MyFiziq signs term sheet with Bearn LLC

  • Jan 22, 2020 AEDT
  • Team Kalkine

MyFiziq Limited (ASX:MYQ) has announced that it has signed a binding term sheet with Bearn LLC in North America, who is the owner and operator of a transformative Bearn Application. A few highlights of the term sheet are as follows;

  • Bearn LLC pays its users to achieve their weight loss goals.
  • The company’s body tracking technology will be integrated into Bearn’s app.
  • Bearn has a unique method of engagement and retention which has demonstrated 75% retention of its user.
  • Bearn is targeting a full launch of the application in April / May 2020.
  • Bearn LLC is currently working with several the world largest wearable companies and manufacturers that are looking to build retention through rewarding their consumers for achieving their fitness and weight loss goals.

 

 

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