Collaboration enables renowned apparel company
to leverage Newtopia's novel mental health capabilities
TORONTO, March 31, 2022 /CNW/ - Newtopia Inc.
("Newtopia" or the "Company") (TSXV: NEWU)
(OTCQB: NEWUF), a tech-enabled habit change provider focused on
preventing, slowing and reversing chronic disease,
today announced that the Company is expanding its relationship
with one of the world's largest brand-name apparel companies and a
global leader in jeans wear. Through this expanded
partnership, the apparel company will leverage Newtopia's habit
change platform for improving employee mental health outcomes to
reduce the costs of care.
![Newtopia Logo (CNW Group/Newtopia Inc.) Newtopia Logo (CNW Group/Newtopia Inc.)](https://mma.prnewswire.com/media/1777278/Newtopia_Inc__Newtopia_Collaborates_with_One_of_the_World_s_Larg.jpg)
Since 2019, Newtopia and its renowned apparel company partner
have achieved outstanding results reducing employees' physical
risks associated with metabolic disease as well as the
corresponding development and progression of obesity, type 2
diabetes, heart disease and stroke. Of the 39% of individuals
achieving greater than 5% weight loss, the average reduction was an
impressive 10.1% of body weight. In addition, overall engagement
after 12 months topped 80%. Beginning in June 2022, the renowned apparel company will use
Newtopia's habit change platform specifically to increase employee
mental resilience and prevent pandemic-fostered burnout. The
initial Phase One population subset will comprise individuals who
self-identify through an online assessment/opt-in or have been
newly diagnosed with low acuity anxiety or depression. Over time,
Newtopia expects to have opportunities to expand the program and
other potential offerings.
With a focus on cognitive behavioral therapy (CBT) for symptom
relief through habit change, each hyper-personalized program will
leverage social determinants of health, behavioral genetics,
personal goals, personality assessment and baseline health metrics
to provide a whole person approach to physical and mental health.
Individuals will be personality-matched with health coaches, called
Inspirators, who help them make lifestyle changes that last –
ultimately lowering their risk for chronic disease while improving
mental health.
Using the rigorously tested, evidence-based Patient-Reported
Outcomes Measurement Information System (PROMIS®)
developed by the NIH, the solution will assess participants'
progress on five key dimensions: mood, anxiety, sleep, energy and
resilience. In the event PROMIS® scores reveal severity
above defined thresholds, a Patient Health Questionnaire (PHQ 8/9)
and a Generalized Anxiety Disorder (GAD-7) assessment will be
administered, followed by referral to a behavioral health provider
or primary care physician.
"We are thrilled to be expanding our partnership with one of our
longstanding partners who, like Newtopia, is acutely focused on
employee mental health and resilience," said Jeff Ruby, Founder and CEO of Newtopia. "With
nine out of ten employees of this particular apparel brand
recommending Newtopia to their colleagues, combined with the social
isolation, mental stress and generally poor habits that have been
fostered by the pandemic, there has never been a better time to
expand our partnership."
"Whole person health is more important than ever," noted Dr.
Karyn Hood, Head of Behavior &
Mental Health for Newtopia. "Due to the global pandemic, the
prevalence of depression and anxiety is substantial and pervasive.
As employee populations begin to heal, particular attention needs
to be paid to the mental health component of wellbeing. Newtopia is
proud to be an integral part of that healing process."
About Newtopia
Newtopia is a tech-enabled habit change provider focused on
disease prevention and reducing the cost of care for risk-bearing
entities like large, self-insured employers. As a provider of whole
person care, we prevent, slow and reverse the progression of
chronic disease while enriching mental health, resilience and
overall human performance. Newtopia's programs leverage genetic,
social and behavioral insights to create individualized prevention
programs with a focus on type-2 diabetes, heart disease, stroke and
weight. With a person-centered approach that combines virtual care,
digital tools, connected devices and actionable data science,
Newtopia delivers sustainable clinical and financial outcomes.
Newtopia serves some of the largest nationwide employers and health
plans and is currently listed in Canada on the Toronto Stock Exchange (TSXV:
NEWU) and is quoted in the United
States on the OTCQB® Venture Market (OTCQB: NEWUF). To
learn
more, visit newtopia.com, Facebook, LinkedIn or Twitter.
Forward Looking Statements
This press release contains forward-looking information and
forward-looking statements, within the meaning of applicable
Canadian securities legislation, and forward looking statements,
within the meaning of applicable United
States securities legislation (collectively,
"forward-looking statements"), which reflects management's
expectations regarding Newtopia's future growth, results from
operations (including, without limitation, future production and
capital expenditures), performance (both operational and financial)
and business prospects and opportunities. Wherever possible, words
such as "predicts", "projects", "targets", "plans", "expects",
"does not expect", "budget", "scheduled", "estimates", "forecasts",
"anticipate" or "does not anticipate", "believe", "intend" and
similar expressions or statements that certain actions, events or
results "may", "could", "would", "might" or "will" be taken, occur
or be achieved, or the negative or grammatical variation thereof or
other variations thereof, or comparable terminology have been used
to identify forward-looking statements. All statements other than
statements of historical fact may be forward- looking information.
Such statements reflect Newtopia's current views and intentions
with respect to future events, based on information available to
Newtopia, and are subject to certain risks, uncertainties, and
assumptions. Material factors or assumptions were applied in
providing forward-looking information. While forward-looking
statements are based on data, assumptions and analyses that
Newtopia believes are reasonable under the circumstances, whether
actual results, performance or developments will meet Newtopia's
expectations and predictions depends on a number of risks and
uncertainties that could cause the actual results, performance and
financial condition of Newtopia to differ materially from its
expectations. Forward-looking statements are not a guarantee and
are based on a number of estimates and assumptions management
believes to be relevant and reasonable, whether actual results,
performance or developments will meet Newtopia's expectations and
predictions depends on a number of risks and uncertainties that
could cause the actual results, performance and financial condition
of Newtopia to differ materially from its expectations. Certain of
the "risk factors" that could cause actual results to differ
materially from Newtopia's forward-looking statements in this press
release include, without limitation: the termination of contracts
by clients, risks related to COVID-19 including various
recommendations, orders and measures of governmental authorities to
try to limit the pandemic, including travel restrictions, border
closures, non-essential business closures, quarantines,
self-isolations, shelters-in-place and social distancing,
disruptions to markets, economic activity, financing, supply chains
and sales channels, and a deterioration of general economic
conditions including a possible national or global recession; and
other general economic, market and business conditions and factors,
including the risk factors discussed or referred to in Newtopia's
disclosure documents filed with the securities regulatory
authorities in certain provinces of Canada and available at www.sedar.com,
including Newtopia's final long form prospectus dated March 30, 2020.
Should any factor affect Newtopia in an unexpected manner or
should assumptions underlying the forward-looking information prove
incorrect, the actual results or events may differ materially from
the results or events predicted. Any such forward-looking
information is expressly qualified in its entirety by this
cautionary statement. Moreover, Newtopia does not assume
responsibility for the accuracy or completeness of such
forward-looking information. The forward-looking information
included in this press release is made as of the date of this press
release, and Newtopia undertakes no obligation to publicly update
or revise any forward-looking information, other than as required
by applicable law.
Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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SOURCE Newtopia Inc.