Wellteq Announces Partnership With Global Fitness and Wellness Marketplace, ClassPass

  • Wellteq (CSE.WTEQ) have signed a partnership settlement with ClassPass, the world’s largest aggregator of health and wellness experiences with a community that features 40,000 well being and health companies throughout 30 nations all over the world.
  • This partnership with ClassPass expands Wellteq’s digital well being and wellness platform to now embrace digital and in-studio health courses of yoga, power coaching, barre, martial arts, pilates, boxing, and indoor biking courses amongst others.
  • Wellteq’s employer and insurer purchasers can now provide motivational health and wellbeing instruments that seamlessly combine into present wellbeing packages for his or her workers or coverage holders no matter their location or working surroundings.
  • The new mixed answer will initially be out there throughout Australia, New Zealand, Singapore, Hong Kong, Thailand, Philippines and India.

WellteQ Digital Health Inc. (CSE:WTEQ) (OTC:WTEQF) (the “Company” or “Wellteq”) is happy to announce the Company has launched a partnership with ClassPass, the main world health and wellness market.

Offering the Latest Revolution in Fitness and Wellness

Founded in 2013, ClassPass is a membership that gives entry to the world’s largest community of health and wellness suppliers. ClassPass companions with greater than 30,000 pre-vetted train studios, well being golf equipment and wellness suppliers to supply a broad vary of digital and in-person courses together with yoga, Pilates, power coaching, boxing and extra. Members can even immediately guide inspiring wellness experiences, resembling massages, acupuncture, and spa remedies from greater than 11,500 bookable wellness and wonder venues. Through present Corporate Wellness choices, ClassPass companions with greater than 2,000 company and enterprise employers to offer quick access to digital and in-person health advantages and wellness actions for groups.

Integrated Solution Supports End Users Reaching Recommended Fitness Standards

Roughly one third of the worldwide grownup inhabitants will not be assembly the minimal weekly stage of bodily exercise advisable by the World Health Organisation. ClassPass’s localised health courses and on-line in-home exercises, mixed with Wellteq’s present bodily exercise, teaching functionalities and wearable information monitoring, will convey unrivalled precision wellness to finish customers. For each employers and insurance coverage suppliers, this revolutionary data-driven wellness answer ensures secure and skilled steerage to workers and coverage holders alike.

How Businesses can use this New Solution

For employers, this partnership affords an online-offline answer for his or her workforce that spans the complete wellness spectrum, together with simple, localised entry to gyms and studios in addition to home-based well being monitoring. The mixed answer gives workers with the precise instruments to remain energetic and preserve their exercise stage in periods of lockdown or work-from-home mandates in the course of the ongoing well being disaster:

  • More correct worker profiling permits workers to know precisely what they should work on, when and for the way lengthy.
  • Safe and safe digital surroundings for workers ensures that customers who are usually not capable of depart house can nonetheless profit from difficult bodily exercises.
  • A devoted answer that improves the lives of the workforce no matter location.

This mixed enterprise answer will initially be made out there in Australia, New Zealand, Singapore, Hong Kong, Thailand, Philippines and India, with plans to increase into different areas.

Sam Canavan, Managing Director (APAC) of ClassPass mentioned, “Since our founder grew pissed off making an attempt to guide a dance class in New York City greater than eight years in the past and determined to repair the issue by creating ClassPass, our mission has been to make discovery and reserving frictionless for health and wellness experiences. This new partnership with Wellteq permits us to proceed on this mission, unlocking a collection of in-person and on-line experiences to cowl all well being and wellness bases, with valuable few obstacles to entry. Our APAC information exhibits us health and wellness goes to be a bigger a part of extra folks’s routines on this area than it was pre-pandemic, and our group is repeatedly rising our community of venue companions past 3,000 in APAC alone – encompassing all the things from meditation in Melbourne, to a sauna or spas in Singapore to Barre in Bangkok – giving customers ever-increasing optionality, realizing everybody’s health and wellness journey is totally different.”

Olly Bridge, Chief Growth Officer of Wellteq, mentioned, “Meeting folks the place they’re on their well being journey is essential for behaviour change and we’re thrilled to be rising Wellteq’s potential to do exactly that with the world class providing from ClassPass. No matter if an individual is simply starting their well being enchancment journey or effectively entrenched in it, this partnership brings actual worth to customers each inside and out of doors of their house. This partnership can be holistic in nature, because it affords each psychological well being advantages in addition to bodily well being, and that demonstrates Wellteq’s dedication to strengthening and rising our broad partnership community.”

About ClassPass

ClassPass gives entry to the world’s largest community of health and wellness suppliers, all with one membership. The ClassPass community contains 40,000 pre-vetted train studios, well being golf equipment and wellness companies that supply a broad vary of digital and in-person courses together with yoga, Pilates, power coaching and boxing, and wellness experiences resembling massages, acupuncture, and spa remedies. ClassPass helps first-time studio homeowners, rising health chains and recognized boutique manufacturers to merchandise their extra stock, discover new clients and generate new streams of income. Since 2018, ClassPass has additionally partnered with over 2,000 firms to supply health and wellness advantages by means of the ClassPass Corporate Wellness Program. For extra info, go to http://classpass.com .

About WellteQ Digital Health Inc.

WellteQ Digital Health Inc. is a number one supplier of company wellness options developed to offer data-driven personalised well being and wellness teaching to have interaction its customers in more healthy behaviours. As an enterprise (business-to-business) mannequin, Wellteq at present has two essential sectors of shoppers: employers and insurance coverage firms. Wellteq has secured a big multinational portfolio of shoppers, together with UBS, DBS and Bupa Insurance, and reseller companions, like Willis Towers Watson, Advanced Human Imaging and Garmin. Wellteq is creating its newly acquired Internet of Medical Things (IoMT) platform for digital care functions which is able to lengthen the Wellteq continuum of care from preventative wellness by means of to digital healthcare.

Investor Contact:

Glen Akselrod
Bristol Investor Relations
E: [email protected]
T: (905) 326-1888

Sales & Partnership Contact:

[email protected]
[email protected]

Cautionary Note Regarding Forward-Looking Statements:

This information launch accommodates info or statements that represent “forward-looking statements.” Such ahead trying statements contain recognized and unknown dangers, uncertainties and different components which will trigger precise outcomes, efficiency or achievements, or developments to vary materially from the anticipated outcomes, efficiency or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that aren’t historic details and are usually, however not all the time, recognized by phrases resembling “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “tasks,” “potential” and related expressions, or that occasions or situations “will,” “would,” “might,” “may” or “ought to” happen.

Forward trying info might embrace, with out limitation, statements relating to the operations, enterprise, monetary situation, anticipated monetary outcomes, efficiency, prospects, alternatives, priorities, targets, targets, ongoing goals, milestones, methods and outlook of Wellteq, and contains statements about, amongst different issues, future developments and the long run operations, strengths and methods of Wellteq. Forward-looking info is supplied for the aim of presenting details about administration’s present expectations and plans referring to the long run and readers are cautioned that such statements will not be acceptable for different functions. These statements shouldn’t be learn as ensures of future efficiency or outcomes.

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