Core Perspective - Fitell Corporation has rebranded to GMEX Robotics, marking a strategic evolution from fitness equipment e-commerce to AI-powered robotics and intelligent consumer technologies [1][2]. Company Overview - GMEX Robotics will continue to operate its fitness and health division, which serves as a testing ground for developing advanced robotic solutions [2][4]. - The company aims to design, manufacture, and commercialize AI-driven robotic solutions for the consumer market, leveraging its expertise in fitness and health products [4][9]. Name and Ticker Change - The legal name change to "GMEX ROBOTICS CORPORATION" was completed on March 2, 2026, and the ticker symbol on Nasdaq will change from "FTEL" to "GMEX" effective March 12, 2026 [2][3]. Strategic Focus - GMEX Robotics will focus on three primary pillars: consumer and commercial robotics, AI-driven hardware, and building an innovation ecosystem powered by proprietary AI algorithms [5][8]. - The company is assembling a new leadership team and technical workforce specializing in mechatronics, computer vision, and machine learning to support its new direction [5]. Vision and Future - The transition from Fitell to GMEX Robotics signifies a bold new chapter, inviting investors and consumers to participate in building an intelligent future [6].
Fitell Announces Corporate Name and Ticker Changes and Rebranding to GMEX Robotics