Hapbee Expands Retail Distribution with Target Stores
12 Septembre 2024 - 3:00PM
Hapbee Technologies, Inc. (TSXV: HAPB) (OTCQB: HAPBF) (FSE: HA1)
("Hapbee" or the "Company"), a leading digital wellness technology
company, announces that it will expand the retail footprint of its
innovative Smart Sleep Pad to more than 300 Target stores
nationwide starting in October 2024.
The Hapbee Smart Sleep Pad was
launched as part of Target’s Digital Health program in stores, as
well as online at Target.com. Target (NYSE: TGT) is ranked as the
6th largest retailer in the United States by the National Retail
Federation with 2023 sales of more than $106 Billion1.
Minneapolis-based Target is a leader in emerging consumer trends
like digital wellness and innovation that improves the lives of its
customers.
The Smart Sleep Pad retails for $199
at Target, is covered by a 100-day satisfaction guarantee and comes
with a free 30-day trial Hapbee subscription providing access to
over 75 sleep, mood and performance settings. Customers can scan a
QR code on a custom-designed shelf display in store to learn more
product details.
“Hapbee at Target is about giving
consumers access to devices that foster overall wellness – where
they shop. This expansion with Target, a trusted industry innovator
with massive consumer reach, is an extremely positive leading
indicator for Hapbee,” said CEO Yona Shtern, “With prominent
Hapbee users like Jaylen Brown, Heather Thomson, Jason Kidd and
others now starting to share how Hapbee has helped them improve
their sleep and productivity, a growing number of consumers will
make their way to Target stores and to Target.com to improve their
overall wellbeing – which aligns with our company’s mission to help
people become the best version of themselves, however that is
defined by each one of us .”
According to the CDC, a third of U.S.
adults report that they usually get less than the recommended
amount of sleep. Not getting enough sleep is linked with many
chronic diseases and conditions.
Hapbee's Smart Sleep Pad offers a
transformative alternative solution. Leveraging ultra-low radio
frequencies, it delivers a non-chemical, all-natural alternative to
optimize sleep, elevate mood and boost productivity, all powered by
Hapbee’s innovative digital wellness app where users can manage
their overall wellness and get visibility into personalized
indicators.
Today's announcement builds on
Hapbee’s growth strategy through retail distribution expansion and
its overarching goal of helping to improve people’s wellness
through innovative solutions like its Smart Sleep Pad.
About Hapbee
Hapbee is a publicly traded, digital
wellness technology company that aims to help people take control
of how they sleep, perform and feel. Hapbee's digital wellness
library of Wellness Routines utilizes patented ultra-low radio
frequency energy (ulRFE®), designed to help optimize users' sleep,
productivity and focus, recovery, and downtime. Hapbee devices and
subscriptions are available for purchase at Hapbee.com and through
a growing network of select distributors.
Hapbee trades on TSXV under the symbol
HAPB and on the OTC under the symbol HAPBF.
You can learn more about Hapbee at
www.hapbee.com
Forward-Looking Statements
Certain statements included in this
news release constitute forward-looking information or statements
(collectively, "forward-looking statements"), including those
identified by the expressions "anticipate", "believe", "plan",
"estimate", "expect", "intend", "may", "should" and similar
expressions to the extent they relate to the Company or its
management. The forward-looking statements are not historical facts
but reflect current expectations regarding future results or
events. This news release contains forward-looking statements.
These forward-looking statements are based on current expectations
and various estimates, factors and assumptions and involve known
and unknown risks, uncertainties and other factors. Any statements
about the intended use of proceeds from the Offering are
forward-looking statements. Forward-looking statements are not
guarantees of future performance and involve risks, uncertainties
and assumptions which are difficult to predict. Such statements and
information are based on numerous assumptions regarding the
Company’s ability to meet its planned product marketing and
development initiatives and the Company’s ability to achieve its
e-commerce rollout and full-scale commercial launch as
anticipated.
Factors that could cause the actual
results to differ materially from those in the forward-looking
statements include, delays in design, production, manufacturing,
development or releases of signal blends, collection of data from
customer use, or the Company may not be able to achieve its targets
as anticipated or at all; changes in legislation and regulations;
increase in operating costs; equipment failures; failure of
counterparties to perform their contractual obligations;
litigation; the loss of key directors, employees, advisors or
consultants and fees charged by service providers. Forward-looking
statements contained in this news release are expressly qualified
by this cautionary statement. These risks, uncertainties and
assumptions include, but are not limited to, those described in
Hapbee's annual information form dated May 6, 2024, a copy of which
is available on SEDAR+ at www.sedarplus.ca, and could cause actual
events or results to differ materially from those projected in any
forward-looking statements. These statements should not be read as
guarantees of future performance or results. Such statements
involve known and unknown risks, uncertainties and other factors
that may cause actual results, performance or achievements to be
materially different from those implied by such statements. The
Company assumes no responsibility to update or revise
forward-looking information to reflect new events or circumstances
unless required by law. Readers should not place undue reliance on
the Company's forward-looking statements. Neither TSXV nor its
Regulation Services Provider (as that term is defined in the
policies of the TSXV) accepts responsibility for the adequacy or
accuracy of this release.
Media Contact: Jonathan
Sheerijon@hapbee.comT: 1 888-841-7086www.hapbee.com
E: invest@hapbee.com W:
www.hapbee.com
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