Hapbee Announces Partnership with Gharieni Group To License and Distribute Hapbee’s Wellness Technology in Europe and The Middle East

VANCOUVER, British Columbia, April 03, 2025 (GLOBE NEWSWIRE) -- Hapbee Technologies, Inc. (TSXV: HAPB) (OTCQB: HAPBF), the leader in bio-streaming wellness technology, has announced a strategic partnership with Gharieni Group, a leading international manufacturer of premium-quality spa tables, treatment beds and equipment. Under the terms of the agreement, Gharieni becomes the exclusive distributor of Hapbee's Enterprise Solutions for Spa and Wellness across Europe and the Middle East.

As global wellness continues its rapid expansion—now valued at over USD $5 trillion—hospitality operators are seeking turnkey solutions that deliver improved guest experiences and new revenue streams. This partnership directly responds to this demand, enabling properties to implement scalable, tech-forward wellness offerings with minimal friction.

Gharieni's deep market penetration and strong brand equity in Europe and the Middle East position them as an ideal partner to scale Hapbee's distribution in key luxury wellness markets. With a 30+ year legacy of innovation, Gharieni is globally recognized for redefining treatment experiences through state-of-the-art spa and wellness treatment beds, loungers, and integrative technologies.

This collaboration enables the seamless integration of Hapbee's bio-streaming technology into Gharieni's premium spa beds, tables and loungers, as well as the option to retrofit existing equipment through Hapbee's Mattress Toppers and Sleep Pads.

“This alliance significantly strengthens our commercial capabilities in Europe and the Middle East,” said Yona Shtern, CEO of Hapbee. “By embedding our technology into Gharieni's globally recognized equipment, we can better serve the increasing demand for integrated wellness solutions from both guests and operators.”

For Gharieni, the partnership expands their offering into digital wellness, reinforcing their leadership as a solutions provider at the convergence of hospitality and wellness technology.

“Wellness is a core pillar of guest experience,” said Sammy Gharieni, Founder & CEO of Gharieni Group. “Our partnership with Hapbee introduces a novel layer of personalization and functionality to our equipment, making it easier for operators to address evolving market demands.”

Importantly, the agreement also opens significant new revenue opportunities for hospitality operators. In addition to in-spa and in-room applications for enhanced relation and optimized sleep, properties will be able to leverage Hapbee’s retail program, offering consumer versions of the technology for at-home use. This enables continuous engagement with guests beyond their stay, while contributing to the property's bottom line by converting consumer trial on property in retail sales and profits.

Hapbee will be featured alongside Gharieni at upcoming Spa, Wellness and Hospitality exhibitions where industry stakeholders can experience the integrated solution firsthand.

The Company agreed to the settlement of an aggregate of license fees owed Emulate Therapeutics Inc. in the sum of Four Hundred Eighty-Nine Thousand Three Hundred Eighty Eight Dollars USD ($489,388.00 USD) for the issuance of Ten Million Five Hundred Thousand (10,500,000) subordinate voting shares of Hapbee.

About Gharieni Group

Gharieni Group is a global leader in premium spa and wellness technologies and medical treatment equipment, serving luxury hotels, spas, and wellness centers in over 120 countries. Recognized for its precision engineering and forward-thinking design, Gharieni continues to shape the future of wellness infrastructure.

About Hapbee Technologies, Inc.

Hapbee (TSXV: HAPB) (OTCQB: HAPBF) is a leading provider of bio-streaming wellness technology. Designed to help users improve focus, relaxation, and sleep without ingesting substances, Hapbee's technology is used in hospitality, fitness, and personal wellness applications globally. Hapbee is available for consumer purchase at Hapbee.com and Target.com.

Forward-Looking Information Disclaimer

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. 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.

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 , 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.

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For further information contact: Andrea Hamilton

T: 1 888-841-7086

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