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Touchpoint Group Holdings Announces Commercial Launch of Russell Simmons GDAS Yoga and Meditation App

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
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Rhea-AI Summary

Touchpoint Group Holdings (TGHI) has launched the GDAS app, providing on-demand yoga and meditation classes via iOS. Subscribers can access live and recorded sessions hosted by Russell Simmons, aimed at enhancing health and mindfulness. Priced at $9.99 monthly, the app connects users to wellness resources from the G-das Bali resort. With a focus on modern wellness during the COVID-19 pandemic, this initiative is designed to help users achieve personal health goals and foster connections between fans and brands.

Positive
  • Launch of GDAS app expands service offerings and generates potential new revenue streams.
  • Affordable subscription model at $9.99 per month may attract a broad user base.
  • Partnership with Russell Simmons adds credibility and brand recognition to the app.
  • Focus on wellness and mental health aligns with current consumer trends during the pandemic.
Negative
  • Potential risks include uncertainty of consumer demand for the app.
  • Dependence on a single celebrity figure (Russell Simmons) for brand identity may pose risks.

The GDAS app allows fans to participate in live and on-demand yoga and meditation classes from the safety of home

Touchpoint platform continues to connect fans and brands while promoting wellness in new ways during COVID-19 pandemic

MIAMI, March 04, 2021 (GLOBE NEWSWIRE) -- Touchpoint Group Holdings, Inc. (OTCQB: TGHI), a media and digital technology holding company, today announced that its licensee, Rush GDAS LLC (“GDAS”), has commercially launched its Touchpoint app (GDAS) in the iOS store.

The GDAS yoga and meditation app provides subscribers the ability to live stream classes hosted by Russell Simmons and his team, helping users meet their life, health and mindfulness goals. The app also provides access to class schedules, descriptions and original merchandise. In addition to the multi-category on-demand video classes, Russell Simmons and his team will live stream and upload classes to the app on a regular basis, enabling users to access content anytime and anywhere. The GDAS yoga application is now available for download on iOS devices via Apple’s App Store with subscriptions available for $9.99 per month.

Content for the GDAS app will be focused on Russell Simmons’ G-das Bali boutique yoga resort www.gdasbali.com located in Ubud Gianyar, Bali. G-das Bali aims to be a place for collaboration and integration of the various specialties in the conscious health and wellness movement, serving as a destination for those wishing to explore possibilities of a healthy lifestyle and deep healing. Moreover, G-das Bali is a lifestyle brand, promoting a conscious healthy lifestyle that goes beyond the yoga studio, the resort and wellness center. G-das Bali connects users with all the tools needed to advance personal health, so users can effortlessly continue their journey. The GDAS app extends this health and well-ness experience to the comfort and safety of subscribers homes.

Russell Simmons, commented, “I am very excited to launch GDAS short for Govinda Das Ananda or God's blissful servant, as a premier online yoga meditation and wellness destination. Yogic science is also known as the science of happiness, the goal of yoga is nothing short of full self realization. The yogis know that once one truly knows the self, they fully know God and live in his kingdom forever. She is then in a state of christ consciousness nirvana, taqua nirvana, yoga or in union with GOD. After studying yogic science for over 25 years, I have taken an oath to dedicate the last chapter of my life to helping people get out of the suffering of this world. This is a very personal project for me as it is the result of my own personal journey and now part of my plan to instill more of the physical health, happiness, mindfulness, compassion, love and interreligious collaboration that I have long promoted. As a Christian yogi with a love and respect for all religions, I pray that this app will be a bridge builder and that it will earn profits to help underserved community members everywhere. The style of the physical Asana is Tantris yoga, it is a combination of jivamukti, Astanga, Iyengar, Power, and Bikram yoga. The app is intuitive and very traditional in nature, the music will vary from krishna das and bhagavad das to Beyonce and EPMD. We are all experiencing a new way of life during the pandemic and more people are seeking the tools that will help them achieve lasting stable happiness. One does not have to become fully enlightened to experience yoga, one should note that every effort we make in this life is for more seconds of yoga. These tools will add more seconds, minutes and hours of presence awareness and God consciousness to anyone who partakes. Our partnership with Touchpoint is critical, and they are creative and resourceful enough to help us achieve our goals. I couldn't be happier with our product. With great love, all things are possible.”

Spencer Christopher, CTO of Touchpoint, said, “We look forward to suporting the success of Russell’s online business. Importantly, the Touchpoint app is helping celebrities and fans connect in modern ways during the COVID-19 pandemic. We look forward to building the GDAS online business with Russell, and to put GDAS at the forefront of on-demand yoga and meditation.”

About Touchpoint Group Holdings.

Touchpoint Group Holdings Inc. is a media and digital technology acquisition and software company. For more information, see http://touchpointgh.com/.   

Safe Harbor Statement

This news release may contain “forward-looking” statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ from those in the forward looking-statements. Potential risks include such factors as the inability to enter into agreements with parties with whom we are in discussions, the uncertainty of consumer demand for the Company’s products, as well as additional risks and uncertainties that are identified and described in the Company’s SEC reports. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company does not undertake, and it specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.

Contact
Crescendo Communications, LLC
212-671-1021
tghi@crescendo-ir.com


FAQ

What is the GDAS app launched by Touchpoint Group Holdings (TGHI)?

The GDAS app is a yoga and meditation platform offering live and on-demand classes led by Russell Simmons, designed to improve health and mindfulness.

How much does the GDAS app subscription cost?

Subscription for the GDAS app is available for $9.99 per month.

What features does the GDAS app provide for users?

The GDAS app offers live streaming of classes, access to class schedules, descriptions, original merchandise, and on-demand video content.

When was the GDAS app launched?

The GDAS app was officially launched on March 4, 2021.

What is the focus of the content offered on the GDAS app?

Content on the GDAS app is centered around yoga, meditation, and wellness, inspired by Russell Simmons' G-das Bali boutique yoga resort.

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