03:49:05 EDT Fri 29 Mar 2024
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Hapbee Technologies Inc
Symbol HAPB
Shares Issued 74,418,850
Close 2022-03-30 C$ 0.26
Market Cap C$ 19,348,901
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Hapbee enters dealer partnership with Neurosculpting

2022-03-31 13:30 ET - News Release

Mr. Yona Shtern reports

HAPBEE ANNOUNCES DEALER PARTNERSHIP WITH NEUROSCULPTING(TM)

Hapbee Technologies Inc. has entered into a dealer partnership with Neurosculpting Institute, a provider of best-in-class meditation protocols and processes based in Colorado, United States.

Neurosculpting was founded in 2007 by Lisa Wimberger, a highly regarded neuroplasticity coach and trauma specialist, to develop meditation techniques and protocols to improve recovery, stress regulation and performance. Neurosculpting processes are trademarked on four continents and are currently taught across roughly 50 wellness practices at various locations in the U.S. by certified practitioners and qualified facilitators.

As a result of this partnership, Neurosculpting will promote and deliver the company's smart wearable neckbands with built-in access to its bio-streaming signals and blends to its customers as an enhancement to its trademarked meditation procedure. Hapbee products and services will be available for demonstration and sale through Neurosculpting's network of practitioners and facilitators, resulting in increased visibility and distribution for the company's wellness platform.

The global meditation market is valued at $5.30-billion (U.S.) in 2022 and is expected to reach $20.53-billion (U.S.) in 2029. Hapbee plans to grow its footprint within the broader wellness industry, and the company will continue to target different subsectors within the space such as sleep, recovery, meditation and performance.

"Hapbee and Neurosculpting share a similar vision in helping consumers achieve better sleep, focus, recovery and more," said Yona Shtern, chief executive officer of Hapbee. "With a network of 50 practitioners and facilitators, Neurosculpting has designed a unique meditation process, which will now be further complemented with the integration of Hapbee bio-streaming signals and blends. We look forward to working with the Neurosculpting team."

"We are excited to partner with Hapbee," said Ms. Wimberger, founder of Neurosculpting. "At Neurosculpting, we teach the best-in-class meditation techniques to enhance a person's wellness and we see Hapbee as a perfect fit for our platform."

As part of its growth strategy, the company intends to partner with more dealers and distributors that have an extensive distribution network across North American and international markets.

About Hapbee Technologies Inc.

Hapbee is a leading wearable wellness technology platform with a mission to help people improve their well-being and enhance how they feel. The company is the creator of the Hapbee Neckband, the Sleepbee Sleep Mask and the Sleepbee Bed Topper, which are all powered by Hapbee's patented ultralow-radio-frequency energy (ulRFE) bio-streaming platform which delivers low-power electromagnetic signals and blends designed to help optimize its users' sleep, productivity, recovery and downtime. Hapbee has offices in Montreal, Seattle and Phoenix.

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