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Message: TUT Fitness Expands Its Footprint in Corporate Wellness with Third Purchase Order from InVite Fitness

TUT Fitness Expands Its Footprint in Corporate Wellness with Third Purchase Order from InVite Fitness

posted on Sep 27, 2023 08:23AM

 

TUT Fitness Group Inc. (TSXV: GYM) (OTC: GYMFF) (Frankfurt: 7PG), a pioneering force in the field of high-performance and affordable Microgyms, is celebrating a significant milestone as it receives its third purchase order from InVite Fitness LLC, a prominent US Corporate Wellness provider. This strategic move solidifies TUT's position in the lucrative US$27.2 billion corporate wellness market.

InVite Fitness, recognized for its commitment to promoting employee well-being, has turned to TUT Fitness once again to bolster its Employee Benefit Programs. In an era marked by historically low unemployment rates, corporate wellness has emerged as a linchpin for organizations seeking to retain and attract top-tier talent. Addressing both physical and mental health while enhancing employee engagement is pivotal, and TUT Fitness is honored to be at the forefront of this vital initiative.

TUT's CEO, Rob Smith, expressed enthusiasm about this partnership, stating, "Our mission has always been to provide flexible, high-value, and portable solutions to our B2B clientele, catering to the vast corporate wellness market. With our patented resistance-band technology, we deliver exceptional strength training benefits to individuals of all fitness levels. We are thrilled to collaborate with InVite and other B2B partners in championing employee wellness. This enduring partnership underscores our commitment to fostering health, wellness, and overall employee well-being."

Seth Grossman, General Manager of InVite Fitness, added, "Our strengthened collaboration with TUT Fitness enhances our reach across various B2B corporate wellness channels, including municipalities, health and employee benefit programs, and more. The TUT Trainer™ Microgym's portability, remarkable performance, and outstanding value broaden our customer base and extend our corporate wellness outreach. This enables us to cater to clients' health needs, whether they are at home, in the office, or on the road."

The U.S. corporate wellness market, estimated at US$27.2 billion in 2022, represents a significant portion of the global market, which is projected to reach US$90.4 billion by 2026, with a compound annual growth rate (CAGR) of 6.8%.[2]

About InVite Fitness, LLC:

Founded in 2018, InVite Fitness is a health and wellness store serving a diverse range of sectors, including health plans, life sciences, employer groups, municipalities, health coaching, rewards, and wellness programs. The company continuously sources cutting-edge health technology and wellness products from around the world, offering FDA-approved, FSA-eligible, and non-FSA tier 1 products that target fitness, disease management, healthy eating, sports nutrition, healthy home, office safety, and ergonomics. InVite Fitness's portfolio empowers organizations and healthcare providers to customize discounted and subsidized offerings to their members, driving measurable and beneficial health wellness outcomes. As a value-add benefit, InVite Fitness seamlessly integrates with existing wellness programs, offering substantial cost savings of 10-60% for organizations of all sizes. There are no membership costs, licensing fees, or minimum requirements, making it an accessible and cost-effective wellness solution.

View original release: 

https://tutfitnessgroup.com/tut-fitness-signs-third-purchase-order-with-us-corporate-wellness-provider-invite-fitness-expanding-further-into-the-us27-2-billion-corporate-wellness-market/

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