2 sq. ft.
- Complements any gym setting (commercial or at-home)
- Less than half the price of leading home gym brands
- TUT Plates™ replace 200 pounds of metal weights with just 48
ounces/1,360 g of calibrated resistance bands (2lb, 5lb, 10lb, 20lb
& 40lb increments)
- TUT Training App* features over 250 exercises and OnDemand
Workout Classes
*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 info@tutfitnessgroup.com
ABOUT TUT FITNESS GROUP:
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:
robs@tutfitnessgroup.com
Rob Smith
CEO, TUT Fitness Group Inc.
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 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
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SOURCE TUT Fitness Group Limited