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Binovi Expands Product Catalogue with Bernell Corporation to Fulfill Increased Demand of Offerings

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Binovi Technologies Corp. (TSXV:VISN)(OTCQB:BNVIF) announced an expansion of its partnership with Bernell Corporation to enhance its product offerings in the behavioral optometry and vision training sectors. Bernell will continue as the authorized distributor for Binovi Touch and the exclusive North American distributor for Binovi Kit, alongside the newly acquired Computer Aided Vision Therapy (CAVT) product. Significant packaging improvements for Binovi Kit are also planned based on customer feedback. This partnership aims to address the growing demand for Binovi's advanced neuro-visual cognitive technology.

Positive
  • Expansion of product offerings through partnership with Bernell.
  • Continued distribution of Binovi products in North America.
  • Introduction of Computer Aided Vision Therapy product enhances portfolio.
  • Packaging improvements for Binovi Kit based on customer feedback.
Negative
  • None.

Bernell provides the largest assortment of Vision Training, Enhancement, and Rehabilitation products globally.

TORONTO, ON & NEW YORK, NY / ACCESSWIRE / June 29, 2021 / Binovi Technologies Corp., (Binovi) (TSXV:VISN)(OTCQB:BNVIF) a leader in neuro-visual cognitive technology, is pleased to announce the expansion of its preferred reseller and distribution relationship with Bernell through the expansion of its product offerings geared towards the behavioral optometry and vision training industries.

"We're very pleased with the partnership we've had with the team at Bernell and are excited to continue working with them to promote and distribute Binovi products. The feedback they've collected from their clients with respect to both Binovi Touch and Binovi Kit has been very valuable in the incremental changes made to both products. We look forward to working with Bernell for the foreseeable future," commented Adam Cegielski, Binovi Founder + CEO.

Bernell will continue to be the authorized distributor for Binovi Touch in the United States, as well as the exclusive North America distributor of Binovi Kit, but will also be the exclusive distributor for the recently acquired Computer Aided Vision Therapy (CAVT) product. In addition, Binovi Kit will be undergoing significant packaging changes resulting from feedback from customers aimed at reducing the size of Binovi Kit and improving the re-useability and durability of the product.

"Binovi Kit has been a tremendous success because they provide value to both our Optometry customer base as well as the patients they serve. In conjunction with Binovi Pro and the Binovi Platform, the Binovi Kit has become a preferred solution for many practices across North America. In addition, we look forward to continuing to promote and distribute the growing array of exciting technology offerings from Binovi," said Chris Andrews, Bernell President.

For additional information on the Company, please visit https://binovi.com/binovi-for-optometrists-and-vision-therapy/.

@BinoviVISN - Twitter & Instagram

About Bernell Corporation
The Bernell Corporation was founded by Dr. Bernard Vodnoy and his wife Nellie in 1954. The company has evolved to provide over 2,000 ophthalmic products. Bernell is proud to offer the largest assortment of Vision Training, Enhancement, and Rehabilitation products in the world. In 2012, Bernell was presented with the distinguished Industry Appreciation Award by the American Optometric Association for their work and contributions to the field of Sports Vision. Bernell sells over 2,000 ophthalmic products to optometrists, ophthalmologists, occupational therapists, schools, and government around the world. Bernell distributes a wide range of products to meet the primary care and vision testing needs of its customers, as well as the largest line of vision therapy, visual rehabilitation, and behavioral optometry products in the world.

About Binovi Technologies Corp.
Binovi is a best-in-class neuro-visual performance platform designed to test, analyze, track, and report on individual cognitive performance. Binovi combines hardware, software, specialized expert knowledge, and unique data insights to deliver customized, one-on-one training and learning protocols ideal for K-12 Students, Vision Care Specialists, and Sports Performance testing and training. Designed for vision optimization and the enhancement of skills related to cognitive performance, Binovi provides measurable results in less time, and with less effort. Binovi is currently used in over 20 countries.

Adam Cegielski
Founder | CEO

Tania Archer
Interim COO
Global Marketing | Strategic Partnerships

Investor Relations
Email: invest@binovi.com
Toll-free: 1 (844) 866-6162
https://www.binovi.com/investor-reports

Forward-Looking Information
Certain statements contained in this news release constitute 'forward-looking information' as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company's financial condition and development plans do not change as a result of unforeseen events and that the Company obtains regulatory approval. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company's financial condition and development plans change, and delays in regulatory approval, as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedar.com . The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Binovi Technologies Corp.



View source version on accesswire.com:
https://www.accesswire.com/653407/Binovi-Expands-Product-Catalogue-with-Bernell-Corporation-to-Fulfill-Increased-Demand-of-Offerings

FAQ

What is the significance of Binovi's partnership with Bernell Corporation for BNVIF investors?

The partnership enhances Binovi's product distribution in North America, potentially increasing sales and market reach.

What new products is Binovi introducing through Bernell Corporation?

Binovi is introducing the Computer Aided Vision Therapy (CAVT) product and expanding its existing range with improvements to the Binovi Kit.

How does the Binovi Kit packaging change affect BNVIF's market position?

The packaging changes aim to improve re-useability and durability, which can enhance customer satisfaction and sales for the Binovi Kit.

When was the partnership expansion with Bernell Corporation announced?

The partnership expansion was announced on June 29, 2021.

BINOVI TECHNOLOGIES CORP

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