HAPB Hapbee Technologies Inc

The Smart Sleep Pad extends Hapbee device line-up with a new form factor designed for sleep that delivers strong results

VANCOUVER, BC, Sept. 15, 2022 /CNW/ - Hapbee Technologies, Inc. (TSXV: HAPB) (OTCQB: HAPBF) (FSE: HA1) ("Hapbee" or the "Company"), the digital wellness technology company is pleased to announce the launch of the Hapbee Smart Sleep Pad, a versatile, comfort-first, sleep-oriented pad that is powered by Hapbee's innovative digital wellness app.

Over 70% of Americans suffer from different types of sleep disorder such as chronic insomnia, interrupted sleep as well as issues related to falling asleep or getting sufficient deep, restorative sleep. A growing number of these consumers are turning away from stimulants and chemicals and looking to innovative and effective natural solutions like Hapbee that are drug-free and do not harbor negative side effects.

Engineering Hapbee's unique digital wellness technology into a recognizable, consumer-friendly product has been a major priority for the Company based on feedback from both consumers and enterprise clients. 

The pad measures approx 12" x 18" and is roughly 0.5" thick. Its exterior is made of soft, quilted material with a foam padded center for maximum comfort and minimum disruption. It has been designed for versatility - for use on the bed under a pillow or as a pillow, while traveling as well as for behind the back for comfort and relaxation while a person is seated. The pad is thin and cushioned and as a result, it can be used anywhere to ensure quality sleep.

One of the Smart Sleep Pad's most compelling features is its apparent improved efficacy for sleep as compared to the Hapbee Neckband. It features a 10" coil that is 50% larger than the Neckband, which in lab tests and human trials has delivered consistently stronger and more noticeable effects due to the larger field radius and "sweet spot" that overcomes movement during sleep.

"The Smart Sleep Pad represents a major milestone for our company and for our customers," said Yona Shtern, CEO of Hapbee. "After months of careful research and lots of feedback from our community of users, we are delighted to have designed an effective, natural, user-friendly product designed especially for sleep - our largest category of use. This new form factor provides our customers with the night-time sleep and relaxation solution they have been asking for and is the perfect complement to the Hapbee Neckband for focus and performance during the day."

Furthermore, the Smart Sleep Pad will be shown at the Company's booth at the BioHacking Convention at the Beverly Hills Hilton in Los Angeles, California from September 15 to September 18, 2022.

The Smart Sleep Pad is compatible with Hapbee App Version 2.0 and later versions. Current Hapbee subscribers do not require an additional subscription to power the device. They simply need to register the Smart Sleep Pad to their account directly in the Hapbee App.

The Smart Sleep Pad is available for pre-order starting on September 15 on the Company's website at www.Hapbee.com. First production of the pads are scheduled to start shipping in time for the end-of-year holiday season. Orders will be shipped on a first-come, first-served basis and customers are encouraged to place their orders early to ensure access to current production run.

Users can upgrade to Hapbee Mobile App version 2.0.4 or later as a free download in Apple's App Store and Google Play.

Hapbee is a digital wellness technology company that aims to help people take control of how they sleep, perform and feel. Hapbee's digital wellness library of Blends and Routines utilizes patented ultra-low radio frequency energy (ulRFE^®), designed to help optimize users' sleep, productivity, recovery, and downtime. Hapbee devices and subscriptions are available for purchase at Hapbee.com and through a growing network of select distributors.

You can learn more about how Hapbee works at www.hapbee.com/science.

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 Hapbee's product marketing and development initiatives; and the introduction of new products or services; are all forward-looking information. 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 January 27, 2021, a copy of which is available on SEDAR at www.sedar.com, 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 TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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SOURCE Hapbee Technologies Inc.