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Binovi Technologies is expecting a strong upcoming fiscal year, says Executive Chairman Terry Booth

The Binovi Executive Chairman noted that active users of its platform continue to grow and several orders for its VIMA Rev Strobe Lenses have been fulfilled

Binovi Technologies Corp. -
Binovi Technologies says it anticipates increased revenues for the upcoming year as it expands its global relationships

Binovi Technologies Corp (CVE:VISN) (OTCQB:BNVIF) Monday provided a corporate update from its Executive Chairman Terry Booth, who said active users of the company's Binovi Platform continue to grow and several orders for its VIMA Rev Strobe Lenses have been fulfilled.  

Booth said in a statement: "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." 

READ: Binovi Technologies is harnessing technology to enhance human performance

Booth noted that since the launch of the Binovi platform more than 800 organizations have been registered and have used the platform for vision therapy and sports vision performance, creating nearly 31,000 users while completing more than 400,000 active sessions centered around the Binovi Library list of custom activities created by its member organizations. Binovi is focusing its marketing efforts on the continued expansion of its global relationships while activating local and regional strategic partnerships that support its scalability.

He added that the company's recently-acquired VIMA Rev Strobe Lenses, a strobe training system that stimulates neuro-cognition through vision training, is being integrated into its product platform, providing Binovi with an additional toolset to expand its offering.

VIMA Rev was developed by Nike's former Global Director of Vision Science and his team of sport science experts and its current users include the NHL's Colorado Avalanche, the NBA's Golden State Warriors, Chicago Bulls and the Milwaukee Bucks, as well as some US military clients.  

Binovi Technologies, formerly Eyecarrot Innovations, is all about using technology to enhance human performance, employing its neuro-visual performance platform to test, analyze, track, and report on individual cognitive results. The company’s platform is currently used in over 1,500 locations in more than 20 countries.

Terry Booth, who co-founded Aurora Cannabis, joined Binovi Technologies as its Executive Chairman on May 21, 2020.

Contact Sean at [email protected]

Quick facts: Binovi Technologies Corp.

Price: 0.155 CAD

TSX-V:VISN
Market: TSX-V
Market Cap: $17.23 m
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