VANCOUVER, BC, Nov. 10,
2022 /CNW/ - TUT Fitness Group Inc. (TSXV: GYM)
(Frankfurt: 7PG) ("TUT" or
"The Company"), the leading provider of high-performance and
affordable micro gyms, announced today that it has added
Ron Lynch (former creative
strategist for Go Pro, Samsung,
J&J), and Eric Petersen (former
SVP of Global brand and community at lululemon) as sales and
marketing executive advisors to its strategic advisory board.
"We are excited to have both Ron and Eric on board, especially
as we enter such a crucial phase of our sales roadmap," said TUT
CEO, Rob Smith. "We have just
launched the second-generation TUT TrainerTM and our DTC
program and their expertise will be invaluable as we continue to
build our brand. This is perfect timing, as well, because over the
next two weeks we'll be announcing the TUT Global Ambassador team,
who will be working closely with Ron and Eric."
Ron Lynch is a
prominent direct response television producer, sales executive and
well-known author who has helped household brands make over
$5.5 billion in sales. He has a
passion for innovations that solve real-world problems for
consumers and is the creative strategist behind the success of
GoPro and 70 other brands, including Rug Doctor, Orange Glo and
OxiClean. Ron's clients include Sansung, Johnson & Johnson, and
The S.C.Johnson Family of products. He recently led the successful
launch of ALL33 and the Backstrong Chair, securing key endorsements
from Justin Bieber and Tom Hanks.
"This is the most intelligent purchase you can make this year,"
said Ron Lynch about the TUT
TrainerTM and TUT RowerTM. "Your body and
your health are the most important status symbols you have and
you'll see results after a few sessions with these products. I have
launched over 70 major brands and I've learned that the secret is a
product that works so well and easily that your customers can't
help but advertise it for you. The TUT TrainerTM and TUT
RowerTM are like that."
Eric Petersen was a
founding member of lululemon's executive team in 2004, helping to
grow the company's revenue from $4
million to $4 billion over 15
years. He led lululemon's global marketing efforts, using
grassroots and disruptive brand practices including the launch of
their ambassador program, that helped create a category and global
lifestyle brand.
"I am very excited about TUT Fitness Group's future," said
Eric Petersen, "and I see an
opportunity to help grow their community and lay the foundations
for a campaign that engages athletes, ambassadors, distributors,
and strategic partners. Their products blend functional strength
and cardio training in a compact package and at an attractive price
point. There is potential for the TUT TrainerTM and TUT
RowerTM to become the must-have, mass market fitness
product, both domestically and internationally."
Ron and Eric join seasoned and experienced fitness and sports
industry experts on TUT Fitness' strategic advisory board,
including Mitch Malandrino (WRKOUT),
Stefan Sillner (Climbr) and
Charmaine Crooks (Corus).
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
Please see our Corporate Video or our social
channels:Instagram, Facebook, Twitter, LinkedIn, TUT
Highlights (YouTube).
TUT TRAINER™ PRODUCT SPECS:
- High performance micro gym (11.6 lbs/5kg)
- Quick & easy set up 15 minutes
- No power required
- Footprint (<2 sq. ft.)
- Portability - Train Anywhere
- Complements any gym setting (commercial /at home)
- Resistance load up to 200 lbs (90 kg)
- Less than ½ the price of leading home gym brands
- TUT Training App* (300 + exercises & OnDemand Workout
Classes) [1]
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™) is the backbone of the TUT Trainer™ micro
gym, a high performance and convenient alternative to bulky
exercise machines and free weights. Weighing only 11.6 lbs, the TUT
Trainer™ 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™ 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 2
square feet of space. Leveraging TUT's resistance band technology
the complementary TUT Rower™ 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:
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 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
|
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SOURCE TUT Fitness Group Limited