Binovi Partners with European Reseller Sport-Orthèse to Commercialize Binovi Hardware

Rhea-AI Summary

Binovi Technologies Corp. has expanded its global reseller network by partnering with Sport-Orthèse, enhancing its business model in Europe. This partnership aims to optimize revenue opportunities and strengthen customer relations by offering localized support. Binovi continues to work with existing US partner Bernell Corporation while focusing on best-in-class product innovations. The company's neuro-visual performance platform is already utilized in over 20 countries, promoting cognitive performance in various sectors.

Positive

• Partnership with Sport-Orthèse enhances Binovi's presence in the European market.
• Focus on localized customer support aims to improve user experience and satisfaction.
• Continued collaboration with Bernell Corporation supports growth in the US.

Negative

• None.

TORONTO, ON and NEW YORK, NY / ACCESSWIRE / February 11, 2021 / Binovi Technologies Corp., (Binovi) (OTCQB:BNVIF)(TSXV:VISN)(GR:2EYA) today announces that it has expanded its global reseller network with a partnership with Sport-Orthèse), activating its country-specific scalable business model. This move demonstrates Binovi's ongoing efforts to optimize its revenue opportunities within its global strategy.

"As Binovi continues to successfully implement its global reseller partnerships, we remain dedicated to serving our consumers more personally and investing in the company's long-term growth opportunities. In working with Sport-Orthèse, we're signalling our dedication to our European clientele and furthering our goal for continued success on the continent," said Adam Cegielski, Binovi Founder + CEO.

Binovi remains firmly committed to serving users through its global partners with best-in-class product innovations and customer service while leveraging partnerships to support sustainable, profitable growth world-wide. In addition to this new connection to the EU, the Company will continue to work with existing distribution partner Bernell Corporation in the United States.

"We continue to broaden our customer base and aim to provide the best possible experience, especially with respect to working with customers in their native language whenever possible. Sport-Orthèse has the reach and capabilities to ensure Binovi is well represented in the European market," commented Binovi Executive Chairman Terry Booth.

About Sport-Orthèse
Based in Marseille, France, Sport-Orthèse is an e-commerce site specializing in the sale of orthotics, sports equipment, and protective equipment for sports enthusiasts who are fond of skiing, kitesurfing, motocross, cycling, running, and other intense sports. In addition to these products, the company also provides equipment for physical preparation and at-home workouts (floor mats, rubber bands, training kits, kettlebells, etc.), as well as after-activity recovery (Compex, Hypervolt, etc.). Sport-Orthèse strives to provide professional sports and health advice and strong interaction with customers through personalized support and advice based on needs.

For additional information on the Company, please visit www.binovi.com/sports-athletes or www.vima.com.

Follow on Twitter (@BinoviVISN) or Instagram (@binovivisn)

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.

Terry Booth
Executive Chairman

Adam Cegielski
Founder | CEO

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/629201/Binovi-Partners-with-European-Reseller-Sport-Orthse-to-Commercialize-Binovi-Hardware

FAQ

What is the significance of Binovi's partnership with Sport-Orthèse for shareholders?

The partnership expands Binovi's market presence in Europe, potentially increasing revenue streams for shareholders.

How does Binovi Technologies Corp. enhance customer support through partnerships?

Binovi aims to provide localized support to customers, ensuring a better experience and stronger relationships.

What products does Binovi Technologies Corp. offer globally?

Binovi offers a neuro-visual performance platform used for cognitive training in education, sports, and vision care.

What markets is Binovi Technologies Corp. currently operational in?

Binovi operates in over 20 countries, including both North American and European markets.

What impact does the partnership with Sport-Orthèse have on Binovi's future growth?

The partnership is expected to optimize revenue opportunities and enhance Binovi's competitive edge in Europe.