TORONTO, ON and NEW YORK, NY / ACCESSWIRE / November 23, 2020 / Binovi Technologies Corp., (Binovi) (TSXV:VISN)(OTCQB:BNVIF), a leader in neuro-vision performance technology, is pleased to provide a corporate update.

Key Highlights:

• Binovi Platform Engagement: Active Users
• Strategic Acquisitions: Vima Rev Strobe Lenses

'Based on current performance and our experience and feedback from users, we expect to have a strong upcoming fiscal year. Our new technologies and acquisitions are primed to move us forward and bring greater innovation, better results for our users, and increased revenues for the company. The team at Binovi has the drive and determination to make great strides in the months and years to come,' said Terry Booth, Binovi Executive Chairman.

Binovi Platform Engagement:

The growth of the Binovi Platform is a core focus of the company. Since the launch of Binovi, more than 800 organizations have been registered and have used the platform for vision therapy, sports vision performance. These organizations have created nearly 31,000 users, together completing more than 400,000 active sessions centered around the Binovi Library list of activities, custom activities created by our member organizations.

The company has successfully focused its marketing efforts on the continued expansion of its global relationships while activating local and regional strategic partnerships that support its scalability. Binovi continues to monitor the realities Covid-19 and its impact on healthcare delivery.

Binovi was founded to optimize the delivery of secure healthcare solutions globally, and that has never been more important than today. Our expanding team has ensured that the company is well positioned to leverage the dynamic marketplace that now exists under the restrictions of social distancing.

Strategic Acquisitions:

The acquisition and integration of the VIMA Rev Strobe Lenses under the Binovi umbrella has provided Binovi with an additional toolset to expand its offering. Developed by Nike's (NYSE: NKE) former Global Director of Vision Science and his team of sport science experts, the VIMA Rev Strobe Lenses are an integrated strobe training system that stimulates neuro-cognition through vision training. The lightweight, durable eyewear has been refined over three decades.

VIMA's technology is being integrated into the Company's Binovi Product Platform, with several orders already fulfilled. Current VIMA Rev strobe users include the NHLs Colorado Avalanche, the NBAs Golden State Warriors, Chicago Bulls and the Milwaukee Bucks. Additionally, several significant military installations utilize the strobe technology.

For additional information on the Binovi Connect App, please visit https://www.binovi.com/investor-reports/

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About Binovi Technologies Corp.

Binovi is a best-in-class neuro-visual platform designed to test, analyze, track, and report on individual vision and cognitive performance. Binovi combines hardware, software, specialized expert knowledge, and unique data insights to deliver customized, one-on-one training and learning protocols ideal for K-12 Students, Sports Performance testing and training, and other areas of specialized care. Designed for vision optimization and the enhancement of skills related to cognitive performance, Binovi provides measurable results in less time, and with less effort. Binovi is currently used in over 20 countries.

On Behalf of the Board of Directors

Terry Booth

Executive Chairman

Adam Cegielski

Founder | CEO

Investor Relations

Email: [email protected]
Toll-free: 1 (844) 866-6162
https://www.binovi.com/investor-reports/

Forward looking information:

Certain statements contained in this news release constitute 'forward-looking information' as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company's financial condition and development plans do not change as a result of unforeseen events and that the Company obtains regulatory approval. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company's financial condition and development plans change, and delays in regulatory approval, as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedar.com . The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Binovi Technologies Corp.