I-Wellness Marketing Group Inc.

March 14, 2016 16:54 ET

I-Wellness Marketing Group Provides Industry Update

LAS VEGAS, NEVADA--(Marketwired - March 14, 2016) - I-Wellness Marketing Group Inc. (OTCQB:IWMG), which owns the worldwide marketing rights to a health and wellness app currently under development for iPhone, Android, tablets and desktop computers, is pleased to provide the following update on the state of the health and wellness industry.

The app, called 60K, provides a daily health and wellness guide to assist users in doubling their lifespan from the usual 30,000 days (82 years) to 60,000 days.

According to a recent article in Fortune, "... the number of Americans over the age of 65 is expected to hit 69 million people by 2030. That represents 20% of the U.S. population, up from the today's share of 13%." (Source: fortune.com/2016/03/07/aging-cures-research-entrepeneurs/). This will cause a significant drain on our current healthcare resources unless our aging population remains healthy and fit as they get older. 60K is designed to do just that.

The Fortune article further states that life extension companies are "... attracting tens of millions of investment dollars." For example, PayPal co-founder Peter Thiel has invested millions in life extension companies so he can reach his publicly stated goal of living to 120. Bill Maris, CEO of Google Ventures, who believes it is possible to live to the age of 500, invested $2 Billion of the fund's assets in life sciences in 2015. And Arthur Levinson, CEO of Google Calico, is leading a multi-million dollar research project to determine what factors, other than disease, affect lifespan.

The life extension industry is fairly new but, with the backing of heavyweight backers like those named above, it is quickly becoming mainstream. 60K is a participant in this industry by introducing its solution in the battle for longer life. A mobile personal assistant designed to operate on the Android and IOS platforms, 60k custom designs a healthy fitness routine and lifestyle guide to make you look, feel, and live longer.

If scientists are to be believed, average life spans of 120 years or more are no longer found only in science fiction. According to Dr. Elizabth Blackburn, who won the Nobel Prize in 2009 for research on telomeres and the genetics of aging, "We are not talking about something ridiculously ambitious or unrealistic or visionary."

(Source: www.telegraph.co.uk/finance/financetopics/davos/12111287/Nobel-scientist-tells-us-we-can-live-to-150.html)

60K will soon announce the release of its first generation for Android and IOS platforms.

Notice Regarding Forward-Looking Statements

This press release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with intellectual property protection, marketing and sale, manufacturing and distribution and difficulties associated with obtaining financing on acceptable terms. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact Information

  • I-Wellness Marketing Group Inc.
    Timothy Ferguson
    (702) 318-7545