XpresCheck™ Named State of Hawaii Trusted Testing Partner

Rhea-AI Summary

XpresSpa Group, Inc. (Nasdaq: XSPA) announced that its subsidiary XpresCheck has been designated as a Trusted Testing Partner by the State of Hawaii. This designation allows travelers to bypass a mandatory 14-day quarantine by presenting negative COVID-19 test results from XpresCheck. Their rapid molecular and PCR tests, available at major airports including JFK and Newark, comply with Hawaii's testing requirements. CEO Doug Satzman expressed satisfaction with this partnership, highlighting potential for increased travel from the east coast as nonstop flights may be resuming soon.

Positive

• XpresCheck being named a Trusted Testing Partner by Hawaii could enhance revenue due to increased testing demand.
• Tests offered by XpresCheck align with Hawaii's COVID-19 travel requirements, positioning the company favorably in the market.

Negative

• The ongoing pandemic and related travel restrictions continue to pose risks to business operations.
• Dependence on travel-related testing services may limit diversification and expose the company to sector-specific downturns.

NEW YORK, Nov. 13, 2020 (GLOBE NEWSWIRE) -- XpresSpa Group, Inc. (Nasdaq: XSPA) (“XpresSpa” or the “Company”), a health and wellness company, today announced that XpresCheck has been named a State of Hawaii Trusted Testing Partner.

All travelers ages five and over are required to take a Nucleic Acid Amplification Test (NAAT) from a certified Clinical Laboratory Improvement Amendment (CLIA) lab in order to bypass the State of Hawaii’s 14-day mandatory quarantine. The State of Hawaii accepts test results only from Trusted Testing and Travel Partners and tests must be taken no more than 72 hours before flight departure time.

XpresCheck’s rapid molecular COVID-19 test and, Polymerase Chain Reaction (PCR) Test, which are currently offered at JFK International Airport, Newark Liberty International Airport, and Boston Logan International Airport, satisfy these guidelines.

Doug Satzman, XpresSpa Group CEO, stated, “We are pleased to have been named a Trusted Testing Partner by the State of Hawaii as part of their efforts to slow the spread of COVID-19. While current travelers to Hawaii originating from JFK, Newark, or Logan airports may test for COVID-19 at one of our Wellness Centers before connecting through another airport, it is our understanding that nonstop flights originating from the east coast may be resuming in the near future.”

About XpresSpa Group, Inc.

XpresSpa Group, Inc. (Nasdaq: XSPA) is a leading global health and wellness holding company. XpresSpa Group’s core asset, XpresSpa, is a leading airport retailer of spa services and related health and wellness products, with 50 locations in 25 airports globally. Through its XpresTest, Inc. subsidiary, the Company also provides COVID-19 screening and testing, rapid testing services for other communicable diseases that include influenza, mononucleosis and group A streptococcus, and flu vaccination services under its XpresCheck™ brand. Current XpresCheck Wellness Centers include JFK International Airport, Newark Liberty International Airport, and Logan International Airport. To learn more about XpresSpa Group, visit: www.XpresSpaGroup.com. To learn more about XpresSpa, visit www.XpresSpa.com. To learn more about XpresCheck, visit www.XpresCheck.com.

Forward-Looking Statements
This press release may contain "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These include statements preceded by, followed by or that otherwise include the words "believes," "expects," "anticipates," "estimates," "projects," "intends," "should," "seeks," "future," "continue," or the negative of such terms, or other comparable terminology. Forward-looking statements relating to expectations about future results or events are based upon information available to XpresSpa Group as of today's date and are not guarantees of the future performance of the company, and actual results may vary materially from the results and expectations discussed. Additional information concerning these and other risks is contained in XpresSpa Group’s most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q, recent Current Reports on Form 8-K and other Securities and Exchange Commission filings. All subsequent written and oral forward-looking statements concerning XpresSpa Group, or other matters and attributable to XpresSpa Group or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. XpresSpa Group does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof.

Investor Relations:
ICR
Raphael Gross
ir@xpresspagroup.com
(203) 682-8253

Media
Julie Ferguson
Julie@jfprmedia.com
(312) 385-0098

FAQ

What is XpresSpa Group's recent development regarding testing in Hawaii?

XpresCheck has been named a Trusted Testing Partner by the State of Hawaii, allowing travelers to bypass quarantine with negative COVID-19 test results.

How does XpresCheck's testing work for Hawaii travelers?

Travelers must present a negative Nucleic Acid Amplification Test (NAAT) from a certified lab, and XpresCheck offers compliant tests at select airports.

What airports currently offer XpresCheck testing services?

XpresCheck services are available at JFK International Airport, Newark Liberty International Airport, and Boston Logan International Airport.

What is the significance of being a Trusted Testing Partner for XpresSpa Group?

Being a Trusted Testing Partner may lead to increased testing demand and revenue as travelers seek to meet Hawaii's requirements.