24/07/2024

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TUT Fitness Group Signs International Distribution Agreement with Eco Lifestyle Fitness Pte Ltd to Expand Sales To Asian Countries

TUT Fitness Group Signs International Distribution Agreement with Eco Lifestyle Fitness Pte Ltd to Expand Sales To Asian Countries

Receives First Orders for Hong Kong and SIngapore Markets 
Grants Unique Distribution Rights for Hong Kong and Singapore

Vital Highlights:

  • TUT Physical fitness Team signs a 3-12 months distribution arrangement with Eco Way of life Fitness Pte Ltd., primarily based in Singapore
  • Eco Life style Physical fitness ought to meet minimal assured buy volumes every single 12 months for three several years is granted unique income territories in Hong Kong and Singapore
  • TUT Exercise retains all mental home legal rights

VANCOUVER, BC, March 24, 2022 /PRNewswire/ – TUT Fitness Team Inc. (TSXV: Health and fitness center) (Frankfurt: 7PG) (“TUT” or “The Corporation”), the leader in cost-effective, large-performance fitness center equipment built all over time-less than-pressure resistance bands, has signed an exclusive distribution agreement with Eco Life-style Physical fitness Pte Ltd (ELF), a major Asian Physical fitness Tools distributor, for the Hong Kong and Singapore marketplaces.

For every conditions of the arrangement, Eco Life-style Conditioning (ELF) will advertise TUT Physical fitness products and solutions to its channel of shoppers that consists of physical fitness facilities, spas, lodges, athletic athletics trainers, physiotherapists and uniform team customers. TUT Physical fitness has granted ELF exceptional territories in Hong Kong and Singapore, furnished that ELF meets assured least order volumes for every single 12 months in excess of the three decades of the arrangement

“ELF’s mission is to convey about the fullest potential of human general performance and nicely-getting by introducing the most up-to-date health and fitness ideas, innovations and physical fitness schooling to our prospects. We are very  pleased to be appointed unique distributor of TUT Health items in our markets. We think that the little dimension and quality design and style of the TUT Trainer™ Tower and TUT Rower™ will market exceptionally perfectly,” claimed Hai Yong, Tan CEO of Eco Lifestyle Health Pte Ltd.

TUT’s flagship solution, the TUT Trainer™ Tower, can be clamped onto a doorway body and necessitates fewer than 2 square toes (.18 sq. meters) of floor place. The whole TUT Trainer™ Tower weighs just 11.6 lbs . (5.2 kilograms).

“We are incredibly impressed with Hai Yong and his team’s advertising and marketing options and sturdy existence during Asia, as we mature TUT into a world manufacturer and bring conditioning effectiveness and affordability to the masses. Partnering with Eco Lifestyle is a strategic opportunity for TUT to develop the achieve of our internationally patented resistance bands (TUT Plates™) into new marketplaces,” mentioned Rob Smith, CEO of TUT Exercise Group, Inc.

TUT Health and fitness merchandise are getting promoted and sold into the $10.73 billion world-wide current market for household gymnasium machines. In addition, TUT Fitness Team licenses its internationally-patented stackable TUT Plates™ to OEM/ODM machines companies.

LICENSING & PARTNERSHIPS Get hold of:
Get-togethers fascinated in partnership or licensing possibilities ought to speak to Mark Addison, Director of Strategic Income & Partnerships at: [email protected].  

International Product sales Call:
Resellers and distributors interested in representing TUT Conditioning Group solutions should really call Stefan Silner, VP of International Gross sales & Distribution at: [email protected]

Please see our Company Video or our social channels: Instagram, Fb, Twitter, LinkedIn, TUT Highlights (YouTube).

ABOUT TUT Fitness Team:
TUT is a Vancouver-primarily based Canadian maker of large-effectiveness and very affordable health solutions. The corporation has intended, patented, and made 1 of the world’s smallest (11.6 lbs), and most affordable large-general performance residence fitness centers. Incorporated in 2018, TUT is an emerging participant in the connected Home Gymnasium and Fit Tech hardware space, concentrating on the US$10.73B Worldwide Dwelling Exercise Equipment Industry[1] and On the web Exercise Current market, anticipated to be US$30B by 2026[2].

TUT’s flagship TUT Trainer™ micro gymnasium makes use of patented, stackable resistance band technological know-how (TUT Plates™) to exchange major steel weights, increasing variety and focusing on every muscle mass team without the need of introducing pressure to joints or tendons. With much more than 250+ exercises, the multi-practical and portable gym also features an optional TUT Rower™, and gives breakthrough useful toughness and cardio education that raises the bar for personal house gyms.

For additional information please call:

[email protected]
Rob Smith
CEO, TUT Physical fitness Group Inc.

Forward-Looking Statements

Specific statements in this release are ahead-looking statements or information, which incorporate the most well-liked affiliate gross sales application, TUT Health and fitness Group licensing its technological innovation, expectations and outcomes from the TUT Conditioning Group’s patented engineering, progress of technologies, purchaser desire for TUT Conditioning Group’s items, the updates to TUT items, long run strategies, regulatory approvals and other issues. Forward-hunting statements consist of statements that are not purely historical, such as any statements relating to beliefs, plans, anticipations or intentions relating to the future. These info can normally be discovered by the use of forwarding-on the lookout wording this sort of as “may perhaps”, “be expecting”, “estimate”, “anticipate”, “intend”, “think” and “proceed” or the damaging thereof or similar variations. The reader is cautioned that assumptions made use of in the planning of any ahead-looking details may demonstrate to be incorrect. Gatherings or circumstances could induce genuine success to differ materially from people predicted, as a result of quite a few known and unidentified threats, uncertainties, and other components, many of which are over and above the manage of the Enterprise, like but not confined to, small business, economic and capital market place situations, the means to handle working expenditures, security threats, and dependence on critical staff and including all those other hazards submitted under the Company’s profile on SEDAR at www.sedar.com. Such statements and info are based on quite a few assumptions with regards to current and future enterprise procedures and the surroundings in which the Firm will operate in the potential, including the demand from customers for its items, predicted charges, and the capability to accomplish aims. Factors that could lead to the precise final results to vary materially from individuals in forward-wanting statements include things like, failure to attain regulatory approval, the ongoing availability of capital and funding, gear and know-how failures, litigation, enhance in operating prices, the influence of COVID-19 or other viruses and conditions on the Company’s potential to run, opposition, failure of counterparties to complete their contractual obligations, exchange rate fluctuations, federal government restrictions, reduction of important staff members and consultants, and normal financial, market place or enterprise conditions. Ahead-seeking statements contained in this news release are expressly certified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking info.

The forward-wanting statements contained in this news launch are created as of the day of this news release. Other than as needed by legislation, the Corporation disclaims any intention and assumes no obligation to update or revise any ahead-wanting statements, whether as a end result of new facts, foreseeable future events or otherwise. On top of that, the Business undertakes no obligation to remark on the expectations of, or statements built by, 3rd functions in respect of the matters talked over over.

Resource TUT Health and fitness Group Limited