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Omnia Wellness Completes Pivotal Step to Enter European Athletic Market with the Swiss Gymnastics Federation (STV)
Omnia Wellness Completes Pivotal Step to Enter European Athletic Market with the Swiss Gymnastics Federation (STV).
About this update from Omnia Wellness Inc
[{"type":"text","content":"\n Expansion into Europe is a key to global growth and revenue diversification strategy Flagship Endo-Kinetic therapeutic tech to assist STV members to meet their high standards of performance by incorporating recovery, health, and wellness DENVER, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Omnia Wellness Inc. (the “Company”) (OTC US: OMWS), a health and wellness company providing advanced wellness and fitness therapeutic technologies has completed a pivotal step to enter the European athletic market by signing a Letter of Intent with the Swiss Gymnastics Federation (Schweizerischer Turnverband or STV). The Swiss Gymnastics Federation (STV), founded in 1985 and headquartered in Aarau, is the umbrella organization of cantonal/regional associations, gymnastics clubs, and is a member of the Swiss Olympic Association. STV is divided into 30 member associations, has approximately 370,000 members, 3,000 centers, and is not only the largest multisport association in Switzerland, but also the oldest. The STV promotes top-class sport (artistic gymnastics, rhythmic gymnastics and trampoline) as well as popular sports (aerobics, gymnastics, Rhonrad, fistball, Indiaca, basketball, and volleyball). STV and Omnia Wellness intend to implement a phased process beginning in the first half of 2022 that targets Omnia installing its signature Endo-Kinetic therapeutic devices in a growing number of STV’s 3,000 sports centers as well as becoming an official STV sponsor. Operations will start with Pilot Centers, including the STV national performance center of Magglingen where top athletes of all disciplines receive specific training and where the Swiss Federal Institute of Sport is located. Omnia has a dedicated team in Switzerland supporting this initiative. STV’s Central President, Mr. Fabio Corti, said: “We have studied Omnia’s fitness and wellness therapeutic devices and see its technology as strong value-added services for our Olympic athletes as well as our recreational fitness members -- and a win-win for both parties. We eagerly await the initial equipment demonstration in our Lenzburg location, followed by installations of the devices at four of our Centers which we anticipate leading to a wider long-term commercial master agreement.” Omnia Wellness Executive Chairman, Mr. Steve Howe, said: “STV is one ...